NVIDIA Co. (NASDAQ:NVDA) Holdings Raised by Bourgeon Capital Management LLC

Bourgeon Capital Management LLC increased its position in NVIDIA Co. (NASDAQ:NVDA) by 21.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,532 shares of the computer hardware maker’s stock after buying an additional 7,881 shares during the quarter. Bourgeon Capital Management LLC’s holdings in NVIDIA were worth $5,980,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Ironwood Wealth Management LLC. boosted its holdings 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 worth $782,000 after buying an additional 5,695 shares during the period. University of Texas Texas AM Investment Management Co. bought a new position in shares of NVIDIA during the 2nd quarter valued at $31,000. Wambolt & Associates LLC increased its holdings in shares of NVIDIA by 926.9% during the 2nd quarter. Wambolt & Associates LLC now owns 100,890 shares of the computer hardware maker’s stock valued at $12,541,000 after acquiring an additional 91,065 shares during the last quarter. Wealthgarden F.S. LLC bought a new position in shares of NVIDIA in the second quarter valued at approximately $2,881,000. Finally, Vanguard Capital Wealth Advisors raised its holdings in NVIDIA by 1,014.1% in the 2nd quarter. Vanguard Capital Wealth Advisors now owns 88,351 shares of the computer hardware maker’s stock worth $10,915,000 after acquiring an additional 80,421 shares during the period. Institutional investors own 65.27% of the company’s stock.

Insider Transactions at NVIDIA

In related news, insider Donald F. Robertson, Jr. sold 4,500 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $135.28, for a total transaction of $608,760.00. Following the transaction, the insider now directly owns 480,899 shares of the company’s stock, valued at approximately $65,056,016.72. The trade was a 0.93 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John Dabiri sold 716 shares of the firm’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $142.00, for a total value of $101,672.00. Following the sale, the director now directly owns 19,942 shares of the company’s stock, valued at $2,831,764. This represents a 3.47 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,108,348 shares of company stock worth $146,506,958 in the last ninety days. Insiders own 4.23% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on NVDA shares. Wedbush lifted their price target on NVIDIA from $160.00 to $175.00 and gave the stock an “outperform” rating in a research report on Thursday, November 21st. Tigress Financial upgraded NVIDIA from a “buy” rating to a “strong-buy” rating and increased their price objective for the stock from $170.00 to $220.00 in a research note on Tuesday, January 28th. Stifel Nicolaus raised their price objective on shares of NVIDIA from $165.00 to $180.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Benchmark restated a “buy” rating and issued a $190.00 target price on shares of NVIDIA in a research note on Tuesday, January 7th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $200.00 price target on shares of NVIDIA in a research note on Monday, January 27th. Four investment analysts have rated the stock with a hold rating, thirty-eight have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $166.23.

NVIDIA Stock Performance

Shares of NASDAQ NVDA opened at $131.14 on Thursday. 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 stock has a 50 day moving average price of $135.06 and a 200 day moving average price of $129.84. The stock has a market capitalization of $3.21 trillion, a PE ratio of 51.61, a price-to-earnings-growth ratio of 1.62 and a beta of 1.62. NVIDIA Co. has a 52 week low of $66.25 and a 52 week high of $153.13.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings data on Wednesday, November 20th. The computer hardware maker reported $0.81 EPS for the quarter, beating 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 company had revenue of $35.08 billion during the quarter, compared to the consensus estimate of $33.15 billion. During the same quarter in the prior year, the firm posted $0.38 EPS. The firm’s revenue for the quarter was up 93.6% compared to the same quarter last year. Analysts predict that NVIDIA Co. will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Thursday, December 5th were given a $0.01 dividend. 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 dividend payout ratio (DPR) is presently 1.57%.

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.