Robeco Institutional Asset Management B.V. boosted its position in NVIDIA Co. (NASDAQ:NVDA) by 196.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 155,019 shares of the computer hardware maker’s stock after purchasing an additional 102,655 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in NVIDIA were worth $36,474,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of NVDA. Johanson Financial Advisors Inc. grew its position in shares of NVIDIA by 21,911.1% in the 4th quarter. Johanson Financial Advisors Inc. now owns 641,184 shares of the computer hardware maker’s stock valued at $2,721,000 after buying an additional 638,271 shares during the last quarter. Manning & Napier Group LLC grew its position in shares of NVIDIA by 1,438.4% in the 4th quarter. Manning & Napier Group LLC now owns 611,145 shares of the computer hardware maker’s stock valued at $143,801,000 after buying an additional 571,420 shares during the last quarter. Fisher Asset Management LLC grew its position in shares of NVIDIA by 54.9% in the 3rd quarter. Fisher Asset Management LLC now owns 1,011,907 shares of the computer hardware maker’s stock valued at $176,143,000 after buying an additional 358,730 shares during the last quarter. State Street Corp grew its position in shares of NVIDIA by 1.4% in the 4th quarter. State Street Corp now owns 24,989,675 shares of the computer hardware maker’s stock valued at $5,880,071,000 after buying an additional 342,849 shares during the last quarter. Finally, California Public Employees Retirement System grew its position in shares of NVIDIA by 32.8% in the 3rd quarter. California Public Employees Retirement System now owns 1,152,154 shares of the computer hardware maker’s stock valued at $200,555,000 after buying an additional 284,263 shares during the last quarter. 65.23% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts have commented on NVDA shares. Piper Sandler reiterated a “buy” rating and issued a $275.00 price target on shares of NVIDIA in a research report on Thursday, January 23rd. Cascend Securities upped their price target on NVIDIA from $280.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday. Bank of America upped their price target on NVIDIA from $275.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, January 10th. UBS Group upped their price target on NVIDIA from $300.00 to $320.00 and gave the company a “buy” rating in a research report on Friday. Finally, JPMorgan Chase & Co. upped their price target on NVIDIA from $200.00 to $237.00 and gave the company an “overweight” rating in a research report on Friday, November 15th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, thirty have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $255.75.

NASDAQ:NVDA traded up $19.27 on Friday, hitting $290.05. The stock had a trading volume of 23,106,438 shares, compared to its average volume of 7,764,954. The business’s fifty day moving average is $245.31 and its 200 day moving average is $203.66. The company has a market cap of $178.91 billion, a PE ratio of 74.18, a P/E/G ratio of 3.88 and a beta of 2.04. The company has a quick ratio of 7.71, a current ratio of 8.42 and a debt-to-equity ratio of 0.22. NVIDIA Co. has a 52 week low of $132.60 and a 52 week high of $273.48.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Thursday, February 13th. The computer hardware maker reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.67 by $0.22. The business had revenue of $3.11 billion for the quarter, compared to analyst estimates of $2.96 billion. NVIDIA had a return on equity of 22.02% and a net margin of 24.08%. During the same quarter in the prior year, the company earned $0.80 earnings per share. Equities analysts predict that NVIDIA Co. will post 4.32 earnings per share for the current fiscal year.

In other NVIDIA news, EVP Debora Shoquist sold 12,193 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $216.04, for a total value of $2,634,175.72. Following the transaction, the executive vice president now owns 151,232 shares in the company, valued at $32,672,161.28. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director A Brooke Seawell sold 20,000 shares of the stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $212.75, for a total value of $4,255,000.00. Following the completion of the transaction, the director now owns 22,221 shares in the company, valued at approximately $4,727,517.75. The disclosure for this sale can be found here. In the last quarter, insiders sold 51,785 shares of company stock worth $11,454,424. Corporate insiders own 4.64% of the company’s stock.

About NVIDIA

NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the Graphics Processing Unit (GPU) and Tegra Processor segments. The GPU segment comprises of product brands which aims 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 (NASDAQ:NVDA)

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