ESG Planning DBA Harper Investing Has $21.59 Million Holdings in NVIDIA Co. (NASDAQ:NVDA)

ESG Planning DBA Harper Investing cut its stake in NVIDIA Co. (NASDAQ:NVDA) by 23.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 160,756 shares of the computer hardware maker’s stock after selling 50,547 shares during the period. NVIDIA accounts for 15.9% of ESG Planning DBA Harper Investing’s investment portfolio, making the stock its largest holding. ESG Planning DBA Harper Investing’s holdings in NVIDIA were worth $21,588,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brown Brothers Harriman & Co. increased its stake in NVIDIA by 26.0% in the fourth quarter. Brown Brothers Harriman & Co. now owns 488,739 shares of the computer hardware maker’s stock valued at $65,633,000 after purchasing an additional 100,875 shares in the last quarter. RiverFront Investment Group LLC grew its position in NVIDIA by 18.4% during the fourth quarter. RiverFront Investment Group LLC now owns 722,616 shares of the computer hardware maker’s stock valued at $97,040,000 after buying an additional 112,221 shares during the period. Level Four Advisory Services LLC raised its holdings in shares of NVIDIA by 0.3% in the 4th quarter. Level Four Advisory Services LLC now owns 270,449 shares of the computer hardware maker’s stock worth $36,319,000 after purchasing an additional 806 shares during the period. NBZ Investment Advisors LLC bought a new position in shares of NVIDIA during the 4th quarter worth $1,729,000. Finally, Vertex Planning Partners LLC raised its position in shares of NVIDIA by 12.4% in the fourth quarter. Vertex Planning Partners LLC now owns 7,732 shares of the computer hardware maker’s stock valued at $1,038,000 after purchasing an additional 851 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on NVDA shares. Rosenblatt Securities decreased their price objective on NVIDIA from $220.00 to $200.00 and set a “buy” rating on the stock in a research note on Wednesday, April 16th. DZ Bank upgraded shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 28th. UBS Group reaffirmed a “buy” rating on shares of NVIDIA in a report on Friday, April 25th. Citigroup restated a “buy” rating on shares of NVIDIA in a research report on Wednesday, April 16th. Finally, DA Davidson decreased their price target on shares of NVIDIA from $125.00 to $120.00 and set a “neutral” rating on the stock in a report on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, thirty-six have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $164.96.

NVIDIA Trading Up 2.5 %

NASDAQ:NVDA opened at $111.61 on Friday. The company has a fifty day moving average of $111.09 and a 200 day moving average of $128.31. NVIDIA Co. has a 52 week low of $83.20 and a 52 week high of $195.95. The firm has a market capitalization of $2.72 trillion, a P/E ratio of 43.92, a P/E/G ratio of 1.76 and a beta of 1.96. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Wednesday, February 26th. The computer hardware maker reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.05. The company had revenue of $39.33 billion during the quarter, compared to analyst estimates of $38.16 billion. NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. On average, research analysts predict that NVIDIA Co. will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th were paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.04%. The ex-dividend date was Wednesday, March 12th. NVIDIA’s payout ratio is 1.36%.

Insiders Place Their Bets

In related news, CFO Colette Kress sold 66,660 shares of the company’s stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $116.83, for a total value of $7,787,887.80. Following the transaction, the chief financial officer now directly owns 3,085,765 shares of the company’s stock, valued at approximately $360,509,924.95. This represents a 2.11 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Aarti S. Shah sold 20,000 shares of the business’s stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $118.42, for a total value of $2,368,400.00. Following the completion of the transaction, the director now directly owns 53,208 shares of the company’s stock, valued at approximately $6,300,891.36. This trade represents a 27.32 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 147,147 shares of company stock worth $17,133,207. Company insiders own 4.23% 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.