4,080 Shares in NVIDIA Co. (NASDAQ:NVDA) Acquired by Trajan Wealth LLC

Trajan Wealth LLC acquired a new stake in NVIDIA Co. (NASDAQ:NVDA - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,080 shares of the computer hardware maker's stock, valued at approximately $548,000.

Several other hedge funds and other institutional investors have also made changes to their positions in NVDA. SOA Wealth Advisors LLC. lifted its stake in NVIDIA by 0.3% in the third quarter. SOA Wealth Advisors LLC. now owns 120,634 shares of the computer hardware maker's stock worth $14,650,000 after acquiring an additional 350 shares during the last quarter. Principal Financial Group Inc. lifted its stake in NVIDIA by 3.7% in the third quarter. Principal Financial Group Inc. now owns 35,627,274 shares of the computer hardware maker's stock worth $4,326,576,000 after acquiring an additional 1,285,897 shares during the last quarter. Cheviot Value Management LLC lifted its stake in NVIDIA by 10.5% in the third quarter. Cheviot Value Management LLC now owns 12,640 shares of the computer hardware maker's stock worth $1,535,000 after acquiring an additional 1,200 shares during the last quarter. Holocene Advisors LP lifted its stake in NVIDIA by 198.0% in the third quarter. Holocene Advisors LP now owns 769,335 shares of the computer hardware maker's stock worth $93,428,000 after acquiring an additional 511,162 shares during the last quarter. Finally, Hollow Brook Wealth Management LLC purchased a new position in NVIDIA in the third quarter worth approximately $293,000. Hedge funds and other institutional investors own 65.27% of the company's stock.

NVIDIA Price Performance

Shares of NASDAQ NVDA traded up $0.57 on Friday, hitting $135.40. The company's stock had a trading volume of 221,859,039 shares, compared to its average volume of 294,737,502. NVIDIA Co. has a 12-month low of $86.62 and a 12-month high of $195.95. The company has a market capitalization of $3.31 trillion, a price-to-earnings ratio of 53.29, a price-to-earnings-growth ratio of 1.76 and a beta of 2.11. 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 stock has a 50 day moving average of $112.33 and a 200-day moving average of $126.97.

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

NVIDIA Announces Dividend

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.03%. The ex-dividend date of this dividend was Wednesday, March 12th. NVIDIA's dividend payout ratio is presently 1.36%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on NVDA. Seaport Res Ptn upgraded shares of NVIDIA to a "strong sell" rating in a research note on Wednesday, April 30th. Truist Financial boosted their price objective on shares of NVIDIA from $204.00 to $205.00 and gave the stock a "buy" rating in a research report on Thursday, February 27th. 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 report on Friday, April 25th. Susquehanna restated a "positive" rating and set a $180.00 price objective on shares of NVIDIA in a research report on Wednesday, March 19th. Finally, Raymond James restated a "strong-buy" rating on shares of NVIDIA in a research report on Wednesday, April 16th. One 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's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $164.84.

Insider Activity

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

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.