Ossiam Has $223.63 Million Stock Holdings in NVIDIA Co. (NASDAQ:NVDA)

Ossiam lifted its stake in shares of NVIDIA Co. (NASDAQ:NVDA - Free Report) by 261.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,665,260 shares of the computer hardware maker's stock after buying an additional 1,204,260 shares during the quarter. NVIDIA comprises 7.3% of Ossiam's portfolio, making the stock its 5th largest position. Ossiam's holdings in NVIDIA were worth $223,628,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Insider Buying and Selling

In related news, CFO Colette Kress sold 66,660 shares of the stock in a transaction dated 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 sale, the chief financial officer now owns 3,085,765 shares in the company, valued at approximately $360,509,924.95. This trade represents a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John Dabiri sold 2,663 shares of NVIDIA stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $110.00, for a total value of $292,930.00. Following the sale, the director now directly owns 17,279 shares in the company, valued at $1,900,690. The trade was a 13.35% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 147,147 shares of company stock valued at $17,133,207. 4.23% of the stock is owned by company insiders.

NVIDIA Stock Up 0.1%

NVIDIA stock traded up $0.08 during mid-day trading on Monday, hitting $135.48. 138,638,866 shares of the company's stock were exchanged, compared to its average volume of 280,613,031. NVIDIA Co. has a 1-year low of $86.62 and a 1-year high of $153.13. The stock has a 50 day moving average of $112.33 and a two-hundred day moving average of $126.93. The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13. The stock has a market cap of $3.31 trillion, a P/E ratio of 53.32, a P/E/G ratio of 1.76 and a beta of 2.11.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The computer hardware maker reported $0.89 EPS for the quarter, beating analysts' consensus estimates of $0.84 by $0.05. NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. The business had revenue of $39.33 billion for the quarter, compared to analyst estimates of $38.16 billion. As a group, analysts anticipate that NVIDIA Co. will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th were paid a $0.01 dividend. 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 payout ratio is 1.36%.

Wall Street Analyst Weigh In

Several research firms have weighed in on NVDA. Susquehanna reissued a "positive" rating and set a $180.00 target price on shares of NVIDIA in a research report on Wednesday, March 19th. TD Cowen decreased their target price on shares of NVIDIA from $175.00 to $140.00 and set a "buy" rating on the stock in a research note on Wednesday, April 9th. Rosenblatt Securities dropped their target price on shares of NVIDIA from $220.00 to $200.00 and set a "buy" rating for the company in a report on Wednesday, April 16th. Raymond James reaffirmed a "strong-buy" rating on shares of NVIDIA in a research note on Wednesday, April 16th. Finally, Barclays decreased their target price on NVIDIA from $175.00 to $155.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. One investment 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 assigned a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $164.84.

About NVIDIA

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.