Campbell Wealth Management boosted its holdings in NVIDIA Co. (NASDAQ:NVDA – Free Report) by 183.0% during the 4th quarter, Holdings Channel reports. The firm owned 8,766 shares of the computer hardware maker’s stock after acquiring an additional 5,668 shares during the period. NVIDIA makes up about 0.1% of Campbell Wealth Management’s investment portfolio, making the stock its 26th largest holding. Campbell Wealth Management’s holdings in NVIDIA were worth $1,177,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of the business. Legend Financial Advisors Inc. bought a new position in NVIDIA during the fourth quarter valued at about $34,000. Luken Investment Analytics LLC purchased a new position in NVIDIA in the fourth quarter valued at about $40,000. DHJJ Financial Advisors Ltd. grew its position in shares of NVIDIA by 70.0% during the 3rd quarter. DHJJ Financial Advisors Ltd. now owns 340 shares of the computer hardware maker’s stock valued at $41,000 after acquiring an additional 140 shares during the period. Lowe Wealth Advisors LLC purchased a new stake in shares of NVIDIA during the 4th quarter worth approximately $46,000. Finally, 1620 Investment Advisors Inc. raised its holdings in shares of NVIDIA by 145.9% in the 3rd quarter. 1620 Investment Advisors Inc. now owns 418 shares of the computer hardware maker’s stock worth $51,000 after purchasing an additional 248 shares during the period. Institutional investors own 65.27% of the company’s stock.
Insider Activity at NVIDIA
In related news, Director Robert K. Burgess sold 53,324 shares of the company’s stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $115.49, for a total transaction of $6,158,388.76. Following the completion of the sale, the director now directly owns 251,044 shares in the company, valued at $28,993,071.56. This represents a 17.52 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Ajay K. Puri sold 36,462 shares of the business’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 owns 3,902,888 shares in the company, valued at $589,726,376.80. The trade was a 0.93 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 92,449 shares of company stock worth $11,960,727 in the last ninety days. 4.23% of the stock is owned by company insiders.
Analyst Ratings Changes
Check Out Our Latest Analysis on NVDA
NVIDIA Stock Performance
NASDAQ:NVDA opened at $119.53 on Tuesday. The company has a market capitalization of $2.92 trillion, a price-to-earnings ratio of 47.04, a PEG ratio of 1.76 and a beta of 1.77. The business has a 50 day moving average of $128.66 and a 200 day moving average of $131.24. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.64. NVIDIA Co. has a 1-year low of $75.61 and a 1-year high of $153.13.
NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The computer hardware maker reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.05. The firm had revenue of $39.33 billion during the quarter, compared to analyst estimates of $38.16 billion. NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. On average, sell-side analysts predict that NVIDIA Co. will post 2.77 earnings per share for the current fiscal year.
NVIDIA Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th will be issued a $0.01 dividend. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a $0.04 annualized dividend and a dividend yield of 0.03%. NVIDIA’s dividend payout ratio is currently 1.36%.
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.
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