Lido Advisors LLC lifted its stake in NVIDIA Corporation (NASDAQ:NVDA) by 26.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,320 shares of the computer hardware maker’s stock after buying an additional 897 shares during the quarter. Lido Advisors LLC’s holdings in NVIDIA were worth $893,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Thompson Davis & CO. Inc. raised its stake in shares of NVIDIA by 0.7% in the second quarter. Thompson Davis & CO. Inc. now owns 822 shares of the computer hardware maker’s stock worth $119,000 after buying an additional 6 shares during the period. Family Firm Inc. raised its stake in shares of NVIDIA by 0.7% in the second quarter. Family Firm Inc. now owns 1,968 shares of the computer hardware maker’s stock worth $284,000 after buying an additional 13 shares during the period. Carnegie Capital Asset Management LLC raised its stake in shares of NVIDIA by 0.4% in the second quarter. Carnegie Capital Asset Management LLC now owns 7,371 shares of the computer hardware maker’s stock worth $1,212,000 after buying an additional 30 shares during the period. Pinebridge Investments L.P. raised its stake in shares of NVIDIA by 1.8% in the second quarter. Pinebridge Investments L.P. now owns 1,872 shares of the computer hardware maker’s stock worth $271,000 after buying an additional 33 shares during the period. Finally, BRYN MAWR TRUST Co raised its stake in shares of NVIDIA by 1.0% in the second quarter. BRYN MAWR TRUST Co now owns 5,050 shares of the computer hardware maker’s stock worth $731,000 after buying an additional 50 shares during the period. 63.51% of the stock is currently owned by hedge funds and other institutional investors.

Several analysts recently issued reports on the company. Vetr upgraded NVIDIA from a “hold” rating to a “buy” rating and set a $178.63 target price for the company in a research report on Thursday, August 10th. Canaccord Genuity reiterated a “buy” rating and set a $190.00 target price (up previously from $180.00) on shares of NVIDIA in a research report on Thursday, August 10th. Summit Redstone reiterated a “buy” rating and set a $200.00 target price on shares of NVIDIA in a research report on Thursday, August 10th. Jefferies Group reiterated a “buy” rating and set a $180.00 target price on shares of NVIDIA in a research report on Thursday, August 10th. Finally, Citigroup reiterated a “buy” rating and set a $180.00 target price on shares of NVIDIA in a research report on Thursday, August 10th. Four equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, twenty-four have assigned a buy rating and one has assigned a strong buy rating to the company. NVIDIA currently has a consensus rating of “Buy” and an average price target of $187.38.

In other news, Director A Brooke Seawell sold 1,029 shares of the firm’s stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $214.10, for a total value of $220,308.90. Following the completion of the sale, the director now directly owns 1,029 shares of the company’s stock, valued at approximately $220,308.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jen Hsun Huang sold 110,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $166.08, for a total value of $18,268,800.00. The disclosure for this sale can be found here. Insiders sold a total of 425,175 shares of company stock valued at $77,696,879 over the last ninety days. Corporate insiders own 5.17% of the company’s stock.

NVIDIA Corporation (NVDA) opened at $186.66 on Tuesday. The firm has a market capitalization of $113,120.00, a P/E ratio of 48.69, a price-to-earnings-growth ratio of 4.28 and a beta of 1.18. The company has a debt-to-equity ratio of 0.31, a quick ratio of 7.42 and a current ratio of 8.26. NVIDIA Corporation has a 1-year low of $87.54 and a 1-year high of $218.67.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Thursday, November 9th. The computer hardware maker reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.39. The business had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.36 billion. NVIDIA had a return on equity of 42.71% and a net margin of 28.78%. The company’s revenue for the quarter was up 31.5% on a year-over-year basis. During the same period last year, the company earned $0.94 EPS. equities research analysts expect that NVIDIA Corporation will post 4.13 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 24th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.32%. This is a positive change from NVIDIA’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Wednesday, November 22nd. NVIDIA’s dividend payout ratio (DPR) is presently 15.00%.

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NVIDIA Company 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 (NASDAQ:NVDA)

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