Most recently on 4/4/17 the stock of NVIDIA Corporation (NASDAQ:NVDA) downgraded by Pacific Crest from Sector Weight to Underweight. Stephens Inc. AR now owns 1,926 shares of the computer hardware maker's stock worth $132,000 after buying an additional 179 shares during the last quarter. Wesbanco Bank Inc. purchased a new position in NVIDIA Corporation during the fourth quarter worth about $205,000.
Several hedge funds have recently modified their holdings of NVDA. Cornerstone Advisors Inc. raised its position in NVIDIA Corporation by 52.2% in the third quarter. The firm owned 21,728 shares of the computer hardware maker's stock after selling 8,556 shares during the period. Rothschild Investment Corp IL bought a new stake in NVIDIA during the first quarter valued at $804,000. Quadrant Capital Group LLC now owns 1,055 shares of the computer hardware maker's stock worth $105,000 after buying an additional 157 shares in the last quarter. The high and low revenue estimates for the current quarter are $2.02 Billion and $1.79 Billion, respectively.
NVIDIA Corporation (NASDAQ:NVDA) Semiconductor - Specialized has a current market price of 99.23 and the change is 3.92%.
Stock is now moving with a positive distance from the 200 day simple moving average of approximately 4.96%, and has a solid year to date (YTD) performance of 8.95% which means the stock is constantly adding to its value from the previous fiscal year end price.
Another critical number in evaluating a stock is P/E or the price to earnings ratio.
NVIDIA Corporation (NASDAQ:NVDA) have shown a high EPS growth of 22.20% in the last 5 years and has earnings growth of 168.30% yoy. Analysts are forecasting earnings of $0.66 on a per share basis this quarter. NVDA generated revenue of $1.31 Billion in the same quarter, one year ago. NVIDIA's revenues of $2,173 million for the quarter were up 55% year-over-year, and considerably higher than the consensus estimate of $2,100 million.
ILLEGAL ACTIVITY NOTICE: This article was originally published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this news story on another site, it was illegally copied and republished in violation of United States and worldwide copyright legislation. $4.10 million worth of NVIDIA Corporation (NASDAQ:NVDA) was sold by HUANG JEN HSUN. The correct version of this news story can be viewed at https://baseballnewssource.com/markets/nvidia-co-nvda-shares-bought-by-private-wealth-partners-llc/629228.html. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision. The stock was sold at an average price of $87.74, for a total value of $3,070,900.00. Finally, Loop Capital reaffirmed a "buy" rating on shares of NVIDIA in a research report on Saturday, January 7th.
According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 2.31 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell. The company has market cap of $754.19 million. The shares were sold at an average price of $114.53, for a total transaction of $4,772,006.98. Following the completion of the sale, the insider now owns 1,811,456 shares of the company's stock, valued at $178,066,124.80. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The company's 50 day moving average price is $102.45 and its 200-day moving average price is $95.35. The disclosure for this sale can be found here. The average numbers of shares are traded in a security per day, during the recent 3-month period. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data.
The company has shown strong growth in its data center business, and the revenue from this segment increased by 145% between the fiscal year 2016 to the fiscal year 2017, and from $339 million in 2016 to $830 million in 2017.
Nvidia Corporation focuses on personal computer (PC) graphics, graphics processing unit (GPU) and also on artificial intelligence (AI).