Capital Analysts LLC Has $3.72 Million Position in NVIDIA Co. (NVDA)

Capital Analysts LLC increased its stake in shares of NVIDIA Co. (NASDAQ:NVDA) by 14,074.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,129 shares of the computer hardware maker’s stock after purchasing an additional 37,860 shares during the period. Capital Analysts LLC’s holdings in NVIDIA were worth $3,722,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in NVDA. Ark Investment Management LLC grew its stake in shares of NVIDIA by 79.5% during the second quarter. Ark Investment Management LLC now owns 126,769 shares of the computer hardware maker’s stock worth $18,326,000 after purchasing an additional 56,138 shares during the period. Intl Fcstone Inc. acquired a new stake in shares of NVIDIA during the second quarter worth $254,000. APG Asset Management N.V. grew its stake in shares of NVIDIA by 27.3% during the third quarter. APG Asset Management N.V. now owns 396,139 shares of the computer hardware maker’s stock worth $70,818,000 after purchasing an additional 84,900 shares during the period. Flagship Harbor Advisors LLC grew its stake in NVIDIA by 6.2% in the third quarter. Flagship Harbor Advisors LLC now owns 7,509 shares of the computer hardware maker’s stock valued at $1,396,000 after acquiring an additional 439 shares during the period. Finally, Nippon Life Insurance Co. grew its stake in NVIDIA by 1.7% in the third quarter. Nippon Life Insurance Co. now owns 25,655 shares of the computer hardware maker’s stock valued at $4,586,000 after acquiring an additional 421 shares during the period. 61.46% of the stock is owned by institutional investors and hedge funds.

Shares of NVIDIA Co. (NASDAQ NVDA) opened at $242.15 on Friday. NVIDIA Co. has a twelve month low of $95.17 and a twelve month high of $251.97. The stock has a market capitalization of $146,740.00, a PE ratio of 50.13, a P/E/G ratio of 3.91 and a beta of 1.43. The company has a current ratio of 8.03, a quick ratio of 7.34 and a debt-to-equity ratio of 0.27.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Thursday, February 8th. The computer hardware maker reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.56. NVIDIA had a return on equity of 45.02% and a net margin of 31.36%. The business had revenue of $2.91 billion for the quarter, compared to analyst estimates of $2.67 billion. During the same quarter in the prior year, the company posted $1.13 earnings per share. NVIDIA’s revenue was up 34.0% on a year-over-year basis. analysts expect that NVIDIA Co. will post 6.22 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 16th. Investors of record on Friday, February 23rd will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, February 22nd. This represents a $0.60 annualized dividend and a yield of 0.25%. NVIDIA’s payout ratio is presently 12.42%.

A number of research analysts have issued reports on NVDA shares. Raymond James Financial boosted their target price on NVIDIA and gave the company an “outperform” rating in a research note on Friday, November 10th. Royal Bank of Canada boosted their target price on NVIDIA from $230.00 to $240.00 and gave the company an “outperform” rating in a research note on Friday, November 10th. Mizuho reissued a “buy” rating and issued a $225.00 target price on shares of NVIDIA in a research note on Tuesday, November 28th. Vetr raised NVIDIA from a “buy” rating to a “strong-buy” rating and set a $218.94 target price for the company in a research note on Monday, January 1st. Finally, Canaccord Genuity boosted their target price on NVIDIA from $225.00 to $250.00 and gave the company a “buy” rating in a research note on Friday, November 17th. Four investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, twenty-four have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $210.97.

In related news, Director James C. Gaither sold 40,359 shares of the company’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $245.67, for a total transaction of $9,914,995.53. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Colette Kress sold 171 shares of the company’s stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $185.57, for a total value of $31,732.47. The disclosure for this sale can be found here. Insiders have sold 58,443 shares of company stock worth $14,010,937 in the last quarter. 5.82% of the stock is currently owned by corporate insiders.

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NVIDIA Profile

Nvidia Corporation focuses on personal computer (PC) graphics, graphics processing unit (GPU) and also on artificial intelligence (AI). The Company’s operates through two segments: GPU and Tegra Processor. The Company’s GPU product brands are aimed at specialized markets, including GeForce for gamers; Quadro for designers; Tesla and DGX for AI data scientists and big data researchers; and GRID for cloud-based visual computing users.

Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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