NVIDIA Co. (NASDAQ:NVDA) Holdings Trimmed by M Holdings Securities Inc.

M Holdings Securities Inc. reduced its position in shares of NVIDIA Co. (NASDAQ:NVDA - Free Report) by 86.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,696 shares of the computer hardware maker's stock after selling 89,132 shares during the quarter. NVIDIA accounts for 1.2% of M Holdings Securities Inc.'s investment portfolio, making the stock its 9th biggest holding. M Holdings Securities Inc.'s holdings in NVIDIA were worth $1,839,000 at the end of the most recent quarter.

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

Insider Buying and Selling

In related news, Director John Dabiri sold 2,663 shares of NVIDIA stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $110.00, for a total transaction of $292,930.00. Following the completion of the transaction, the director now directly owns 17,279 shares of the company's stock, valued at $1,900,690. This trade represents a 13.35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Aarti S. Shah sold 20,000 shares of NVIDIA stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of $118.42, for a total transaction of $2,368,400.00. Following the completion of the transaction, the director now owns 53,208 shares of the company's stock, valued at $6,300,891.36. This trade represents a 27.32 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 147,147 shares of company stock worth $17,133,207 in the last 90 days. 4.23% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages recently issued reports on NVDA. Needham & Company LLC reiterated a "buy" rating and set a $160.00 price objective on shares of NVIDIA in a report on Wednesday, March 19th. DA Davidson cut their price target on NVIDIA from $125.00 to $120.00 and set a "neutral" rating for the company in a research note on Monday, April 14th. Hsbc Global Res lowered shares of NVIDIA from a "strong-buy" rating to a "hold" rating in a research report on Thursday, April 3rd. Stifel Nicolaus set a $180.00 target price on shares of NVIDIA in a research report on Wednesday, March 19th. Finally, Piper Sandler restated an "overweight" rating on shares of NVIDIA in a research note on Friday. Six research analysts have rated the stock with a hold rating, thirty-six have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $164.96.

NVIDIA Stock Up 4.3 %

NVDA opened at $111.01 on Friday. NVIDIA Co. has a fifty-two week low of $81.25 and a fifty-two week high of $195.95. The company has a market capitalization of $2.71 trillion, a P/E ratio of 43.69, a P/E/G ratio of 1.76 and a beta of 1.96. 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 firm's fifty day moving average price is $113.21 and its two-hundred day moving average price is $128.99.

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

NVIDIA Announces Dividend

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

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.

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