Silver Oak Securities Incorporated Has $4.73 Million Position in NVIDIA Co. (NASDAQ:NVDA)

Silver Oak Securities Incorporated boosted its position in NVIDIA Co. (NASDAQ:NVDA - Free Report) by 264.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,542 shares of the computer hardware maker's stock after purchasing an additional 6,926 shares during the quarter. Silver Oak Securities Incorporated's holdings in NVIDIA were worth $4,726,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. LFA Lugano Financial Advisors SA acquired a new position in shares of NVIDIA during the 4th quarter valued at about $28,000. Criterion Capital Advisors LLC purchased a new stake in shares of NVIDIA during the 4th quarter worth about $28,000. Your Advocates Ltd. LLP purchased a new stake in shares of NVIDIA during the 3rd quarter worth about $30,000. Trivant Custom Portfolio Group LLC grew its holdings in shares of NVIDIA by 44.1% during the 3rd quarter. Trivant Custom Portfolio Group LLC now owns 98 shares of the computer hardware maker's stock worth $43,000 after purchasing an additional 30 shares during the period. Finally, O Brien Wealth Partners LLC grew its holdings in shares of NVIDIA by 139.5% during the 4th quarter. O Brien Wealth Partners LLC now owns 91 shares of the computer hardware maker's stock worth $45,000 after purchasing an additional 53 shares during the period. Institutional investors and hedge funds own 65.27% of the company's stock.

Insider Activity

In other news, Director Mark A. Stevens sold 10,000 shares of the firm's stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $797.57, for a total transaction of $7,975,700.00. Following the transaction, the director now directly owns 1,124,583 shares of the company's stock, valued at $896,933,663.31. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director Mark A. Stevens sold 22,700 shares of the firm's stock in a transaction dated Friday, April 5th. The stock was sold at an average price of $879.97, for a total transaction of $19,975,319.00. Following the completion of the transaction, the director now owns 1,052,133 shares of the company's stock, valued at $925,845,476.01. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Mark A. Stevens sold 10,000 shares of the firm's stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $797.57, for a total value of $7,975,700.00. Following the transaction, the director now directly owns 1,124,583 shares of the company's stock, valued at approximately $896,933,663.31. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 61,278 shares of company stock valued at $52,689,898. Company insiders own 3.99% of the company's stock.

Analyst Upgrades and Downgrades

NVDA has been the subject of a number of research reports. Tigress Financial boosted their target price on NVIDIA from $790.00 to $985.00 and gave the stock a "buy" rating in a report on Thursday, February 29th. Wedbush reiterated an "outperform" rating and set a $1,000.00 target price on shares of NVIDIA in a report on Tuesday, March 19th. Bank of America upped their price target on NVIDIA from $925.00 to $1,100.00 and gave the stock a "buy" rating in a report on Wednesday, March 13th. Truist Financial upped their price target on NVIDIA from $911.00 to $1,177.00 and gave the stock a "buy" rating in a report on Monday, March 18th. Finally, Mizuho upped their price target on NVIDIA from $850.00 to $1,000.00 and gave the stock a "buy" rating in a report on Thursday, March 7th. Four investment analysts have rated the stock with a hold rating, thirty-eight have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $944.05.

NVIDIA Stock Performance

NASDAQ NVDA traded down $15.86 during trading hours on Tuesday, hitting $905.54. The company had a trading volume of 43,555,789 shares, compared to its average volume of 51,312,906. NVIDIA Co. has a fifty-two week low of $280.46 and a fifty-two week high of $974.00. The company has a quick ratio of 3.67, a current ratio of 4.17 and a debt-to-equity ratio of 0.20. The business has a fifty day simple moving average of $869.99 and a 200-day simple moving average of $655.88. The firm has a market cap of $2.26 trillion, a P/E ratio of 75.59, a price-to-earnings-growth ratio of 1.27 and a beta of 1.75.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, February 21st. The computer hardware maker reported $5.16 EPS for the quarter, beating analysts' consensus estimates of $4.21 by $0.95. The company had revenue of $22.10 billion for the quarter, compared to analyst estimates of $20.40 billion. NVIDIA had a return on equity of 93.61% and a net margin of 48.85%. The company's quarterly revenue was up 265.3% compared to the same quarter last year. During the same period last year, the company earned $0.65 earnings per share. Equities analysts predict that NVIDIA Co. will post 22.55 EPS for the current year.

NVIDIA Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Wednesday, March 6th were issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.02%. The ex-dividend date of this dividend was Tuesday, March 5th. NVIDIA's dividend payout ratio (DPR) is 1.34%.

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.