NVIDIA Co. (NASDAQ:NVDA) Holdings Lifted by Thames Capital Management LLC

Thames Capital Management LLC boosted its stake in NVIDIA Co. (NASDAQ:NVDA - Free Report) by 12.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 135,891 shares of the computer hardware maker's stock after acquiring an additional 15,529 shares during the period. NVIDIA comprises approximately 4.9% of Thames Capital Management LLC's portfolio, making the stock its 5th largest position. Thames Capital Management LLC's holdings in NVIDIA were worth $18,249,000 at the end of the most recent reporting period.

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

NVIDIA Stock Up 2.9 %

Shares of NASDAQ NVDA opened at $116.89 on Thursday. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $2.85 trillion, a PE ratio of 46.00, a P/E/G ratio of 1.76 and a beta of 2.11. The firm has a fifty day moving average of $110.21 and a 200-day moving average of $127.73. NVIDIA Co. has a 52-week low of $86.62 and a 52-week 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 the consensus estimate of $0.84 by $0.05. The company had revenue of $39.33 billion during the quarter, compared to analyst estimates of $38.16 billion. NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. On average, analysts anticipate that NVIDIA Co. will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 12th were given 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 yield of 0.03%. NVIDIA's dividend payout ratio (DPR) is 1.36%.

Analysts Set New Price Targets

A number of research analysts have commented on NVDA shares. Tigress Financial restated a "buy" rating on shares of NVIDIA in a research note on Wednesday, February 26th. Needham & Company LLC restated a "buy" rating and issued a $160.00 price target on shares of NVIDIA in a research report on Wednesday, March 19th. Mizuho decreased their price objective on NVIDIA from $175.00 to $168.00 and set an "outperform" rating for the company in a research report on Friday, March 14th. Summit Insights cut shares of NVIDIA from a "buy" rating to a "hold" rating in a research note on Thursday, February 27th. Finally, DZ Bank upgraded NVIDIA from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 28th. One analyst has rated the stock with a sell rating, six have issued a hold rating, thirty-six have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $164.96.

Insiders Place Their Bets

In other news, CFO Colette Kress sold 66,660 shares of NVIDIA stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $116.83, for a total transaction of $7,787,887.80. Following the sale, the chief financial officer now owns 3,085,765 shares in the company, valued at $360,509,924.95. This trade represents a 2.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director John Dabiri sold 2,663 shares of the firm's stock in a transaction on Monday, March 10th. The shares were sold at an average price of $110.00, for a total transaction of $292,930.00. Following the sale, the director now directly owns 17,279 shares of the company's stock, valued at approximately $1,900,690. The trade was a 13.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 147,147 shares of company stock worth $17,133,207 over the last ninety days. 4.23% of the stock is owned by company insiders.

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.

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