NVIDIA Co. (NASDAQ:NVDA) Holdings Cut by Slow Capital Inc.

Slow Capital Inc. lessened its holdings in shares of NVIDIA Co. (NASDAQ:NVDA - Free Report) by 6.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 250,364 shares of the computer hardware maker's stock after selling 17,729 shares during the period. NVIDIA makes up approximately 4.8% of Slow Capital Inc.'s holdings, making the stock its 3rd largest position. Slow Capital Inc.'s holdings in NVIDIA were worth $33,621,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Christopher J. Hasenberg Inc acquired a new stake in NVIDIA in the third quarter worth about $27,000. University of Texas Texas AM Investment Management Co. acquired a new position in NVIDIA in the 2nd quarter worth $31,000. Legend Financial Advisors Inc. acquired a new position in NVIDIA during the fourth quarter worth $34,000. West Financial Advisors LLC bought a new stake in NVIDIA during the third quarter worth about $36,000. Finally, DHJJ Financial Advisors Ltd. grew its stake in shares of 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 buying an additional 140 shares in the last quarter. 65.27% of the stock is owned by institutional investors.

Insider Buying and Selling at NVIDIA

In other news, Director Tench Coxe sold 1,000,000 shares of the firm's stock in a transaction on Monday, December 16th. The stock was sold at an average price of $131.26, for a total value of $131,260,000.00. Following the completion of the sale, the director now directly owns 28,671,360 shares in the company, valued at approximately $3,763,402,713.60. This trade represents a 3.37 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Ajay K. Puri sold 36,462 shares of the company's stock in a transaction dated 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 transaction, the executive vice president now owns 3,902,888 shares in the company, valued at approximately $589,726,376.80. The trade was a 0.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,108,348 shares of company stock worth $146,506,958 over the last ninety days. 4.23% of the stock is currently owned by insiders.

NVIDIA Price Performance

NVDA traded down $5.76 during trading on Friday, reaching $134.35. The stock had a trading volume of 226,998,737 shares, compared to its average volume of 265,515,719. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13. The stock has a 50 day moving average of $134.66 and a two-hundred day moving average of $130.91. NVIDIA Co. has a 1-year low of $74.22 and a 1-year high of $153.13. The firm has a market capitalization of $3.29 trillion, a price-to-earnings ratio of 52.87, a price-to-earnings-growth ratio of 1.75 and a beta of 1.62.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, November 20th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.12. NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. The firm had revenue of $35.08 billion during the quarter, compared to the consensus estimate of $33.15 billion. During the same period in the prior year, the business earned $0.38 EPS. The business's revenue for the quarter was up 93.6% on a year-over-year basis. As a group, equities analysts anticipate that NVIDIA Co. will post 2.77 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

NVDA has been the subject of several research analyst reports. Raymond James upped their price target on shares of NVIDIA from $140.00 to $170.00 and gave the company a "strong-buy" rating in a research note on Thursday, November 14th. HSBC lowered their price target on NVIDIA from $195.00 to $185.00 and set a "buy" rating for the company in a report on Monday, January 13th. Wedbush reiterated an "outperform" rating and set a $175.00 price target on shares of NVIDIA in a report on Thursday. Rosenblatt Securities restated a "buy" rating and issued a $220.00 price target on shares of NVIDIA in a research report on Wednesday, January 8th. Finally, The Goldman Sachs Group lifted their price objective on NVIDIA from $150.00 to $165.00 and gave the stock a "buy" rating in a research note on Thursday, November 21st. Four investment analysts have rated the stock with a hold rating, thirty-seven have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, NVIDIA has an average rating of "Moderate Buy" and a consensus price target of $168.21.

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.