NVIDIA Co. (NASDAQ:NVDA) Shares Sold by LWM Advisory Services LLC

LWM Advisory Services LLC decreased its stake in NVIDIA Co. (NASDAQ:NVDAFree Report) by 1.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,995 shares of the computer hardware maker’s stock after selling 23 shares during the period. NVIDIA makes up 0.9% of LWM Advisory Services LLC’s investment portfolio, making the stock its 23rd largest holding. LWM Advisory Services LLC’s holdings in NVIDIA were worth $875,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Lineweaver Wealth Advisors LLC lifted its position in NVIDIA by 0.9% during the second quarter. Lineweaver Wealth Advisors LLC now owns 2,432 shares of the computer hardware maker’s stock valued at $1,029,000 after buying an additional 22 shares in the last quarter. Family Legacy Inc. lifted its position in NVIDIA by 4.1% during the third quarter. Family Legacy Inc. now owns 554 shares of the computer hardware maker’s stock valued at $241,000 after buying an additional 22 shares in the last quarter. Cassia Capital Partners LLC lifted its position in NVIDIA by 2.0% during the third quarter. Cassia Capital Partners LLC now owns 1,193 shares of the computer hardware maker’s stock valued at $519,000 after buying an additional 23 shares in the last quarter. Yarger Wealth Strategies LLC lifted its position in NVIDIA by 1.9% during the third quarter. Yarger Wealth Strategies LLC now owns 1,210 shares of the computer hardware maker’s stock valued at $526,000 after buying an additional 23 shares in the last quarter. Finally, Von Berge Wealth Management Group LLC lifted its position in NVIDIA by 2.6% during the second quarter. Von Berge Wealth Management Group LLC now owns 930 shares of the computer hardware maker’s stock valued at $393,000 after buying an additional 24 shares in the last quarter. Institutional investors and hedge funds own 64.79% of the company’s stock.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 36,000 shares of the firm’s stock in a transaction dated Friday, January 12th. The shares were sold at an average price of $546.95, for a total transaction of $19,690,200.00. Following the transaction, the director now owns 1,134,583 shares of the company’s stock, valued at approximately $620,560,171.85. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other NVIDIA news, Director Mark A. Stevens sold 36,000 shares of the firm’s stock in a transaction dated Friday, January 12th. The shares were sold at an average price of $546.95, for a total transaction of $19,690,200.00. Following the transaction, the director now owns 1,134,583 shares of the company’s stock, valued at approximately $620,560,171.85. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Mark A. Stevens sold 10,400 shares of the firm’s stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $481.60, for a total transaction of $5,008,640.00. Following the transaction, the director now directly owns 979,431 shares in the company, valued at approximately $471,693,969.60. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 155,216 shares of company stock valued at $79,810,950. Company insiders own 3.99% of the company’s stock.

NVIDIA Stock Up 0.5 %

NVDA stock opened at $627.74 on Wednesday. The company has a quick ratio of 3.06, a current ratio of 3.59 and a debt-to-equity ratio of 0.25. NVIDIA Co. has a fifty-two week low of $189.50 and a fifty-two week high of $634.93. The firm’s 50-day simple moving average is $514.11 and its 200 day simple moving average is $473.45. The stock has a market cap of $1.55 trillion, a PE ratio of 82.82, a price-to-earnings-growth ratio of 4.08 and a beta of 1.64.

NVIDIA (NASDAQ:NVDAGet Free Report) last released its earnings results on Tuesday, November 21st. The computer hardware maker reported $4.02 EPS for the quarter, beating the consensus estimate of $3.03 by $0.99. The firm had revenue of $18.12 billion for the quarter, compared to analysts’ expectations of $16.19 billion. NVIDIA had a net margin of 42.10% and a return on equity of 72.28%. NVIDIA’s quarterly revenue was up 205.5% on a year-over-year basis. During the same quarter last year, the company earned $0.34 EPS. As a group, sell-side analysts predict that NVIDIA Co. will post 11.08 EPS for the current year.

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, December 28th. Shareholders of record on Wednesday, December 6th were paid a dividend of $0.04 per share. The ex-dividend date was Tuesday, December 5th. This represents a $0.16 annualized dividend and a yield of 0.03%. NVIDIA’s payout ratio is 2.11%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. JPMorgan Chase & Co. boosted their target price on shares of NVIDIA from $600.00 to $650.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 22nd. Rosenblatt Securities restated a “buy” rating on shares of NVIDIA in a research note on Wednesday, November 22nd. DA Davidson initiated coverage on shares of NVIDIA in a research note on Wednesday, January 3rd. They issued a “neutral” rating and a $410.00 target price for the company. The Goldman Sachs Group upped their target price on shares of NVIDIA from $605.00 to $625.00 and gave the company a “buy” rating in a research note on Wednesday, November 22nd. Finally, Morgan Stanley upped their target price on shares of NVIDIA from $600.00 to $603.00 and gave the company an “overweight” rating in a research note on Wednesday, November 22nd. One analyst has rated the stock with a sell rating, four have assigned a hold rating, thirty-four have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $608.30.

Read Our Latest Analysis on NVDA

NVIDIA Profile

(Free Report)

NVIDIA Corporation provides graphics, and compute and networking solutions in the United States, Taiwan, China, and internationally. The company's 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; vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building 3D designs and virtual worlds.

Featured Articles

Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Co. (NASDAQ:NVDAFree Report).

Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.com's FREE daily email newsletter.