Curtis Advisory Group LLC Has $32.09 Million Stock Holdings in NVIDIA Co. (NASDAQ:NVDA)

Curtis Advisory Group LLC grew its holdings in NVIDIA Co. (NASDAQ:NVDA) by 0.1% during the 4th quarter, Holdings Channel reports. The firm owned 238,937 shares of the computer hardware maker’s stock after purchasing an additional 139 shares during the period. NVIDIA makes up approximately 8.5% of Curtis Advisory Group LLC’s portfolio, making the stock its 3rd biggest position. Curtis Advisory Group LLC’s holdings in NVIDIA were worth $32,087,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of NVDA. FPC Investment Advisory Inc. boosted its stake in NVIDIA by 726.6% in the fourth quarter. FPC Investment Advisory Inc. now owns 2,397 shares of the computer hardware maker’s stock valued at $322,000 after acquiring an additional 2,107 shares during the last quarter. JBR Co Financial Management Inc boosted its position in shares of NVIDIA by 0.5% in the 4th quarter. JBR Co Financial Management Inc now owns 198,577 shares of the computer hardware maker’s stock worth $26,667,000 after purchasing an additional 1,043 shares during the last quarter. ST. Nicholas Private Asset Management Inc. acquired a new stake in shares of NVIDIA during the fourth quarter worth $4,901,000. Fisher Funds Management LTD bought a new stake in NVIDIA in the fourth quarter valued at about $37,806,000. Finally, Richardson Capital Management LLC lifted its stake in NVIDIA by 1,235.7% in the fourth quarter. Richardson Capital Management LLC now owns 62,379 shares of the computer hardware maker’s stock valued at $8,377,000 after buying an additional 57,709 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 66,660 shares of the firm’s stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $116.83, for a total value of $7,787,887.80. Following the transaction, the chief financial officer now directly owns 3,085,765 shares of the company’s stock, valued at $360,509,924.95. This trade represents a 2.11 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Donald F. Robertson, Jr. sold 4,500 shares of the stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $116.80, for a total transaction of $525,600.00. Following the sale, the insider now owns 479,428 shares in the company, valued at $55,997,190.40. This represents a 0.93 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 183,609 shares of company stock valued at $22,642,615 in the last quarter. Company insiders own 4.23% of the company’s stock.

NVIDIA Stock Down 1.6 %

NVIDIA stock opened at $109.67 on Friday. The company’s 50-day moving average price is $125.01 and its two-hundred day moving average price is $131.34. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13. The stock has a market cap of $2.68 trillion, a P/E ratio of 43.16, a P/E/G ratio of 1.76 and a beta of 1.77. NVIDIA Co. has a twelve month low of $75.61 and a twelve month high of $195.95.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Wednesday, February 26th. The computer hardware maker reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.05. NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. The business had revenue of $39.33 billion during the quarter, compared to analysts’ expectations of $38.16 billion. As a group, analysts expect that NVIDIA Co. will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 12th will be paid a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.04%. The ex-dividend date is Wednesday, March 12th. NVIDIA’s dividend payout ratio (DPR) is 1.36%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. DZ Bank raised NVIDIA from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 28th. Needham & Company LLC reaffirmed a “buy” rating and issued a $160.00 target price on shares of NVIDIA in a research note on Wednesday, March 19th. HSBC reduced their price target on shares of NVIDIA from $195.00 to $185.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Summit Insights downgraded NVIDIA from a “buy” rating to a “hold” rating in a research note on Thursday, February 27th. Finally, Bank of America reissued a “buy” rating and issued a $200.00 target price on shares of NVIDIA in a research note on Wednesday, March 19th. Four analysts have rated the stock with a hold rating, thirty-seven have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $171.51.

NVIDIA Company Profile

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.