Roundview Capital LLC boosted its holdings in shares of NVIDIA Co. (NASDAQ:NVDA - Free Report) by 1.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 163,106 shares of the computer hardware maker's stock after acquiring an additional 2,612 shares during the quarter. NVIDIA comprises 1.5% of Roundview Capital LLC's holdings, making the stock its 12th largest holding. Roundview Capital LLC's holdings in NVIDIA were worth $21,904,000 as of its most recent SEC filing.
Several other large investors have also recently made changes to their positions in NVDA. Norges Bank purchased a new position in NVIDIA during the 4th quarter worth $43,515,504,000. Clear Street Derivatives LLC acquired a new stake in shares of NVIDIA during the 3rd quarter worth $4,589,905,000. Proficio Capital Partners LLC boosted its position in shares of NVIDIA by 14,641.2% in the fourth quarter. Proficio Capital Partners LLC now owns 34,676,316 shares of the computer hardware maker's stock worth $4,656,682,000 after buying an additional 34,441,082 shares during the period. GQG Partners LLC raised its position in shares of NVIDIA by 132.3% in the 4th quarter. GQG Partners LLC now owns 25,697,930 shares of the computer hardware maker's stock valued at $3,450,975,000 after purchasing an additional 14,636,057 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of NVIDIA by 26.0% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 65,827,070 shares of the computer hardware maker's stock worth $8,840,117,000 after acquiring an additional 13,571,425 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other NVIDIA 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 approximately $55,997,190.40. This trade represents a 0.93 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director John Dabiri sold 2,663 shares of the stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $110.00, for a total transaction of $292,930.00. Following the completion of the transaction, the director now owns 17,279 shares in the company, valued at $1,900,690. This trade represents a 13.35 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 147,147 shares of company stock worth $17,133,207 in the last three months. 4.23% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
Several equities research analysts have commented on the stock. TD Cowen dropped their price target on shares of NVIDIA from $175.00 to $140.00 and set a "buy" rating on the stock in a research report on Wednesday, April 9th. KeyCorp set a $190.00 price target on shares of NVIDIA in a research note on Wednesday, March 19th. Piper Sandler restated an "overweight" rating on shares of NVIDIA in a research note on Friday, April 25th. Mizuho reduced their target price on NVIDIA from $175.00 to $168.00 and set an "outperform" rating on the stock in a report on Friday, March 14th. Finally, Summit Insights downgraded shares of NVIDIA from a "buy" rating to a "hold" rating in a report on Thursday, February 27th. 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's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $164.96.
Check Out Our Latest Stock Analysis on NVIDIA
NVIDIA Stock Performance
NASDAQ:NVDA traded down $0.68 during mid-day trading on Monday, reaching $113.82. 132,728,916 shares of the company's stock were exchanged, compared to its average volume of 299,759,505. The firm has a market capitalization of $2.78 trillion, a PE ratio of 44.79, a price-to-earnings-growth ratio of 1.76 and a beta of 2.11. The business's fifty day simple moving average is $110.85 and its two-hundred day simple moving average is $128.08. NVIDIA Co. has a one year low of $86.62 and a one year high of $195.95. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.64 and a current ratio of 4.10.
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 for the quarter, beating 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 analysts' expectations of $38.16 billion. Analysts anticipate that NVIDIA Co. will post 2.77 earnings per share for the current fiscal year.
NVIDIA Announces Dividend
The business 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 0.04%. The ex-dividend date was Wednesday, March 12th. NVIDIA's dividend payout ratio (DPR) is presently 1.36%.
About NVIDIA
(
Free Report)
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.
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