Mosaic Advisors LLC Invests $257,000 in NVIDIA Co. (NASDAQ:NVDA)

Mosaic Advisors LLC acquired a new position in NVIDIA Co. (NASDAQ:NVDA) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 520 shares of the computer hardware maker’s stock, valued at approximately $257,000. NVIDIA makes up 0.2% of Mosaic Advisors LLC’s portfolio, making the stock its 16th largest holding.

Several other large investors also recently made changes to their positions in NVDA. LFA Lugano Financial Advisors SA acquired a new stake in shares of NVIDIA in the fourth quarter worth $28,000. Criterion Capital Advisors LLC acquired a new stake in NVIDIA during the 4th quarter valued at $28,000. Your Advocates Ltd. LLP acquired a new stake in NVIDIA during the 3rd quarter valued at $30,000. Trivant Custom Portfolio Group LLC grew its holdings in NVIDIA by 44.1% during the 3rd quarter. Trivant Custom Portfolio Group LLC now owns 98 shares of the computer hardware maker’s stock valued at $43,000 after purchasing an additional 30 shares in the last quarter. Finally, O Brien Wealth Partners LLC grew its holdings in NVIDIA by 139.5% during the 4th quarter. O Brien Wealth Partners LLC now owns 91 shares of the computer hardware maker’s stock valued at $45,000 after purchasing an additional 53 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on NVDA shares. Susquehanna reaffirmed a “positive” rating and set a $1,050.00 price target on shares of NVIDIA in a report on Thursday, April 4th. Sanford C. Bernstein raised their price target on shares of NVIDIA from $700.00 to $1,000.00 and gave the company an “outperform” rating in a report on Thursday, February 22nd. Rosenblatt Securities reaffirmed a “buy” rating and set a $1,100.00 price target on shares of NVIDIA in a report on Tuesday, February 20th. Benchmark reaffirmed a “buy” rating and set a $1,000.00 price target on shares of NVIDIA in a report on Wednesday, March 20th. Finally, Piper Sandler Companies raised their price target on shares of NVIDIA to $850.00 and gave the company an “overweight” rating in a report on Friday, February 16th. Four research analysts have rated the stock with a hold rating, thirty-eight have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $941.55.

NVIDIA Trading Down 3.9 %

NVIDIA stock opened at $830.41 on Thursday. The company has a quick ratio of 3.67, a current ratio of 4.17 and a debt-to-equity ratio of 0.20. The firm has a 50-day moving average price of $863.93 and a two-hundred day moving average price of $644.83. The firm has a market capitalization of $2.08 trillion, a price-to-earnings ratio of 69.55, a PEG ratio of 1.26 and a beta of 1.73. NVIDIA Co. has a 52-week low of $272.40 and a 52-week high of $974.00.

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

NVIDIA Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Wednesday, March 6th were paid a $0.04 dividend. 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 currently 1.34%.

Insider Transactions at NVIDIA

In other news, insider Donald F. Robertson, Jr. sold 450 shares of the business’s stock in a transaction that occurred on Friday, March 22nd. The shares were sold at an average price of $911.62, for a total transaction of $410,229.00. Following the sale, the insider now owns 49,815 shares in the company, valued at $45,412,350.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other NVIDIA news, insider Donald F. Robertson, Jr. sold 450 shares of the company’s stock in a transaction that occurred on Friday, March 22nd. The shares were sold at an average price of $911.62, for a total value of $410,229.00. Following the transaction, the insider now owns 49,815 shares in the company, valued at approximately $45,412,350.30. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Mark A. Stevens sold 22,700 shares of the company’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 transaction, the director now owns 1,052,133 shares in the company, valued at approximately $925,845,476.01. The disclosure for this sale can be found here. In the last three months, insiders sold 61,278 shares of company stock valued at $52,689,898. Company 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.