NVIDIA Co. (NASDAQ:NVDA) Shares Purchased by Guerra Pan Advisors LLC

Guerra Pan Advisors LLC grew its holdings in shares of NVIDIA Co. (NASDAQ:NVDA) by 2.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,931 shares of the computer hardware maker’s stock after acquiring an additional 147 shares during the period. NVIDIA accounts for approximately 3.3% of Guerra Pan Advisors LLC’s investment portfolio, making the stock its 5th biggest holding. Guerra Pan Advisors LLC’s holdings in NVIDIA were worth $3,432,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of NVDA. International Assets Investment Management LLC boosted its stake in NVIDIA by 54,019.5% during the 4th quarter. International Assets Investment Management LLC now owns 16,866,869 shares of the computer hardware maker’s stock valued at $8,352,811,000 after purchasing an additional 16,835,703 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of NVIDIA by 1.1% during the 3rd quarter. Vanguard Group Inc. now owns 203,680,199 shares of the computer hardware maker’s stock worth $88,598,850,000 after buying an additional 2,287,471 shares in the last quarter. J.P. Morgan Private Wealth Advisors LLC bought a new position in shares of NVIDIA during the 3rd quarter worth approximately $728,543,000. California Public Employees Retirement System lifted its position in shares of NVIDIA by 31.0% during the 3rd quarter. California Public Employees Retirement System now owns 5,671,622 shares of the computer hardware maker’s stock worth $2,467,099,000 after buying an additional 1,342,875 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its holdings in shares of NVIDIA by 99.5% in the 3rd quarter. Assenagon Asset Management S.A. now owns 2,384,968 shares of the computer hardware maker’s stock worth $1,037,437,000 after purchasing an additional 1,189,495 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

NVDA has been the topic of several research analyst reports. Needham & Company LLC upped their price objective on NVIDIA from $600.00 to $850.00 and gave the company a “buy” rating in a research note on Thursday, February 22nd. Piper Sandler upped their price objective on NVIDIA from $850.00 to $1,050.00 and gave the company an “overweight” rating in a research note on Wednesday, March 20th. Oppenheimer increased their target price on NVIDIA from $850.00 to $1,100.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 20th. Jefferies Financial Group increased their target price on NVIDIA from $610.00 to $780.00 and gave the stock a “buy” rating in a research report on Thursday, February 22nd. Finally, CICC Research started coverage on NVIDIA in a research report on Wednesday, March 6th. They set an “outperform” rating and a $870.00 target price on the stock. Four investment analysts have rated the stock with a hold rating, thirty-eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $940.30.

NVIDIA Stock Performance

Shares of NVDA opened at $796.77 on Thursday. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.17 and a quick ratio of 3.67. NVIDIA Co. has a one year low of $262.25 and a one year high of $974.00. The company has a 50-day simple moving average of $849.38 and a two-hundred day simple moving average of $631.03. The firm has a market capitalization of $1.99 trillion, a PE ratio of 66.73, a price-to-earnings-growth ratio of 1.14 and a beta of 1.73.

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

NVIDIA Announces Dividend

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

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $797.57, for a total transaction of $7,975,700.00. Following the completion of the transaction, the director now owns 1,124,583 shares of the company’s stock, valued at $896,933,663.31. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director Mark A. Stevens sold 22,700 shares of the firm’s stock in a transaction that occurred on Friday, April 5th. The shares were sold at an average price of $879.97, for a total transaction of $19,975,319.00. Following the completion of the sale, the director now owns 1,052,133 shares of the company’s stock, valued at $925,845,476.01. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mark A. Stevens sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $797.57, for a total transaction of $7,975,700.00. Following the sale, the director now directly owns 1,124,583 shares of the company’s stock, valued at approximately $896,933,663.31. The disclosure for this sale can be found here. Over the last quarter, insiders sold 61,278 shares of company stock valued at $52,689,898. Corporate insiders own 3.99% of the company’s stock.

NVIDIA Company 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.