Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 13.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 89,730 shares of the computer hardware maker’s stock after purchasing an additional 10,292 shares during the quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in NVIDIA Corporation were worth $16,041,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Thompson Davis & CO. Inc. increased its position in shares of NVIDIA Corporation by 0.7% in the second quarter. Thompson Davis & CO. Inc. now owns 822 shares of the computer hardware maker’s stock valued at $119,000 after acquiring an additional 6 shares during the period. Family Firm Inc. increased its position in shares of NVIDIA Corporation by 0.7% in the second quarter. Family Firm Inc. now owns 1,968 shares of the computer hardware maker’s stock valued at $284,000 after acquiring an additional 13 shares during the period. Appleton Partners Inc. MA increased its position in shares of NVIDIA Corporation by 1.2% in the second quarter. Appleton Partners Inc. MA now owns 2,570 shares of the computer hardware maker’s stock valued at $372,000 after acquiring an additional 30 shares during the period. Carnegie Capital Asset Management LLC increased its position in shares of NVIDIA Corporation by 0.4% in the second quarter. Carnegie Capital Asset Management LLC now owns 7,371 shares of the computer hardware maker’s stock valued at $1,212,000 after acquiring an additional 30 shares during the period. Finally, Pinebridge Investments L.P. increased its position in shares of NVIDIA Corporation by 1.8% in the second quarter. Pinebridge Investments L.P. now owns 1,872 shares of the computer hardware maker’s stock valued at $271,000 after acquiring an additional 33 shares during the period. Institutional investors own 65.59% of the company’s stock.

In related news, Director Tench Coxe sold 50,000 shares of NVIDIA Corporation stock in a transaction that occurred on Monday, September 18th. The shares were sold at an average price of $189.62, for a total value of $9,481,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jen Hsun Huang sold 110,000 shares of NVIDIA Corporation stock in a transaction that occurred on Wednesday, September 6th. The stock was sold at an average price of $166.08, for a total transaction of $18,268,800.00. The disclosure for this sale can be found here. Insiders sold a total of 452,784 shares of company stock worth $81,437,724 over the last 90 days. Company insiders own 5.17% of the company’s stock.

A number of equities analysts have issued reports on the stock. B. Riley restated a “buy” rating and issued a $200.00 price objective (up previously from $135.00) on shares of NVIDIA Corporation in a research report on Monday, August 7th. Morgan Stanley lifted their target price on shares of NVIDIA Corporation from $168.00 to $210.00 and gave the company an “equal weight” rating in a research note on Monday. Stifel Nicolaus reaffirmed a “hold” rating and set a $110.00 target price on shares of NVIDIA Corporation in a research note on Friday, August 11th. MKM Partners reaffirmed a “neutral” rating and set a $120.00 target price (up previously from $106.00) on shares of NVIDIA Corporation in a research note on Monday, August 14th. Finally, Susquehanna Bancshares Inc reaffirmed a “neutral” rating and set a $140.00 target price on shares of NVIDIA Corporation in a research note on Wednesday, August 16th. Six investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, twenty-four have issued a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $164.69.

NVIDIA Corporation (NASDAQ:NVDA) traded up $0.61 during midday trading on Monday, reaching $209.30. 2,822,234 shares of the company’s stock were exchanged, compared to its average volume of 13,660,000. The company has a quick ratio of 6.99, a current ratio of 7.82 and a debt-to-equity ratio of 0.33. The stock has a market cap of $125,210.00, a P/E ratio of 58.62, a price-to-earnings-growth ratio of 5.16 and a beta of 1.23. NVIDIA Corporation has a 1-year low of $66.57 and a 1-year high of $209.97.

NVIDIA Corporation (NASDAQ:NVDA) last released its quarterly earnings results on Thursday, August 10th. The computer hardware maker reported $1.01 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.32. NVIDIA Corporation had a net margin of 27.41% and a return on equity of 39.59%. The business had revenue of $2.23 billion for the quarter, compared to analysts’ expectations of $1.96 billion. During the same period last year, the business earned $0.53 EPS. The company’s revenue was up 56.2% compared to the same quarter last year. equities research analysts expect that NVIDIA Corporation will post 3.61 earnings per share for the current year.

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NVIDIA Corporation 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.

Institutional Ownership by Quarter for NVIDIA Corporation (NASDAQ:NVDA)

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