“Insights into NVIDIA: Recent Stock Movement and Market Analysis”
Lodestone Wealth Management LLC reduced its holdings in NVIDIA Co. (NASDAQ: NVDA – Free Report) by 1.9% during the fourth quarter, according to a report by HoldingsChannel. The institutional investor held 2,317 shares of the computer hardware maker’s stock after selling 46 shares during the period. At the end of the quarter, Lodestone Wealth Management LLC’s holdings in NVIDIA were valued at $1,147,000.
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NVIDIA
Other institutional investors have also adjusted their holdings of the company. LFA Lugano Financial Advisors SA acquired a new position in NVIDIA during the fourth quarter valued at $28,000. Peoples Financial Services CORP. acquired a new position in NVIDIA during the third quarter valued at $30,000. Your Advocates Ltd. LLP also acquired a new position in NVIDIA during the third quarter valued at $30,000. Trivant Custom Portfolio Group LLC increased its stake in NVIDIA by 44.1% during the third quarter.
Trivant Custom Portfolio Group LLC now owns 98 shares of the computer hardware maker’s stock valued at $43,000 after purchasing an additional 30 shares in the last quarter. Finally, Beacon Capital Management Inc. acquired a new position in NVIDIA during the fourth quarter valued at $50,000. Institutional investors and hedge funds own 65.27% of the company’s stock.
In insider transactions, Director Mark A. Stevens sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, February 26th, at an average price of $800.74, for a total value of $4,003,700. Following this sale, the director now owns 1,119,583 shares in the company, valued at approximately $896,494,891.42. In another transaction on Friday, April 5th, Director Mark A. Stevens sold 22,700 shares of the company’s stock at an average price of $879.97, for a total value of $19,975,319.
Following this sale, the director now owns 1,052,133 shares of the company’s stock, valued at approximately $925,845,476.01. Additionally, Director Mark A. Stevens sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, February 26th, at an average price of $800.74, for a total value of $4,003,700. Following this sale, the director now directly owns 1,119,583 shares in the company, valued at approximately $896,494,891.42. Insiders have sold a total of 61,278 shares of company stock worth $52,689,898 in the last quarter, representing 3.99% of the company’s stock.
On the stock market, NVIDIA (NASDAQ: NVDA – Get Free Report) opened at $881.86 on Monday. The company has a current ratio of 4.17, a quick ratio of 3.67, and a debt-to-equity ratio of 0.20. The business’s 50-day moving average is $830.93, and its two-hundred day moving average is $610.79. NVIDIA Co. has a 12-month low of $262.20 and a 12-month high of $974.00. The stock has a market capitalization of $2.20 trillion, a price-to-earnings ratio of 73.86, a PEG ratio of 1.27, and a beta of 1.73.
