36,495 Shares in NVIDIA Co. (NASDAQ:NVDA) Bought by ST. Nicholas Private Asset Management Inc.

ST. Nicholas Private Asset Management Inc. purchased a new position in NVIDIA Co. (NASDAQ:NVDA - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 36,495 shares of the computer hardware maker's stock, valued at approximately $4,901,000. NVIDIA comprises about 4.4% of ST. Nicholas Private Asset Management Inc.'s holdings, making the stock its 8th largest holding.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. AMF Tjanstepension AB increased its stake in shares of NVIDIA by 2.2% in the 3rd quarter. AMF Tjanstepension AB now owns 8,039,712 shares of the computer hardware maker's stock worth $976,348,000 after acquiring an additional 169,445 shares in the last quarter. Wealth Group Ltd. grew its holdings in NVIDIA by 5.0% in the third quarter. Wealth Group Ltd. now owns 5,602 shares of the computer hardware maker's stock worth $680,000 after purchasing an additional 265 shares during the period. SOA Wealth Advisors LLC. increased its stake in shares of NVIDIA by 0.3% during the third quarter. SOA Wealth Advisors LLC. now owns 120,634 shares of the computer hardware maker's stock valued at $14,650,000 after purchasing an additional 350 shares in the last quarter. Swedbank AB lifted its holdings in shares of NVIDIA by 4.8% during the third quarter. Swedbank AB now owns 40,888,722 shares of the computer hardware maker's stock valued at $4,965,526,000 after purchasing an additional 1,868,358 shares during the last quarter. Finally, Eaton Cambridge Inc. boosted its position in shares of NVIDIA by 4.6% in the 3rd quarter. Eaton Cambridge Inc. now owns 18,732 shares of the computer hardware maker's stock worth $2,275,000 after purchasing an additional 819 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

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Insider Transactions at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 66,660 shares of NVIDIA stock in a transaction on Friday, March 21st. The shares were sold at an average price of $116.83, for a total value of $7,787,887.80. Following the sale, the chief financial officer now directly owns 3,085,765 shares in the company, valued at approximately $360,509,924.95. The trade was a 2.11 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Donald F. Robertson, Jr. sold 4,500 shares of the stock in a transaction dated Friday, March 21st. The shares were 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 $55,997,190.40. This trade represents a 0.93 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 183,609 shares of company stock valued at $22,642,615 over the last 90 days. Company insiders own 4.23% of the company's stock.

Analyst Ratings Changes

A number of research analysts have issued reports on NVDA shares. William Blair reiterated an "outperform" rating on shares of NVIDIA in a research note on Thursday, March 20th. DA Davidson lowered their price target on NVIDIA from $135.00 to $125.00 and set a "neutral" rating for the company in a research report on Thursday, March 20th. DZ Bank raised shares of NVIDIA from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 28th. Morgan Stanley set a $162.00 price objective on shares of NVIDIA and gave the company an "overweight" rating in a research note on Wednesday, March 19th. Finally, Mizuho dropped their target price on shares of NVIDIA from $175.00 to $168.00 and set an "outperform" rating on the stock in a research note on Friday, March 14th. 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 stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $171.51.

NVIDIA Stock Performance

NVIDIA stock traded up $1.77 during midday trading on Tuesday, hitting $110.15. The stock had a trading volume of 221,470,191 shares, compared to its average volume of 313,731,974. 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 Co. has a 52-week low of $75.61 and a 52-week high of $195.95. The company has a market capitalization of $2.69 trillion, a PE ratio of 43.35, a P/E/G ratio of 1.76 and a beta of 1.77. The firm's fifty day moving average is $123.81 and its two-hundred day moving average is $131.47.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The computer hardware maker reported $0.89 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.84 by $0.05. NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. The firm had revenue of $39.33 billion during the quarter, compared to analysts' expectations of $38.16 billion. On average, research analysts forecast that NVIDIA Co. will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders 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 annualized dividend and a dividend yield of 0.04%. NVIDIA's payout ratio is 1.36%.

NVIDIA 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.