Insider Trading at NVIDIA Corporation?

Andrew Cummings
July 15, 2017

Comparatively, NVIDIA Corporation posted earnings of $0.43 per share in the same quarter a year ago. Gratry Company invested 0.49% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). The lowest EPS estimate is $0.66 and the highest is $0.72. Blackrock Inv Management Limited Liability reported 0.18% in NVIDIA Corporation (NASDAQ:NVDA). This indicates the dollar amount an investor can expect to invest in a company in order to receive one dollar of that company's earnings. The P/E Ratio measures its current share price relative to its per-share earnings. The computer hardware maker reported $0.82 EPS for the quarter, topping the consensus estimate of $0.66 by $0.16. The company had revenue of $1.94 billion for the quarter, compared to analysts' expectations of $1.91 billion. Currently, NVIDIA Corporation net profit margin for the 12 months is at 26.05%. The Caldwell & Orkin Inc holds 15,700 shares with $1.68 million value, up from 8,600 last quarter. After $1.45 actual EPS reported by DST Systems, Inc. for the previous quarter, Wall Street now forecasts 7.59% EPS growth. BMO Capital Markets reiterated an underperform rating and issued a $85.00 price objective on shares of NVIDIA Corporation in a report on Wednesday, May 10th.

So far this morning, investors are praising the news, as NVIDIA Corporation shares rose $2.64 (+1.80%) in premarket trading Monday. Finally, B. Riley reissued a buy rating and issued a $135.00 price objective on shares of NVIDIA Corporation in a report on Tuesday, March 14th. M Partners maintained the shares of NVDA in report on Wednesday, November 4 with "Neutral" rating. Royal Bank Of Canada reaffirmed a "buy" rating and set a $130.00 price target on shares of NVIDIA Corporation in a research note on Friday, March 17th. Six investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, twenty have assigned a buy rating and two have assigned a strong buy rating to the company. As per Tuesday, September 20, the company rating was initiated by SunTrust.

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NVIDIA Corporation (NASDAQ NVDA) traded down 1.45% on Thursday, reaching $144.56. Following the completion of the sale, the director now owns 24,652 shares in the company, valued at approximately $3,205,253.04.

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 14th. Stockholders of record on Tuesday, May 23rd were issued a dividend of $0.14 per share. The ex-dividend date of this dividend was Friday, May 19th. NVIDIA Corporation's payout ratio is now 18.60%. Also, Director Tench Coxe sold 50,000 shares of the business's stock in a transaction on Thursday, May 11th.

NVDA's Director JONES HARVEY C Sell 100000 shares of the company at a price of $150.29 on 2017-07-10. The disclosure for this sale can be found here. Savant Capital LLC now owns 2,270 shares of the computer hardware maker's stock worth $247,000 after buying an additional 60 shares in the last quarter. Institutional investors and hedge funds own 70.08% of the company's stock. For investors, Forward P/E ratio allows a quick snapshot of the company's finances without getting bogged down in the details of an accounting report. Wellington Management Group LLP boosted its stake in shares of NVIDIA Corporation by 499.0% in the first quarter. WFG Advisors LP now owns 4,285 shares of the computer hardware maker's stock worth $246,000 after buying an additional 3,466 shares in the last quarter. Finally, Wellington Management Group LLP raised its stake in NVIDIA Corporation by 499.0% in the first quarter.


Since January 12, 2017, it had 0 buys, and 14 sales for $76.57 million activity. CENTRAL TRUST Co upped its stake in NVIDIA Corporation by 6.3% in the Q1. Vanguard Group Inc. now owns 37,580,211 shares of the computer hardware maker's stock valued at $4,093,612,000 after buying an additional 2,597,209 shares during the period. Days to cover decreased from 1.1 to 1.0 and the percentage of shorted shares is 0.04% as of May 31.

Nvidia Corporation focuses on personal computer graphics, graphics processing unit (GPU) and also on artificial intelligence (AI). "The company says all the major Internet and cloud-service providers use its chips to accelerate their processes, and a number of large carmakers, counting Toyota, are using its autonomous-driving technology". The Market Capitalization of the company stands at 91.18 Billion.


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