Published: Wed, December 06, 2017
Research | By Raquel Erickson

The Insider Selling: NVIDIA Co. (NVDA) Director Sells $434980.00 in Stock

Its EPS was $2.38 while outstanding shares of the company were 108.86M. Koch Industry Inc owns 241,484 shares. (BHE)'s stock declined 4.45%. Benchmark Electronics Inc. now has $1.49 billion valuation. The stock increased 1.11% or $0.003 during the last trading session, reaching $0.245. About 2,525 shares traded. Medtronic plc (NYSE:MDT) has risen 4.04% since December 4, 2016 and is uptrending. It has outperformed by 11.30% the S&P500.

This nets out to an increase of 1.42 million shares and is a bullish sign for NVDA. With 1.26M avg volume, 0 days are for Supercom Limited Ord Israel (NASDAQ:SPCB)'s short sellers to cover SPCB's short positions.

Large investors have recently bought and sold shares of the stock.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. 388.29 million shares or 4.10% less from 404.87 million shares in 2017Q1 were reported. (NASDAQ:EXEL) stake by 521,557 shares to 2.08M valued at $51.28M in 2017Q2. The California-based Ashfield Limited Liability Corporation has invested 0.14% in NVIDIA Corporation (NASDAQ:NVDA). Cadence Bancorporation Na stated it has 6,647 shares or 0.44% of all its holdings. Moreover, Boothbay Fund Management Ltd Com has 0.08% invested in NVIDIA Corporation (NASDAQ:NVDA) for 2,615 shares. Price T Rowe Associate Md reported 1.02 million shares stake. The New Jersey-based Fin Architects has invested 0.08% in NVIDIA Corporation (NASDAQ:NVDA). Insider ownership decreased by a total of 733599 shares, which suggests that NVDA's key executives are feeling less optimistic about the outlook for the stock. Moreover, Amica Retiree Trust has 0.32% invested in NVIDIA Corporation (NASDAQ:NVDA) for 2,693 shares. Sei Invests, Pennsylvania-based fund reported 72,000 shares. Morgan Stanley owns 4.41 million shares. Wedbush maintained it with "Outperform" rating and $34 target in Thursday, February 18 report. Amer Century Cos Inc holds 413,762 shares or 0.01% of its portfolio. Horizon Invest Ser Ltd Liability reported 5,205 shares. It also increased its holding in Nxp Semiconductors N V (NASDAQ:NXPI) by 170,890 shares in the quarter, for a total of 181,190 shares, and has risen its stake in Rite Aid Corp (Call) (NYSE:RAD). Also, Director A Brooke Seawell sold 1,029 shares of the business's stock in a transaction that occurred on Monday, November 20th. Cerus Corporation (NASDAQ:CERS) was reduced too. Four investment 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 issued a strong buy rating to the company. Therefore 90% are positive. BidaskClub raised shares of NVIDIA from a "buy" rating to a "strong-buy" rating in a research report on Tuesday, August 8th. As per Friday, November 6, the company rating was maintained by Roth Capital. Summit Redstone reaffirmed a buy rating on shares of NVIDIA in a report on Saturday, July 22nd. RBC Capital Markets maintained it with "Buy" rating and $7600 target in Thursday, June 1 report. The firm has "Hold" rating given on Friday, August 7 by Canaccord Genuity. The company was maintained on Wednesday, December 30 by M Partners. The firm earned "Neutral" rating on Wednesday, April 6 by Stifel Nicolaus. The stock of NVIDIA Corporation (NASDAQ:NVDA) has "Underperform" rating given on Friday, July 15 by Wells Fargo. The stock presently has a consensus rating of "Buy" and an average price target of $187.38. As per Friday, November 11, the company rating was maintained by Mizuho.

Since June 9, 2017, it had 0 buys, and 1 insider sale for $8.23 million activity. Shares for $8.23 million were sold by COXE TENCH. Tompkins Fincl has 0.3% invested in NVIDIA Corporation (NASDAQ:NVDA) for 8,314 shares. 278.36 million shares or 0.37% less from 279.41 million shares in 2017Q1 were reported. NVDA's profit will be $612.06M for 47.64 P/E if the $1.01 EPS becomes a reality. The business's revenue was up 31.5% on a year-over-year basis. equities research analysts forecast that NVIDIA Corporation will post 4.13 EPS for the current fiscal year.

Among 5 analysts covering Benchmark Electronics (NYSE:BHE), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. Salzgitter AG had 4 analyst reports since August 19, 2015 according to SRatingsIntel. The stock of Enbridge Inc. (NYSE:BHE) earned "Buy" rating by Berenberg on Friday, May 27. Needham downgraded the stock to "Hold" rating in Tuesday, November 3 report. Jefferies maintained T-Mobile US, Inc. 33,666 were accumulated by Nepsis Capital Mngmt. (NASDAQ:AKAO) on Monday, October 9 with "Outperform" rating. Edgestream Limited Partnership owns 36,446 shares or 1.99% of their United States portfolio. 60 funds opened positions while 163 raised stakes. Pitcairn Com reported 10,900 shares. Counsel holds 19,235 shares. International Gru stated it has 0% of its portfolio in Graham Corporation (NYSE:GHM). The institutional investor owned 23,484 shares of the computer hardware maker's stock after selling 10,269 shares during the quarter. Pub Employees Retirement Association Of Colorado has 12,029 shares for 0% of their portfolio. 10,615 were reported by Suffolk Cap Mngmt Lc. Agf Invs Inc invested in 0.57% or 564,372 shares. Comml Bank Of Ny Mellon invested in 0.29% or 7.09 million shares. Hutchin Hill Capital Limited Partnership stated it has 53,600 shares. Oppenheimer Asset Management Inc. increased its stake in NVIDIA by 17.8% during the 2nd quarter.

Guggenheim Capital Llc, which manages about $25.60 billion and $37.75 billion US Long portfolio, upped its stake in Alliance Data Systems Corp (NYSE:ADS) by 28,128 shares to 255,690 shares, valued at $65.63M in 2017Q2, according to the filing.

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