Published: Fri, May 11, 2018
IT | By Lester Massey

Brief Overview on Stock's Performances: NVIDIA Corporation (NVDA)

Brief Overview on Stock's Performances: NVIDIA Corporation (NVDA)

Raymond James Trust N.A. now owns 12,693 shares of the computer hardware maker's stock worth $2,457,000 after purchasing an additional 217 shares during the last quarter.

It recently unveiled NVIDIA RTX, a computer graphics technology that produces movie-quality images in real time, to consolidate its lead in the gaming-related sector. Geode Capital Management LLC increased its position in Nvidia by 7.7% during the 4th quarter. Earnings before certain costs such as stock compensation was $2.05, well above the $1.52 consensus. Finally, North Star Investment Management Corp. boosted its stake in Nvidia by 67.3% in the 4th quarter. The institutional investor acquired 4,149 shares of the computer hardware maker's stock, valued at approximately $961,000. LLC increased its position in Nvidia by 124.8% during the 4th quarter. Country Trust Bank now owns 590 shares of the computer hardware maker's stock valued at $114,000 after purchasing an additional 490 shares during the period. Institutional investors and hedge funds own 66.73% of the company's stock.

Nvidia traded up $2.24, hitting $258.03, on Thursday, according to MarketBeat.com.

A total of 23.28 Billion shares exchanged at hands and its average trading volume is standing at 14.84 Million shares. For the most recent quarter, quick ratio was 7.3, current ratio was 8, LT Debt/Equity ratio was 0.27 and Total Debt/Equity ratio stands at 0.27, while Payout ratio is 0.112. The 52-Week High range of the stock is $260.5, while the 52-week low range is $125.78. The stock of NVIDIA Corporation (NASDAQ:NVDA) earned "Buy" rating by RBC Capital Markets on Friday, November 24. Also, the number of funds holding Nvidia Corp in their top 10 positions decreased from 42 to 31 for a decrease of 11.


Nvidia continued to report strong numbers in its first quarterly results this year, despite failing to supply graphics cards to vendors on time due to a shortage of chips. The computer hardware maker reported $1.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.16 by $0.56.

In other Nvidia news, Director Persis Drell sold 5,141 shares of the firm's stock in a transaction that occurred on Wednesday, March 28th. About 20.17M shares traded or 34.95% up from the average. Mastrapasqua Asset Management Inc sold 54,780 shares as the company's stock rose 15.49% while stock markets declined. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The disclosure for this sale can be found here.

Colony NorthStar, Inc. (NYSE:CLNS) closed at $6.03 a share in the latest session and the stock value rose nearly -47.15% since the beginning of this year. The price-to-sales ratio is a symbol of the value placed on each dollar of a company's sales or taxes. With these types of results to display analysts, are more optimistic than before, leading 22 of analysts who cover NVIDIA Corporation (NASDAQ:NVDA) advice their clients to include it in their buy candidate list. Royal Bank of Canada reiterated an "outperform" rating and issued a $285.00 target price (up from $280.00) on shares of Nvidia in a report on Wednesday, March 14th. In Friday, November 17 report Canaccord Genuity maintained it with "Buy" rating and $250 target. Zacks Investment Research lowered shares of Nvidia from a "strong-buy" rating to a "hold" rating in a research report on Monday, January 15th. They noted that the move was a valuation call. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-four have given a buy rating and one has given a strong buy rating to the company.

Starbucks Corporation (SBUX) analysts on average have given a price target of $249.58 on SBUX stock. Part of Nvidia has been getting involved in emerging trends that are changing the direction of the computing industry.

Like this: