First National Trust Co boosted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 44.9% during the 4th quarter, HoldingsChannel reports. The fund owned 11,093 shares of the computer hardware maker’s stock after purchasing an additional 3,435 shares during the period. First National Trust Co’s holdings in NVIDIA were worth $2,146,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in NVIDIA by 7.1% during the second quarter. Vanguard Group Inc. now owns 40,257,187 shares of the computer hardware maker’s stock worth $5,819,579,000 after acquiring an additional 2,676,976 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of NVIDIA by 19.3% in the 2nd quarter. Renaissance Technologies LLC now owns 4,758,793 shares of the computer hardware maker’s stock valued at $687,931,000 after purchasing an additional 768,200 shares during the period. Janus Henderson Group PLC raised its stake in shares of NVIDIA by 5,424.4% in the 2nd quarter. Janus Henderson Group PLC now owns 4,096,888 shares of the computer hardware maker’s stock valued at $592,244,000 after purchasing an additional 4,022,728 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of NVIDIA by 1.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,052,628 shares of the computer hardware maker’s stock valued at $585,894,000 after purchasing an additional 46,686 shares during the period. Finally, Legal & General Group Plc raised its stake in shares of NVIDIA by 2.8% in the 3rd quarter. Legal & General Group Plc now owns 2,867,090 shares of the computer hardware maker’s stock valued at $512,549,000 after purchasing an additional 78,943 shares during the period. Hedge funds and other institutional investors own 63.40% of the company’s stock.

Several analysts have issued reports on NVDA shares. Mizuho reissued a “buy” rating and issued a $225.00 price target on shares of NVIDIA in a research note on Tuesday, November 28th. Zacks Investment Research downgraded NVIDIA from a “strong-buy” rating to a “hold” rating in a research note on Monday. Vetr raised NVIDIA from a “hold” rating to a “buy” rating and set a $196.86 price target on the stock in a research note on Tuesday, October 10th. Goldman Sachs Group lifted their price target on NVIDIA from $193.00 to $217.00 and gave the company a “buy” rating in a research note on Wednesday, October 11th. Finally, B. Riley lifted their price target on NVIDIA from $200.00 to $250.00 and gave the company a “buy” rating in a research note on Monday, November 6th. Four investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, twenty-three have issued a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $192.45.

NVIDIA Corporation (NVDA) opened at $224.72 on Thursday. The firm has a market capitalization of $133,386.66, a P/E ratio of 55.76, a price-to-earnings-growth ratio of 5.13 and a beta of 1.18. The company has a current ratio of 8.26, a quick ratio of 7.42 and a debt-to-equity ratio of 0.31. NVIDIA Corporation has a 12-month low of $95.17 and a 12-month high of $227.51.

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

In other NVIDIA news, Director Dawn E. Hudson sold 3,052 shares of the business’s stock in a transaction that occurred on Wednesday, November 22nd. The stock was sold at an average price of $214.39, for a total transaction of $654,318.28. Following the transaction, the director now owns 28,816 shares of the company’s stock, valued at $6,177,862.24. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Dawn E. Hudson sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $213.44, for a total value of $3,201,600.00. Following the transaction, the director now directly owns 46,868 shares in the company, valued at approximately $10,003,505.92. The disclosure for this sale can be found here. In the last three months, insiders have sold 19,858 shares of company stock worth $4,227,384. Company insiders own 5.82% of the company’s stock.

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NVIDIA 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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