HWG Holdings LP decreased its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 7.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,901 shares of the computer hardware maker’s stock after selling 566 shares during the quarter. NVIDIA makes up approximately 1.1% of HWG Holdings LP’s holdings, making the stock its 24th largest holding. HWG Holdings LP’s holdings in NVIDIA were worth $1,335,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of NVDA. Janus Henderson Group PLC grew its holdings in shares of NVIDIA by 5,424.4% during the 2nd quarter. Janus Henderson Group PLC now owns 4,096,888 shares of the computer hardware maker’s stock worth $592,244,000 after purchasing an additional 4,022,728 shares during the period. Vanguard Group Inc. grew its holdings in shares of NVIDIA by 7.1% during the 2nd quarter. Vanguard Group Inc. now owns 40,257,187 shares of the computer hardware maker’s stock worth $5,819,579,000 after purchasing an additional 2,676,976 shares during the period. Jackson Square Partners LLC purchased a new stake in shares of NVIDIA during the 2nd quarter worth about $229,323,000. Renaissance Technologies LLC grew its holdings in shares of NVIDIA by 19.3% during the 2nd quarter. Renaissance Technologies LLC now owns 4,758,793 shares of the computer hardware maker’s stock worth $687,931,000 after purchasing an additional 768,200 shares during the period. Finally, Quantitative Investment Management LLC grew its holdings in shares of NVIDIA by 3,194.2% during the 2nd quarter. Quantitative Investment Management LLC now owns 678,600 shares of the computer hardware maker’s stock worth $98,098,000 after purchasing an additional 658,000 shares during the period. Institutional investors and hedge funds own 63.40% of the company’s stock.

Shares of NVIDIA Corporation (NVDA) traded up $4.61 on Wednesday, hitting $224.72. The company’s stock had a trading volume of 13,408,732 shares, compared to its average volume of 13,310,000. NVIDIA Corporation has a one year low of $95.17 and a one year high of $227.51. The firm has a market cap of $136,180.00, a price-to-earnings ratio of 56.18, a price-to-earnings-growth ratio of 5.19 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 (NASDAQ:NVDA) last announced its earnings results on Thursday, November 9th. The computer hardware maker reported $1.33 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.94 by $0.39. NVIDIA had a return on equity of 42.71% and a net margin of 28.78%. The company had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.36 billion. During the same period in the prior year, the company posted $0.94 EPS. NVIDIA’s quarterly revenue was up 31.5% on a year-over-year basis. analysts anticipate that NVIDIA Corporation will post 4.19 earnings per share for the current year.

NVDA has been the subject of a number of research reports. SunTrust Banks reiterated a “buy” rating and set a $200.00 target price (up previously from $181.00) on shares of NVIDIA in a report on Monday, October 2nd. Citigroup reiterated a “buy” rating and set a $210.00 target price (up previously from $185.00) on shares of NVIDIA in a report on Friday, September 29th. Needham & Company LLC reiterated a “buy” rating and set a $200.00 target price on shares of NVIDIA in a report on Thursday, September 28th. Mizuho reiterated a “buy” rating on shares of NVIDIA in a report on Monday, September 25th. Finally, Vetr upgraded NVIDIA from a “hold” rating to a “buy” rating and set a $186.34 target price for the company in a report on Monday, September 25th. Four research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, twenty-three have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $192.45.

In related news, Director Persis Drell sold 606 shares of the company’s stock in a transaction that occurred on Wednesday, December 20th. The stock was sold at an average price of $197.07, for a total transaction of $119,424.42. Following the sale, the director now directly owns 26,104 shares of the company’s stock, valued at approximately $5,144,315.28. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Colette Kress sold 171 shares of the company’s stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $185.57, for a total value of $31,732.47. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 19,858 shares of company stock worth $4,227,384. 5.17% of the stock is currently owned by corporate insiders.

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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.

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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