Windmill Hill Asset Management Ltd Invests $340,000 in NVIDIA Co. (NASDAQ:NVDA)

Windmill Hill Asset Management Ltd acquired a new position in NVIDIA Co. (NASDAQ:NVDA) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 687 shares of the computer hardware maker’s stock, valued at approximately $340,000.

A number of other institutional investors have also recently made changes to their positions in NVDA. LFA Lugano Financial Advisors SA acquired a new stake in shares of NVIDIA during the 4th quarter valued at about $28,000. Peoples Financial Services CORP. acquired a new stake in NVIDIA in the 3rd quarter worth about $30,000. Your Advocates Ltd. LLP acquired a new stake in NVIDIA in the 3rd quarter worth about $30,000. O Brien Wealth Partners LLC boosted its holdings in NVIDIA by 139.5% in the 4th quarter. O Brien Wealth Partners LLC now owns 91 shares of the computer hardware maker’s stock worth $45,000 after buying an additional 53 shares during the last quarter. Finally, Trivant Custom Portfolio Group LLC boosted its holdings in NVIDIA by 44.1% in the 3rd quarter. Trivant Custom Portfolio Group LLC now owns 98 shares of the computer hardware maker’s stock worth $43,000 after buying an additional 30 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Analysts Set New Price Targets

NVDA has been the topic of several research analyst reports. Needham & Company LLC lifted their price objective on NVIDIA from $600.00 to $850.00 and gave the stock a “buy” rating in a report on Thursday, February 22nd. Truist Financial boosted their target price on NVIDIA from $911.00 to $1,177.00 and gave the stock a “buy” rating in a report on Monday, March 18th. Evercore ISI began coverage on NVIDIA in a report on Tuesday. They set an “outperform” rating and a $1,160.00 target price on the stock. Rosenblatt Securities restated a “buy” rating and set a $1,100.00 target price on shares of NVIDIA in a report on Tuesday, February 20th. Finally, Wolfe Research boosted their target price on NVIDIA from $630.00 to $900.00 and gave the stock an “outperform” rating in a report on Thursday, February 22nd. Four equities research analysts have rated the stock with a hold rating, thirty-eight have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $940.30.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 10,000 shares of the stock in a transaction dated 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 completion of the transaction, the director now directly owns 1,124,583 shares of the company’s stock, valued at $896,933,663.31. The sale was disclosed in a filing with the SEC, which is available at this link. In other NVIDIA news, Director Mark A. Stevens sold 22,700 shares of the stock in a transaction dated Friday, April 5th. The shares were sold at an average price of $879.97, for a total value of $19,975,319.00. Following the completion of the transaction, the director now directly owns 1,052,133 shares of the company’s stock, valued at $925,845,476.01. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Mark A. Stevens sold 10,000 shares of the stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $797.57, for a total transaction of $7,975,700.00. Following the completion of the transaction, the director now directly owns 1,124,583 shares of the company’s stock, valued at $896,933,663.31. The disclosure for this sale can be found here. Over the last three months, insiders sold 61,278 shares of company stock valued at $52,689,898. Corporate insiders own 3.99% of the company’s stock.

NVIDIA Trading Up 1.6 %

NASDAQ NVDA opened at $874.15 on Wednesday. The stock has a market capitalization of $2.19 trillion, a P/E ratio of 73.21, a P/E/G ratio of 1.27 and a beta of 1.73. NVIDIA Co. has a 52-week low of $262.25 and a 52-week high of $974.00. The firm has a 50-day moving average price of $838.10 and a 200 day moving average price of $616.90. The company has a quick ratio of 3.67, a current ratio of 4.17 and a debt-to-equity ratio of 0.20.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings results on Wednesday, February 21st. The computer hardware maker reported $5.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.21 by $0.95. The firm had revenue of $22.10 billion during the quarter, compared to analysts’ expectations of $20.40 billion. NVIDIA had a net margin of 48.85% and a return on equity of 93.61%. The firm’s revenue for the quarter was up 265.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.65 earnings per share. Equities research analysts expect that NVIDIA Co. will post 22.45 EPS for the current year.

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Wednesday, March 6th were issued a $0.04 dividend. The ex-dividend date was Tuesday, March 5th. This represents a $0.16 dividend on an annualized basis and a yield of 0.02%. NVIDIA’s dividend payout ratio (DPR) is presently 1.34%.

About NVIDIA

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.