Capital Analysts LLC Has $3.03 Million Stake in NVIDIA Co. (NASDAQ:NVDA)

Capital Analysts LLC lifted its holdings in shares of NVIDIA Co. (NASDAQ:NVDA) by 6.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,108 shares of the computer hardware maker’s stock after buying an additional 346 shares during the quarter. Capital Analysts LLC’s holdings in NVIDIA were worth $3,025,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. LFA Lugano Financial Advisors SA acquired a new position in NVIDIA during the fourth quarter valued at approximately $28,000. Peoples Financial Services CORP. acquired a new position in NVIDIA during the third quarter valued at approximately $30,000. Your Advocates Ltd. LLP acquired a new position in NVIDIA during the third quarter valued at approximately $30,000. Trivant Custom Portfolio Group LLC grew its holdings in NVIDIA by 44.1% during the third quarter. Trivant Custom Portfolio Group LLC now owns 98 shares of the computer hardware maker’s stock valued at $43,000 after purchasing an additional 30 shares during the period. Finally, O Brien Wealth Partners LLC grew its holdings in NVIDIA by 139.5% during the fourth quarter. O Brien Wealth Partners LLC now owns 91 shares of the computer hardware maker’s stock valued at $45,000 after purchasing an additional 53 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.

Insider Buying and Selling at NVIDIA

In related news, insider Donald F. Robertson, Jr. sold 450 shares of the company’s stock in a transaction dated Friday, March 22nd. The shares were sold at an average price of $911.62, for a total value of $410,229.00. Following the transaction, the insider now directly owns 49,815 shares in the company, valued at $45,412,350.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, insider Donald F. Robertson, Jr. sold 450 shares of the company’s stock in a transaction dated Friday, March 22nd. The shares were sold at an average price of $911.62, for a total value of $410,229.00. Following the transaction, the insider now directly owns 49,815 shares in the company, valued at $45,412,350.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mark A. Stevens sold 10,000 shares of the company’s stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $797.57, for a total transaction of $7,975,700.00. Following the completion of the transaction, the director now owns 1,124,583 shares in the company, valued at $896,933,663.31. The disclosure for this sale can be found here. Insiders have sold a total of 61,278 shares of company stock worth $52,689,898 over the last ninety days. Insiders own 3.99% of the company’s stock.

NVIDIA Price Performance

NASDAQ:NVDA opened at $824.23 on Wednesday. NVIDIA Co. has a one year low of $262.25 and a one year high of $974.00. The company has a market cap of $2.06 trillion, a P/E ratio of 69.03, a P/E/G ratio of 1.09 and a beta of 1.73. The firm’s fifty day moving average price is $848.22 and its two-hundred day moving average price is $629.87. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.17 and a quick ratio of 3.67.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings data on Wednesday, February 21st. The computer hardware maker reported $5.16 EPS for the quarter, beating the consensus estimate of $4.21 by $0.95. NVIDIA had a net margin of 48.85% and a return on equity of 93.61%. The firm had revenue of $22.10 billion for the quarter, compared to the consensus estimate of $20.40 billion. During the same period in the previous year, the company earned $0.65 earnings per share. The company’s quarterly revenue was up 265.3% on a year-over-year basis. Equities analysts expect that NVIDIA Co. will post 22.55 earnings per share for the current year.

NVIDIA Announces Dividend

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

Analysts Set New Price Targets

A number of research analysts recently issued reports on NVDA shares. Bank of America boosted their price objective on shares of NVIDIA from $925.00 to $1,100.00 and gave the company a “buy” rating in a report on Wednesday, March 13th. Wolfe Research boosted their price objective on shares of NVIDIA from $630.00 to $900.00 and gave the company an “outperform” rating in a report on Thursday, February 22nd. UBS Group lifted their price target on shares of NVIDIA from $800.00 to $1,100.00 and gave the company a “buy” rating in a research note on Friday, March 22nd. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $900.00 price target on shares of NVIDIA in a research note on Monday, March 4th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of NVIDIA from $720.00 to $850.00 and gave the company a “hold” rating in a research note on Wednesday, March 20th. Four research analysts have rated the stock with a hold rating, thirty-eight have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, NVIDIA presently has an average rating of “Moderate Buy” and a consensus target price of $940.30.

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.