Wall Street Financial Group Inc. boosted its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 6.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,374 shares of the computer hardware maker's stock after acquiring an additional 2,961 shares during the quarter. NVIDIA accounts for 6.3% of Wall Street Financial Group Inc.'s portfolio, making the stock its 3rd largest position. Wall Street Financial Group Inc.'s holdings in NVIDIA were worth $8,649,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in the business. Joule Financial LLC increased its position in NVIDIA by 2.2% in the 3rd quarter. Joule Financial LLC now owns 2,308 shares of the computer hardware maker's stock valued at $431,000 after acquiring an additional 50 shares during the period. Presidio Capital Management LLC increased its position in shares of NVIDIA by 0.4% during the 4th quarter. Presidio Capital Management LLC now owns 15,137 shares of the computer hardware maker's stock valued at $2,823,000 after purchasing an additional 53 shares during the period. Vision Financial Markets LLC increased its position in shares of NVIDIA by 1.2% during the 3rd quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker's stock valued at $866,000 after purchasing an additional 53 shares during the period. Websterrogers Financial Advisors LLC increased its position in shares of NVIDIA by 2.6% during the 3rd quarter. Websterrogers Financial Advisors LLC now owns 2,118 shares of the computer hardware maker's stock valued at $395,000 after purchasing an additional 54 shares during the period. Finally, IMG Wealth Management Inc. increased its position in shares of NVIDIA by 1.4% during the 3rd quarter. IMG Wealth Management Inc. now owns 3,820 shares of the computer hardware maker's stock valued at $713,000 after purchasing an additional 54 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other NVIDIA news, Director Aarti S. Shah sold 19,000 shares of the business's stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $176.71, for a total value of $3,357,490.00. Following the completion of the sale, the director owned 36,007 shares of the company's stock, valued at $6,362,796.97. The trade was a 34.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Colette Kress sold 20,000 shares of the business's stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $174.89, for a total value of $3,497,800.00. Following the completion of the sale, the chief financial officer directly owned 83,060 shares of the company's stock, valued at $14,526,363.40. This represents a 19.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 1,201,616 shares of company stock valued at $215,991,407. 4.17% of the stock is owned by corporate insiders.
NVIDIA News Summary
Here are the key news stories impacting NVIDIA this week:
Analyst Upgrades and Downgrades
NVDA has been the topic of several research analyst reports. JPMorgan Chase & Co. lifted their price target on NVIDIA from $250.00 to $265.00 and gave the company an "overweight" rating in a research report on Thursday, February 26th. Stifel Nicolaus set a $250.00 price target on NVIDIA in a research report on Thursday, January 8th. BNP Paribas Exane lifted their target price on NVIDIA from $260.00 to $270.00 and gave the stock an "outperform" rating in a report on Thursday, February 26th. Jefferies Financial Group restated a "buy" rating and issued a $275.00 target price (up from $250.00) on shares of NVIDIA in a report on Friday, January 16th. Finally, Cantor Fitzgerald restated an "overweight" rating and issued a $300.00 target price on shares of NVIDIA in a report on Monday, March 23rd. Four research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, NVIDIA currently has an average rating of "Buy" and a consensus price target of $275.25.
Read Our Latest Research Report on NVDA
NVIDIA Stock Performance
Shares of NVIDIA stock opened at $188.66 on Monday. The stock has a market cap of $4.58 trillion, a PE ratio of 38.50, a price-to-earnings-growth ratio of 0.62 and a beta of 2.34. NVIDIA Corporation has a 12 month low of $95.04 and a 12 month high of $212.19. The company has a quick ratio of 3.24, a current ratio of 3.91 and a debt-to-equity ratio of 0.05. The business has a fifty day simple moving average of $181.62 and a 200-day simple moving average of $184.46.
NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings data on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.54 by $0.08. The firm had revenue of $68.13 billion during the quarter, compared to analysts' expectations of $65.56 billion. NVIDIA had a return on equity of 97.37% and a net margin of 55.60%.The business's revenue for the quarter was up 73.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.89 earnings per share. On average, sell-side analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.
NVIDIA Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Wednesday, March 11th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Wednesday, March 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA's dividend payout ratio (DPR) is presently 0.82%.
NVIDIA Profile
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Free Report)
NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.
The company's product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.
Further Reading

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