Crown Advisors Management Inc. Has $16.45 Million Stock Holdings in NVIDIA Co. (NASDAQ:NVDA)

Crown Advisors Management Inc. lessened its position in NVIDIA Co. (NASDAQ:NVDA - Free Report) by 5.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 122,500 shares of the computer hardware maker's stock after selling 7,500 shares during the period. NVIDIA makes up 10.6% of Crown Advisors Management Inc.'s holdings, making the stock its largest position. Crown Advisors Management Inc.'s holdings in NVIDIA were worth $16,450,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Vinva Investment Management Ltd increased its holdings in shares of NVIDIA by 7.9% in the fourth quarter. Vinva Investment Management Ltd now owns 1,250,923 shares of the computer hardware maker's stock valued at $171,989,000 after buying an additional 91,468 shares in the last quarter. Platinum Investment Management Ltd. raised its position in shares of NVIDIA by 109.3% during the fourth quarter. Platinum Investment Management Ltd. now owns 1,582 shares of the computer hardware maker's stock worth $212,000 after purchasing an additional 826 shares during the period. VSM Wealth Advisory LLC purchased a new stake in shares of NVIDIA during the fourth quarter valued at $287,000. Saiph Capital LLC boosted its position in shares of NVIDIA by 14.6% in the 4th quarter. Saiph Capital LLC now owns 12,699 shares of the computer hardware maker's stock valued at $1,705,000 after purchasing an additional 1,620 shares during the period. Finally, Brooklyn FI LLC increased its stake in NVIDIA by 6,507.1% in the 4th quarter. Brooklyn FI LLC now owns 253,778 shares of the computer hardware maker's stock worth $34,998,000 after purchasing an additional 249,937 shares in the last quarter. Institutional investors own 65.27% of the company's stock.

NVIDIA Price Performance

Shares of NVIDIA stock opened at $102.67 on Thursday. The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13. The firm has a fifty day simple moving average of $114.42 and a 200-day simple moving average of $129.31. The stock has a market capitalization of $2.51 trillion, a price-to-earnings ratio of 40.41, a PEG ratio of 1.76 and a beta of 1.96. NVIDIA Co. has a 1-year low of $78.22 and a 1-year high of $195.95.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its earnings results on Wednesday, February 26th. The computer hardware maker reported $0.89 earnings per share for the quarter, topping analysts' consensus estimates of $0.84 by $0.05. The firm had revenue of $39.33 billion during the quarter, compared to analyst estimates of $38.16 billion. NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. On average, sell-side analysts expect that NVIDIA Co. will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

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

Insider Buying and Selling at NVIDIA

In other news, insider Donald F. Robertson, Jr. sold 4,500 shares of the stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $116.80, for a total value of $525,600.00. Following the completion of the sale, the insider now directly owns 479,428 shares of the company's stock, valued at approximately $55,997,190.40. This represents a 0.93 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Colette Kress sold 66,660 shares of the business's 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 transaction, the chief financial officer now directly owns 3,085,765 shares in the company, valued at $360,509,924.95. This trade represents a 2.11 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 147,147 shares of company stock valued at $17,133,207 in the last 90 days. 4.23% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

NVDA has been the subject of a number of analyst reports. Needham & Company LLC reaffirmed a "buy" rating and set a $160.00 price objective on shares of NVIDIA in a research note on Wednesday, March 19th. Bank of America decreased their price objective on shares of NVIDIA from $200.00 to $160.00 and set a "buy" rating for the company in a research note on Wednesday, April 16th. Mizuho cut their target price on shares of NVIDIA from $175.00 to $168.00 and set an "outperform" rating on the stock in a research note on Friday, March 14th. Hsbc Global Res cut NVIDIA from a "strong-buy" rating to a "hold" rating in a research report on Thursday, April 3rd. Finally, Truist Financial upped their price target on NVIDIA from $204.00 to $205.00 and gave the company a "buy" rating in a research report on Thursday, February 27th. Six equities research analysts have rated the stock with a hold rating, thirty-six have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $165.01.

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.

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