Integrity Wealth Solutions LLC Buys 7,171 Shares of NVIDIA Co. (NASDAQ:NVDA)

Integrity Wealth Solutions LLC grew its holdings in shares of NVIDIA Co. (NASDAQ:NVDA - Free Report) by 21.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 40,186 shares of the computer hardware maker's stock after buying an additional 7,171 shares during the quarter. NVIDIA accounts for about 3.0% of Integrity Wealth Solutions LLC's investment portfolio, making the stock its 7th largest holding. Integrity Wealth Solutions LLC's holdings in NVIDIA were worth $5,397,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC grew its holdings 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 purchasing an additional 11,525,969 shares during the last quarter. Legal & General Group Plc grew its stake in NVIDIA by 884.0% during the 2nd quarter. Legal & General Group Plc now owns 213,127,959 shares of the computer hardware maker's stock worth $26,329,751,000 after buying an additional 191,469,114 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in 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 buying an additional 6,526,200 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in NVIDIA by 1.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 146,069,090 shares of the computer hardware maker's stock valued at $17,738,630,000 after buying an additional 2,042,348 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of NVIDIA by 870.3% during the second quarter. Ameriprise Financial Inc. now owns 102,422,225 shares of the computer hardware maker's stock valued at $12,658,922,000 after acquiring an additional 91,867,031 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

NVDA has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of NVIDIA from $115.00 to $140.00 and gave the company a "hold" rating in a research report on Thursday, November 21st. Wedbush reiterated an "outperform" rating and set a $175.00 price objective on shares of NVIDIA in a research report on Thursday. Oppenheimer reissued an "outperform" rating and issued a $175.00 price objective on shares of NVIDIA in a report on Thursday, November 21st. Tigress Financial raised NVIDIA from a "buy" rating to a "strong-buy" rating and raised their price target for the company from $170.00 to $220.00 in a report on Tuesday, January 28th. Finally, Needham & Company LLC upped their price objective on shares of NVIDIA from $145.00 to $160.00 and gave the stock a "buy" rating in a report on Thursday, November 21st. Four analysts have rated the stock with a hold rating, thirty-seven have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $168.21.

NVIDIA Stock Down 4.1 %

NVDA stock traded down $5.76 during mid-day trading on Friday, hitting $134.35. The stock had a trading volume of 226,998,737 shares, compared to its average volume of 265,515,719. NVIDIA Co. has a 1-year low of $74.22 and a 1-year high of $153.13. The company has a fifty day moving average of $134.66 and a 200 day moving average of $130.91. 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 stock has a market capitalization of $3.29 trillion, a price-to-earnings ratio of 52.87, a PEG ratio of 1.75 and a beta of 1.62.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings data on Wednesday, November 20th. The computer hardware maker reported $0.81 EPS for the quarter, topping analysts' consensus estimates of $0.69 by $0.12. The firm had revenue of $35.08 billion for the quarter, compared to the consensus estimate of $33.15 billion. NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. The firm's revenue was up 93.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.38 earnings per share. On average, equities analysts expect that NVIDIA Co. will post 2.77 EPS for the current fiscal year.

Insider Activity

In other NVIDIA news, EVP Ajay K. Puri sold 36,462 shares of the firm's stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $151.10, for a total value of $5,509,408.20. Following the sale, the executive vice president now owns 3,902,888 shares of the company's stock, valued at $589,726,376.80. This trade represents a 0.93 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Tench Coxe sold 1,000,000 shares of the business's stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $131.26, for a total transaction of $131,260,000.00. Following the transaction, the director now owns 28,671,360 shares in the company, valued at approximately $3,763,402,713.60. The trade was a 3.37 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,108,348 shares of company stock worth $146,506,958. 4.23% of the stock is owned by corporate insiders.

NVIDIA Profile

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.