D L Carlson Investment Group Inc. Grows Stock Holdings in NVIDIA Co. (NASDAQ:NVDA)

D L Carlson Investment Group Inc. increased its holdings in NVIDIA Co. (NASDAQ:NVDA) by 10.6% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 130,451 shares of the computer hardware maker’s stock after buying an additional 12,524 shares during the period. NVIDIA accounts for approximately 3.1% of D L Carlson Investment Group Inc.’s portfolio, making the stock its 6th largest holding. D L Carlson Investment Group Inc.’s holdings in NVIDIA were worth $17,518,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Axiom Investors LLC DE boosted its position in shares of NVIDIA by 0.3% during the 4th quarter. Axiom Investors LLC DE now owns 10,672,077 shares of the computer hardware maker’s stock valued at $1,433,153,000 after acquiring an additional 30,564 shares during the last quarter. Boxwood Ventures Inc. raised its stake in NVIDIA by 264.1% in the fourth quarter. Boxwood Ventures Inc. now owns 43,888 shares of the computer hardware maker’s stock valued at $5,894,000 after purchasing an additional 31,834 shares in the last quarter. AIA Group Ltd lifted its position in NVIDIA by 12.5% during the fourth quarter. AIA Group Ltd now owns 439,496 shares of the computer hardware maker’s stock valued at $59,020,000 after purchasing an additional 48,681 shares during the last quarter. Everstar Asset Management LLC grew its stake in NVIDIA by 12.6% in the 4th quarter. Everstar Asset Management LLC now owns 7,303 shares of the computer hardware maker’s stock worth $981,000 after buying an additional 815 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC increased its holdings in shares of NVIDIA by 9.1% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 2,395,889 shares of the computer hardware maker’s stock worth $321,744,000 after buying an additional 199,251 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Performance

Shares of NVIDIA stock opened at $114.50 on Friday. The business has a fifty day simple moving average of $110.85 and a two-hundred day simple moving average of $128.19. The firm has a market capitalization of $2.79 trillion, a P/E ratio of 45.06, a P/E/G ratio of 1.76 and a beta of 1.96. The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13. NVIDIA Co. has a 12 month low of $86.62 and a 12 month high of $195.95.

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

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders 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 yield of 0.03%. The ex-dividend date was Wednesday, March 12th. NVIDIA’s payout ratio is 1.36%.

Insiders Place Their Bets

In other NVIDIA news, Director John Dabiri sold 2,663 shares of NVIDIA stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $110.00, for a total value of $292,930.00. Following the completion of the transaction, the director now directly owns 17,279 shares of the company’s stock, valued at approximately $1,900,690. The trade was a 13.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Donald F. Robertson, Jr. sold 4,500 shares of the stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $116.80, for a total transaction of $525,600.00. Following the sale, the insider now owns 479,428 shares in the company, valued at approximately $55,997,190.40. The trade was a 0.93 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 147,147 shares of company stock valued at $17,133,207. 4.23% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts recently issued reports on NVDA shares. DA Davidson cut their target price on shares of NVIDIA from $125.00 to $120.00 and set a “neutral” rating for the company in a research report on Monday, April 14th. Piper Sandler reiterated an “overweight” rating on shares of NVIDIA in a report on Friday, April 25th. Tigress Financial reissued a “buy” rating on shares of NVIDIA in a report on Wednesday, February 26th. Rosenblatt Securities cut their target price on NVIDIA from $220.00 to $200.00 and set a “buy” rating for the company in a research note on Wednesday, April 16th. Finally, Seaport Res Ptn raised shares of NVIDIA to a “strong sell” rating in a research note on Wednesday. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, thirty-six have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $164.96.

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.