7,819 Shares in NVIDIA Co. (NASDAQ:NVDA) Acquired by Finward Bancorp

Finward Bancorp acquired a new stake in NVIDIA Co. (NASDAQ:NVDA - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,819 shares of the computer hardware maker's stock, valued at approximately $1,050,000. NVIDIA accounts for about 0.9% of Finward Bancorp's holdings, making the stock its 29th biggest position.

Other large investors also recently made changes to their positions in the company. Tacita Capital Inc purchased a new stake in shares of NVIDIA in the fourth quarter worth approximately $28,000. Legend Financial Advisors Inc. bought a new stake in NVIDIA during the fourth quarter valued at about $34,000. Vision Financial Markets LLC acquired a new stake in shares of NVIDIA in the fourth quarter valued at about $38,000. Luken Investment Analytics LLC bought a new position in shares of NVIDIA in the fourth quarter worth about $40,000. Finally, Lowe Wealth Advisors LLC acquired a new position in shares of NVIDIA during the 4th quarter worth about $46,000. Institutional investors own 65.27% of the company's stock.

Insiders Place Their Bets

In other NVIDIA news, insider Donald F. Robertson, Jr. sold 4,500 shares of the business's stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $116.80, for a total transaction of $525,600.00. Following the completion of the sale, the insider now directly owns 479,428 shares of the company's stock, valued at approximately $55,997,190.40. The trade was a 0.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director John Dabiri sold 2,663 shares of NVIDIA stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $110.00, for a total transaction of $292,930.00. Following the sale, the director now owns 17,279 shares of the company's stock, valued at approximately $1,900,690. This represents a 13.35% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 147,147 shares of company stock valued at $17,133,207. 4.23% of the stock is currently owned by corporate insiders.

NVIDIA Price Performance

Shares of NVIDIA stock traded down $0.51 during trading on Thursday, reaching $134.83. The company's stock had a trading volume of 225,616,866 shares, compared to its average volume of 295,864,487. The stock has a 50-day moving average price of $111.24 and a two-hundred day moving average price of $127.14. The stock has a market capitalization of $3.30 trillion, a P/E ratio of 53.06, a price-to-earnings-growth ratio of 1.76 and a beta of 2.11. The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13. NVIDIA Co. has a one year low of $86.62 and a one year high of $195.95.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its earnings results on Wednesday, February 26th. The computer hardware maker reported $0.89 earnings per share for the quarter, topping analysts' consensus estimates of $0.84 by $0.05. NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. The company had revenue of $39.33 billion during the quarter, compared to the consensus estimate of $38.16 billion. As a group, sell-side analysts anticipate that NVIDIA Co. 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 2nd. Shareholders of record on Wednesday, March 12th were issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.03%. The ex-dividend date was Wednesday, March 12th. NVIDIA's dividend payout ratio is 1.36%.

Wall Street Analyst Weigh In

NVDA has been the topic of a number of research analyst reports. Stifel Nicolaus set a $180.00 target price on NVIDIA in a report on Wednesday, March 19th. DA Davidson dropped their target price on shares of NVIDIA from $125.00 to $120.00 and set a "neutral" rating on the stock in a research report on Monday, April 14th. Piper Sandler reiterated an "overweight" rating on shares of NVIDIA in a research note on Friday, April 25th. Needham & Company LLC reissued a "buy" rating and issued a $160.00 price target on shares of NVIDIA in a report on Wednesday, March 19th. Finally, Susquehanna restated a "positive" rating and set a $180.00 price objective on shares of NVIDIA in a report on Wednesday, March 19th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, thirty-six have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, NVIDIA has a consensus rating of "Moderate Buy" and a consensus price target of $164.84.

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.