Juncture Wealth Strategies LLC Buys 640 Shares of NVIDIA Co. (NASDAQ:NVDA)

Juncture Wealth Strategies LLC lifted its stake in NVIDIA Co. (NASDAQ:NVDA) by 6.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,710 shares of the computer hardware maker’s stock after purchasing an additional 640 shares during the period. Juncture Wealth Strategies LLC’s holdings in NVIDIA were worth $1,438,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the stock. Insight Inv LLC acquired a new position in NVIDIA during the 4th quarter valued at about $315,000. Stewardship Advisors LLC raised its stake in shares of NVIDIA by 22.0% during the fourth quarter. Stewardship Advisors LLC now owns 7,750 shares of the computer hardware maker’s stock worth $1,041,000 after buying an additional 1,397 shares during the last quarter. Grange Capital LLC acquired a new position in NVIDIA in the fourth quarter valued at approximately $3,375,000. CFS Investment Advisory Services LLC boosted its stake in NVIDIA by 4.4% in the fourth quarter. CFS Investment Advisory Services LLC now owns 45,232 shares of the computer hardware maker’s stock valued at $6,074,000 after acquiring an additional 1,897 shares during the last quarter. Finally, Lantz Financial LLC grew its holdings in NVIDIA by 2.2% during the 4th quarter. Lantz Financial LLC now owns 41,558 shares of the computer hardware maker’s stock worth $5,581,000 after acquiring an additional 890 shares during the period. Institutional investors own 65.27% of the company’s stock.

NVIDIA Price Performance

NASDAQ:NVDA opened at $138.85 on Tuesday. The stock has a market capitalization of $3.40 trillion, a PE ratio of 54.64, a P/E/G ratio of 1.62 and a beta of 1.62. NVIDIA Co. has a 1-year low of $66.25 and a 1-year high of $153.13. The firm has a fifty day simple moving average of $134.52 and a 200 day simple moving average of $130.35. 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 (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, November 20th. The computer hardware maker reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.12. The company had revenue of $35.08 billion during the quarter, compared to the consensus estimate of $33.15 billion. NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. The company’s quarterly revenue was up 93.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.38 EPS. On average, research analysts expect that NVIDIA Co. will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Thursday, December 5th were paid a $0.01 dividend. 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%.

Insider Activity

In other NVIDIA news, Director John Dabiri sold 716 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $142.00, for a total value of $101,672.00. Following the transaction, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Tench Coxe sold 1,000,000 shares of the business’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $131.26, for a total value of $131,260,000.00. Following the completion of the sale, the director now owns 28,671,360 shares of the company’s stock, valued at $3,763,402,713.60. This trade represents a 3.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,108,348 shares of company stock valued at $146,506,958 over the last three months. Insiders own 4.23% of the company’s stock.

Analyst Ratings Changes

NVDA has been the topic of a number of analyst reports. Cantor Fitzgerald reissued an “overweight” rating and issued a $200.00 price target on shares of NVIDIA in a research note on Monday, January 27th. UBS Group raised their target price on NVIDIA from $150.00 to $185.00 and gave the stock a “buy” rating in a report on Monday, November 11th. Susquehanna upped their price target on NVIDIA from $160.00 to $180.00 and gave the company a “positive” rating in a research note on Thursday, November 14th. Evercore ISI lifted their price objective on shares of NVIDIA from $189.00 to $190.00 and gave the stock an “outperform” rating in a research note on Thursday, November 21st. Finally, Stifel Nicolaus increased their target price on shares of NVIDIA from $165.00 to $180.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Four equities research analysts have rated the stock with a hold rating, thirty-seven have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, NVIDIA presently has a consensus rating of “Moderate Buy” and a consensus price target of $168.21.

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.