The firm owned 2,790 shares of the computer hardware maker's stock after selling 920 shares during the period. Based on a recent trade, the shares are -0.32% away from the 52-week high and 202.15% from the 52-week low. A negative beta means that the stock inversely follows the market, decreasing in value when the market goes up.
NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Tuesday, May 9th. During the same period in the previous year, the firm posted $0.53 earnings per share. NVIDIA Corporation had a net margin of 27.41% and a return on equity of 39.59%.
"While we expect gaming to continue to grow robustly, we believe our data center estimates of $1.7 billion in fiscal 2018, $2.1 billion in fiscal 2019 and $2.8 billion (in fiscal 2020) could prove conservative addressing (a) $30 billion total addressable market", Gill said.
Analysts await NVIDIA Corporation (NASDAQ:NVDA) to report earnings on November, 9.
The company also recently announced a quarterly dividend, which was paid on Monday, September 18th. Investors of record on Tuesday, May 23rd will be given a dividend of $0.14 per share.
On a similar note, analysts expect EPS of $1.04 in September 2017 quarter and $1.04 in December 2017 quarter, representing 0.97% and 0.97% growth, respectively. The ex-dividend date of this dividend was Tuesday, August 22nd. California Public Employees Retirement invested 0.28% in NVIDIA Corporation (NASDAQ:NVDA).
NVDA has been the subject of a number of other reports. Citigroup Inc. reissued a buy rating and set a $210.00 target price (up from $185.00) on shares of NVIDIA Corporation in a research note on Friday, September 29th.
A total of 18 analysts have released a report on NVIDIA. SEAWELL A BROOKE also sold $434,980 worth of NVIDIA Corporation (NASDAQ:NVDA) on Wednesday, May 24. Finally, Goldman Sachs Group Inc reissued a buy rating and issued a $165.00 price objective (up from $130.00) on shares of NVIDIA in a research report on Monday, May 15th. Six analysts rating the company a strong buy, seven analysts rating the company a buy, twelve analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $42.00. The firm now has $196.86 price target on the computer hardware maker's stock. The Return on Investment (ROI) ratio of NVIDIA Corporation (NVDA) is 19.8 percent. The shares were sold at an average price of $98.30, for a total transaction of $4,096,161.00. Following the transaction, the executive vice president now owns 564,696 shares in the company, valued at $79,000,970.40. The disclosure for this sale can be found here. The stock decreased 3.77% or $0.1 during the last trading session, reaching $2.55. Corporate insiders own 5.82% of the company's stock.
Other large investors also recently bought and sold shares of the company. Meiji Yasuda Life Insurance Co lifted its holdings in NVIDIA Corporation by 9.9% during the 2nd quarter. Evercore Wealth Management LLC lifted its stake in shares of NVIDIA Corporation by 36.9% during the second quarter. Proficio Capital Partners LLC raised its position in shares of NVIDIA by 186.1% in the first quarter. Proficio Capital Partners LLC now owns 841 shares of the computer hardware maker's stock worth $117,000 after acquiring an additional 547 shares during the last quarter. Stifel Fin reported 0.07% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). Ibex Wealth Advisors now owns 32,087 shares of the computer hardware maker's stock valued at $3,210,000 after buying an additional 3,540 shares in the last quarter.
Capital Fund Management Sa, which manages about $3.92 billion and $12.40 billion US Long portfolio, upped its stake in Hologic Inc (NASDAQ:HOLX) by 95,368 shares to 102,165 shares, valued at $4.64 million in 2017Q2, according to the filing. Hanson McClain Inc. now owns 881 shares of the computer hardware maker's stock worth $127,000 after acquiring an additional 99 shares during the last quarter. Capital Fund Management Sa sold 102,900 shares as the company's stock rose 26.83% with the market. More interesting news about NVIDIA Corporation (NASDAQ:NVDA) were released by: Fool.com and their article: "Intel Corporation Reportedly Snatches Tesla Inc". If you are accessing this report on another site, it was illegally copied and republished in violation of U.S. and worldwide trademark and copyright laws.
Nvidia Corporation focuses on personal computer graphics, graphics processing unit (GPU) and also on artificial intelligence (AI). The Company's operates through two segments: GPU and Tegra Processor.