Curated Wealth Partners LLC Buys 215 Shares of NVIDIA Co. (NASDAQ:NVDA)

Curated Wealth Partners LLC raised its stake in NVIDIA Co. (NASDAQ:NVDA) by 0.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 29,051 shares of the computer hardware maker’s stock after buying an additional 215 shares during the quarter. NVIDIA comprises approximately 0.4% of Curated Wealth Partners LLC’s investment portfolio, making the stock its 13th biggest holding. Curated Wealth Partners LLC’s holdings in NVIDIA were worth $3,901,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Ironwood Wealth Management LLC. raised 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 valued at $782,000 after purchasing an additional 5,695 shares during the last quarter. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of NVIDIA in the second quarter valued at approximately $31,000. Abound Wealth Management raised its holdings in shares of NVIDIA by 931.4% in the second quarter. Abound Wealth Management now owns 11,211 shares of the computer hardware maker’s stock valued at $1,385,000 after purchasing an additional 10,124 shares during the last quarter. Greenwich Wealth Management LLC raised its holdings in shares of NVIDIA by 906.2% in the second quarter. Greenwich Wealth Management LLC now owns 1,789,541 shares of the computer hardware maker’s stock valued at $221,080,000 after purchasing an additional 1,611,682 shares during the last quarter. Finally, Valley Forge Investment Consultants Inc. ADV raised its holdings in shares of NVIDIA by 964.1% in the second quarter. Valley Forge Investment Consultants Inc. ADV now owns 4,980 shares of the computer hardware maker’s stock valued at $615,000 after purchasing an additional 4,512 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

NVIDIA Trading Up 2.6 %

Shares of NVIDIA stock opened at $138.85 on Monday. The firm has a 50-day moving average of $134.52 and a 200-day moving average of $130.26. The stock has a market cap of $3.40 trillion, a PE ratio of 54.64, a PEG 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. 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 posted its quarterly earnings data on Wednesday, November 20th. The computer hardware maker reported $0.81 earnings per share for the quarter, topping 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 business had revenue of $35.08 billion during the quarter, compared to analysts’ expectations of $33.15 billion. During the same quarter in the prior year, the business posted $0.38 earnings per share. NVIDIA’s revenue was up 93.6% compared to the same quarter last year. As a group, sell-side analysts forecast that NVIDIA Co. will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The company also recently disclosed 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 yield of 0.03%. NVIDIA’s dividend payout ratio is 1.57%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on NVDA. Loop Capital reiterated a “buy” rating and issued a $175.00 price objective on shares of NVIDIA in a report on Wednesday, November 20th. HSBC lowered their price objective on shares of NVIDIA from $195.00 to $185.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Robert W. Baird boosted their target price on shares of NVIDIA from $150.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday, November 21st. UBS Group boosted their target price on shares of NVIDIA from $150.00 to $185.00 and gave the stock a “buy” rating in a report on Monday, November 11th. Finally, Wells Fargo & Company boosted their target price on shares of NVIDIA from $165.00 to $185.00 and gave the stock an “overweight” rating in a report on Thursday, November 21st. Four equities research analysts have rated the stock with a hold rating, thirty-seven have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $168.21.

Insider Buying and Selling

In related news, CFO Colette Kress sold 66,670 shares of the company’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $135.40, for a total transaction of $9,027,118.00. Following the completion of the sale, the chief financial officer now owns 3,351,572 shares of the company’s stock, valued at $453,802,848.80. This represents a 1.95 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Tench Coxe sold 1,000,000 shares of the business’s stock in a transaction dated 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 position. The disclosure for this sale can be found here. Insiders sold 1,108,348 shares of company stock valued at $146,506,958 over the last quarter. 4.23% of the stock is owned by company insiders.

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.