NVIDIA Co. (NASDAQ:NVDA) Stake Raised by Siemens Fonds Invest GmbH

Siemens Fonds Invest GmbH increased its stake in NVIDIA Co. (NASDAQ:NVDA - Free Report) by 1.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 613,028 shares of the computer hardware maker's stock after purchasing an additional 9,913 shares during the quarter. NVIDIA makes up approximately 3.2% of Siemens Fonds Invest GmbH's portfolio, making the stock its 5th biggest holding. Siemens Fonds Invest GmbH's holdings in NVIDIA were worth $84,212,000 at the end of the most recent reporting period.

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

Insider Activity at NVIDIA

In other NVIDIA news, Director John Dabiri sold 2,663 shares of the stock in a transaction 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 completion of the transaction, the director now owns 17,279 shares in the company, valued at approximately $1,900,690. This represents a 13.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Aarti S. Shah sold 20,000 shares of the business's stock in a transaction on Thursday, March 20th. The shares were sold at an average price of $118.42, for a total transaction of $2,368,400.00. Following the sale, the director now owns 53,208 shares in the company, valued at approximately $6,300,891.36. This trade represents a 27.32% 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 over the last 90 days. 4.23% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on NVDA shares. Morgan Stanley reduced their price objective on shares of NVIDIA from $162.00 to $160.00 and set an "overweight" rating for the company in a research note on Friday, April 25th. Truist Financial boosted their price objective on NVIDIA from $204.00 to $205.00 and gave the company a "buy" rating in a research note on Thursday, February 27th. Susquehanna restated a "positive" rating and issued a $180.00 target price on shares of NVIDIA in a research note on Wednesday, March 19th. Summit Insights lowered NVIDIA from a "buy" rating to a "hold" rating in a report on Thursday, February 27th. Finally, Benchmark reissued a "buy" rating and issued a $190.00 price target on shares of NVIDIA in a report on Wednesday, March 19th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, thirty-six have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $164.84.

NVIDIA Trading Down 1.0%

NVDA traded down $1.42 during midday trading on Tuesday, reaching $134.15. 103,151,111 shares of the company's stock traded hands, compared to its average volume of 279,343,281. NVIDIA Co. has a 52 week low of $86.62 and a 52 week high of $153.13. 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 fifty day moving average of $112.73 and a two-hundred day moving average of $126.93. The stock has a market capitalization of $3.28 trillion, a price-to-earnings ratio of 52.81, a P/E/G ratio of 1.76 and a beta of 2.11.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its earnings results 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. The company had revenue of $39.33 billion during 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, equities analysts anticipate that NVIDIA Co. will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th were paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.03%. The ex-dividend date was Wednesday, March 12th. NVIDIA's payout ratio is 1.36%.

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.