Realta Investment Advisors Acquires 1,478 Shares of NVIDIA Co. (NASDAQ:NVDA)

Realta Investment Advisors raised its holdings in NVIDIA Co. (NASDAQ:NVDAFree Report) by 7.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,436 shares of the computer hardware maker’s stock after purchasing an additional 1,478 shares during the period. NVIDIA comprises 2.5% of Realta Investment Advisors’ holdings, making the stock its 4th largest position. Realta Investment Advisors’ holdings in NVIDIA were worth $11,111,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Norges Bank acquired a new stake in shares of NVIDIA in the fourth quarter worth approximately $3,900,874,000. Moneta Group Investment Advisors LLC boosted its stake in shares of NVIDIA by 160,446.3% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 19,586,643 shares of the computer hardware maker’s stock worth $2,862,392,000 after acquiring an additional 19,574,443 shares during the last quarter. Morgan Stanley boosted its stake in shares of NVIDIA by 20.2% in the fourth quarter. Morgan Stanley now owns 27,533,756 shares of the computer hardware maker’s stock worth $4,023,783,000 after acquiring an additional 4,621,002 shares during the last quarter. Barclays PLC boosted its stake in shares of NVIDIA by 55.7% in the second quarter. Barclays PLC now owns 7,661,032 shares of the computer hardware maker’s stock worth $3,240,769,000 after acquiring an additional 2,740,850 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of NVIDIA by 1.1% in the third quarter. Vanguard Group Inc. now owns 203,680,199 shares of the computer hardware maker’s stock worth $88,598,850,000 after acquiring an additional 2,287,471 shares during the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Morgan Stanley lifted their price target on NVIDIA from $750.00 to $795.00 and gave the stock an “overweight” rating in a research note on Thursday, February 22nd. CICC Research assumed coverage on NVIDIA in a research note on Wednesday, March 6th. They issued an “outperform” rating and a $870.00 price target on the stock. Needham & Company LLC lifted their price target on NVIDIA from $600.00 to $850.00 and gave the stock a “buy” rating in a research note on Thursday, February 22nd. Sanford C. Bernstein lifted their price objective on NVIDIA from $700.00 to $1,000.00 and gave the stock an “outperform” rating in a research report on Thursday, February 22nd. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $900.00 price objective on shares of NVIDIA in a research report on Monday, March 4th. Four analysts have rated the stock with a hold rating, thirty-seven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $908.68.

View Our Latest Report on NVDA

Insider Buying and Selling

In related news, Director John Dabiri sold 128 shares of the business’s stock in a transaction on Monday, March 25th. The stock was sold at an average price of $940.00, for a total transaction of $120,320.00. Following the completion of the transaction, the director now directly owns 2,055 shares of the company’s stock, valued at approximately $1,931,700. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director John Dabiri sold 128 shares of the business’s stock in a transaction on Monday, March 25th. The stock was sold at an average price of $940.00, for a total transaction of $120,320.00. Following the completion of the transaction, the director now directly owns 2,055 shares of the company’s stock, valued at approximately $1,931,700. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Donald F. Robertson, Jr. sold 450 shares of the business’s stock in a transaction on Friday, January 5th. The stock was sold at an average price of $484.62, for a total value of $218,079.00. Following the transaction, the insider now directly owns 50,961 shares of the company’s stock, valued at $24,696,719.82. The disclosure for this sale can be found here. Insiders sold 116,352 shares of company stock valued at $74,815,227 in the last three months. 3.99% of the stock is owned by corporate insiders.

NVIDIA Price Performance

NVDA stock opened at $889.64 on Thursday. The company has a current ratio of 4.17, a quick ratio of 3.67 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $2.22 trillion, a PE ratio of 74.51, a P/E/G ratio of 1.30 and a beta of 1.73. NVIDIA Co. has a 12-month low of $262.20 and a 12-month high of $974.00. The business’s fifty day moving average price is $790.68 and its 200 day moving average price is $585.28.

NVIDIA (NASDAQ:NVDAGet Free Report) last posted its quarterly earnings data on Wednesday, February 21st. The computer hardware maker reported $5.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.21 by $0.95. The firm had revenue of $22.10 billion for the quarter, compared to the consensus estimate of $20.40 billion. NVIDIA had a return on equity of 93.61% and a net margin of 48.85%. The company’s quarterly revenue was up 265.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.65 EPS. On average, sell-side analysts anticipate that NVIDIA Co. will post 22.45 EPS for the current year.

NVIDIA Announces Dividend

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

NVIDIA Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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