NASDAQ:NVDA - Free Report ) by 62.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,281 shares of the computer hardware maker's stock after purchasing an additional 880 shares during the quarter. NVIDIA accounts for approximately 0.6% of Trinity Financial Advisors LLC's investment portfolio, making the stock its 25th biggest position. Trinity Financial Advisors LLC's holdings in NVIDIA were worth $1,130,000 at the end of the most recent quarter.
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Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its stake 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 buying an additional 2,287,471 shares during the period. Northern Trust Corp increased its holdings in NVIDIA by 3.6% in the third quarter. Northern Trust Corp now owns 26,311,434 shares of the computer hardware maker's stock valued at $11,445,211,000 after purchasing an additional 910,009 shares during the period. International Assets Investment Management LLC raised its position in NVIDIA by 54,019.5% during the 4th quarter. International Assets Investment Management LLC now owns 16,866,869 shares of the computer hardware maker's stock worth $8,352,811,000 after purchasing an additional 16,835,703 shares during the last quarter. Charles Schwab Investment Management Inc. lifted 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 buying an additional 77,089 shares during the period. Finally, Wellington Management Group LLP boosted its stake in shares of NVIDIA by 2.0% in 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 last quarter. Institutional investors own 65.27% of the company's stock.
NVIDIA Stock Performance Shares of NVDA stock traded up $11.31 during trading on Friday, reaching $898.78. 33,458,565 shares of the company's stock traded hands, compared to its average volume of 47,065,240. The firm's 50-day moving average is $876.84 and its 200 day moving average is $662.62. The company has a market capitalization of $2.25 trillion, a P/E ratio of 75.27, a PEG ratio of 1.32 and a beta of 1.75. NVIDIA Co. has a 1 year low of $280.46 and a 1 year high of $974.00. The company has a current ratio of 4.17, a quick ratio of 3.67 and a debt-to-equity ratio of 0.20.
NVIDIA (NASDAQ:NVDA - Get Free Report ) last posted its quarterly earnings results on Wednesday, February 21st. The computer hardware maker reported $5.16 earnings per share for the quarter, topping the consensus estimate of $4.21 by $0.95. NVIDIA had a net margin of 48.85% and a return on equity of 93.61%. The business had revenue of $22.10 billion during the quarter, compared to the consensus estimate of $20.40 billion. During the same period in the previous year, the firm posted $0.65 earnings per share. The firm's revenue for the quarter was up 265.3% on a year-over-year basis. Equities research analysts expect that NVIDIA Co. will post 22.55 EPS for the current year.
NVIDIA Announces Dividend The business also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Wednesday, March 6th were given a $0.04 dividend. The ex-dividend date was Tuesday, March 5th. This represents a $0.16 annualized dividend and a dividend yield of 0.02%. NVIDIA's dividend payout ratio is 1.34%.
Wall Street Analysts Forecast Growth Several research firms recently issued reports on NVDA. Bank of America boosted their target price on shares of NVIDIA from $925.00 to $1,100.00 and gave the company a "buy" rating in a report on Wednesday, March 13th. DA Davidson boosted their price objective on NVIDIA from $410.00 to $620.00 and gave the company a "neutral" rating in a report on Thursday, February 22nd. Morgan Stanley increased their target price on NVIDIA from $795.00 to $1,000.00 and gave the stock an "overweight" rating in a report on Wednesday, April 10th. Jefferies Financial Group boosted their price target on shares of NVIDIA from $610.00 to $780.00 and gave the company a "buy" rating in a research note on Thursday, February 22nd. Finally, Sanford C. Bernstein raised their price objective on shares of NVIDIA from $700.00 to $1,000.00 and gave the company an "outperform" rating in a research note on Thursday, February 22nd. Four research analysts have rated the stock with a hold rating, thirty-eight have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, NVIDIA currently has a consensus rating of "Moderate Buy" and a consensus price target of $951.55.
Read Our Latest Stock Report on NVDA
Insider Activity In other NVIDIA news, 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 completion of the sale, the director now directly owns 1,124,583 shares in the company, valued at $896,933,663.31. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link . In related news, Director Mark A. Stevens sold 22,700 shares of NVIDIA stock in a transaction dated Friday, April 5th. The shares were 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 directly owns 1,052,133 shares of the company's stock, valued at approximately $925,845,476.01. The sale was disclosed in a filing with the SEC, which is available at this hyperlink . Also, Director Mark A. Stevens sold 10,000 shares of the company's stock in a transaction dated 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 completion of the sale, 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 . In the last 90 days, insiders have sold 61,278 shares of company stock valued at $52,689,898. Corporate insiders own 3.99% of the company's stock.
NVIDIA Company Profile (
Free Report )
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.
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