NVIDIA Co. (NASDAQ:NVDA) Shares Sold by Roundview Capital LLC

Roundview Capital LLC reduced its stake in NVIDIA Co. (NASDAQ:NVDAGet Rating) by 1.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 30,232 shares of the computer hardware maker’s stock after selling 466 shares during the quarter. NVIDIA accounts for 0.9% of Roundview Capital LLC’s investment portfolio, making the stock its 23rd largest position. Roundview Capital LLC’s holdings in NVIDIA were worth $8,892,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of NVDA. Disciplined Investments LLC purchased a new position in shares of NVIDIA in the 4th quarter valued at $25,000. Advanced Research Investment Solutions LLC purchased a new position in shares of NVIDIA in the 4th quarter valued at $29,000. Fortis Advisors LLC grew its position in shares of NVIDIA by 300.0% in the 3rd quarter. Fortis Advisors LLC now owns 160 shares of the computer hardware maker’s stock valued at $33,000 after buying an additional 120 shares during the last quarter. Charter Oak Capital Management LLC grew its position in shares of NVIDIA by 400.0% in the 4th quarter. Charter Oak Capital Management LLC now owns 130 shares of the computer hardware maker’s stock valued at $38,000 after buying an additional 104 shares during the last quarter. Finally, Leverty Financial Group LLC purchased a new position in shares of NVIDIA in the 4th quarter valued at $41,000. Hedge funds and other institutional investors own 55.19% of the company’s stock.

Several brokerages have issued reports on NVDA. Summit Insights downgraded shares of NVIDIA from a “buy” rating to a “hold” rating in a research report on Thursday, February 17th. Credit Suisse Group reissued a “buy” rating and set a $400.00 price objective on shares of NVIDIA in a research report on Friday, March 18th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of NVIDIA from $285.00 to $255.00 and set a “hold” rating on the stock in a research report on Wednesday, April 20th. Truist Financial lowered their target price on shares of NVIDIA from $347.00 to $298.00 in a report on Friday, April 8th. Finally, Citigroup upgraded shares of NVIDIA from a “neutral” rating to a “buy” rating and set a $280.00 price objective for the company in a research note on Wednesday, April 13th. They noted that the move was a valuation call. Eight equities research analysts have rated the stock with a hold rating, twenty-five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $324.82.

NASDAQ NVDA traded up $15.31 during trading on Friday, hitting $177.06. The company’s stock had a trading volume of 66,953,757 shares, compared to its average volume of 54,892,535. The company has a quick ratio of 6.05, a current ratio of 6.65 and a debt-to-equity ratio of 0.41. The firm has a 50 day moving average price of $225.70 and a 200 day moving average price of $258.01. The firm has a market cap of $515.73 billion, a P/E ratio of 46.02, a price-to-earnings-growth ratio of 2.22 and a beta of 1.59. NVIDIA Co. has a 52 week low of $135.43 and a 52 week high of $346.47.

NVIDIA (NASDAQ:NVDAGet Rating) last issued its quarterly earnings results on Wednesday, February 16th. The computer hardware maker reported $1.14 EPS for the quarter, topping the consensus estimate of $1.01 by $0.13. The company had revenue of $7.64 billion for the quarter, compared to the consensus estimate of $7.43 billion. NVIDIA had a return on equity of 42.99% and a net margin of 36.24%. The company’s revenue for the quarter was up 52.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.64 EPS. On average, equities analysts expect that NVIDIA Co. will post 4.71 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, March 24th. Shareholders of record on Thursday, March 3rd were given a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.09%. The ex-dividend date was Wednesday, March 2nd. NVIDIA’s dividend payout ratio (DPR) is 4.16%.

In other news, Director Tench Coxe sold 100,000 shares of the company’s stock in a transaction on Monday, March 28th. The stock was sold at an average price of $274.06, for a total transaction of $27,406,000.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Jen Hsun Huang sold 292,340 shares of the company’s stock in a transaction on Tuesday, March 1st. The shares were sold at an average price of $237.12, for a total value of $69,319,660.80. The disclosure for this sale can be found here. Insiders sold 409,056 shares of company stock worth $101,135,342 over the last quarter. Company insiders own 4.47% of the company’s stock.

About NVIDIA (Get Rating)

NVIDIA Corporation provides graphics, and compute and networking solutions in the United States, Taiwan, China, and internationally. The company's 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; vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building 3D designs and virtual worlds.

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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