Win Advisors Inc. Invests $237,000 in NVIDIA Co. (NASDAQ:NVDA)

Win Advisors Inc. acquired a new stake in shares of NVIDIA Co. (NASDAQ:NVDAFree Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 478 shares of the computer hardware maker’s stock, valued at approximately $237,000.

Several other institutional investors have also recently made changes to their positions in NVDA. International Assets Investment Management LLC increased its position in NVIDIA by 54,019.5% during the fourth quarter. International Assets Investment Management LLC now owns 16,866,869 shares of the computer hardware maker’s stock valued at $8,352,811,000 after acquiring an additional 16,835,703 shares during the last quarter. Vanguard Group Inc. increased its stake in NVIDIA by 1.1% in the 3rd quarter. Vanguard Group Inc. now owns 203,680,199 shares of the computer hardware maker’s stock worth $88,598,850,000 after acquiring an additional 2,287,471 shares during the last quarter. California Public Employees Retirement System raised its stake in NVIDIA by 31.8% during the fourth quarter. California Public Employees Retirement System now owns 7,477,385 shares of the computer hardware maker’s stock valued at $3,702,951,000 after purchasing an additional 1,805,763 shares in the last quarter. J.P. Morgan Private Wealth Advisors LLC bought a new position in shares of NVIDIA in the 3rd quarter valued at about $728,543,000. Finally, Assenagon Asset Management S.A. raised its position in NVIDIA by 99.5% during the third quarter. Assenagon Asset Management S.A. now owns 2,384,968 shares of the computer hardware maker’s stock valued at $1,037,437,000 after purchasing an additional 1,189,495 shares during the period. Institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Down 1.8 %

NVIDIA stock opened at $887.47 on Friday. The business has a fifty day moving average price of $874.91 and a 200-day moving average price of $661.05. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.17 and a quick ratio of 3.67. NVIDIA Co. has a 1-year low of $280.46 and a 1-year high of $974.00. The stock has a market capitalization of $2.22 trillion, a price-to-earnings ratio of 74.33, a PEG ratio of 1.27 and a beta of 1.75.

NVIDIA (NASDAQ:NVDAGet Free Report) last issued its quarterly earnings results on Wednesday, February 21st. The computer hardware maker reported $5.16 earnings per share for the quarter, topping analysts’ consensus estimates of $4.21 by $0.95. The business had revenue of $22.10 billion for the quarter, compared to analyst estimates of $20.40 billion. NVIDIA had a return on equity of 93.61% and a net margin of 48.85%. The company’s revenue was up 265.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.65 earnings per share. Equities research analysts forecast that NVIDIA Co. will post 22.55 EPS for the current fiscal year.

NVIDIA Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Wednesday, March 6th were issued a $0.04 dividend. The ex-dividend date was Tuesday, March 5th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.02%. NVIDIA’s dividend payout ratio is currently 1.34%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on NVDA. Stifel Nicolaus reissued a “buy” rating and issued a $910.00 target price on shares of NVIDIA in a research note on Wednesday, March 20th. HSBC upped their price objective on NVIDIA from $880.00 to $1,050.00 and gave the company a “buy” rating in a research report on Monday, March 18th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $900.00 target price on shares of NVIDIA in a research note on Monday, March 4th. Evercore ISI assumed coverage on shares of NVIDIA in a report on Tuesday, April 16th. They issued an “outperform” rating and a $1,160.00 price target on the stock. Finally, TD Cowen raised their price target on shares of NVIDIA from $900.00 to $1,100.00 and gave the stock an “outperform” rating in a research note on Thursday, March 21st. Four analysts have rated the stock with a hold rating, thirty-eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $944.05.

Read Our Latest Stock Report on NVDA

Insider Activity

In related news, Director John Dabiri sold 128 shares of the firm’s stock in a transaction on Monday, March 25th. The stock was sold at an average price of $940.00, for a total value of $120,320.00. Following the completion of the transaction, the director now owns 2,055 shares in the company, valued at approximately $1,931,700. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other NVIDIA news, Director Mark A. Stevens sold 22,700 shares of the stock in a transaction dated Friday, April 5th. The stock was sold at an average price of $879.97, for a total transaction of $19,975,319.00. Following the sale, the director now directly owns 1,052,133 shares of the company’s stock, valued at approximately $925,845,476.01. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John Dabiri sold 128 shares of the business’s stock in a transaction dated Monday, March 25th. The shares were sold at an average price of $940.00, for a total value of $120,320.00. Following the completion of the transaction, the director now directly owns 2,055 shares of the company’s stock, valued at approximately $1,931,700. The disclosure for this sale can be found here. Insiders have sold 61,278 shares of company stock valued at $52,689,898 over the last ninety days. 3.99% of the stock is currently owned by insiders.

About NVIDIA

(Free Report)

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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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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