Aspiriant LLC Acquires 247 Shares of NVIDIA Co. (NASDAQ:NVDA)

Aspiriant LLC boosted its holdings in shares of NVIDIA Co. (NASDAQ:NVDA) by 12.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 2,267 shares of the computer hardware maker’s stock after purchasing an additional 247 shares during the period. Aspiriant LLC’s holdings in NVIDIA were worth $1,123,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. LFA Lugano Financial Advisors SA bought a new position in shares of NVIDIA in the fourth quarter valued at approximately $28,000. Peoples Financial Services CORP. bought a new position in NVIDIA during the third quarter worth $30,000. Your Advocates Ltd. LLP bought a new position in NVIDIA during the third quarter worth $30,000. Quarry LP bought a new position in NVIDIA during the first quarter worth $34,000. Finally, Compass Wealth Management LLC bought a new position in NVIDIA during the fourth quarter worth $39,000. Institutional investors own 65.27% of the company’s stock.

Insiders Place Their Bets

In other NVIDIA news, Director Mark A. Stevens sold 10,000 shares of the firm’s stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $797.57, for a total transaction of $7,975,700.00. Following the transaction, the director now owns 1,124,583 shares in the company, valued at $896,933,663.31. The sale was disclosed in a document filed with the SEC, which is available through this link. In other NVIDIA news, Director Mark A. Stevens sold 22,700 shares of the firm’s stock in a transaction dated Friday, April 5th. The stock was sold at an average price of $879.97, for a total transaction of $19,975,319.00. Following the transaction, the director now owns 1,052,133 shares in the company, valued at $925,845,476.01. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Mark A. Stevens sold 10,000 shares of the firm’s stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $797.57, for a total value of $7,975,700.00. Following the transaction, the director now owns 1,124,583 shares in the company, valued at approximately $896,933,663.31. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 61,278 shares of company stock worth $52,689,898. Insiders own 3.99% of the company’s stock.

NVIDIA Price Performance

Shares of NVDA stock opened at $846.71 on Friday. The firm’s 50 day moving average price is $843.90 and its two-hundred day moving average price is $620.05. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.67 and a current ratio of 4.17. NVIDIA Co. has a 52-week low of $262.25 and a 52-week high of $974.00. The stock has a market cap of $2.12 trillion, a PE ratio of 70.91, a PEG ratio of 1.26 and a beta of 1.73.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings results on Wednesday, February 21st. The computer hardware maker reported $5.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.21 by $0.95. NVIDIA had a return on equity of 93.61% and a net margin of 48.85%. The business had revenue of $22.10 billion for the quarter, compared to analyst estimates of $20.40 billion. The firm’s revenue was up 265.3% on a year-over-year basis. During the same period last year, the company earned $0.65 EPS. As a group, analysts forecast that NVIDIA Co. will post 22.45 EPS for the current year.

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Wednesday, March 6th were issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.02%. The ex-dividend date of this dividend was Tuesday, March 5th. NVIDIA’s dividend payout ratio (DPR) is currently 1.34%.

Analyst Upgrades and Downgrades

NVDA has been the topic of a number of research reports. Tigress Financial boosted their target price on shares of NVIDIA from $790.00 to $985.00 and gave the stock a “buy” rating in a research report on Thursday, February 29th. Sanford C. Bernstein lifted their price target on shares of NVIDIA from $700.00 to $1,000.00 and gave the stock an “outperform” rating in a research note on Thursday, February 22nd. Needham & Company LLC lifted their price target on shares of NVIDIA from $600.00 to $850.00 and gave the stock a “buy” rating in a research note on Thursday, February 22nd. CICC Research initiated coverage on shares of NVIDIA in a research note on Wednesday, March 6th. They set an “outperform” rating and a $870.00 price target on the stock. Finally, Oppenheimer lifted their price target on shares of NVIDIA from $850.00 to $1,100.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 20th. Four analysts have rated the stock with a hold rating, thirty-eight have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, NVIDIA has a consensus rating of “Moderate Buy” and an average price target of $940.30.

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.