Raab & Moskowitz Asset Management LLC Buys 92 Shares of NVIDIA Co. (NASDAQ:NVDA)

Raab & Moskowitz Asset Management LLC grew its stake in shares of NVIDIA Co. (NASDAQ:NVDA) by 14.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 751 shares of the computer hardware maker’s stock after buying an additional 92 shares during the quarter. Raab & Moskowitz Asset Management LLC’s holdings in NVIDIA were worth $372,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. LFA Lugano Financial Advisors SA bought a new stake in NVIDIA during the 4th quarter worth approximately $28,000. Criterion Capital Advisors LLC acquired a new position in shares of NVIDIA during the fourth quarter worth $28,000. Your Advocates Ltd. LLP bought a new stake in shares of NVIDIA in the third quarter worth $30,000. Trivant Custom Portfolio Group LLC increased its holdings in NVIDIA by 44.1% in 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 raised its position in NVIDIA by 139.5% during the 4th quarter. O Brien Wealth Partners LLC now owns 91 shares of the computer hardware maker’s stock worth $45,000 after purchasing an additional 53 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently weighed in on NVDA. Benchmark reissued a “buy” rating and issued a $1,000.00 price target on shares of NVIDIA in a research note on Wednesday, March 20th. Deutsche Bank Aktiengesellschaft increased their target price on shares of NVIDIA from $720.00 to $850.00 and gave the company a “hold” rating in a research report on Wednesday, March 20th. Stifel Nicolaus restated a “buy” rating and issued a $910.00 price target on shares of NVIDIA in a research report on Wednesday, March 20th. Raymond James increased their price objective on shares of NVIDIA from $850.00 to $1,100.00 and gave the stock a “strong-buy” rating in a research report on Thursday, April 11th. Finally, Wells Fargo & Company upped their price target on shares of NVIDIA from $840.00 to $970.00 and gave the company an “overweight” rating in a research report on Tuesday, March 19th. Four equities research 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 company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $941.55.

Insider Buying and Selling

In other NVIDIA news, Director Mark A. Stevens sold 22,700 shares of the business’s stock in a transaction dated Friday, April 5th. The shares were sold at an average price of $879.97, for a total value of $19,975,319.00. Following the transaction, the director now directly owns 1,052,133 shares in the company, valued at $925,845,476.01. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other NVIDIA news, Director Mark A. Stevens sold 11,000 shares of the business’s stock in a transaction on Thursday, March 28th. The stock was sold at an average price of $905.65, for a total value of $9,962,150.00. Following the sale, the director now directly owns 1,074,833 shares in the company, valued at $973,422,506.45. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Mark A. Stevens sold 22,700 shares of the company’s stock in a transaction on Friday, April 5th. The shares were sold at an average price of $879.97, for a total value of $19,975,319.00. Following the transaction, the director now directly owns 1,052,133 shares in the company, valued at approximately $925,845,476.01. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 61,278 shares of company stock worth $52,689,898. Insiders own 3.99% of the company’s stock.

NVIDIA Trading Up 3.5 %

NASDAQ:NVDA opened at $887.89 on Friday. NVIDIA Co. has a 52 week low of $272.40 and a 52 week high of $974.00. The firm has a 50-day moving average price of $867.38 and a two-hundred day moving average price of $649.27. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.67 and a current ratio of 4.17. The firm has a market cap of $2.22 trillion, a price-to-earnings ratio of 74.36, a price-to-earnings-growth ratio of 1.27 and a beta of 1.75.

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

NVIDIA Dividend Announcement

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

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.