NVIDIA Co. (NASDAQ:NVDA) Position Raised by Lindenwold Advisors INC

Lindenwold Advisors INC grew its position in shares of NVIDIA Co. (NASDAQ:NVDA - Free Report) by 33.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,628 shares of the computer hardware maker's stock after acquiring an additional 11,516 shares during the quarter. NVIDIA comprises 3.3% of Lindenwold Advisors INC's holdings, making the stock its 5th largest holding. Lindenwold Advisors INC's holdings in NVIDIA were worth $6,127,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. SOA Wealth Advisors LLC. lifted its position in shares of NVIDIA by 0.3% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 120,634 shares of the computer hardware maker's stock worth $14,650,000 after buying an additional 350 shares in the last quarter. Swedbank AB grew its stake in NVIDIA by 4.8% in the 3rd quarter. Swedbank AB now owns 40,888,722 shares of the computer hardware maker's stock valued at $4,965,526,000 after purchasing an additional 1,868,358 shares during the period. Impax Asset Management Group plc raised its stake in shares of NVIDIA by 13.2% during the 3rd quarter. Impax Asset Management Group plc now owns 5,501,589 shares of the computer hardware maker's stock worth $667,278,000 after purchasing an additional 640,840 shares during the period. Principal Financial Group Inc. boosted its holdings in shares of NVIDIA by 3.7% in the 3rd quarter. Principal Financial Group Inc. now owns 35,627,274 shares of the computer hardware maker's stock worth $4,326,576,000 after buying an additional 1,285,897 shares during the last quarter. Finally, Beta Wealth Group Inc. increased its holdings in NVIDIA by 88.4% during the third quarter. Beta Wealth Group Inc. now owns 21,461 shares of the computer hardware maker's stock worth $2,606,000 after buying an additional 10,069 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors.

Insider Activity

In related news, insider Donald F. Robertson, Jr. sold 4,500 shares of the business's stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $116.80, for a total transaction 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 transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Aarti S. Shah sold 20,000 shares of the firm's stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of $118.42, for a total transaction of $2,368,400.00. Following the transaction, the director now directly owns 53,208 shares of the company's stock, valued at $6,300,891.36. This represents a 27.32 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 147,147 shares of company stock worth $17,133,207 in the last quarter. 4.23% of the stock is owned by company insiders.

NVIDIA Trading Up 4.3 %

NASDAQ:NVDA traded up $4.58 during mid-day trading on Friday, reaching $111.01. 250,248,639 shares of the company's stock traded hands, compared to its average volume of 304,641,559. The company has a 50 day moving average price of $113.21 and a 200-day moving average price of $128.95. The firm has a market capitalization of $2.71 trillion, a price-to-earnings ratio of 43.69, a PEG ratio of 1.76 and a beta of 1.96. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.64. NVIDIA Co. has a 12-month low of $81.25 and a 12-month high of $195.95.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings results on Wednesday, February 26th. The computer hardware maker reported $0.89 EPS for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $38.16 billion. On average, sell-side analysts predict that NVIDIA Co. will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The company also recently announced 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. The ex-dividend date was Wednesday, March 12th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.04%. NVIDIA's dividend payout ratio (DPR) is 1.36%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on NVDA. Susquehanna reaffirmed a "positive" rating and issued a $180.00 price target on shares of NVIDIA in a report on Wednesday, March 19th. DA Davidson lowered their price objective on NVIDIA from $125.00 to $120.00 and set a "neutral" rating on the stock in a research note on Monday, April 14th. Rosenblatt Securities reduced their target price on shares of NVIDIA from $220.00 to $200.00 and set a "buy" rating for the company in a research note on Wednesday, April 16th. William Blair reissued an "outperform" rating on shares of NVIDIA in a research report on Thursday, March 20th. Finally, Barclays cut their price objective on shares of NVIDIA from $175.00 to $155.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Six equities 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. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $164.96.

About NVIDIA

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.