Bedrijfstakpensioenfonds Voor DE Media PNO Reduces Holdings in NVIDIA Co. (NASDAQ:NVDA)

Bedrijfstakpensioenfonds Voor DE Media PNO decreased its stake in shares of NVIDIA Co. (NASDAQ:NVDA) by 7.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 537,500 shares of the computer hardware maker’s stock after selling 43,500 shares during the quarter. NVIDIA accounts for about 8.7% of Bedrijfstakpensioenfonds Voor DE Media PNO’s investment portfolio, making the stock its biggest position. Bedrijfstakpensioenfonds Voor DE Media PNO’s holdings in NVIDIA were worth $69,706,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Roberts Wealth Advisors LLC increased its stake in NVIDIA by 7.8% in the fourth quarter. Roberts Wealth Advisors LLC now owns 13,646 shares of the computer hardware maker’s stock valued at $1,859,000 after acquiring an additional 990 shares during the period. Farrell Financial LLC grew its stake in NVIDIA by 14.5% during the fourth quarter. Farrell Financial LLC now owns 3,564 shares of the computer hardware maker’s stock worth $479,000 after buying an additional 451 shares during the last quarter. Planned Solutions Inc. grew its stake in NVIDIA by 4.8% during the fourth quarter. Planned Solutions Inc. now owns 12,440 shares of the computer hardware maker’s stock worth $1,671,000 after buying an additional 575 shares during the last quarter. Transform Wealth LLC grew its stake in NVIDIA by 16.0% during the fourth quarter. Transform Wealth LLC now owns 290,549 shares of the computer hardware maker’s stock worth $39,018,000 after buying an additional 40,092 shares during the last quarter. Finally, Chesley Taft & Associates LLC grew its stake in NVIDIA by 0.5% during the fourth quarter. Chesley Taft & Associates LLC now owns 472,585 shares of the computer hardware maker’s stock worth $63,463,000 after buying an additional 2,216 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Performance

Shares of NVDA stock opened at $132.80 on Wednesday. The company has a fifty day moving average price of $135.21 and a two-hundred day moving average price of $129.70. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.64. The stock has a market cap of $3.25 trillion, a P/E ratio of 52.26, a P/E/G ratio of 1.62 and a beta of 1.62. NVIDIA Co. has a one year low of $66.25 and a one year high of $153.13.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Wednesday, November 20th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.12. The company had revenue of $35.08 billion during the quarter, compared to analysts’ expectations of $33.15 billion. NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. NVIDIA’s quarterly revenue was up 93.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.38 EPS. As a group, equities analysts predict that NVIDIA Co. will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Thursday, December 5th were paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.03%. The ex-dividend date was Thursday, December 5th. NVIDIA’s dividend payout ratio is presently 1.57%.

Insider Transactions at NVIDIA

In other NVIDIA news, Director Tench Coxe sold 1,000,000 shares of NVIDIA stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $131.26, for a total value of $131,260,000.00. Following the completion of the sale, the director now owns 28,671,360 shares in the company, valued at $3,763,402,713.60. The trade was a 3.37 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Ajay K. Puri sold 36,462 shares of the firm’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $151.10, for a total transaction of $5,509,408.20. Following the completion of the transaction, the executive vice president now directly owns 3,902,888 shares in the company, valued at approximately $589,726,376.80. This represents a 0.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,108,348 shares of company stock worth $146,506,958. 4.23% of the stock is owned by insiders.

Analyst Ratings Changes

Several brokerages have weighed in on NVDA. Susquehanna upped their price objective on shares of NVIDIA from $160.00 to $180.00 and gave the stock a “positive” rating in a research note on Thursday, November 14th. Needham & Company LLC upped their target price on shares of NVIDIA from $145.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Cantor Fitzgerald reiterated an “overweight” rating and set a $200.00 target price on shares of NVIDIA in a research report on Monday, January 27th. Robert W. Baird upped their target price on shares of NVIDIA from $150.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, November 21st. Finally, DA Davidson upped their target price on shares of NVIDIA from $90.00 to $135.00 and gave the stock a “neutral” rating in a research report on Friday, November 22nd. Four analysts have rated the stock with a hold rating, thirty-eight have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, NVIDIA has a consensus rating of “Moderate Buy” and an average price target of $166.23.

About NVIDIA

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.