NVIDIA Co. (NASDAQ:NVDA) Shares Sold by Crew Capital Management Ltd.

Crew Capital Management Ltd. lowered its position in NVIDIA Co. (NASDAQ:NVDA - Free Report) by 53.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,103 shares of the computer hardware maker's stock after selling 2,451 shares during the quarter. NVIDIA comprises about 1.1% of Crew Capital Management Ltd.'s portfolio, making the stock its 20th largest position. Crew Capital Management Ltd.'s holdings in NVIDIA were worth $1,041,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in NVDA. Vanguard Group Inc. boosted its holdings in shares of NVIDIA by 1.1% in the third quarter. Vanguard Group Inc. now owns 203,680,199 shares of the computer hardware maker's stock valued at $88,598,850,000 after purchasing an additional 2,287,471 shares during the period. Northern Trust Corp grew its position in shares of NVIDIA by 3.6% during the 3rd quarter. Northern Trust Corp now owns 26,311,434 shares of the computer hardware maker's stock worth $11,445,211,000 after buying an additional 910,009 shares in the last quarter. International Assets Investment Management LLC raised its holdings in shares of NVIDIA by 54,019.5% in the fourth quarter. International Assets Investment Management LLC now owns 16,866,869 shares of the computer hardware maker's stock valued at $8,352,811,000 after acquiring an additional 16,835,703 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in NVIDIA by 0.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 13,197,744 shares of the computer hardware maker's stock worth $5,740,887,000 after acquiring an additional 77,089 shares in the last quarter. Finally, Wellington Management Group LLP increased its position in NVIDIA by 2.0% during the 3rd quarter. Wellington Management Group LLP now owns 10,544,759 shares of the computer hardware maker's stock valued at $4,586,865,000 after purchasing an additional 209,085 shares during the period. Institutional investors own 65.27% of the company's stock.

Insider Buying and Selling at NVIDIA

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. The Goldman Sachs Group upped their price target on shares of NVIDIA from $1,000.00 to $1,100.00 and gave the stock a "buy" rating in a research report on Tuesday. Loop Capital initiated coverage on NVIDIA in a report on Friday, February 16th. They issued a "buy" rating and a $1,200.00 price target on the stock. HSBC upped their price objective on NVIDIA from $880.00 to $1,050.00 and gave the stock a "buy" rating in a research note on Monday, March 18th. TD Cowen boosted their target price on shares of NVIDIA from $900.00 to $1,100.00 and gave the stock an "outperform" rating in a report on Thursday, March 21st. Finally, Needham & Company LLC increased their price objective on NVIDIA from $600.00 to $850.00 and gave the company a "buy" rating in a report on Thursday, February 22nd. Four investment analysts have rated the stock with a hold rating, thirty-eight have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $944.05.

NVIDIA Price Performance

Shares of NVIDIA stock traded down $1.42 on Wednesday, reaching $904.12. The company's stock had a trading volume of 32,238,602 shares, compared to its average volume of 51,101,348. NVIDIA Co. has a 52-week low of $280.46 and a 52-week high of $974.00. The company has a market capitalization of $2.26 trillion, a P/E ratio of 75.72, a PEG ratio of 1.27 and a beta of 1.75. 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 stock has a 50-day moving average price of $872.36 and a 200-day moving average price of $659.34.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data on Wednesday, February 21st. The computer hardware maker reported $5.16 earnings per share for the quarter, topping analysts' consensus estimates of $4.21 by $0.95. The company had revenue of $22.10 billion during the quarter, compared to analysts' expectations of $20.40 billion. NVIDIA had a net margin of 48.85% and a return on equity of 93.61%. The firm's revenue for the quarter was up 265.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.65 earnings per share. Analysts expect that NVIDIA Co. will post 22.55 EPS for the current year.

NVIDIA Announces Dividend

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