Investors sold shares of Nvidia Corp. (NASDAQ:NVDA) on strength during trading on Thursday. $141.49 million flowed into the stock on the tick-up and $166.15 million flowed out of the stock on the tick-down, for a money net flow of $24.66 million out of the stock. Of all stocks tracked, Nvidia Corp. had the 0th highest net out-flow for the day. Nvidia Corp. traded up $1.19 for the day and closed at $59.70

Several equities analysts have commented on NVDA shares. Wells Fargo & Co. lowered shares of Nvidia Corp. from a “market perform” rating to an “underperform” rating and raised their target price for the company from $19.09 to $46.70 in a report on Friday, July 15th. Vetr lowered shares of Nvidia Corp. from a “hold” rating to a “sell” rating and set a $48.46 price target on the stock. in a report on Monday, July 11th. Pacific Crest reaffirmed a “hold” rating on shares of Nvidia Corp. in a report on Friday, August 5th. Mizuho began coverage on shares of Nvidia Corp. in a report on Thursday, July 14th. They set a “buy” rating and a $60.00 price target on the stock. Finally, KeyCorp reaffirmed a “hold” rating on shares of Nvidia Corp. in a report on Wednesday, July 6th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and nineteen have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $47.54.

The stock has a market cap of $33.26 billion and a PE ratio of 53.14. The stock has a 50 day moving average price of $52.99 and a 200 day moving average price of $40.45.

Nvidia Corp. (NASDAQ:NVDA) last issued its quarterly earnings results on Thursday, August 11th. The computer hardware maker reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.16. The company had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.35 billion. During the same quarter in the previous year, the business earned $0.34 earnings per share. Nvidia Corp.’s revenue was up 23.9% compared to the same quarter last year. On average, analysts predict that Nvidia Corp. will post $1.58 EPS for the current year.

In other news, Director A Brooke Seawell sold 5,142 shares of the firm’s stock in a transaction on Thursday, June 16th. The stock was sold at an average price of $47.01, for a total transaction of $241,725.42. Following the completion of the transaction, the director now directly owns 6,213 shares in the company, valued at $292,073.13. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO David M. Shannon sold 271,049 shares of Nvidia Corp. stock in a transaction dated Monday, May 16th. The stock was sold at an average price of $42.07, for a total value of $11,403,031.43. Following the completion of the sale, the chief accounting officer now owns 444,329 shares of the company’s stock, valued at $18,692,921.03. The disclosure for this sale can be found here.

A number of large investors have added to or reduced their stakes in the company. American International Group Inc. increased its stake in Nvidia Corp. by 4.4% in the fourth quarter. American International Group Inc. now owns 257,171 shares of the computer hardware maker’s stock valued at $8,476,000 after buying an additional 10,769 shares during the last quarter. KBC Group NV increased its stake in Nvidia Corp. by 33.2% in the fourth quarter. KBC Group NV now owns 523,163 shares of the computer hardware maker’s stock valued at $17,243,000 after buying an additional 130,422 shares during the last quarter. State of Tennessee Treasury Department increased its stake in Nvidia Corp. by 41.7% in the fourth quarter. State of Tennessee Treasury Department now owns 653,252 shares of the computer hardware maker’s stock valued at $21,531,000 after buying an additional 192,209 shares during the last quarter. Employees Retirement System of Texas increased its stake in Nvidia Corp. by 24.2% in the fourth quarter. Employees Retirement System of Texas now owns 44,700 shares of the computer hardware maker’s stock valued at $1,473,000 after buying an additional 8,700 shares during the last quarter. Finally, BNP Paribas Arbitrage SA increased its stake in Nvidia Corp. by 86.4% in the fourth quarter. BNP Paribas Arbitrage SA now owns 132,845 shares of the computer hardware maker’s stock valued at $4,379,000 after buying an additional 61,580 shares during the last quarter.

NVIDIA Corporation (NVIDIA) is engaged in visual computing. The Company operates through segments, including GPU and Tegra Processor. Its GPU businesses include GeForce for personal computer (PC) gaming; Quadro for design professionals working in computer-aided design, video editing, special effects and other creative applications; Tesla for deep learning and accelerated computing, leveraging the parallel computing capabilities of graphics processing units (GPUs) for general purpose computing, and GRID to provide the power of NVIDIA graphics through the cloud and datacenters.

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