Holistic Planning LLC Raises Stock Position in NVIDIA Co. (NASDAQ:NVDA)

Holistic Planning LLC boosted its holdings in NVIDIA Co. (NASDAQ:NVDA) by 5.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 13,062 shares of the computer hardware maker’s stock after buying an additional 729 shares during the period. Holistic Planning LLC’s holdings in NVIDIA were worth $1,754,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of NVDA. International Assets Investment Management LLC boosted its holdings in shares of NVIDIA by 12,898.6% during the 3rd quarter. International Assets Investment Management LLC now owns 56,292,986 shares of the computer hardware maker’s stock valued at $6,836,220,000 after purchasing an additional 55,859,917 shares during the last quarter. Clear Street Derivatives LLC bought a new position in shares of NVIDIA during the 3rd quarter valued at about $4,589,905,000. Geode Capital Management LLC boosted its holdings in shares of NVIDIA by 2.2% during the 3rd quarter. Geode Capital Management LLC now owns 546,079,492 shares of the computer hardware maker’s stock valued at $66,101,133,000 after purchasing an additional 11,525,969 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in shares of NVIDIA by 2,556.1% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 8,605,913 shares of the computer hardware maker’s stock valued at $1,063,174,000 after purchasing an additional 8,281,902 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of NVIDIA by 3.8% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 180,403,789 shares of the computer hardware maker’s stock valued at $21,908,236,000 after purchasing an additional 6,526,200 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Tigress Financial reaffirmed a “buy” rating on shares of NVIDIA in a report on Wednesday. Loop Capital reaffirmed a “buy” rating and issued a $175.00 price target on shares of NVIDIA in a report on Wednesday, November 20th. UBS Group increased their price target on shares of NVIDIA from $150.00 to $185.00 and gave the company a “buy” rating in a report on Monday, November 11th. Truist Financial increased their price target on shares of NVIDIA from $204.00 to $205.00 and gave the company a “buy” rating in a report on Thursday. Finally, Summit Insights downgraded shares of NVIDIA from a “buy” rating to a “hold” rating in a report on Thursday. Five analysts have rated the stock with a hold rating, thirty-eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, NVIDIA has a consensus rating of “Moderate Buy” and a consensus target price of $169.62.

Insider Transactions at NVIDIA

In other news, Director Tench Coxe sold 1,000,000 shares of NVIDIA stock in a transaction on Monday, December 16th. The shares were sold at an average price of $131.26, for a total transaction of $131,260,000.00. Following the completion of the sale, the director now directly owns 28,671,360 shares in the company, valued at approximately $3,763,402,713.60. The trade was a 3.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Colette Kress sold 66,670 shares of NVIDIA stock in a transaction on Friday, December 13th. The stock was sold at an average price of $135.40, for a total transaction of $9,027,118.00. Following the sale, the chief financial officer now owns 3,351,572 shares of the company’s stock, valued at $453,802,848.80. The trade was a 1.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,107,632 shares of company stock worth $146,405,286. Company insiders own 4.23% of the company’s stock.

NVIDIA Price Performance

NASDAQ NVDA opened at $124.81 on Monday. The firm’s fifty day simple moving average is $134.19 and its two-hundred day simple moving average is $132.12. 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 12-month low of $75.61 and a 12-month high of $153.13. The firm has a market capitalization of $3.05 trillion, a P/E ratio of 49.12, a P/E/G ratio of 1.76 and a beta of 1.62.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Wednesday, February 26th. The computer hardware maker reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.05. NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. The business had revenue of $39.33 billion for the quarter, compared to analyst estimates of $38.16 billion. Analysts forecast that NVIDIA Co. will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th will be paid a dividend of $0.01 per share. The ex-dividend date is Wednesday, March 12th. This represents a $0.04 annualized dividend and a dividend yield of 0.03%. NVIDIA’s payout ratio is currently 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.