NVIDIA Co. (NASDAQ:NVDA) Shares Sold by Triodos Investment Management BV

Triodos Investment Management BV lessened its holdings in shares of NVIDIA Co. (NASDAQ:NVDA - Free Report) by 12.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 519,570 shares of the computer hardware maker's stock after selling 71,700 shares during the period. NVIDIA accounts for approximately 5.6% of Triodos Investment Management BV's investment portfolio, making the stock its biggest holding. Triodos Investment Management BV's holdings in NVIDIA were worth $69,773,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Tacita Capital Inc acquired a new position in shares of NVIDIA in the 4th quarter valued at $28,000. Legend Financial Advisors Inc. purchased a new stake in NVIDIA in the fourth quarter valued at $34,000. Vision Financial Markets LLC acquired a new position in NVIDIA in the fourth quarter valued at $38,000. Luken Investment Analytics LLC purchased a new position in shares of NVIDIA during the fourth quarter worth about $40,000. Finally, Lowe Wealth Advisors LLC acquired a new stake in shares of NVIDIA during the fourth quarter worth about $46,000. Hedge funds and other institutional investors own 65.27% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on NVDA. Mizuho dropped their price target on NVIDIA from $175.00 to $168.00 and set an "outperform" rating on the stock in a research note on Friday, March 14th. Barclays lowered their target price on shares of NVIDIA from $175.00 to $155.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 22nd. Bank of America decreased their price target on shares of NVIDIA from $200.00 to $160.00 and set a "buy" rating for the company in a research note on Wednesday, April 16th. Rosenblatt Securities dropped their price objective on shares of NVIDIA from $220.00 to $200.00 and set a "buy" rating on the stock in a research note on Wednesday, April 16th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $160.00 target price on shares of NVIDIA in a research note on Wednesday, March 19th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, thirty-six have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, NVIDIA presently has an average rating of "Moderate Buy" and a consensus price target of $164.96.

Insider Transactions at NVIDIA

In other news, insider Donald F. Robertson, Jr. sold 4,500 shares of NVIDIA stock in a transaction on Friday, March 21st. The stock was sold at an average price of $116.80, for a total value of $525,600.00. Following the completion of the sale, the insider now owns 479,428 shares of the company's stock, valued at $55,997,190.40. The trade was a 0.93 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Aarti S. Shah sold 20,000 shares of the stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $118.42, for a total value of $2,368,400.00. Following the transaction, 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 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 currently owned by corporate insiders.

NVIDIA Price Performance

Shares of NVDA traded up $2.89 during mid-day trading on Friday, reaching $114.50. 189,662,858 shares of the company's stock were exchanged, compared to its average volume of 300,427,940. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13. NVIDIA Co. has a 52-week low of $86.62 and a 52-week high of $195.95. The company 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. The company has a 50-day simple moving average of $110.85 and a two-hundred day simple moving average of $128.08.

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

NVIDIA Announces Dividend

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