Brown Financial Advisors Has $5.09 Million Position in NVIDIA Co. (NASDAQ:NVDA)

Brown Financial Advisors raised its stake in shares of NVIDIA Co. (NASDAQ:NVDA - Free Report) by 8.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 37,893 shares of the computer hardware maker's stock after purchasing an additional 3,071 shares during the quarter. NVIDIA makes up about 2.0% of Brown Financial Advisors' holdings, making the stock its 10th biggest holding. Brown Financial Advisors' holdings in NVIDIA were worth $5,089,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. International Assets Investment Management LLC boosted its holdings in shares of NVIDIA by 12,898.6% during the 3rd quarter. International Assets Investment Management LLC now owns 56,292,986 shares of the computer hardware maker's stock valued at $6,836,220,000 after buying an additional 55,859,917 shares in the last quarter. Clear Street Derivatives LLC bought a new position in NVIDIA in the 3rd quarter valued at approximately $4,589,905,000. Geode Capital Management LLC boosted its position in shares of NVIDIA by 2.2% during the third quarter. Geode Capital Management LLC now owns 546,079,492 shares of the computer hardware maker's stock valued at $66,101,133,000 after buying an additional 11,525,969 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of NVIDIA by 3.8% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 180,403,789 shares of the computer hardware maker's stock worth $21,908,236,000 after acquiring an additional 6,526,200 shares during the period. Finally, National Pension Service grew its position in NVIDIA by 14.9% in the 3rd quarter. National Pension Service now owns 47,220,708 shares of the computer hardware maker's stock worth $5,734,483,000 after purchasing an additional 6,118,674 shares during the period. 65.27% of the stock is currently owned by institutional investors.

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Insider Buying and Selling

In other news, CFO Colette Kress sold 66,660 shares of NVIDIA stock in a transaction on Friday, March 21st. The stock was sold at an average price of $116.83, for a total transaction of $7,787,887.80. Following the completion of the sale, the chief financial officer now directly owns 3,085,765 shares in the company, valued at approximately $360,509,924.95. This trade represents a 2.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Donald F. Robertson, Jr. sold 4,500 shares of the business's stock in a transaction on Friday, March 21st. The shares were 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 of the company's stock, valued at $55,997,190.40. This represents a 0.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 183,609 shares of company stock valued at $22,642,615 in the last ninety days. 4.23% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research firms have weighed in on NVDA. HSBC dropped their target price on NVIDIA from $195.00 to $185.00 and set a "buy" rating on the stock in a research report on Monday, January 13th. Cantor Fitzgerald restated an "overweight" rating and set a $200.00 target price on shares of NVIDIA in a research report on Wednesday, March 19th. Barclays increased their price target on shares of NVIDIA from $160.00 to $175.00 and gave the stock an "overweight" rating in a research report on Friday, January 17th. Summit Insights downgraded shares of NVIDIA from a "buy" rating to a "hold" rating in a research report on Thursday, February 27th. Finally, Stifel Nicolaus set a $180.00 target price on NVIDIA in a report on Wednesday, March 19th. Four research analysts have rated the stock with a hold rating, thirty-seven have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $171.51.

NVIDIA Trading Up 1.6 %

Shares of NASDAQ:NVDA traded up $1.77 during trading on Tuesday, hitting $110.15. The company had a trading volume of 221,470,191 shares, compared to its average volume of 313,731,974. The stock has a market cap of $2.69 trillion, a price-to-earnings ratio of 43.35, a price-to-earnings-growth ratio of 1.76 and a beta of 1.77. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.64. The company has a fifty day simple moving average of $124.42 and a two-hundred day simple moving average of $131.53. NVIDIA Co. has a one year low of $75.61 and a one year high of $195.95.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results 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 return on equity of 114.83% and a net margin of 55.69%. The company had revenue of $39.33 billion during the quarter, compared to the consensus estimate of $38.16 billion. As a group, equities analysts forecast that NVIDIA Co. will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Wednesday, March 12th will be issued a dividend of $0.01 per share. The ex-dividend date is Wednesday, March 12th. This represents a $0.04 annualized dividend and a yield of 0.04%. NVIDIA's payout ratio is 1.36%.

About NVIDIA

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.