NVIDIA Co. (NASDAQ:NVDA) Stock Holdings Increased by Dorsey & Whitney Trust CO LLC

Dorsey & Whitney Trust CO LLC grew its holdings in shares of NVIDIA Co. (NASDAQ:NVDA - Free Report) by 1.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 508,549 shares of the computer hardware maker's stock after purchasing an additional 8,192 shares during the period. NVIDIA makes up approximately 3.8% of Dorsey & Whitney Trust CO LLC's holdings, making the stock its 2nd largest position. Dorsey & Whitney Trust CO LLC's holdings in NVIDIA were worth $68,293,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

A number of analysts have recently commented on the company. Susquehanna restated a "positive" rating and issued a $180.00 target price on shares of NVIDIA in a research note on Wednesday, March 19th. Stifel Nicolaus set a $180.00 price target on shares of NVIDIA in a report on Wednesday, March 19th. Citigroup lowered their price target on NVIDIA from $163.00 to $150.00 and set a "buy" rating on the stock in a research note on Friday. William Blair reaffirmed an "outperform" rating on shares of NVIDIA in a research note on Thursday, March 20th. Finally, HSBC lowered shares of NVIDIA from a "buy" rating to a "hold" rating and set a $120.00 price objective for the company. in a report on Thursday, April 3rd. Six research analysts have rated the stock with a hold rating, thirty-six have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $168.26.

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Insider Buying and Selling

In related news, insider Donald F. Robertson, Jr. sold 4,500 shares of the business's stock in a transaction that occurred on 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 of the company's stock, valued at approximately $55,997,190.40. The trade was a 0.93 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Aarti S. Shah sold 20,000 shares of the company's stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of $118.42, for a total value of $2,368,400.00. Following the transaction, the director now directly owns 53,208 shares of the company's stock, valued at $6,300,891.36. This trade represents a 27.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 147,147 shares of company stock valued at $17,133,207. Corporate insiders own 4.23% of the company's stock.

NVIDIA Stock Down 0.2 %

Shares of NASDAQ:NVDA traded down $0.22 during mid-day trading on Monday, hitting $110.71. 263,467,199 shares of the company traded hands, compared to its average volume of 314,106,571. NVIDIA Co. has a 12-month low of $75.61 and a 12-month high of $195.95. The stock has a 50-day moving average price of $118.95 and a two-hundred day moving average price of $130.40. 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 cap of $2.70 trillion, a P/E ratio of 43.57, a P/E/G ratio of 1.76 and a beta of 1.96.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data 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. The business had revenue of $39.33 billion for the quarter, compared to analyst estimates of $38.16 billion. NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. On average, equities research analysts forecast that NVIDIA Co. will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The firm also recently disclosed 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. This represents a $0.04 annualized dividend and a yield of 0.04%. The ex-dividend date was Wednesday, March 12th. NVIDIA's payout ratio is 1.36%.

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.