American Research & Management Co. boosted its position in shares of NVIDIA Co.
In the liquidity ratio analysis; quick ratio for most recent quarter was 4.30 while current ratio for time period was 4.80.
Several other large investors have also recently made changes to their positions in the stock. Cornerstone Advisors Inc. raised its position in NVIDIA Corporation by 52.2% in the third quarter.
NVIDIA Corporation (NVDA) is expected to post revenue of $1.9 Billion in the current quarter, according to consensus of 29 analysts. Glaxis Capital Management LLC bought a new stake in NVIDIA during the first quarter valued at $545,000. West Oak Capital LLC now owns 1,560 shares of the computer hardware maker's stock worth $107,000 after buying an additional 1,010 shares during the last quarter. NVIDIA Co. has a one year low of $34.40 and a one year high of $120.92. (NASDAQ:NVDA) traded up 0.95% on Thursday, hitting $100.63. Brick & Kyle Associates now owns 2,753 shares of the computer hardware maker's stock worth $189,000 after buying an additional 251 shares during the last quarter. Vetr upgraded shares of NVIDIA from a "buy" rating to a "strong-buy" rating and set a $117.98 price target on the stock in a report on Tuesday, April 4th. The firm has a market cap of $58.92 billion, a price-to-earnings ratio of 38.93 and a beta of 1.31.
NVIDIA Corporation (NASDAQ:NVDA)'s earnings per share has been growing at a 22.2 percent rate over the past 5 year when average revenue increase was noted as 11.6 percent. Looking ahead to earnings forecasts, for the running fiscal period, Wall Street analysts have anticipated that the company will report -0.09 earnings per share. NVIDIA had a net margin of 23.82% and a return on equity of 34.13%. The firm had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.10 billion.More news: Serena expecting baby this year
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Shares of NVIDIA Co. Comparatively, NVDA posted earnings of $0.32 per share in the same quarter, a year earlier. The company's last traded volume of 12.65 million shares was up it's an average volume of 15.99 million shares.
NVIDIA Corporation (NVDA) now has a consensus Price Target of $116.3. The 52-week range of the stock is $3.85 to $11.70. As per Friday, May 13, the company rating was maintained by Wedbush.
Although according to TipRanks, most analysts are bullish on NVDA's stock giving it a Buy recommendation with an average target price of $112.58 indicating an upside of 17.9%, two analysts had recently expressed a negative opinion about the stock. An influential analyst on Wall Street may give a stock that is now trading at $60 a one-year price target of $90; however, there is no concrete way to calculate a price target. Following the completion of the transaction, the insider now directly owns 159,442 shares of the company's stock, valued at $16,277,433.78. The stock was sold at an average price of $105.32, for a total transaction of $5,630,196.56. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Kress Colette sold 53,458 shares worth $5.63M. The stock has a 50 day moving average of $106.95 and a 200 day moving average of $78.73. The institutional investor owned 14,460 shares of the computer hardware maker's stock after buying an additional 12,150 shares during the period. The disclosure for this sale can be found here. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. 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 objective computing, and GRID to provide the power of NVIDIA graphics through the cloud and datacenters. 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.