Analog Century Management LP Has $105.15 Million Stock Holdings in NVIDIA Co. (NASDAQ:NVDA)

Analog Century Management LP lifted its position in NVIDIA Co. (NASDAQ:NVDA) by 1.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 783,001 shares of the computer hardware maker’s stock after acquiring an additional 11,130 shares during the quarter. NVIDIA accounts for 7.0% of Analog Century Management LP’s portfolio, making the stock its largest position. Analog Century Management LP’s holdings in NVIDIA were worth $105,149,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Coppell Advisory Solutions LLC lifted its holdings in shares of NVIDIA by 13.5% in the 4th quarter. Coppell Advisory Solutions LLC now owns 29,188 shares of the computer hardware maker’s stock worth $3,997,000 after acquiring an additional 3,461 shares during the last quarter. CSM Advisors LLC lifted its holdings in shares of NVIDIA by 2.8% in the 4th quarter. CSM Advisors LLC now owns 82,620 shares of the computer hardware maker’s stock worth $11,094,000 after acquiring an additional 2,215 shares during the last quarter. Fuller & Thaler Asset Management Inc. lifted its holdings in shares of NVIDIA by 1.2% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 57,807 shares of the computer hardware maker’s stock worth $7,763,000 after acquiring an additional 712 shares during the last quarter. MGO One Seven LLC lifted its holdings in shares of NVIDIA by 0.5% in the 4th quarter. MGO One Seven LLC now owns 1,061,906 shares of the computer hardware maker’s stock worth $142,603,000 after acquiring an additional 5,087 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its holdings in NVIDIA by 0.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 411,328,951 shares of the computer hardware maker’s stock valued at $55,237,367,000 after buying an additional 3,721,331 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on NVDA shares. Piper Sandler reiterated an “overweight” rating on shares of NVIDIA in a report on Friday, April 25th. Barclays decreased their price objective on shares of NVIDIA from $175.00 to $155.00 and set an “overweight” rating for the company in a report on Tuesday, April 22nd. Bank of America lifted their price objective on shares of NVIDIA from $150.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, May 14th. TD Cowen decreased their price objective on shares of NVIDIA from $175.00 to $140.00 and set a “buy” rating for the company in a report on Wednesday, April 9th. Finally, Citigroup reiterated a “buy” rating on shares of NVIDIA in a report on Wednesday, April 16th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, thirty-six have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $164.84.

Insiders Place Their Bets

In other NVIDIA news, CFO Colette Kress sold 66,660 shares of the business’s stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $116.83, for a total transaction of $7,787,887.80. Following the sale, the chief financial officer now owns 3,085,765 shares of the company’s stock, valued at approximately $360,509,924.95. The trade was a 2.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Donald F. Robertson, Jr. sold 4,500 shares of the business’s stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $116.80, for a total transaction of $525,600.00. Following the sale, the insider now directly owns 479,428 shares in the company, valued at approximately $55,997,190.40. This represents a 0.93% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 147,147 shares of company stock valued at $17,133,207. Insiders own 4.23% of the company’s stock.

NVIDIA Stock Up 0.4%

Shares of NVIDIA stock opened at $135.40 on Monday. The firm’s 50 day moving average price is $112.33 and its 200-day moving average price is $126.93. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13. NVIDIA Co. has a 52-week low of $86.62 and a 52-week high of $195.95. The company has a market cap of $3.31 trillion, a P/E ratio of 53.29, a PEG ratio of 1.76 and a beta of 2.11.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data on Wednesday, February 26th. The computer hardware maker reported $0.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.84 by $0.05. NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. The firm had revenue of $39.33 billion for the quarter, compared to the consensus estimate of $38.16 billion. On average, sell-side analysts predict that NVIDIA Co. will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 12th were given a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.03%. The ex-dividend date of this dividend was Wednesday, March 12th. NVIDIA’s dividend payout ratio is presently 1.36%.

NVIDIA 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.