NVIDIA Corporation $NVDA Shares Sold by SS&H Financial Advisors Inc.

SS&H Financial Advisors Inc. lowered its stake in NVIDIA Corporation (NASDAQ:NVDAFree Report) by 3.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 133,291 shares of the computer hardware maker’s stock after selling 4,090 shares during the period. NVIDIA makes up approximately 7.3% of SS&H Financial Advisors Inc.’s holdings, making the stock its 2nd biggest position. SS&H Financial Advisors Inc.’s holdings in NVIDIA were worth $24,859,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in NVDA. Brighton Jones LLC lifted its position in shares of NVIDIA by 12.4% during the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock worth $43,631,000 after purchasing an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG lifted its position in shares of NVIDIA by 1.0% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock worth $315,100,000 after purchasing an additional 22,929 shares during the last quarter. Highview Capital Management LLC DE lifted its position in shares of NVIDIA by 6.7% during the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock worth $7,842,000 after purchasing an additional 3,653 shares during the last quarter. Hudson Value Partners LLC lifted its position in shares of NVIDIA by 30.7% during the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock worth $6,805,000 after purchasing an additional 11,900 shares during the last quarter. Finally, Wealth Group Ltd. lifted its position in shares of NVIDIA by 15.7% during the 1st quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock worth $715,000 after purchasing an additional 896 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Insider Buying and Selling

In other news, Director Mark A. Stevens sold 221,682 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $173.68, for a total value of $38,501,729.76. Following the sale, the director directly owned 7,399,771 shares in the company, valued at approximately $1,285,192,227.28. This represents a 2.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Ajay K. Puri sold 300,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $182.25, for a total value of $54,675,000.00. Following the completion of the sale, the executive vice president owned 3,018,547 shares in the company, valued at approximately $550,130,190.75. This represents a 9.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 1,153,976 shares of company stock worth $207,181,819. Insiders own 4.17% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on NVDA shares. BNP Paribas Exane boosted their price objective on NVIDIA from $260.00 to $270.00 and gave the stock an “outperform” rating in a research report on Thursday, February 26th. Morgan Stanley set a $260.00 price objective on NVIDIA in a research report on Monday, March 2nd. Wedbush boosted their price objective on NVIDIA from $230.00 to $300.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 3rd. Robert W. Baird boosted their price objective on NVIDIA from $275.00 to $300.00 and gave the stock an “outperform” rating in a research report on Thursday, February 26th. Finally, Citigroup began coverage on NVIDIA in a research note on Wednesday. They set a “buy” rating on the stock. Four research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $275.25.

Check Out Our Latest Report on NVIDIA

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

NVIDIA Trading Down 0.3%

Shares of NVDA opened at $198.35 on Friday. NVIDIA Corporation has a 12-month low of $95.04 and a 12-month high of $212.19. The company has a quick ratio of 3.24, a current ratio of 3.91 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $4.82 trillion, a price-to-earnings ratio of 40.48, a P/E/G ratio of 0.66 and a beta of 2.34. The stock’s 50-day moving average price is $183.04 and its 200 day moving average price is $184.87.

NVIDIA (NASDAQ:NVDAGet Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.54 by $0.08. NVIDIA had a return on equity of 97.37% and a net margin of 55.60%.The firm had revenue of $68.13 billion for the quarter, compared to analyst estimates of $65.56 billion. During the same period in the previous year, the company posted $0.89 earnings per share. The company’s quarterly revenue was up 73.2% compared to the same quarter last year. As a group, research analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 11th were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date was Wednesday, March 11th. NVIDIA’s dividend payout ratio is currently 0.82%.

NVIDIA Company Profile

(Free Report)

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company’s product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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