NVIDIA Corporation (NVDA) Shares Bought by Atria Investments LLC

Atria Investments LLC grew its stake in NVIDIA Corporation (NASDAQ:NVDA) by 18.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 14,249 shares of the computer hardware maker’s stock after buying an additional 2,202 shares during the period. Atria Investments LLC’s holdings in NVIDIA were worth $2,757,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Carnegie Capital Asset Management LLC raised its holdings in shares of NVIDIA by 0.4% during the second quarter. Carnegie Capital Asset Management LLC now owns 7,371 shares of the computer hardware maker’s stock worth $1,212,000 after purchasing an additional 30 shares during the last quarter. Pinebridge Investments L.P. raised its holdings in shares of NVIDIA by 1.8% during the second quarter. Pinebridge Investments L.P. now owns 1,872 shares of the computer hardware maker’s stock worth $271,000 after purchasing an additional 33 shares during the last quarter. BRYN MAWR TRUST Co raised its holdings in shares of NVIDIA by 1.0% during the second quarter. BRYN MAWR TRUST Co now owns 5,050 shares of the computer hardware maker’s stock worth $731,000 after purchasing an additional 50 shares during the last quarter. Arete Wealth Advisors LLC raised its holdings in shares of NVIDIA by 1.7% during the second quarter. Arete Wealth Advisors LLC now owns 2,934 shares of the computer hardware maker’s stock worth $424,000 after purchasing an additional 50 shares during the last quarter. Finally, HCR Wealth Advisors raised its holdings in shares of NVIDIA by 4.8% during the second quarter. HCR Wealth Advisors now owns 2,202 shares of the computer hardware maker’s stock worth $318,000 after purchasing an additional 100 shares during the last quarter. 63.40% of the stock is owned by institutional investors and hedge funds.

Shares of NVIDIA Corporation (NASDAQ NVDA) opened at $224.72 on Thursday. The stock has a market cap of $136,180.00, a P/E ratio of 56.18, a PEG ratio of 5.19 and a beta of 1.18. NVIDIA Corporation has a 52 week low of $95.17 and a 52 week high of $227.51. The company has a quick ratio of 7.42, a current ratio of 8.26 and a debt-to-equity ratio of 0.31.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Thursday, November 9th. The computer hardware maker reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.39. The business had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.36 billion. NVIDIA had a net margin of 28.78% and a return on equity of 42.71%. The business’s revenue was up 31.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.94 EPS. sell-side analysts anticipate that NVIDIA Corporation will post 4.19 earnings per share for the current fiscal year.

Several brokerages recently issued reports on NVDA. Mizuho reissued a “buy” rating and set a $240.00 target price (up previously from $225.00) on shares of NVIDIA in a report on Tuesday. BidaskClub raised shares of NVIDIA from a “buy” rating to a “strong-buy” rating in a report on Thursday, January 11th. Citigroup reissued a “buy” rating and set a $210.00 target price (up previously from $185.00) on shares of NVIDIA in a report on Friday, September 29th. B. Riley reissued a “buy” rating and set a $270.00 target price on shares of NVIDIA in a report on Monday, January 8th. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of NVIDIA in a report on Saturday, September 23rd. Four equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating, twenty-three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $192.45.

In related news, Director Dawn E. Hudson sold 15,000 shares of NVIDIA stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $213.44, for a total value of $3,201,600.00. Following the completion of the transaction, the director now owns 46,868 shares in the company, valued at $10,003,505.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Persis Drell sold 606 shares of NVIDIA stock in a transaction that occurred on Wednesday, December 20th. The shares were sold at an average price of $197.07, for a total transaction of $119,424.42. Following the completion of the transaction, the director now owns 26,104 shares of the company’s stock, valued at approximately $5,144,315.28. The disclosure for this sale can be found here. Insiders sold a total of 19,858 shares of company stock worth $4,227,384 over the last three months. Insiders own 5.17% of the company’s stock.

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NVIDIA Company Profile

Nvidia Corporation focuses on personal computer (PC) graphics, graphics processing unit (GPU) and also on artificial intelligence (AI). The Company’s operates through two segments: GPU and Tegra Processor. The Company’s GPU product brands are aimed at specialized markets, including GeForce for gamers; Quadro for designers; Tesla and DGX for AI data scientists and big data researchers; and GRID for cloud-based visual computing users.

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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