Tradewinds Capital Management LLC Buys 199 Shares of NVIDIA Co. (NASDAQ:NVDA)

Tradewinds Capital Management LLC boosted its position in NVIDIA Co. (NASDAQ:NVDA) by 42.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 669 shares of the computer hardware maker’s stock after buying an additional 199 shares during the period. Tradewinds Capital Management LLC’s holdings in NVIDIA were worth $331,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Farmers & Merchants Trust Co of Chambersburg PA lifted its stake in shares of NVIDIA by 1.0% in the third quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 9,270 shares of the computer hardware maker’s stock valued at $4,032,000 after buying an additional 93 shares in the last quarter. Fortune 45 LLC raised its holdings in shares of NVIDIA by 3.6% in the 3rd quarter. Fortune 45 LLC now owns 1,975 shares of the computer hardware maker’s stock worth $859,000 after acquiring an additional 69 shares during the last quarter. Kiley Juergens Wealth Management LLC lifted its position in NVIDIA by 0.7% in the 3rd quarter. Kiley Juergens Wealth Management LLC now owns 16,260 shares of the computer hardware maker’s stock valued at $7,073,000 after acquiring an additional 118 shares in the last quarter. Howland Capital Management LLC boosted its stake in NVIDIA by 1.9% during the 3rd quarter. Howland Capital Management LLC now owns 4,679 shares of the computer hardware maker’s stock valued at $2,035,000 after purchasing an additional 88 shares during the last quarter. Finally, Schwartz Investment Counsel Inc. increased its holdings in NVIDIA by 0.8% during the 3rd quarter. Schwartz Investment Counsel Inc. now owns 80,622 shares of the computer hardware maker’s stock worth $35,070,000 after purchasing an additional 622 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Stock Up 0.0 %

Shares of NASDAQ:NVDA opened at $877.57 on Tuesday. The company has a market cap of $2.19 trillion, a price-to-earnings ratio of 73.50, a PEG ratio of 1.26 and a beta of 1.73. 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 Co. has a one year low of $272.40 and a one year high of $974.00. The firm has a fifty day moving average price of $857.43 and a two-hundred day moving average price of $640.64.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, February 21st. The computer hardware maker reported $5.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.21 by $0.95. The firm had revenue of $22.10 billion during the quarter, compared to analysts’ expectations of $20.40 billion. NVIDIA had a return on equity of 93.61% and a net margin of 48.85%. The company’s revenue for the quarter was up 265.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.65 EPS. Analysts anticipate that NVIDIA Co. will post 22.55 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.02%. NVIDIA’s payout ratio is 1.34%.

Analyst Ratings Changes

Several research analysts recently issued reports on NVDA shares. The Goldman Sachs Group lifted their target price on NVIDIA from $875.00 to $1,000.00 and gave the company a “buy” rating in a research report on Wednesday, March 20th. Truist Financial lifted their price objective on shares of NVIDIA from $911.00 to $1,177.00 and gave the stock a “buy” rating in a report on Monday, March 18th. UBS Group raised their price target on shares of NVIDIA from $800.00 to $1,100.00 and gave the company a “buy” rating in a research report on Friday, March 22nd. Wolfe Research upped their price objective on shares of NVIDIA from $630.00 to $900.00 and gave the stock an “outperform” rating in a research report on Thursday, February 22nd. Finally, Rosenblatt Securities reissued a “buy” rating and set a $1,100.00 target price on shares of NVIDIA in a research report on Tuesday, February 20th. Four analysts have rated the stock with a hold rating, thirty-eight have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $940.30.

Insider Activity at NVIDIA

In other NVIDIA news, Director John Dabiri sold 128 shares of the business’s stock in a transaction on Monday, March 25th. The shares were sold at an average price of $940.00, for a total value of $120,320.00. Following the completion of the sale, the director now directly owns 2,055 shares of the company’s stock, valued at $1,931,700. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other NVIDIA news, Director John Dabiri sold 128 shares of NVIDIA stock in a transaction that occurred on Monday, March 25th. The stock was sold at an average price of $940.00, for a total value of $120,320.00. Following the transaction, the director now directly owns 2,055 shares of the company’s stock, valued at approximately $1,931,700. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mark A. Stevens sold 10,000 shares of the firm’s stock in a transaction that occurred on 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 completion of 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. In the last 90 days, insiders have sold 61,278 shares of company stock valued at $52,689,898. Insiders own 3.99% 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.