NVIDIA Co. (NASDAQ:NVDA) Shares Bought by Boxwood Ventures Inc.

Boxwood Ventures Inc. increased its position in shares of NVIDIA Co. (NASDAQ:NVDA - Free Report) by 264.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 43,888 shares of the computer hardware maker's stock after buying an additional 31,834 shares during the period. NVIDIA accounts for 7.9% of Boxwood Ventures Inc.'s holdings, making the stock its 4th biggest position. Boxwood Ventures Inc.'s holdings in NVIDIA were worth $5,894,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hickory Point Bank & Trust acquired a new stake in shares of NVIDIA in the fourth quarter valued at about $2,272,000. Capital Performance Advisors LLP boosted its holdings in NVIDIA by 59.3% in the 4th quarter. Capital Performance Advisors LLP now owns 26,700 shares of the computer hardware maker's stock worth $3,586,000 after buying an additional 9,944 shares during the last quarter. Ethos Financial Group LLC increased its stake in NVIDIA by 24.1% during the 4th quarter. Ethos Financial Group LLC now owns 32,092 shares of the computer hardware maker's stock worth $4,312,000 after buying an additional 6,241 shares in the last quarter. Metis Global Partners LLC raised its holdings in shares of NVIDIA by 3.6% during the fourth quarter. Metis Global Partners LLC now owns 1,464,826 shares of the computer hardware maker's stock valued at $196,711,000 after acquiring an additional 50,978 shares during the last quarter. Finally, Candriam S.C.A. lifted its position in shares of NVIDIA by 0.5% in the fourth quarter. Candriam S.C.A. now owns 7,061,058 shares of the computer hardware maker's stock valued at $948,229,000 after acquiring an additional 35,684 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently commented on NVDA. Mizuho reduced their price objective on NVIDIA from $175.00 to $168.00 and set an "outperform" rating for the company in a research note on Friday, March 14th. Piper Sandler reissued an "overweight" rating on shares of NVIDIA in a research note on Friday, April 25th. Tigress Financial reaffirmed a "buy" rating on shares of NVIDIA in a research note on Wednesday, February 26th. Summit Insights lowered shares of NVIDIA from a "buy" rating to a "hold" rating in a research note on Thursday, February 27th. Finally, UBS Group restated a "buy" rating on shares of NVIDIA in a research report on Friday, April 25th. One research analyst has rated the stock with a sell rating, six have given a hold rating, thirty-six have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $164.96.

Insider Transactions at NVIDIA

In other news, Director Aarti S. Shah sold 20,000 shares of the firm's stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $118.42, for a total transaction of $2,368,400.00. Following the sale, the director now owns 53,208 shares in the company, valued at $6,300,891.36. This trade represents a 27.32 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Colette Kress sold 66,660 shares of the company's stock in a transaction on Friday, March 21st. The shares were sold at an average price of $116.83, for a total value of $7,787,887.80. Following the completion of the transaction, the chief financial officer now owns 3,085,765 shares of the company's stock, valued at $360,509,924.95. The trade was a 2.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 147,147 shares of company stock valued at $17,133,207 in the last 90 days. 4.23% of the stock is currently owned by insiders.

NVIDIA Stock Performance

Shares of NVDA stock traded up $2.89 during midday trading on Friday, hitting $114.50. The company had a trading volume of 189,662,858 shares, compared to its average volume of 300,818,875. NVIDIA Co. has a 52-week low of $86.62 and a 52-week high of $195.95. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.64. The company's 50 day simple moving average is $110.85 and its 200 day simple moving average is $128.19. The stock has a market cap of $2.79 trillion, a price-to-earnings ratio of 45.06, a PEG ratio of 1.76 and a beta of 1.96.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its earnings results on Wednesday, February 26th. The computer hardware maker reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts' expectations of $38.16 billion. Research analysts anticipate that NVIDIA Co. will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Wednesday, March 12th were issued a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.03%. The ex-dividend date of this dividend was Wednesday, March 12th. NVIDIA's dividend payout ratio is currently 1.36%.

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.