NVIDIA Co. (NASDAQ:NVDA) Shares Bought by Savant Capital LLC

Savant Capital LLC raised its stake in NVIDIA Co. (NASDAQ:NVDA - Free Report) by 4.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 602,583 shares of the computer hardware maker's stock after buying an additional 24,850 shares during the quarter. NVIDIA comprises about 0.6% of Savant Capital LLC's portfolio, making the stock its 29th biggest holding. Savant Capital LLC's holdings in NVIDIA were worth $80,921,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of the stock. Christopher J. Hasenberg Inc purchased a new position in NVIDIA in the third quarter worth approximately $27,000. Legend Financial Advisors Inc. purchased a new position in NVIDIA in the fourth quarter worth approximately $34,000. Luken Investment Analytics LLC purchased a new position in NVIDIA in the fourth quarter worth approximately $40,000. DHJJ Financial Advisors Ltd. lifted 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 worth $41,000 after acquiring an additional 140 shares during the last quarter. Finally, Lowe Wealth Advisors LLC purchased a new position in NVIDIA in the fourth quarter worth approximately $46,000. Institutional investors and hedge funds own 65.27% of the company's stock.

NVIDIA Stock Up 1.7 %

NVDA opened at $108.76 on Wednesday. The business has a 50 day simple moving average of $130.54 and a 200-day simple moving average of $131.42. The stock has a market capitalization of $2.65 trillion, a P/E ratio of 42.80, a P/E/G ratio of 1.76 and a beta of 1.77. NVIDIA Co. has a 12 month low of $75.61 and a 12 month high of $153.13. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.64.

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NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $39.33 billion during the quarter, compared to analysts' expectations of $38.16 billion. NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. On average, equities analysts anticipate that NVIDIA Co. will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Wednesday, March 12th will be issued a dividend of $0.01 per share. The ex-dividend date of this dividend is 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%.

Analysts Set New Price Targets

A number of research analysts have recently commented on NVDA shares. Redburn Atlantic started coverage on NVIDIA in a report on Tuesday, November 12th. They issued a "buy" rating and a $178.00 price objective on the stock. Oppenheimer reiterated an "outperform" rating and issued a $175.00 price objective on shares of NVIDIA in a report on Thursday, November 21st. Truist Financial raised their price target on NVIDIA from $204.00 to $205.00 and gave the stock a "buy" rating in a research note on Thursday, February 27th. Wells Fargo & Company raised their price target on NVIDIA from $165.00 to $185.00 and gave the stock an "overweight" rating in a research note on Thursday, November 21st. Finally, Barclays raised their price target on NVIDIA from $160.00 to $175.00 and gave the stock an "overweight" rating in a research note on Friday, January 17th. 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's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $171.69.

Insider Buying and Selling

In related news, CFO Colette Kress sold 66,670 shares of NVIDIA stock in a transaction on Friday, December 13th. The stock was sold at an average price of $135.40, for a total transaction of $9,027,118.00. Following the completion of the transaction, the chief financial officer now directly owns 3,351,572 shares of the company's stock, valued at approximately $453,802,848.80. The trade was a 1.95 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Donald F. Robertson, Jr. sold 4,500 shares of NVIDIA stock in a transaction on Friday, December 13th. The stock was sold at an average price of $135.28, for a total value of $608,760.00. Following the transaction, the insider now directly owns 480,899 shares of the company's stock, valued at approximately $65,056,016.72. This represents a 0.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,107,632 shares of company stock valued at $146,405,286. 4.23% of the stock is owned by insiders.

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.

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