Twin Focus Capital Partners LLC Has $5.96 Million Position in NVIDIA Co. (NASDAQ:NVDA)

Twin Focus Capital Partners LLC raised its stake in NVIDIA Co. (NASDAQ:NVDA - Free Report) by 701.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 44,410 shares of the computer hardware maker's stock after buying an additional 38,870 shares during the quarter. NVIDIA comprises approximately 0.9% of Twin Focus Capital Partners LLC's investment portfolio, making the stock its 29th biggest holding. Twin Focus Capital Partners LLC's holdings in NVIDIA were worth $5,964,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Tacita Capital Inc acquired a new position in shares of NVIDIA in the fourth quarter valued at $28,000. Legend Financial Advisors Inc. acquired a new position in shares of NVIDIA in the fourth quarter valued at $34,000. Vision Financial Markets LLC acquired a new position in shares of NVIDIA in the fourth quarter valued at $38,000. Luken Investment Analytics LLC acquired a new position in shares of NVIDIA in the fourth quarter valued at $40,000. Finally, Lowe Wealth Advisors LLC acquired a new position in shares of NVIDIA in the fourth quarter valued at $46,000. Institutional investors own 65.27% of the company's stock.

Analyst Upgrades and Downgrades

NVDA has been the topic of several research reports. William Blair reiterated an "outperform" rating on shares of NVIDIA in a report on Thursday, March 20th. Needham & Company LLC restated a "buy" rating and issued a $160.00 price target on shares of NVIDIA in a research note on Wednesday, March 19th. Cantor Fitzgerald restated an "overweight" rating and issued a $200.00 price target on shares of NVIDIA in a research note on Wednesday, April 16th. Piper Sandler restated an "overweight" rating on shares of NVIDIA in a research note on Friday, April 25th. Finally, Tigress Financial restated a "buy" rating on shares of NVIDIA in a research note on Wednesday, February 26th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, thirty-six have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $164.84.

Insiders Place Their Bets

In other NVIDIA news, CFO Colette Kress sold 66,660 shares of the firm'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 transaction of $7,787,887.80. Following the completion of the transaction, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John Dabiri sold 2,663 shares of the firm's 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 transaction, the director now owns 17,279 shares of the company's stock, valued at approximately $1,900,690. The trade was a 13.35% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 147,147 shares of company stock worth $17,133,207. 4.23% of the stock is currently owned by insiders.

NVIDIA Trading Up 0.4%

NASDAQ NVDA traded up $0.57 during trading hours on Friday, reaching $135.40. The company's stock had a trading volume of 221,859,039 shares, compared to its average volume of 294,737,502. The firm has a fifty day simple moving average of $112.33 and a 200-day simple moving average of $126.93. The stock has a market cap of $3.31 trillion, a P/E ratio of 53.29, a P/E/G ratio of 1.76 and a beta of 2.11. NVIDIA Co. has a 52 week low of $86.62 and a 52 week high of $195.95. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.64.

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

NVIDIA Announces Dividend

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

NVIDIA 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.