Financial Engines Advisors L.L.C. Has $19.04 Million Holdings in NVIDIA Co. (NASDAQ:NVDA)

Financial Engines Advisors L.L.C. increased its holdings in shares of NVIDIA Co. (NASDAQ:NVDA - Free Report) by 21.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 141,802 shares of the computer hardware maker's stock after buying an additional 24,828 shares during the quarter. Financial Engines Advisors L.L.C.'s holdings in NVIDIA were worth $19,043,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in NVDA. SwitchPoint Financial Planning LLC acquired a new stake in shares of NVIDIA during the fourth quarter worth $508,000. Mark Sheptoff Financial Planning LLC lifted its holdings in shares of NVIDIA by 22.4% in the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 21,900 shares of the computer hardware maker's stock valued at $2,941,000 after purchasing an additional 4,001 shares in the last quarter. UNIVEST FINANCIAL Corp boosted its position in shares of NVIDIA by 157.0% during the fourth quarter. UNIVEST FINANCIAL Corp now owns 118,145 shares of the computer hardware maker's stock worth $15,866,000 after buying an additional 72,173 shares during the period. Morey & Quinn Wealth Partners LLC bought a new position in shares of NVIDIA during the fourth quarter worth about $5,915,000. Finally, Murphy & Mullick Capital Management Corp acquired a new stake in NVIDIA in the 4th quarter valued at approximately $3,651,000. 65.27% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on NVDA shares. Morgan Stanley decreased their price target on shares of NVIDIA from $162.00 to $160.00 and set an "overweight" rating for the company in a research note on Friday, April 25th. Barclays decreased their target price on shares of NVIDIA from $175.00 to $155.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. KeyCorp set a $190.00 price target on shares of NVIDIA in a research report on Wednesday, March 19th. UBS Group restated a "buy" rating on shares of NVIDIA in a report on Friday, April 25th. Finally, Rosenblatt Securities lowered their target price on NVIDIA from $220.00 to $200.00 and set a "buy" rating on the stock in a research report on Wednesday, April 16th. Six research analysts have rated the stock with a hold rating, thirty-six have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $164.96.

NVIDIA Price Performance

Shares of NASDAQ NVDA traded down $0.10 during trading hours on Wednesday, hitting $108.92. 223,117,523 shares of the stock were exchanged, compared to its average volume of 303,086,208. The company's fifty day simple moving average is $111.97 and its two-hundred day simple moving average is $128.63. The company has a market cap of $2.66 trillion, a PE ratio of 42.87, a price-to-earnings-growth ratio of 1.76 and a beta of 1.96. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.64 and a current ratio of 4.10. NVIDIA Co. has a 1-year low of $81.25 and a 1-year high of $195.95.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The computer hardware maker reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.05. NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. The company had revenue of $39.33 billion for the quarter, compared to analyst estimates of $38.16 billion. On average, sell-side analysts predict that NVIDIA Co. will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th were paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.04%. The ex-dividend date was Wednesday, March 12th. NVIDIA's payout ratio is 1.36%.

Insider Buying and Selling

In related news, insider Donald F. Robertson, Jr. sold 4,500 shares of the business's stock in a transaction on Friday, March 21st. The shares were sold at an average price of $116.80, for a total value of $525,600.00. Following the sale, the insider now owns 479,428 shares of the company's stock, valued at $55,997,190.40. The trade was a 0.93 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director John Dabiri sold 2,663 shares of NVIDIA stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $110.00, for a total value of $292,930.00. Following the transaction, the director now directly owns 17,279 shares in the company, valued at $1,900,690. The trade was a 13.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 147,147 shares of company stock worth $17,133,207 in the last 90 days. Insiders own 4.23% of the company's stock.

NVIDIA Company Profile

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.