EagleClaw Capital Managment LLC Buys 2,896 Shares of NVIDIA Co. (NASDAQ:NVDA)

EagleClaw Capital Managment LLC grew its position in NVIDIA Co. (NASDAQ:NVDA - Free Report) by 1.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 235,996 shares of the computer hardware maker's stock after acquiring an additional 2,896 shares during the quarter. NVIDIA comprises 5.0% of EagleClaw Capital Managment LLC's holdings, making the stock its 2nd largest position. EagleClaw Capital Managment LLC's holdings in NVIDIA were worth $31,692,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Tacita Capital Inc purchased a new stake in NVIDIA during the 4th quarter valued at about $28,000. Legend Financial Advisors Inc. acquired a new position in NVIDIA during the fourth quarter worth $34,000. Vision Financial Markets LLC purchased a new stake in NVIDIA in the 4th quarter valued at $38,000. Luken Investment Analytics LLC acquired a new stake in shares of NVIDIA in the 4th quarter worth $40,000. Finally, Lowe Wealth Advisors LLC purchased a new position in shares of NVIDIA during the 4th quarter worth $46,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Wedbush restated an "outperform" rating and set a $175.00 price objective on shares of NVIDIA in a research report on Thursday, February 20th. HSBC lowered NVIDIA from a "buy" rating to a "hold" rating and set a $120.00 price objective for the company. in a research report on Thursday, April 3rd. William Blair reissued an "outperform" rating on shares of NVIDIA in a research report on Thursday, March 20th. Susquehanna reaffirmed a "positive" rating and issued a $180.00 target price on shares of NVIDIA in a research report on Wednesday, March 19th. Finally, Rosenblatt Securities reiterated a "buy" rating and set a $220.00 price target on shares of NVIDIA in a research report on Wednesday, March 19th. Six equities research analysts have rated the stock with a hold rating, thirty-six have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $168.26.

NVIDIA Trading Up 0.7 %

NASDAQ NVDA traded up $0.75 during trading hours on Tuesday, hitting $111.46. 44,197,914 shares of the company's stock were exchanged, compared to its average volume of 313,106,903. NVIDIA Co. has a 12-month low of $75.61 and a 12-month high of $195.95. The business's 50 day moving average is $118.67 and its 200-day moving average is $130.33. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.64 and a current ratio of 4.10. The firm has a market capitalization of $2.72 trillion, a P/E ratio of 43.68, a price-to-earnings-growth ratio of 1.76 and a beta of 1.96.

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

NVIDIA Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders 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 dividend payout ratio is presently 1.36%.

Insider Transactions at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 66,660 shares of the firm's stock in a transaction on Friday, March 21st. The shares were sold at an average price of $116.83, for a total transaction of $7,787,887.80. Following the completion of the transaction, the chief financial officer now directly owns 3,085,765 shares of the company's stock, valued at $360,509,924.95. This trade represents a 2.11 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Donald F. Robertson, Jr. sold 4,500 shares of the stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $116.80, for a total transaction of $525,600.00. Following the transaction, the insider now directly owns 479,428 shares in the company, valued at $55,997,190.40. The trade was a 0.93 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 147,147 shares of company stock worth $17,133,207 in the last three months. 4.23% of the stock is currently owned by company insiders.

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.