Kraematon Investment Advisors Inc. Grows Stock Holdings in NVIDIA Co. (NASDAQ:NVDA)

Kraematon Investment Advisors Inc. raised its position in shares of NVIDIA Co. (NASDAQ:NVDA) by 7.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,368 shares of the computer hardware maker’s stock after acquiring an additional 2,412 shares during the period. NVIDIA makes up approximately 4.4% of Kraematon Investment Advisors Inc.’s investment portfolio, making the stock its 4th largest position. Kraematon Investment Advisors Inc.’s holdings in NVIDIA were worth $4,481,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ironwood Wealth Management LLC. increased its holdings in NVIDIA by 896.9% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 6,330 shares of the computer hardware maker’s stock worth $782,000 after purchasing an additional 5,695 shares in the last quarter. Financial Guidance Group Inc. grew its position in shares of NVIDIA by 900.0% during the 2nd quarter. Financial Guidance Group Inc. now owns 3,600 shares of the computer hardware maker’s stock worth $445,000 after buying an additional 3,240 shares during the period. University of Texas Texas AM Investment Management Co. bought a new stake in NVIDIA in the second quarter valued at $31,000. Slocum Gordon & Co LLP boosted its holdings in NVIDIA by 1,358.7% in the second quarter. Slocum Gordon & Co LLP now owns 1,590 shares of the computer hardware maker’s stock worth $196,000 after acquiring an additional 1,481 shares in the last quarter. Finally, Jeppson Wealth Management LLC lifted its holdings in shares of NVIDIA by 890.7% in the 2nd quarter. Jeppson Wealth Management LLC now owns 86,387 shares of the computer hardware maker’s stock worth $10,672,000 after purchasing an additional 77,667 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Stock Performance

Shares of NVDA opened at $118.65 on Wednesday. The firm has a market cap of $2.91 trillion, a P/E ratio of 46.69, a PEG ratio of 2.16 and a beta of 1.62. The firm’s 50 day moving average price is $136.19 and its two-hundred day moving average price is $129.38. NVIDIA Co. has a twelve month low of $66.25 and a twelve month high of $153.13. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.64 and a current ratio of 4.10.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, November 20th. The computer hardware maker reported $0.81 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $33.15 billion. During the same quarter last year, the company posted $0.38 earnings per share. The company’s revenue for the quarter was up 93.6% compared to the same quarter last year. On average, analysts forecast that NVIDIA Co. will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Thursday, December 5th were given a dividend of $0.01 per share. The ex-dividend date was Thursday, December 5th. This represents a $0.04 annualized dividend and a dividend yield of 0.03%. NVIDIA’s dividend payout ratio is 1.57%.

Insider Activity at NVIDIA

In other NVIDIA news, Director Tench Coxe sold 1,000,000 shares of the business’s stock in a transaction that occurred 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 transaction, the director now directly owns 28,671,360 shares of the company’s stock, valued at approximately $3,763,402,713.60. The trade was a 3.37 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Colette Kress sold 66,670 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $135.40, for a total value of $9,027,118.00. Following the completion of the sale, the chief financial officer now directly owns 3,351,572 shares of the company’s stock, valued at $453,802,848.80. This trade represents a 1.95 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,108,348 shares of company stock valued at $146,506,958 over the last ninety days. 4.23% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts recently issued reports on NVDA shares. Rosenblatt Securities reiterated a “buy” rating and set a $220.00 price target on shares of NVIDIA in a report on Wednesday, January 8th. Oppenheimer reissued an “outperform” rating and issued a $175.00 target price on shares of NVIDIA in a research report on Thursday, November 21st. Cantor Fitzgerald reissued an “overweight” rating and issued a $200.00 price target on shares of NVIDIA in a research report on Monday, January 27th. Truist Financial raised their target price on NVIDIA from $148.00 to $167.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Finally, Raymond James upped their price target on shares of NVIDIA from $140.00 to $170.00 and gave the stock a “strong-buy” rating in a report on Thursday, November 14th. Four research analysts have rated the stock with a hold rating, thirty-eight have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $166.23.

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.