Financial Architects Inc raised its position in NVIDIA Co. (NASDAQ:NVDA) by 89.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,377 shares of the computer hardware maker’s stock after purchasing an additional 650 shares during the quarter. Financial Architects Inc’s holdings in NVIDIA were worth $363,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Budros Ruhlin & Roe Inc. lifted its stake in NVIDIA by 2.4% in the first quarter. Budros Ruhlin & Roe Inc. now owns 1,434 shares of the computer hardware maker’s stock worth $378,000 after purchasing an additional 33 shares during the last quarter. San Francisco Sentry Investment Group CA increased its holdings in NVIDIA by 7.3% during the first quarter. San Francisco Sentry Investment Group CA now owns 572 shares of the computer hardware maker’s stock valued at $151,000 after buying an additional 39 shares during the period. HM Payson & Co. increased its holdings in NVIDIA by 1.2% during the fourth quarter. HM Payson & Co. now owns 3,517 shares of the computer hardware maker’s stock valued at $828,000 after buying an additional 40 shares during the period. Spotlight Asset Group Inc. increased its holdings in NVIDIA by 2.2% during the first quarter. Spotlight Asset Group Inc. now owns 1,886 shares of the computer hardware maker’s stock valued at $497,000 after buying an additional 40 shares during the period. Finally, New England Investment & Retirement Group Inc. grew its holdings in NVIDIA by 1.4% in the first quarter. New England Investment & Retirement Group Inc. now owns 2,877 shares of the computer hardware maker’s stock worth $758,000 after purchasing an additional 40 shares during the last quarter. Hedge funds and other institutional investors own 66.65% of the company’s stock.

In other news, Director James C. Gaither sold 15,669 shares of the business’s stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $269.41, for a total transaction of $4,221,385.29. Following the transaction, the director now directly owns 2,221 shares of the company’s stock, valued at $598,359.61. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Mark A. Stevens sold 10,000 shares of the business’s stock in a transaction on Wednesday, April 8th. The stock was sold at an average price of $266.02, for a total transaction of $2,660,200.00. Following the transaction, the director now directly owns 160,545 shares in the company, valued at $42,708,180.90. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 125,829 shares of company stock valued at $32,834,702. 4.64% of the stock is owned by insiders.

NVDA traded up $18.41 during midday trading on Friday, reaching $339.63. 24,691,543 shares of the company’s stock were exchanged, compared to its average volume of 13,374,089. The company has a debt-to-equity ratio of 0.21, a current ratio of 7.67 and a quick ratio of 7.13. The stock has a market capitalization of $208.92 billion, a PE ratio of 75.14, a P/E/G ratio of 3.30 and a beta of 1.33. The business’s 50-day moving average price is $279.82 and its 200 day moving average price is $247.30. NVIDIA Co. has a 1-year low of $132.60 and a 1-year high of $340.02.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Thursday, February 13th. The computer hardware maker reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.67 by $0.22. The company had revenue of $3.11 billion during the quarter, compared to analysts’ expectations of $2.96 billion. NVIDIA had a net margin of 25.60% and a return on equity of 26.08%. During the same quarter in the previous year, the business posted $0.80 earnings per share. As a group, analysts expect that NVIDIA Co. will post 6.24 EPS for the current fiscal year.

NVDA has been the subject of a number of research reports. Bank of America restated a “buy” rating and set a $340.00 target price on shares of NVIDIA in a research report on Wednesday, April 15th. UBS Group upped their price target on shares of NVIDIA from $305.00 to $330.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Wells Fargo & Co reduced their price target on shares of NVIDIA from $320.00 to $280.00 and set an “overweight” rating for the company in a research report on Friday, March 20th. Zacks Investment Research downgraded shares of NVIDIA from a “buy” rating to a “hold” rating and set a $297.00 price target for the company. in a research report on Monday, May 4th. Finally, Goldman Sachs Group restated a “buy” rating on shares of NVIDIA in a research report on Tuesday, February 18th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, twenty-nine have issued a buy rating and one has issued a strong buy rating to the company. NVIDIA presently has a consensus rating of “Buy” and an average target price of $287.79.

NVIDIA Profile

NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the Graphics Processing Unit (GPU) and Tegra Processor segments. The GPU segment comprises of product brands which aims 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.

Featured Article: Forex

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

Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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