Achmea Investment Management B.V. grew its position in NVIDIA Corporation (NASDAQ:NVDA) by 3.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 25,357 shares of the computer hardware maker’s stock after acquiring an additional 941 shares during the period. Achmea Investment Management B.V.’s holdings in NVIDIA Corporation were worth $3,663,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Evercore Wealth Management LLC raised its position 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 worth $110,000 after acquiring an additional 206 shares during the period. TB Alternative Assets Ltd. acquired a new position in shares of NVIDIA Corporation in the second quarter worth about $116,000. Thompson Davis & CO. Inc. raised 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 worth $119,000 after acquiring an additional 6 shares during the period. Proficio Capital Partners LLC raised its position 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 worth $117,000 after acquiring an additional 547 shares during the period. Finally, Hanson McClain Inc. raised its position in shares of 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 acquiring an additional 99 shares during the period. Institutional investors and hedge funds own 65.79% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Achmea Investment Management B.V. Acquires 941 Shares of NVIDIA Corporation (NVDA)” was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this story on another site, it was stolen and reposted in violation of US & international trademark and copyright law. The original version of this story can be read at https://www.thecerbatgem.com/2017/10/20/achmea-investment-management-b-v-acquires-941-shares-of-nvidia-corporation-nvda.html.

Shares of NVIDIA Corporation (NASDAQ:NVDA) traded down 0.0390% during midday trading on Friday, hitting $197.7228. 4,039,397 shares of the stock were exchanged. The firm has a market cap of $118.63 billion, a P/E ratio of 56.8659 and a beta of 1.28. The firm has a 50 day moving average of $179.92 and a 200 day moving average of $150.88. NVIDIA Corporation has a 12-month low of $66.58 and a 12-month high of $199.59.

NVIDIA Corporation (NASDAQ:NVDA) last announced its earnings results on Thursday, August 10th. The computer hardware maker reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.32. The business had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $1.96 billion. NVIDIA Corporation had a net margin of 27.41% and a return on equity of 39.59%. The business’s quarterly revenue was up 56.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.53 earnings per share. Equities analysts forecast that NVIDIA Corporation will post $3.63 EPS for the current fiscal year.

In related news, insider Michael Byron sold 409 shares of the company’s stock in a transaction on Friday, September 1st. The shares were sold at an average price of $171.01, for a total value of $69,943.09. Following the sale, the insider now directly owns 136,199 shares of the company’s stock, valued at $23,291,390.99. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mark L. Perry sold 16,281 shares of the company’s stock in a transaction on Monday, August 14th. The shares were sold at an average price of $162.24, for a total transaction of $2,641,429.44. Following the completion of the sale, the director now directly owns 48,069 shares in the company, valued at $7,798,714.56. 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 90 days. Insiders own 5.82% of the company’s stock.

A number of research analysts have weighed in on the stock. Vetr upgraded shares of NVIDIA Corporation from a “hold” rating to a “buy” rating and set a $176.95 price objective for the company in a research report on Wednesday, September 6th. Royal Bank Of Canada restated an “outperform” rating and set a $175.00 price target on shares of NVIDIA Corporation in a research report on Thursday, July 13th. BidaskClub downgraded shares of NVIDIA Corporation from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, June 28th. Needham & Company LLC restated a “buy” rating on shares of NVIDIA Corporation in a research report on Friday, August 11th. Finally, Citigroup Inc. restated a “buy” rating and set a $210.00 price target (up previously from $185.00) on shares of NVIDIA Corporation in a research report on Friday, September 29th. Six research analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-four have assigned a buy rating and one has given a strong buy rating to the company. NVIDIA Corporation presently has a consensus rating of “Hold” and an average price target of $160.31.

About NVIDIA Corporation

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.

Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA).

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

Receive News & Stock Ratings for NVIDIA Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA Corporation and related stocks with our FREE daily email newsletter.