NVIDIA Co. (NASDAQ:NVDA) Shares Bought by Vontobel Holding Ltd.

Vontobel Holding Ltd. grew its stake in shares of NVIDIA Co. (NASDAQ:NVDA) by 5.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 691,496 shares of the computer hardware maker’s stock after purchasing an additional 32,961 shares during the quarter. NVIDIA makes up 1.7% of Vontobel Holding Ltd.’s portfolio, making the stock its 8th largest holding. Vontobel Holding Ltd.’s holdings in NVIDIA were worth $342,443,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Heartland Bank & Trust Co grew its position in NVIDIA by 1.6% in the 3rd quarter. Heartland Bank & Trust Co now owns 11,304 shares of the computer hardware maker’s stock valued at $4,917,000 after buying an additional 176 shares in the last quarter. Moody National Bank Trust Division boosted its stake in NVIDIA by 6.4% during the 3rd quarter. Moody National Bank Trust Division now owns 50,119 shares of the computer hardware maker’s stock valued at $21,801,000 after purchasing an additional 3,035 shares in the last quarter. Ayrshire Capital Management LLC increased its position in shares of NVIDIA by 6.6% during the 3rd quarter. Ayrshire Capital Management LLC now owns 549 shares of the computer hardware maker’s stock valued at $239,000 after purchasing an additional 34 shares during the period. Capital City Trust Co. FL lifted its holdings in NVIDIA by 162.1% in the 3rd quarter. Capital City Trust Co. FL now owns 3,551 shares of the computer hardware maker’s stock valued at $1,545,000 after acquiring an additional 2,196 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC raised its holdings in shares of NVIDIA by 3.5% in the 3rd quarter. Kohmann Bosshard Financial Services LLC now owns 1,412 shares of the computer hardware maker’s stock worth $614,000 after purchasing an additional 48 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on NVDA shares. Stifel Nicolaus reaffirmed a “buy” rating and set a $910.00 target price on shares of NVIDIA in a research report on Wednesday, March 20th. Oppenheimer boosted their target price on shares of NVIDIA from $850.00 to $1,100.00 and gave the company an “outperform” rating in a research note on Wednesday, March 20th. Jefferies Financial Group raised their target price on NVIDIA from $610.00 to $780.00 and gave the stock a “buy” rating in a research report on Thursday, February 22nd. Susquehanna reiterated a “positive” rating and issued a $1,050.00 price objective on shares of NVIDIA in a research note on Thursday, April 4th. Finally, Citigroup lifted their target price on shares of NVIDIA from $820.00 to $1,030.00 and gave the company a “buy” rating in a research note on Wednesday, March 20th. Four equities research analysts have rated the stock with a hold rating, thirty-eight have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $940.30.

NVIDIA Trading Up 4.4 %

Shares of NVDA opened at $795.18 on Tuesday. NVIDIA Co. has a 1 year low of $262.25 and a 1 year high of $974.00. The company has a current ratio of 4.17, a quick ratio of 3.67 and a debt-to-equity ratio of 0.20. The stock has a 50 day simple moving average of $846.17 and a 200-day simple moving average of $627.28. The stock has a market cap of $1.99 trillion, a PE ratio of 66.60, a PEG ratio of 1.09 and a beta of 1.73.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, February 21st. The computer hardware maker reported $5.16 EPS for the quarter, topping analysts’ consensus estimates of $4.21 by $0.95. NVIDIA had a return on equity of 93.61% and a net margin of 48.85%. The company had revenue of $22.10 billion for the quarter, compared to analyst estimates of $20.40 billion. During the same quarter in the previous year, the firm earned $0.65 earnings per share. The business’s revenue was up 265.3% on a year-over-year basis. On average, sell-side analysts predict that NVIDIA Co. will post 22.55 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Wednesday, March 6th were issued a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.02%. The ex-dividend date was Tuesday, March 5th. NVIDIA’s dividend payout ratio is 1.34%.

Insider Activity

In other news, Director Mark A. Stevens sold 10,000 shares of the firm’s stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $797.57, for a total value of $7,975,700.00. Following the transaction, the director now directly owns 1,124,583 shares in the company, valued at approximately $896,933,663.31. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other NVIDIA news, Director Mark A. Stevens sold 10,000 shares of the stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $797.57, for a total value of $7,975,700.00. Following the sale, the director now directly owns 1,124,583 shares in the company, valued at $896,933,663.31. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Donald F. Robertson, Jr. sold 450 shares of the business’s stock in a transaction dated Friday, March 22nd. The shares were sold at an average price of $911.62, for a total value of $410,229.00. Following the completion of the transaction, the insider now directly owns 49,815 shares of the company’s stock, valued at $45,412,350.30. The disclosure for this sale can be found here. In the last quarter, insiders have sold 61,278 shares of company stock valued at $52,689,898. 3.99% of the stock is currently owned by insiders.

NVIDIA Company Profile

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.