Menora Mivtachim Holdings LTD. increased its stake in NVIDIA Corporation (NASDAQ:NVDA) by 1.0% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 159,866 shares of the computer hardware maker’s stock after buying an additional 1,566 shares during the period. Menora Mivtachim Holdings LTD.’s holdings in NVIDIA Corporation were worth $23,110,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of NVDA. TB Alternative Assets Ltd. bought a new stake in NVIDIA Corporation during the second quarter valued at approximately $116,000. Proficio Capital Partners LLC boosted its stake in NVIDIA Corporation by 186.1% in the first quarter. Proficio Capital Partners LLC now owns 841 shares of the computer hardware maker’s stock valued at $117,000 after buying an additional 547 shares in the last quarter. Founders Capital Management boosted its stake in NVIDIA Corporation by 25.0% in the second quarter. Founders Capital Management now owns 1,000 shares of the computer hardware maker’s stock valued at $145,000 after buying an additional 200 shares in the last quarter. Quadrant Capital Group LLC boosted its stake in NVIDIA Corporation by 17.5% in the first quarter. Quadrant Capital Group LLC now owns 1,055 shares of the computer hardware maker’s stock valued at $105,000 after buying an additional 157 shares in the last quarter. Finally, Coconut Grove Bank boosted its stake in NVIDIA Corporation by 683.9% in the first quarter. Coconut Grove Bank now owns 1,215 shares of the computer hardware maker’s stock valued at $132,000 after buying an additional 1,060 shares in the last quarter. Institutional investors and hedge funds own 68.91% of the company’s stock.

NVIDIA Corporation (NASDAQ:NVDA) opened at 167.21 on Monday. NVIDIA Corporation has a 12 month low of $57.31 and a 12 month high of $170.07. The firm has a market cap of $99.49 billion, a P/E ratio of 56.13 and a beta of 1.24. The company’s 50-day moving average is $156.80 and its 200 day moving average is $124.22.

NVIDIA Corporation (NASDAQ:NVDA) last issued its quarterly earnings results on Tuesday, May 9th. The computer hardware maker reported $0.82 EPS for the quarter, topping the Zacks’ consensus estimate of $0.66 by $0.16. NVIDIA Corporation had a return on equity of 36.40% and a net margin of 25.95%. The company had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.91 billion. During the same quarter last year, the business earned $0.46 earnings per share. NVIDIA Corporation’s revenue was up 48.7% on a year-over-year basis. Equities research analysts expect that NVIDIA Corporation will post $3.10 EPS for the current fiscal year.

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Several analysts recently commented on the stock. UBS AG restated a “buy” rating and set a $132.00 price target on shares of NVIDIA Corporation in a report on Monday, April 10th. B. Riley restated a “buy” rating and set a $135.00 price target on shares of NVIDIA Corporation in a report on Monday, May 8th. Goldman Sachs Group, Inc. (The) restated a “buy” rating and set a $165.00 price target (up from $130.00) on shares of NVIDIA Corporation in a report on Monday, May 15th. BidaskClub upgraded shares of NVIDIA Corporation from a “hold” rating to a “buy” rating in a report on Tuesday, July 11th. Finally, MKM Partners restated a “neutral” rating and set a $106.00 price target (up from $100.00) on shares of NVIDIA Corporation in a report on Wednesday, May 10th. Six investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, twenty have assigned a buy rating and three have issued a strong buy rating to the company’s stock. NVIDIA Corporation currently has an average rating of “Hold” and an average price target of $134.48.

In other NVIDIA Corporation news, Director Tench Coxe sold 50,000 shares of NVIDIA Corporation stock in a transaction dated Thursday, May 11th. The stock was sold at an average price of $129.48, for a total value of $6,474,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Harvey C. Jones sold 100,000 shares of NVIDIA Corporation stock in a transaction dated Monday, July 10th. The shares were sold at an average price of $150.29, for a total value of $15,029,000.00. Following the completion of the transaction, the director now owns 30,762 shares in the company, valued at approximately $4,623,220.98. The disclosure for this sale can be found here. Insiders sold 622,282 shares of company stock worth $93,304,082 in the last 90 days. 5.17% of the stock is owned by company insiders.

About NVIDIA Corporation

Nvidia Corporation focuses on personal computer (PC) graphics, graphics processing unit (GPU) and also on artificial intelligence (AI). The Company’s operates through two segments: GPU and Tegra Processor. The Company’s GPU product brands are aimed at 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.

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Institutional Ownership by Quarter for NVIDIA Corporation (NASDAQ:NVDA)

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