NVIDIA Co. (NASDAQ:NVDA) Shares Purchased by Sapient Capital LLC

Sapient Capital LLC raised its stake in NVIDIA Co. (NASDAQ:NVDA) by 1.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 806,146 shares of the computer hardware maker’s stock after purchasing an additional 14,898 shares during the quarter. NVIDIA makes up about 2.1% of Sapient Capital LLC’s portfolio, making the stock its 10th biggest holding. Sapient Capital LLC’s holdings in NVIDIA were worth $108,257,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Paladin Wealth LLC increased its holdings in NVIDIA by 11.2% during the fourth quarter. Paladin Wealth LLC now owns 21,207 shares of the computer hardware maker’s stock worth $2,848,000 after buying an additional 2,139 shares during the last quarter. Pineridge Advisors LLC increased its stake in shares of NVIDIA by 95.8% during the 4th quarter. Pineridge Advisors LLC now owns 2,818 shares of the computer hardware maker’s stock worth $378,000 after purchasing an additional 1,379 shares during the last quarter. Panoramic Capital Partners LLC acquired a new position in shares of NVIDIA during the 4th quarter worth about $2,095,000. International Private Wealth Advisors LLC raised its holdings in shares of NVIDIA by 202.0% in the 4th quarter. International Private Wealth Advisors LLC now owns 21,960 shares of the computer hardware maker’s stock valued at $2,949,000 after purchasing an additional 14,688 shares during the period. Finally, First National Corp MA ADV lifted its stake in NVIDIA by 6.9% in the 4th quarter. First National Corp MA ADV now owns 13,746 shares of the computer hardware maker’s stock valued at $1,846,000 after purchasing an additional 883 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on the company. Oppenheimer restated an “outperform” rating and issued a $175.00 price objective on shares of NVIDIA in a research note on Thursday, November 21st. Deutsche Bank Aktiengesellschaft increased their price target on NVIDIA from $115.00 to $140.00 and gave the company a “hold” rating in a research note on Thursday, November 21st. Summit Insights cut shares of NVIDIA from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th. Evercore ISI increased their price objective on shares of NVIDIA from $189.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. Finally, DA Davidson restated a “neutral” rating and set a $135.00 target price on shares of NVIDIA in a research note on Thursday, February 27th. Four research analysts have rated the stock with a hold rating, thirty-seven have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $171.69.

Insider Transactions at NVIDIA

In related news, Director Tench Coxe sold 1,000,000 shares of NVIDIA stock in a transaction that occurred 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 sale, the director now directly owns 28,671,360 shares in the company, valued at $3,763,402,713.60. This trade represents a 3.37 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John Dabiri sold 2,663 shares of the company’s stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $110.00, for a total transaction of $292,930.00. Following the completion of the transaction, the director now owns 17,279 shares of the company’s stock, valued at approximately $1,900,690. This trade represents a 13.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,039,125 shares of company stock worth $137,062,338. Insiders own 4.23% of the company’s stock.

NVIDIA Price Performance

NVDA stock opened at $115.58 on Friday. The stock has a market cap of $2.82 trillion, a price-to-earnings ratio of 45.49, a P/E/G ratio of 1.76 and a beta of 1.77. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.64. The company has a 50 day simple moving average of $129.71 and a 200 day simple moving average of $131.20. NVIDIA Co. has a 1 year low of $75.61 and a 1 year high of $153.13.

NVIDIA (NASDAQ:NVDA) last announced 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 company had revenue of $39.33 billion during the quarter, compared to the consensus estimate of $38.16 billion. Research analysts anticipate that NVIDIA Co. will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently declared 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. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.03%. The ex-dividend date of this dividend is Wednesday, March 12th. NVIDIA’s payout ratio is 1.36%.

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.