NVIDIA Co. (NASDAQ:NVDA) Position Increased by Stonebridge Financial Planning Group LLC

Stonebridge Financial Planning Group LLC boosted its holdings in shares of NVIDIA Co. (NASDAQ:NVDAFree Report) by 10.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 979 shares of the computer hardware maker’s stock after buying an additional 96 shares during the period. Stonebridge Financial Planning Group LLC’s holdings in NVIDIA were worth $426,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of NVDA. Peoples Financial Services CORP. acquired a new stake in NVIDIA during the third quarter worth $30,000. Your Advocates Ltd. LLP acquired a new stake in shares of NVIDIA in the 3rd quarter valued at $30,000. Marquette Asset Management LLC acquired a new stake in shares of NVIDIA in the 2nd quarter valued at $34,000. Quarry LP acquired a new stake in shares of NVIDIA in the 1st quarter valued at $34,000. Finally, Compass Wealth Management LLC acquired a new stake in shares of NVIDIA in the 4th quarter valued at $39,000. Institutional investors and hedge funds own 64.79% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on NVDA shares. UBS Group boosted their target price on shares of NVIDIA from $560.00 to $580.00 and gave the company a “buy” rating in a research note on Wednesday, November 22nd. Benchmark restated a “buy” rating and issued a $625.00 target price on shares of NVIDIA in a research note on Wednesday, November 22nd. Wells Fargo & Company boosted their target price on shares of NVIDIA from $600.00 to $675.00 and gave the company an “overweight” rating in a research note on Wednesday, November 22nd. KeyCorp boosted their target price on shares of NVIDIA from $650.00 to $740.00 and gave the company an “overweight” rating in a research note on Tuesday, January 16th. Finally, JPMorgan Chase & Co. lifted their price target on NVIDIA from $600.00 to $650.00 and gave the company an “overweight” rating in a report on Wednesday, November 22nd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, thirty-four have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, NVIDIA currently has an average rating of “Moderate Buy” and an average price target of $616.35.

Check Out Our Latest Report on NVDA

Insider Activity at NVIDIA

In related news, Director Mark A. Stevens sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, November 27th. The stock was sold at an average price of $483.18, for a total value of $4,831,800.00. Following the completion of the transaction, the director now directly owns 989,831 shares in the company, valued at approximately $478,266,542.58. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Mark A. Stevens sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $483.18, for a total transaction of $4,831,800.00. Following the completion of the transaction, the director now directly owns 989,831 shares of the company’s stock, valued at approximately $478,266,542.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Dawn E. Hudson sold 1,000 shares of NVIDIA stock in a transaction on Friday, December 15th. The shares were sold at an average price of $492.52, for a total transaction of $492,520.00. Following the completion of the sale, the director now owns 70,500 shares in the company, valued at $34,722,660. The disclosure for this sale can be found here. In the last three months, insiders sold 155,216 shares of company stock worth $79,810,950. 3.99% of the stock is owned by company insiders.

NVIDIA Price Performance

Shares of NVDA opened at $721.33 on Monday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.06 and a current ratio of 3.59. The stock has a 50 day simple moving average of $545.55 and a 200 day simple moving average of $485.68. NVIDIA Co. has a 52-week low of $204.21 and a 52-week high of $721.85. The firm has a market capitalization of $1.78 trillion, a PE ratio of 95.16, a P/E/G ratio of 2.89 and a beta of 1.69.

NVIDIA (NASDAQ:NVDAGet Free Report) last issued its quarterly earnings data on Tuesday, November 21st. The computer hardware maker reported $4.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.03 by $0.99. NVIDIA had a return on equity of 72.28% and a net margin of 42.10%. The business had revenue of $18.12 billion during the quarter, compared to analyst estimates of $16.19 billion. During the same period in the previous year, the firm earned $0.34 EPS. NVIDIA’s quarterly revenue was up 205.5% compared to the same quarter last year. Sell-side analysts predict that NVIDIA Co. will post 11.09 EPS for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 28th. Investors of record on Wednesday, December 6th were given a $0.04 dividend. The ex-dividend date of this dividend was Tuesday, December 5th. This represents a $0.16 annualized dividend and a dividend yield of 0.02%. NVIDIA’s dividend payout ratio is presently 2.11%.

NVIDIA Profile

(Free Report)

NVIDIA Corporation provides graphics, and compute and networking solutions in the United States, Taiwan, China, and internationally. The company's 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; vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building 3D designs and virtual worlds.

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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