Capital Advisors Ltd. LLC Purchases 140 Shares of NVIDIA Co. (NASDAQ:NVDA)

Capital Advisors Ltd. LLC grew its holdings in shares of NVIDIA Co. (NASDAQ:NVDA) by 0.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 17,365 shares of the computer hardware maker’s stock after buying an additional 140 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in NVIDIA were worth $2,332,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Midwest Capital Advisors LLC bought a new position in NVIDIA in the 4th quarter valued at $803,000. Colonial River Investments LLC boosted its stake in shares of NVIDIA by 2.2% during the fourth quarter. Colonial River Investments LLC now owns 89,696 shares of the computer hardware maker’s stock valued at $12,045,000 after purchasing an additional 1,921 shares during the period. Partners Wealth Management LLC bought a new position in shares of NVIDIA in the fourth quarter worth about $1,285,000. Black Diamond Financial LLC increased its stake in NVIDIA by 7.8% in the 4th quarter. Black Diamond Financial LLC now owns 19,195 shares of the computer hardware maker’s stock worth $2,578,000 after buying an additional 1,386 shares during the period. Finally, BCGM Wealth Management LLC lifted its holdings in NVIDIA by 2.0% during the 4th quarter. BCGM Wealth Management LLC now owns 17,992 shares of the computer hardware maker’s stock valued at $2,416,000 after buying an additional 356 shares in the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at NVIDIA

In other news, Director John Dabiri sold 2,663 shares of the company’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $110.00, for a total value of $292,930.00. Following the completion of the sale, the director now directly owns 17,279 shares of the company’s stock, valued at approximately $1,900,690. This represents a 13.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Donald F. Robertson, Jr. sold 4,500 shares of the firm’s stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $116.80, for a total value of $525,600.00. Following the transaction, the insider now directly owns 479,428 shares in the company, valued at approximately $55,997,190.40. This represents a 0.93 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 183,609 shares of company stock worth $22,642,615. 4.23% of the stock is owned by insiders.

NVIDIA Stock Down 1.6 %

NVIDIA stock opened at $109.67 on Monday. The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $2.68 trillion, a P/E ratio of 43.16, a P/E/G ratio of 1.76 and a beta of 1.77. The stock’s fifty day simple moving average is $125.01 and its 200-day simple moving average is $131.61. NVIDIA Co. has a twelve month low of $75.61 and a twelve month high of $195.95.

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 analysts’ consensus estimates of $0.84 by $0.05. NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. The company had revenue of $39.33 billion during the quarter, compared to the consensus estimate of $38.16 billion. As a group, equities analysts expect that NVIDIA Co. will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 12th will be given a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.04%. The ex-dividend date is Wednesday, March 12th. NVIDIA’s dividend payout ratio (DPR) is 1.36%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on NVDA. Barclays lifted their target price on NVIDIA from $160.00 to $175.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. Morgan Stanley set a $162.00 target price on NVIDIA and gave the stock an “overweight” rating in a research note on Wednesday, March 19th. Needham & Company LLC reaffirmed a “buy” rating and set a $160.00 price target on shares of NVIDIA in a research report on Wednesday, March 19th. Rosenblatt Securities reissued a “buy” rating and set a $220.00 target price on shares of NVIDIA in a research note on Wednesday, March 19th. Finally, Mizuho cut their target price on shares of NVIDIA from $175.00 to $168.00 and set an “outperform” rating for the company in a research note on Friday, March 14th. Four analysts have rated the stock with a hold rating, thirty-seven have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, NVIDIA currently has an average rating of “Moderate Buy” and a consensus target price of $171.51.

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.