Tsfg LLC Grows Stock Holdings in NVIDIA Co. (NASDAQ:NVDA)

Tsfg LLC increased its holdings in shares of NVIDIA Co. (NASDAQ:NVDA - Free Report) by 3.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 63,264 shares of the computer hardware maker's stock after purchasing an additional 2,272 shares during the quarter. NVIDIA makes up approximately 1.7% of Tsfg LLC's portfolio, making the stock its 16th biggest position. Tsfg LLC's holdings in NVIDIA were worth $8,496,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in NVDA. Ironwood Wealth Management LLC. lifted its position in shares of NVIDIA by 896.9% in the second quarter. Ironwood Wealth Management LLC. now owns 6,330 shares of the computer hardware maker's stock valued at $782,000 after acquiring an additional 5,695 shares in the last quarter. Financial Guidance Group Inc. increased its stake in NVIDIA by 900.0% during the second quarter. Financial Guidance Group Inc. now owns 3,600 shares of the computer hardware maker's stock worth $445,000 after acquiring an additional 3,240 shares during the last quarter. Tobam grew its stake in shares of NVIDIA by 811.4% in the second quarter. Tobam now owns 41,489 shares of the computer hardware maker's stock valued at $5,126,000 after buying an additional 36,937 shares in the last quarter. Heritage Family Offices LLP acquired a new stake in shares of NVIDIA in the second quarter valued at about $257,000. Finally, GraniteShares Advisors LLC boosted its holdings in NVIDIA by 2,855.6% in the second quarter. GraniteShares Advisors LLC now owns 1,330,000 shares of the computer hardware maker's stock valued at $164,308,000 after purchasing an additional 1,285,000 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Insider Activity at NVIDIA

In other NVIDIA news, EVP Ajay K. Puri sold 36,462 shares of the company's stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $151.10, for a total value of $5,509,408.20. Following the completion of the transaction, the executive vice president now directly owns 3,902,888 shares in the company, valued at $589,726,376.80. This represents a 0.93 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director John Dabiri sold 716 shares of the company's stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $142.00, for a total transaction of $101,672.00. Following the completion of the transaction, the director now owns 19,942 shares of the company's stock, valued at approximately $2,831,764. The trade was a 3.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,108,348 shares of company stock valued at $146,506,958 in the last three months. Company insiders own 4.23% of the company's stock.

NVIDIA Stock Up 0.8 %

Shares of NVDA traded up $1.05 on Thursday, reaching $124.75. The company's stock had a trading volume of 390,509,528 shares, compared to its average volume of 292,494,438. NVIDIA Co. has a twelve month low of $60.70 and a twelve month high of $153.13. 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 capitalization of $3.06 trillion, a PE ratio of 49.09, a PEG ratio of 2.65 and a beta of 1.64. The firm has a fifty day moving average of $137.46 and a 200-day moving average of $129.40.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data on Wednesday, November 20th. The computer hardware maker reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.12. NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. The firm had revenue of $35.08 billion for the quarter, compared to analysts' expectations of $33.15 billion. During the same quarter last year, the company posted $0.38 EPS. The business's quarterly revenue was up 93.6% on a year-over-year basis. Equities analysts predict that NVIDIA Co. will post 2.78 EPS for the current year.

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Thursday, December 5th were paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.03%. The ex-dividend date was Thursday, December 5th. NVIDIA's payout ratio is 1.57%.

Analyst Ratings Changes

NVDA has been the topic of several recent research reports. Benchmark reissued a "buy" rating and issued a $190.00 price target on shares of NVIDIA in a report on Tuesday, January 7th. TD Cowen raised their price objective on NVIDIA from $165.00 to $175.00 and gave the stock a "buy" rating in a research note on Thursday, November 21st. JPMorgan Chase & Co. raised their target price on NVIDIA from $155.00 to $170.00 and gave the stock an "overweight" rating in a research report on Thursday, November 21st. Mizuho lifted their price objective on NVIDIA from $165.00 to $175.00 and gave the company an "outperform" rating in a research report on Thursday, November 21st. Finally, Truist Financial raised their target price on NVIDIA from $148.00 to $167.00 and gave the company a "buy" rating in a report on Tuesday, November 19th. Four investment analysts have rated the stock with a hold rating, thirty-eight have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $166.23.

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.