Stamos Capital Partners L.P. Has $995,000 Position in NVIDIA Co. (NASDAQ:NVDA)

Stamos Capital Partners L.P. decreased its position in shares of NVIDIA Co. (NASDAQ:NVDA - Free Report) by 26.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,410 shares of the computer hardware maker's stock after selling 2,670 shares during the quarter. Stamos Capital Partners L.P.'s holdings in NVIDIA were worth $995,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Hickory Point Bank & Trust acquired a new position in shares of NVIDIA in the 4th quarter valued at approximately $2,272,000. Capital Performance Advisors LLP increased its position in shares of NVIDIA by 59.3% during the fourth quarter. Capital Performance Advisors LLP now owns 26,700 shares of the computer hardware maker's stock worth $3,586,000 after acquiring an additional 9,944 shares in the last quarter. Waddell & Associates LLC increased its position in shares of NVIDIA by 1.2% during the fourth quarter. Waddell & Associates LLC now owns 24,124 shares of the computer hardware maker's stock worth $3,240,000 after acquiring an additional 297 shares in the last quarter. Ethos Financial Group LLC lifted its position in NVIDIA by 24.1% in the 4th quarter. Ethos Financial Group LLC now owns 32,092 shares of the computer hardware maker's stock valued at $4,312,000 after acquiring an additional 6,241 shares in the last quarter. Finally, Metis Global Partners LLC boosted its stake in NVIDIA by 3.6% in the 4th quarter. Metis Global Partners LLC now owns 1,464,826 shares of the computer hardware maker's stock worth $196,711,000 after purchasing an additional 50,978 shares during the period. Institutional investors and hedge funds own 65.27% of the company's stock.

Analyst Ratings Changes

Several research firms have issued reports on NVDA. KeyCorp set a $190.00 price target on NVIDIA in a research note on Wednesday, March 19th. DA Davidson cut their target price on NVIDIA from $125.00 to $120.00 and set a "neutral" rating on the stock in a research note on Monday, April 14th. 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. Hsbc Global Res downgraded shares of NVIDIA from a "strong-buy" rating to a "hold" rating in a report on Thursday, April 3rd. Finally, Seaport Res Ptn upgraded shares of NVIDIA to a "strong sell" rating in a report on Wednesday, April 30th. One equities 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 assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $164.84.

NVIDIA Stock Performance

NVIDIA stock traded up $6.93 during trading hours on Tuesday, hitting $129.93. The company had a trading volume of 327,417,936 shares, compared to its average volume of 296,175,948. The firm has a 50-day moving average of $110.40 and a 200 day moving average of $127.06. 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 firm has a market cap of $3.18 trillion, a PE ratio of 51.13, a PEG ratio of 1.76 and a beta of 2.11. NVIDIA Co. has a one year low of $86.62 and a one year high of $195.95.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, February 26th. The computer hardware maker reported $0.89 EPS for the quarter, beating the consensus estimate of $0.84 by $0.05. The company had revenue of $39.33 billion for the quarter, compared to the consensus estimate of $38.16 billion. NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. On average, sell-side analysts expect that NVIDIA Co. will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The company also recently disclosed 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. This represents a $0.04 annualized dividend and a yield of 0.03%. The ex-dividend date was Wednesday, March 12th. NVIDIA's payout ratio is 1.36%.

Insider Transactions at NVIDIA

In other NVIDIA news, insider Donald F. Robertson, Jr. sold 4,500 shares of the stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $116.80, for a total transaction of $525,600.00. Following the transaction, the insider now owns 479,428 shares in the company, valued at $55,997,190.40. This represents a 0.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Colette Kress sold 66,660 shares of the business's stock in a transaction that occurred 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 sale, the chief financial officer now owns 3,085,765 shares of the company's stock, valued at approximately $360,509,924.95. This trade represents a 2.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 147,147 shares of company stock valued at $17,133,207. 4.23% of the stock is currently owned by corporate 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.