According to 34 stock analysts, NVIDIA Corporation, is being kept at an average Outperform, rating, with at least 2.49% of shares outstanding that are now legally short sold. LLC now owns 616,045 shares of the computer hardware maker's stock valued at $119,205,000 after buying an additional 342,038 shares in the last quarter. The stock's price to sales ratio for trailing twelve months is 15.93 and price to book ratio for the most recent quarter is 20.71, whereas price to cash per share for the most recent quarter are 21.77. Country Trust Bank now owns 590 shares of the computer hardware maker's stock worth $114,000 after acquiring an additional 490 shares in the last quarter. Bell Commercial Bank invested 0.39% in NVIDIA Corporation (NASDAQ:NVDA). Moreover, Advisors Asset Management has 0.06% invested in NVIDIA Corporation (NASDAQ:NVDA) for 18,976 shares. First Citizens Bank & Trust Co. boosted its holdings in shares of Nvidia by 4.5% during the 4th quarter.
OEM sales brought in $289 million in revenue which is up 148% from past year which Nvidia thinks is due to "GPUs for cryptocurrency mining". Grassi Investment Management boosted its holdings in shares of Nvidia by 1.4% during the 4th quarter. Out of 22 analysts polled in the last 3 months, 16 are bullish on the chip giant, 5 remain sidelined, while 1 is bearish on the stock.
Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments.
Pitcairn Company decreased Nvidia Corp (NVDA) stake by 37.91% reported in 2017Q4 SEC filing. Zacks Investment Research lowered shares of Nvidia from a "strong-buy" rating to a "hold" rating in a report on Monday, January 15th.
NVIDIA Corporation on 1/30/2018 reported its EPS as $0.79 with the analysts projecting the EPS of the stock as $0.66. BidaskClub upgraded Nvidia from a "buy" rating to a "strong-buy" rating in a research report on Friday, February 16th. The firm earned "Buy" rating on Friday, February 9 by Citigroup. They noted that the move was a valuation call. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. In order to know the value of a stock, there is need to compare its current price to its likely trading price in the future. The company has market cap of $156.94 billion. NVIDIA has $305.0 highest and $220.0 lowest target.
NVIDIA Corporation (NVDA) has the market capitalization of $157.38 Billion.
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Nvidia (NASDAQ:NVDA) last posted its quarterly earnings data on Thursday, February 8th.
The company's net income rose to US$1.24 billion, or US$1.98 per share, in the first quarter ended April 29, from US$507 million, or US$0.79 cents per share, a year earlier. $31,732 worth of NVIDIA Corporation (NASDAQ:NVDA) was sold by Kress Colette on Wednesday, December 13. The company estimates a revenue of between $3.04 billion to $3.16 billion for the second quarter of fiscal 2019. The business's revenue was up 65.6% on a year-over-year basis. sell-side analysts anticipate that Nvidia will post 6.09 EPS for the current year. Its Average True Range (ATR) shows a figure of 7.39. Following the transaction, the director now owns 30,762 shares in the company, valued at $7,011,582.66. The shares were sold at an average price of $227.93, for a total transaction of $3,944,784.51. Corporate insiders own 4.70% of the company's stock. The disclosure for this sale can be found here. The stock was sold at an average price of $239.45, for a total value of $7,674,133.05.
Institutional Ownership/ Insider Ownership: Broadcom Inc. institutional ownership is held at 90.8% while insider ownership was 0.2%.
NVIDIA Corporation is a visual computing firm with operations all over the world. The growth marked a continuation of the segment's recent recovery from a slow patch last summer when the company was in the process of rolling out a new flagship chip.
Nvidia's automotive business rang up $145 million in revenue and its professional visualization segment reached $251 million.