5,170 Shares in NVIDIA Co. (NASDAQ:NVDA) Purchased by Integras Partners LLC

Integras Partners LLC purchased a new stake in NVIDIA Co. (NASDAQ:NVDA - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 5,170 shares of the computer hardware maker's stock, valued at approximately $694,000.

Other large investors have also recently modified their holdings of the company. Tacita Capital Inc purchased a new position in shares of NVIDIA in the 4th quarter worth about $28,000. Legend Financial Advisors Inc. bought a new stake in NVIDIA in the 4th quarter worth approximately $34,000. Vision Financial Markets LLC purchased a new stake in NVIDIA in the fourth quarter worth approximately $38,000. Luken Investment Analytics LLC bought a new position in NVIDIA during the fourth quarter valued at approximately $40,000. Finally, Lowe Wealth Advisors LLC bought a new stake in shares of NVIDIA in the 4th quarter worth approximately $46,000. Institutional investors own 65.27% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently commented on NVDA. Benchmark reiterated a "buy" rating and issued a $190.00 target price on shares of NVIDIA in a research report on Wednesday, March 19th. Tigress Financial reissued a "buy" rating on shares of NVIDIA in a research note on Wednesday, February 26th. Raymond James restated a "strong-buy" rating on shares of NVIDIA in a research report on Wednesday, April 16th. William Blair reissued an "outperform" rating on shares of NVIDIA in a research note on Thursday, March 20th. Finally, Truist Financial lifted their target price on shares of NVIDIA from $204.00 to $205.00 and gave the stock a "buy" rating in a research note on Thursday, February 27th. Six equities research analysts have rated the stock with a hold rating, thirty-six have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, NVIDIA currently has an average rating of "Moderate Buy" and a consensus target price of $165.01.

NVIDIA Stock Performance

NASDAQ NVDA traded up $1.98 during trading hours on Tuesday, hitting $98.89. The company's stock had a trading volume of 236,352,439 shares, compared to its average volume of 308,248,699. 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 market cap of $2.41 trillion, a P/E ratio of 38.92, a price-to-earnings-growth ratio of 1.76 and a beta of 1.96. The company's 50 day simple moving average is $115.15 and its two-hundred day simple moving average is $129.50. NVIDIA Co. has a 12 month low of $78.22 and a 12 month high of $195.95.

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

NVIDIA Announces Dividend

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

Insiders Place Their Bets

In related news, Director Robert K. Burgess sold 53,324 shares of NVIDIA stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $115.49, for a total transaction of $6,158,388.76. Following the transaction, the director now directly owns 251,044 shares in the company, valued at approximately $28,993,071.56. The trade was a 17.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John Dabiri sold 2,663 shares of the company's stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $110.00, for a total value of $292,930.00. Following the completion of the sale, the director now owns 17,279 shares of the company's stock, valued at approximately $1,900,690. The trade was a 13.35 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 147,147 shares of company stock valued at $17,133,207. Insiders own 4.23% of the company's stock.

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.