NVIDIA Co. (NASDAQ:NVDA) Holdings Decreased by Goldstream Capital Management Ltd

Goldstream Capital Management Ltd trimmed its stake in NVIDIA Co. (NASDAQ:NVDA - Free Report) by 11.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 243,408 shares of the computer hardware maker's stock after selling 31,619 shares during the quarter. NVIDIA accounts for 9.2% of Goldstream Capital Management Ltd's portfolio, making the stock its biggest holding. Goldstream Capital Management Ltd's holdings in NVIDIA were worth $32,687,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Tacita Capital Inc purchased a new position in NVIDIA in the 4th quarter worth about $28,000. Legend Financial Advisors Inc. bought a new position in shares of NVIDIA in the fourth quarter worth about $34,000. Vision Financial Markets LLC bought a new position in shares of NVIDIA during the 4th quarter valued at approximately $38,000. Luken Investment Analytics LLC purchased a new stake in NVIDIA in the 4th quarter worth approximately $40,000. Finally, Lowe Wealth Advisors LLC purchased a new position in NVIDIA during the fourth quarter valued at approximately $46,000. 65.27% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Tigress Financial reiterated a "buy" rating on shares of NVIDIA in a research report on Wednesday, February 26th. Rosenblatt Securities reduced their price target on NVIDIA from $220.00 to $200.00 and set a "buy" rating for the company in a research report on Wednesday, April 16th. Morgan Stanley cut their price target on shares of NVIDIA from $162.00 to $160.00 and set an "overweight" rating on the stock in a research note on Friday, April 25th. KeyCorp set a $190.00 price target on NVIDIA in a research report on Wednesday, March 19th. Finally, Citigroup reissued a "buy" rating on shares of NVIDIA in a report on Wednesday, April 16th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, thirty-six have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $164.84.

Insider Activity at NVIDIA

In related news, Director Robert K. Burgess sold 53,324 shares of NVIDIA stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $115.49, for a total transaction of $6,158,388.76. Following the transaction, the director now owns 251,044 shares in the company, valued at approximately $28,993,071.56. The trade was a 17.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Donald F. Robertson, Jr. sold 4,500 shares of the firm's stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $116.80, for a total transaction of $525,600.00. Following the completion of the sale, the insider now directly owns 479,428 shares of the company's stock, valued at approximately $55,997,190.40. The trade was a 0.93% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 147,147 shares of company stock worth $17,133,207. Corporate insiders own 4.23% of the company's stock.

NVIDIA Stock Performance

Shares of NVIDIA stock traded up $0.08 during trading hours on Monday, hitting $135.48. 138,638,866 shares of the company's stock traded hands, compared to its average volume of 280,613,031. The company has a fifty day simple moving average of $112.33 and a 200-day simple moving average of $126.93. 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 stock has a market capitalization of $3.31 trillion, a price-to-earnings ratio of 53.32, a PEG ratio of 1.76 and a beta of 2.11. NVIDIA Co. has a 12-month low of $86.62 and a 12-month high of $153.13.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly 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. The company had revenue of $39.33 billion during the quarter, compared to analyst estimates of $38.16 billion. NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. Equities research analysts anticipate that NVIDIA Co. will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th were given a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.03%. The ex-dividend date was Wednesday, March 12th. NVIDIA's dividend payout ratio (DPR) is currently 1.36%.

NVIDIA 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.