Dowling & Yahnke LLC lifted its holdings in NVIDIA Co. (NASDAQ:NVDA) by 53.2% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 5,086 shares of the computer hardware maker’s stock after acquiring an additional 1,766 shares during the quarter. Dowling & Yahnke LLC’s holdings in NVIDIA were worth $913,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in NVDA. TD Capital Management LLC bought a new position in NVIDIA in the 4th quarter worth about $27,000. Capital Financial Planning LLC bought a new position in NVIDIA in the 4th quarter worth about $28,000. Clarfeld Financial Advisors LLC bought a new position in NVIDIA in the 4th quarter worth about $29,000. Trust Department MB Financial Bank N A bought a new position in NVIDIA in the 4th quarter worth about $31,000. Finally, Truvestments Capital LLC bought a new position in NVIDIA in the 1st quarter worth about $33,000. 69.89% of the stock is currently owned by hedge funds and other institutional investors.

In other news, EVP Debora Shoquist sold 5,823 shares of the company’s stock in a transaction dated Wednesday, April 3rd. The shares were sold at an average price of $185.00, for a total transaction of $1,077,255.00. Following the completion of the sale, the executive vice president now owns 171,783 shares of the company’s stock, valued at approximately $31,779,855. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Colette Kress sold 14,092 shares of the company’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $183.33, for a total transaction of $2,583,486.36. The disclosure for this sale can be found here. Insiders have sold a total of 20,029 shares of company stock valued at $3,678,385 in the last ninety days. Insiders own 4.64% of the company’s stock.

A number of equities analysts recently issued reports on NVDA shares. Zacks Investment Research upgraded shares of NVIDIA from a “strong sell” rating to a “hold” rating in a research note on Monday, April 1st. TheStreet upgraded shares of NVIDIA from a “c+” rating to a “b-” rating in a research note on Thursday, April 4th. BidaskClub upgraded shares of NVIDIA from a “hold” rating to a “buy” rating in a research note on Friday, March 22nd. Cowen restated an “outperform” rating and set a $195.00 target price (down previously from $215.00) on shares of NVIDIA in a research note on Friday, February 15th. Finally, Mizuho restated a “buy” rating and set a $195.00 target price on shares of NVIDIA in a research note on Wednesday, March 13th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and twenty-six have assigned a buy rating to the stock. NVIDIA has an average rating of “Buy” and a consensus target price of $204.46.

NASDAQ NVDA opened at $179.85 on Tuesday. NVIDIA Co. has a 52 week low of $124.46 and a 52 week high of $292.76. The stock has a market cap of $109.44 billion, a PE ratio of 29.63, a price-to-earnings-growth ratio of 4.42 and a beta of 1.85. The company has a quick ratio of 6.76, a current ratio of 7.94 and a debt-to-equity ratio of 0.21.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Thursday, February 14th. The computer hardware maker reported $0.80 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.53 by $0.27. NVIDIA had a net margin of 35.35% and a return on equity of 41.78%. The firm had revenue of $2.21 billion during the quarter, compared to analyst estimates of $2.22 billion. During the same quarter in the prior year, the firm earned $1.72 EPS. The business’s revenue for the quarter was down 24.3% compared to the same quarter last year. Sell-side analysts forecast that NVIDIA Co. will post 4.46 EPS for the current fiscal year.

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NVIDIA Profile

NVIDIA Corporation operates as a visual computing company worldwide. It operates in two segments, GPU and Tegra Processor. The GPU segment offers processors, which include GeForce for PC gaming and mainstream PCs; GeForce NOW for cloud-based game-streaming service; Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications; Tesla for artificial intelligence (AI) utilizing deep learning, accelerated computing, and general purpose computing; GRID, which provides power of NVIDIA graphics through the cloud and datacenters; DGX for AI scientists, researchers, and developers; and cryptocurrency-specific graphics processing units.

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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