BT Investment Management Ltd lifted its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 236.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 48,044 shares of the computer hardware maker’s stock after buying an additional 33,776 shares during the quarter. BT Investment Management Ltd’s holdings in NVIDIA Corporation were worth $8,592,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Evercore Wealth Management LLC raised its holdings in shares of NVIDIA Corporation by 36.9% in the second quarter. Evercore Wealth Management LLC now owns 765 shares of the computer hardware maker’s stock valued at $110,000 after buying an additional 206 shares during the last quarter. TB Alternative Assets Ltd. bought a new position in shares of NVIDIA Corporation in the second quarter valued at about $116,000. Proficio Capital Partners LLC raised its holdings in shares of NVIDIA Corporation by 186.1% in the first quarter. Proficio Capital Partners LLC now owns 841 shares of the computer hardware maker’s stock valued at $117,000 after buying an additional 547 shares during the last quarter. Thompson Davis & CO. Inc. raised its holdings 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 buying an additional 6 shares during the last quarter. Finally, Hanson McClain Inc. increased its position in NVIDIA Corporation by 12.7% in the second quarter. Hanson McClain Inc. now owns 881 shares of the computer hardware maker’s stock worth $127,000 after purchasing an additional 99 shares during the period. 65.59% of the stock is owned by institutional investors and hedge funds.

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

In other news, Director Mark L. Perry sold 16,281 shares of the firm’s stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $162.24, for a total transaction of $2,641,429.44. Following the completion of the transaction, the director now directly owns 48,069 shares in the company, valued at $7,798,714.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Tench Coxe sold 50,000 shares of the firm’s stock in a transaction dated Monday, September 18th. The stock was sold at an average price of $189.62, for a total value of $9,481,000.00. The disclosure for this sale can be found here. Insiders sold 452,784 shares of company stock valued at $81,437,724 over the last quarter. Corporate insiders own 5.17% of the company’s stock.

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Shares of NVIDIA Corporation (NVDA) opened at $211.57 on Tuesday. The company has a current ratio of 7.82, a quick ratio of 6.99 and a debt-to-equity ratio of 0.33. NVIDIA Corporation has a 1 year low of $66.76 and a 1 year high of $212.38. The firm has a market capitalization of $126,900.00, a price-to-earnings ratio of 58.62, a P/E/G ratio of 5.16 and a beta of 1.23.

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

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.

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

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