According to the latest disclosure made by the Securities and Exchange Commission, (SEC), the fund's stock rose 2.3% during the fourth quarter. The fund held 72,434 of the stock of the computer hardware manufacturer after selling 1,700 during the quarter. NVIDIA is the 9th most important stock for IPG Investment Advisors LLC, with a stake of about 3.0%. IPG Investment Advisors LLC held NVIDIA shares worth $10,586,000 as of the latest reporting period.
Recent changes in positions by other institutional investors has also occurred. United Bank increased its stake in NVIDIA shares by 28.9% over the first quarter. United Bank owns 7,717 of the stock in the computer hardware manufacturer, worth $2.106,000. It acquired an additional 1,730 during the period. Mirae Asset Global Investments Co. Ltd. increased its holdings of NVIDIA during the first quarter. Mirae Asset Global Investments Co. Ltd. owns 3,904,772 of the computer maker's shares valued at $1.065,457,000, after adding 249,045 additional shares during the period. MAS Advisors LLC increased its holdings of NVIDIA by 42.1% in the first quarter. MAS Advisors LLC owns 1,967 of the computer maker's shares valued at $545,000, after acquiring 583 additional shares during the period. Navis Wealth Advisors LLC increased its holdings of NVIDIA during the first quarter. Navis Wealth Advisors LLC owns 2,900 of the computer maker's shares valued at $791,000. This is after purchasing an additional 1,950 during the period. Ergoteles LLC also acquired a stake in NVIDIA valued at $929,000 during the first quarter. During trading hours, the stock rose $7.12 to $394.82. The company's shares changed hands 38,871,506 times, as opposed to the average of 48,557.191. NVIDIA Co.'s 52-week low is $108.13, and its 52-week highest is $419.38. The company has a $975.21 billion market cap, a PE of 201.93, PEG of 2.68, and beta of 1.75. The company has a simple moving-average of $307.35 for the last 50 days and $237.20 for the past 200 days. The debt-to equity ratio is 0.40. Current ratios are 3.43, and quick ratios are 2.79.
The last time ) released its quarterly results was on May 24th. Computer hardware maker NVIDIA reported $1.09 in earnings per share for the third quarter, exceeding analysts' expectations of $0.92. NVIDIA's net margin was 18.52 % and its return on equity was 23.63 %. The company's revenue was $7.19 billion, which is higher than analysts' expectations. In the same quarter last year, NVIDIA posted $1.18 in earnings per share. NVIDIA's revenues were down 13.2% year-over-year. Analysts on the sell-side expect NVIDIA Co. to post 6.29 earnings per share for this fiscal year.
NVIDIA Dividend Announcement
Recently, the business announced that it would be paying a quarterly distribution on Friday 30th June. Dividends will be paid to stockholders who were in the record as of Thursday, June 8. The ex-dividend day is Wednesday, 7th June. The dividend yield is 0.04%. This dividend represents an annualized $0.16 and a dividend of $0.16. NVIDIA has a dividend payout ratio of 8.33%.
Analyst Ratings Changes
NVDA has been the subject of recent research by a number of firms. In a report published on Thursday 18th May, the research firm began covering shares of NVIDIA. The company was given a rating of 'hold'. In a report published on March 22nd, TD Cowen increased their price target on NVIDIA shares from $260.00 up to $300.00. They also gave the company a 'outperform rating'. Tigress Financial raised their price target on NVIDIA to $320.00 from $250.00 and gave the stock an 'outperform' rating in a report on Thursday, 30th March. Sanford C. Bernstein raised their target price for NVIDIA in a research report on Thursday, 25th May from $300.00 up to $475.00. One analyst gave the stock a sell recommendation, seven assigned a "hold" rating, 29 have given a "buy" rating, and 1 has given a "strong buy" rating. MarketBeat data shows that the stock's consensus rating is 'Moderate' Buy with an average price target of $381.08.
Insider Transactions in NVIDIA
The transaction took place on June 1, 2015. 383 shares were sold. The shares were sold for an average price $384.89 and a total of $147.412.87. After the transaction was completed, the director owns directly 2,034 shares of the company valued at $782,866.26. The transaction took place on June 1, 2015. 383 shares were sold. The shares were sold for an average price $384.89 and a total of $147.412.87. After the completion of the deal, the director owns directly 2,034 shares valued at $782,866.26. The business sold 6,124 shares in a transaction on May 30th. The stock was bought at a price of $406.51, resulting in a transaction total of $2,489 467.24. After the transaction was completed, the chief executive officer now holds 538,745 of the company's shares, valued at approximately $219,005,229.95. Insiders sold 134,591 company shares valued at $48.950.250 in the past three months. Insiders hold 3.99% of the stock.
NVIDIA - About NVIDIA
NVIDIA Corp. designs and manufactures computer graphics processors and chipsets. It also produces multimedia software. It is divided into three segments: Graphics Processing Units (GPU), Tegra Processors, and All Other. The GPU segment consists mainly of product brands such as GeForce and Quadro, which are aimed at gamers and designers, Tesla and DGX, for AI data scientists, big data researchers and data scientists, and GRID, for cloud-based visual computation users.
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