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Valuation in Focus: NVIDIA Corporation (NASDAQ:NVDA)

12 April 2018

The New York-based Brown Brothers Harriman And Com has invested 0% in NVIDIA Corporation (NASDAQ:NVDA). The fund owned 64,532 shares of the computer hardware maker's stock after selling 521,007 shares during the period. The analysts specifically called out recent weakness in the stock amid concerns that mining on the Ethereum blockchain could move beyond the use of graphics-processing units, which is thought to have increased demand for Nvidia's GPUs previous year. Country Trust Bank grew its position in Nvidia by 490.0% during the fourth quarter. The firm had revenue of $2.91 billion for the quarter, compared to analysts' expectations of $2.67 billion. Nvidia earned a news sentiment score of 0.17 on Accern's scale. Insiders have sold 94,959 shares of company stock worth $22,692,182 in the last 90 days. North Star Investment Management Corp. now owns 634 shares of the computer hardware maker's stock valued at $123,000 after purchasing an additional 255 shares during the last quarter. Clearbridge Investments LLC raised its position in shares of Nvidia by 100.0% during the 4th quarter. HL Financial Services LLC now owns 122,314 shares of the computer hardware maker's stock valued at $5,750,000 after buying an additional 6,746 shares during the last quarter. Aviva Public Ltd Limited Liability Company invested in 316,286 shares or 0.35% of the stock. Four equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and twenty-six have given a buy rating to the company's stock. The stock traded with the average Volume of 16.85 Million at the end of last session. NVIDIA Corporation has a 1-year low of $24.75 and a 1-year high of $119.93. The stock is now -3.90% away from its 50-day simple moving average and 14.80% away from the 200 day average. After $1.57 actual EPS reported by NVIDIA Corporation for the previous quarter, Wall Street now forecasts -5.73% negative EPS growth. Nvidia had a return on equity of 45.02% and a net margin of 31.36%. Brown Advisory Inc reported 2,960 shs or 0% of all its holdings. The price to earnings ratio indicates the expected price of a share based on its earnings. Whale Rock Capital Management Llc sold 255,063 shares as the company's stock rose 15.49% while stock markets declined.

The company also recently declared a quarterly dividend, which was paid on Friday, March 16th. Shareholders of record on Monday, November 28th were issued a $0.14 dividend. The rating was maintained by N+1 Singer on Wednesday, November 9 with "Corporate". 4,850 are held by Daiwa Sb Ltd. Wellington Shields And Ltd Llc holds 0.22% or 2,100 shares in its portfolio. This represents a $0.60 annualized dividend and a dividend yield of 0.26%. Relative volume is the comparison of current volume to average volume for the same time of day, and it's displayed as a ratio.

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Several other hedge funds and other institutional investors also recently added to or reduced their stakes in NVDA. Susquehanna initiated coverage on NVIDIA Corporation in a report on Tuesday, September 20th. The stock rating was maintained by Bank of America with "Buy" on Friday, November 10. Old Mutual Glob (Uk) Ltd has 1.84% invested in NVIDIA Corporation (NASDAQ:NVDA) for 1.03 million shares.

In addition to boosting its rating, the firm has pointed to its price target of $258 for Nvidia shares. RBC Capital Markets has "Buy" rating and $36.0 target.

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A total of 22 analysts rate Nvidia (NASDAQ:NVDA) as follows: 14 "Buy", 8 "Hold" and 0 "Sell". The company has a consensus rating of "Buy" and a consensus target price of $217.16. PERRY MARK L had sold 17,307 shares worth $3.94M. The stock was sold at an average price of $227.93, for a total transaction of $3,944,784.51. Market capitalization is just a fancy declare for a comprehensible concept: it is the market value of a company's outstanding shares. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Persis Drell sold 5,141 shares of the business's stock in a transaction on Wednesday, March 28th. The disclosure for this sale can be found here. 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 AI utilizing deep learning, accelerated computing, and general objective computing; GRID provides power of NVIDIA graphics through the cloud and datacenters; DGX for AI scientists, researchers, and developers; and cryptocurrency-specific graphics processing units. It operates in two divisions, 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 goal computing, and GRID to provide the power of NVIDIA graphics through the cloud and datacenters.

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Valuation in Focus: NVIDIA Corporation (NASDAQ:NVDA)