CAPROCK Group Inc. Grows Inventory Holdings in NVIDIA Co. (NASDAQ:NVDA)


CAPROCK Group Inc. grew its holdings in shares of NVIDIA Co. (NASDAQ:NVDAGet Ranking) by 10.4% within the 1st quarter, Holdings Channel.com studies. The agency owned 42,733 shares of the pc {hardware} maker’s inventory after buying a further 4,023 shares throughout the interval. NVIDIA makes up roughly 1.1% of CAPROCK Group Inc.’s portfolio, making the inventory its sixteenth largest holding. CAPROCK Group Inc.’s holdings in NVIDIA have been value $11,661,000 on the finish of the latest quarter.

A number of different hedge funds have additionally added to or lowered their stakes in NVDA. Norges Financial institution bought a brand new place in NVIDIA within the 4th quarter value roughly $6,279,217,000. UBS Asset Administration Americas Inc. its holdings raised in NVIDIA by 296.4% within the third quarter. UBS Asset Administration Americas Inc. now owns 13,108,247 shares of the pc {hardware} maker’s inventory value $2,715,504,000 after buying a further 9,801,806 shares over the last quarter. BlackRock Inc. its holdings raised in NVIDIA by 2.1% within the 4th quarter. BlackRock Inc. now owns 177,839,722 shares of the pc {hardware} maker’s inventory value $52,304,441,000 after buying a further 3,591,440 shares over the last quarter. Nationwide Pension Service raised its holdings in NVIDIA by 297.3% within the third quarter. Nationwide Pension Service now owns 3,167,168 shares of the pc {hardware} maker’s inventory value $656,111,000 after buying a further 2,370,034 shares over the last quarter. Lastly, TD Asset Administration Inc. raised its holdings in NVIDIA by 56.5% within the 4th quarter. TD Asset Administration Inc. now owns 5,846,984 shares of the pc {hardware} maker’s inventory value $1,719,657,000 after buying a further 2,111,668 shares over the last quarter. Hedge funds and different institutional traders personal 55.19% of the corporate’s inventory.

NVIDIA inventory opened at $163.60 on Thursday. The corporate has a debt-to-equity ratio of 0.42, a present ratio of 5.32 and a fast ratio of 4.75. NVIDIA Co. has a 1-year low of $153.28 and a 1-year excessive of $346.47. The agency has a market capitalization of $409 billion, a P/E ratio of 43.86, a price-to-earnings-growth ratio of two.13 and a beta of 1.59. The corporate’s 50-day shifting common is $182.37 and its 200 day shifting common is $232.99.

NVIDIA (NASDAQ:NVDAGet Ranking) final posted its quarterly earnings information on Wednesday, Might twenty fifth. The pc {hardware} maker reported $1.36 earnings per share for the quarter, topping analysts’ consensus estimates of $1.29 by $0.07. NVIDIA had a web margin of 32.02% and a return on fairness of 43.81%. The corporate had income of $8.29 billion for the quarter, in comparison with analyst estimates of $8.09 billion. Throughout the identical interval within the prior yr, the corporate posted $0.78 EPS. The agency’s income for the quarter was up 46.4% on a year-over-year foundation. Analysis analysts anticipate that NVIDIA Co. will put up 4.54 earnings per share for the present fiscal yr.

The corporate additionally just lately disclosed a quarterly dividend, which shall be paid on Friday, July 1st. Buyers of file on Thursday, June ninth shall be given a $0.04 dividend. This represents a $0.16 dividend on an annualized foundation and a yield of 0.10%. The ex-dividend date is Wednesday, June eighth. NVIDIA’s dividend payout ratio (DPR) is at the moment 4.29%.

NVDA has been the topic of various current analyst studies. Citigroup decreased their worth goal on shares of NVIDIA from $350.00 to $315.00 and set a “purchase” ranking for the corporate in a report on Thursday, Might twenty sixth. Robert W. Baird reduce their goal worth on shares of NVIDIA from $225.00 to $165.00 and set a “impartial” ranking for the corporate in a analysis report on Friday, Might twenty seventh. Tigress Monetary boosted their worth goal on shares of NVIDIA from $400.00 to $410.00 and gave the corporate a “purchase” ranking in a analysis report on Tuesday, March twenty ninth. Deutsche Financial institution Aktiengesellschaft reduce their goal worth on shares of NVIDIA from $255.00 to $190.00 in a analysis report on Thursday, Might twenty sixth. Lastly, Piper Sandler reduce their worth goal on shares of NVIDIA from $350.00 to $250.00 and set an “obese” ranking for the corporate in a analysis report on Wednesday, Might twenty fifth. Seven analysts have rated the inventory with a maintain ranking, twenty-seven have issued a purchase ranking and one has issued a powerful purchase ranking to the inventory. In keeping with information from MarketBeat, NVIDIA has a median ranking of “Average Purchase” and a consensus goal worth of $270.97.

In associated information, EVP Debora Shoquist bought 23,644 shares of the enterprise’s inventory in a transaction dated Wednesday, June eighth. The shares have been bought at a median worth of $188.23, for a complete transaction of $4,450,510.12. Following the transaction, the manager vice chairman now instantly owns 186,476 shares within the firm, valued at $35,100,377.48. The transaction was disclosed in a doc filed with the Securities & Change Fee, which is accessible by means of this hyperlink. Additionally, Director Mark A. Stevens bought 113,850 shares of the enterprise’s inventory in a transaction dated Monday, June thirteenth. The shares have been bought at a median worth of $158.03, for a complete transaction of $17,991,715.50. Following the completion of the transaction, the director now owns 2,596,493 shares within the firm, valued at $410,323,788.79. The disclosure for this sale will be discovered right here. Insiders bought a complete of 239,694 shares of firm inventory value $50,256,524 during the last three months. 4.04% of the inventory is at the moment owned by company insiders.

NVIDIA Firm Profile (Get Ranking)

NVIDIA Company gives graphics, and compute and networking options in the US, Taiwan, China, and internationally. The corporate’s Graphics phase presents GeForce GPUs for gaming and PCs, the GeForce NOW sport streaming service and associated infrastructure, and options for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; vGPU software program for cloud-based visible and digital computing; automotive platforms for infotainment programs; and Omniverse software program for constructing 3D designs and digital worlds.

Really helpful Tales

Wish to see what different hedge funds are holding NVDA? Go to HoldingsChannel.com to get the newest 13F filings and insider trades for NVIDIA Co. (NASDAQ:NVDAGet Ranking).

Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)



Obtain Information & Rankings for NVIDIA Every day – Enter your electronic mail handle under to obtain a concise day by day abstract of the newest information and analysts’ scores for NVIDIA and associated corporations with MarketBeat.com’s FREE day by day electronic mail publication.

.

Leave a Comment