Temasek Holdings Private Ltd Has $1.13 Billion Stock Position in NVIDIA Co. (NASDAQ:NVDA)

Temasek Holdings Private Ltd trimmed its stake in NVIDIA Co. (NASDAQ:NVDA - Free Report) by 4.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,297,723 shares of the computer hardware maker's stock after selling 397,464 shares during the quarter. NVIDIA makes up 4.6% of Temasek Holdings Private Ltd's portfolio, making the stock its 4th biggest holding. Temasek Holdings Private Ltd's holdings in NVIDIA were worth $1,129,115,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Christopher J. Hasenberg Inc acquired a new stake in NVIDIA during the third quarter worth approximately $27,000. Quest Partners LLC purchased a new position in shares of NVIDIA during the 2nd quarter worth $27,000. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of NVIDIA during the second quarter worth $31,000. West Financial Advisors LLC purchased a new stake in shares of NVIDIA in the third quarter valued at $36,000. Finally, DHJJ Financial Advisors Ltd. increased its stake in NVIDIA by 70.0% in the third quarter. DHJJ Financial Advisors Ltd. now owns 340 shares of the computer hardware maker's stock valued at $41,000 after purchasing an additional 140 shares during the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

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 shares were sold at an average price of $151.10, for a total transaction of $5,509,408.20. Following the completion of the transaction, the executive vice president now owns 3,902,888 shares in the company, valued at approximately $589,726,376.80. This trade represents a 0.93 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Donald F. Robertson, Jr. sold 4,500 shares of the business's stock in a transaction on Friday, December 13th. The shares were sold at an average price of $135.28, for a total transaction of $608,760.00. Following the completion of the transaction, the insider now owns 480,899 shares in the company, valued at approximately $65,056,016.72. The trade was a 0.93 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,108,348 shares of company stock worth $146,506,958 in the last three months. 4.23% of the stock is owned by corporate insiders.

NVIDIA Stock Performance

NASDAQ NVDA traded up $4.14 during trading on Friday, reaching $137.71. The company's stock had a trading volume of 200,365,998 shares, compared to its average volume of 184,317,696. NVIDIA Co. has a 12 month low of $56.11 and a 12 month high of $153.13. The firm has a 50 day moving average price of $138.99 and a 200 day moving average price of $129.00. The firm has a market capitalization of $3.37 trillion, a price-to-earnings ratio of 54.20, a price-to-earnings-growth ratio of 2.45 and a beta of 1.64. The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results on Wednesday, November 20th. The computer hardware maker reported $0.81 EPS for the quarter, beating analysts' consensus estimates of $0.69 by $0.12. NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. The business had revenue of $35.08 billion during the quarter, compared to the consensus estimate of $33.15 billion. During the same quarter in the previous year, the firm earned $0.38 earnings per share. NVIDIA's revenue for the quarter was up 93.6% compared to the same quarter last year. As a group, equities analysts anticipate that NVIDIA Co. will post 2.78 EPS for the current fiscal year.

NVIDIA Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Thursday, December 5th were issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.03%. The ex-dividend date was Thursday, December 5th. NVIDIA's dividend payout ratio (DPR) is presently 1.57%.

Analyst Ratings Changes

A number of research analysts have recently commented on NVDA shares. TD Cowen upped their price objective on shares of NVIDIA from $165.00 to $175.00 and gave the company a "buy" rating in a research note on Thursday, November 21st. Piper Sandler increased their price target on shares of NVIDIA from $140.00 to $175.00 and gave the stock an "overweight" rating in a research note on Monday, November 11th. Susquehanna boosted their price objective on shares of NVIDIA from $160.00 to $180.00 and gave the company a "positive" rating in a research note on Thursday, November 14th. Evercore ISI increased their target price on NVIDIA from $189.00 to $190.00 and gave the stock an "outperform" rating in a research report on Thursday, November 21st. Finally, Oppenheimer reiterated an "outperform" rating and issued a $175.00 target price on shares of NVIDIA in a report on Thursday, November 21st. Four analysts have rated the stock with a hold rating, thirty-nine have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $164.63.

NVIDIA Company 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.