RPS Advisory Solutions LLC Has $6.66 Million Holdings in NVIDIA Co. (NASDAQ:NVDA)

RPS Advisory Solutions LLC increased its position in NVIDIA Co. (NASDAQ:NVDA - Free Report) by 7.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,599 shares of the computer hardware maker's stock after buying an additional 3,282 shares during the quarter. NVIDIA comprises approximately 4.1% of RPS Advisory Solutions LLC's holdings, making the stock its 3rd largest position. RPS Advisory Solutions LLC's holdings in NVIDIA were worth $6,661,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. International Assets Investment Management LLC boosted its holdings in NVIDIA by 12,898.6% during the third quarter. International Assets Investment Management LLC now owns 56,292,986 shares of the computer hardware maker's stock worth $6,836,220,000 after buying an additional 55,859,917 shares in the last quarter. Clear Street Derivatives LLC bought a new stake in shares of NVIDIA during the 3rd quarter worth $4,589,905,000. Geode Capital Management LLC boosted its stake in shares of NVIDIA by 2.2% during the 3rd quarter. Geode Capital Management LLC now owns 546,079,492 shares of the computer hardware maker's stock worth $66,101,133,000 after acquiring an additional 11,525,969 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of NVIDIA by 3.8% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 180,403,789 shares of the computer hardware maker's stock worth $21,908,236,000 after purchasing an additional 6,526,200 shares during the period. Finally, National Pension Service lifted its holdings in shares of NVIDIA by 14.9% during the third quarter. National Pension Service now owns 47,220,708 shares of the computer hardware maker's stock valued at $5,734,483,000 after purchasing an additional 6,118,674 shares during the last quarter. Institutional investors own 65.27% of the company's stock.

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Insider Transactions at NVIDIA

In related news, CFO Colette Kress sold 66,660 shares of the company's stock in a transaction dated 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 transaction, the chief financial officer now owns 3,085,765 shares in the company, valued at $360,509,924.95. This represents a 2.11 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John Dabiri sold 2,663 shares of the firm's 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 sale, the director now owns 17,279 shares of the company's stock, valued at $1,900,690. The trade was a 13.35 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 183,609 shares of company stock valued at $22,642,615. Corporate insiders own 4.23% of the company's stock.

NVIDIA Price Performance

Shares of NVDA stock traded down $1.76 during trading hours on Friday, hitting $109.67. The company had a trading volume of 229,047,047 shares, compared to its average volume of 314,707,778. 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 $2.68 trillion, a price-to-earnings ratio of 43.16, a PEG 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 $195.95. The firm's fifty day moving average is $125.01 and its 200 day moving average is $131.50.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released 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. NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. The firm had revenue of $39.33 billion during the quarter, compared to analyst estimates of $38.16 billion. On average, sell-side analysts predict 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 will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 12th will be given a $0.01 dividend. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a $0.04 dividend on an annualized basis and a yield of 0.04%. NVIDIA's dividend payout ratio (DPR) is presently 1.36%.

Analyst Ratings Changes

NVDA has been the topic of a number of analyst reports. KeyCorp set a $190.00 price target on NVIDIA in a research note on Wednesday, March 19th. HSBC dropped their target price on shares of NVIDIA from $195.00 to $185.00 and set a "buy" rating on the stock in a research report on Monday, January 13th. Stifel Nicolaus set a $180.00 price target on shares of NVIDIA in a research report on Wednesday, March 19th. Barclays lifted their price objective on shares of NVIDIA from $160.00 to $175.00 and gave the stock an "overweight" rating in a research report on Friday, January 17th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and issued a $220.00 target price on shares of NVIDIA in a research report on Wednesday, March 19th. Four investment analysts have rated the stock with a hold rating, thirty-seven have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, NVIDIA has a consensus rating of "Moderate Buy" and a consensus target price of $171.51.

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.