Centre Asset Management LLC Acquires 2260 Shares of NVIDIA Corporation (NVDA)

Here's Why NVIDIA Corporation (NVDA) Trending These Days
NVIDIA Corporation (NVDA) Hits New 52-Week High
Author

09 August, 2017

Vanguard Group Inc. now owns 37,580,211 shares of the computer hardware maker's stock worth $4,093,612,000 after buying an additional 2,597,209 shares during the last quarter. In case of a post-earnings rise in the stock price, investors should adopt a staggered approach to accumulating positions in the stock, given that the elevated valuations and the recent rise in the stock price, do not rule out the chances for a short-term pullback in NVIDIA stock price. The stock declined 0.69% or $1.19 reaching $171.16 on the news. About 5.73 million shares traded. NVIDIA Corporation has a 12-month low of $57.32 and a 12-month high of $170.07. It has outperformed by 195.58% the S&P500.

Doug Silverman increased its stake in Caesars Acquisition Co (CACQ) by 26.6% based on its latest 2016Q4 regulatory filing with the SEC. Contour Asset Management Llc sold 253,248 shares as Nvidia Corp (NVDA)'s stock rose 26.83%. The closing price represents the final price that a stock is traded for on a trading day. The shares were sold on June 9th for an average price of $164.53.

Eqis Capital Management Inc. bought a new position in NVIDIA Corporation (NASDAQ:NVDA) during the second quarter, according to its most recent disclosure with the SEC. Therefore 0 are positive. Equities analysts predict that NVIDIA Corporation will post $3.10 earnings per share for the current fiscal year. Scotia Capital maintained Boardwalk REIT (TSE:BEI.UN) rating on Friday, February 17. (The) reissued a "buy" rating and issued a $130.00 price objective on shares of NVIDIA Corporation in a research note on Friday, April 14th. The rating was downgraded by TD Securities to "Hold" on Friday, November 11. The rating was upgraded by Nomura to "Buy" on Monday, June 13. The firm earned "Buy" rating on Tuesday, July 21 by Sterne Agee CRT.

Swedbank decreased Blackstone Group (NYSE:BX) stake by 2.16M shares to 5.31M valued at $143.40M in 2016Q4. The 1St Global Advisors Inc holds 29,762 shares with $3.18M value, down from 34,398 last quarter. Ihs Markit Ltd was reduced too. The Pinnacle Associates Ltd holds 88,309 shares with $9.18M value, up from 55,564 last quarter.

There has been some selling insider activity on NVIDIA Corporation (NASDAQ:NVDA) recently. HUANG JEN HSUN also sold $4.77M worth of NVIDIA Corporation (NASDAQ:NVDA) on Friday, February 10. SEAWELL A BROOKE also sold $434,980 worth of NVIDIA Corporation (NASDAQ:NVDA) on Wednesday, May 24.

In other NVIDIA Corporation news, Director Harvey C. Jones sold 145,520 shares of the stock in a transaction dated Thursday, June 22nd.

As the P/E goes up, it shows that current investor sentiment is that the company is worth more. Jefferies Group also issued estimates for NVIDIA Corporation's Q3 2018 earnings at $0.77 EPS, Q4 2018 earnings at $0.84 EPS, FY2018 earnings at $3.12 EPS, Q1 2019 earnings at $0.79 EPS, Q2 2019 earnings at $0.88 EPS, Q3 2019 earnings at $1.07 EPS, Q4 2019 earnings at $1.16 EPS and FY2019 earnings at $3.90 EPS. It turned negative, as 69 investors sold NVDA shares while 306 reduced holdings.

These funds have also shifted positions in (NVDA). The investment professionals in our partner's database now own: 423.47 million shares, down from 437.73 million shares in 2016Q3. State Board Of Administration Of Florida Retirement Sys holds 0.25% or 766,829 shares.

Ratings analysis reveals 60% of Carter Holdings's analysts are positive.

Focused Wealth Management Inc, which manages about $364.20M and $236.79M US Long portfolio, upped its stake in Ishares Tr (AGG) by 22,085 shares to 22,149 shares, valued at $2.39M in 2016Q4, according to the filing. Cambridge Fincl Grp holds 0.01% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA) for 81,991 shares. One Natl Association reported 2,257 shares stake. Rice Hall James And Associates Ltd Llc holds 0.13% or 23,324 shares in its portfolio. Columbia Prns L L C Inv invested in 47,721 shares. Picton Mahoney Asset Mngmt owns 216,518 shares for 1.9% of their portfolio. Tobam has 385,785 shares. Pinebridge Limited Partnership holds 10,520 shares. Zacks holds 0.04% or 14,204 shares in its portfolio. Cornerstone Capital Holdg Ltd Liability Co holds 0.13% or 163,870 shares. Earnest Prtnrs Ltd Com has invested 0% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). Barclays Public Ltd Company owns 1,385 shares. Six analysts have rated the stock with a sell rating, twelve have given a hold rating, twenty have issued a buy rating and three have issued a strong buy rating to the stock. The firm has a market capitalization of $101.12 billion, a PE ratio of 57.05 and a beta of 1.24. Mizuho maintained the stock with "Buy" rating in Wednesday, June 28 report. RBC Capital Markets maintained it with "Outperform" rating and $83 target in Thursday, December 8 report. The company was initiated on Tuesday, September 20 by Suntrust Robinson. The firm has "Buy" rating by TD Securities given on Monday, August 17. The firm has "Buy" rating by Stifel Nicolaus given on Friday, August 7. This research report and rating ought to be used to complement individual research and plans. The company was maintained on Monday, January 11 by TH Capital.

Investors sentiment decreased to 1.21 in Q4 2016. Its down 0.09, from 0.93 in 2016Q3. The total value of its holdings increased 54.4%. EOG Resources, Inc. (EOG) shares have moved -5.75% in the week and 1.39% in the month. (NYSE:LOW). Vigilant Cap Limited Liability reported 3,190 shares. Tarbox Gru stated it has 0.01% in NVIDIA Corporation (NASDAQ:NVDA). (NYSE:LYV) stake by 34,936 shares and now owns 647,314 shares. Portolan Capital Llc has invested 0.39% in Avadel Pharmaceuticals PLC (ADR) (NASDAQ:FLML). Blackrock Inc invested in 0% or 3,074 shares. Veritable LP owns 19,348 shares for 0.05% of their portfolio. Following the sale, the director now owns 30,762 shares in the company, valued at $4,900,694.22.

NVIDIA Corporation's shares may have great momentum, but how has it been performing relative to the market? Blair William Communication Il, a Illinois-based fund reported 136,147 shares.


More news