Nikko Asset Management Americas Inc. Acquires 124,297 Shares of NVIDIA Co. (NVDA)



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  NVIDIA logo "title =" NVIDIA logo "clbad =" companylogo "/> Nikko Asset Management Americas Inc. increased its position in shares of NVIDIA Co. (NASDAQ: NVDA) by 54.9% in the second quarter, According to the institutional investor held 350,759 shares of the hardware manufacturer after purchasing 124,297 additional shares during the quarter, which represents about 2.5% of the portfolio of Nikko Asset Management Americas Nikko Asset Management Americas Inc. held approximately 0.06% of NVIDIA valued at $ 83,095,000 at the end of the most recent reference period [19659002] Several other large investors have also recently purchased and sold shares of NVDA. increased its ownership in NVIDIA by 16.8% in the fourth quarter of 2010. BB & T Securities LLC now holds 7,858 shares of the hardware manufacturer valued at $ 1,520,000 after the purchase of 1,129 shares last quarterly, Gotham Asset Management LLC purchased a new position in NVIDIA in the fourth quarter valued at approximately $ 342,000. Banco de Sabadell S.A bought a new position in NVIDIA in the fourth quarter valued at about $ 614,000. Lombard Odier SCmA increased its NVIDIA ownership by 35.2% in the fourth quarter. Lombard Odier SCMA Company now holds 2,795 shares in the computer hardware manufacturer worth $ 541,000 after purchasing 727 additional shares in the last quarter. Finally, HM Payson & Co. increased its NVIDIA ownership by 83.9% in the fourth quarter. HM Payson & Co. now owns 2,087 computer hardware manufacturer shares worth $ 404,000 after purchasing 952 additional shares in the last quarter. Institutional investors and hedge funds own 65.04% of the company's shares. </p>
<p>  NVDA has been the subject of several reports by badysts. Rosenblatt Securities has raised its NVIDIA price target from $ 300.00 to $ 315.00 in a research note on Friday, May 11th. BidaskClub downgraded NVIDIA from a "strong buy" rating to a "buy" note in a research note on Tuesday, April 10. ValuEngine put NVIDIA from a "hold" note to a "buy" note in a research note on Monday, April 2nd. SunTrust banks raised their price target on NVIDIA to $ 316.00 and awarded the company a "buy" rating in a research note on Friday, May 11th. Finally, Citigroup raised its NVIDIA price target from $ 300.00 to $ 380.00 and awarded the company a "buy" rating in a research note on Friday, May 11th. Two badysts rated the stock with a sales note, nine issued a standby note and twenty-nine awarded a buy-to-action rating from the company. The company currently has a consensual rating of "Buy" and a consensus price target of $ 264.62. </p>
<p>  NASDAQ: NVDA opened Friday at $ 250.89. The company has a market capitalization of $ 152.98 billion, a price / earnings ratio of 44.22, a PEG ratio of 3.47 and a beta of 1.52. The company has a ratio of 7.82, a ratio of 8.54 and a debt ratio of 0.26. NVIDIA Co. has a one-year low of $ 152.91 and a high of $ 269.20 in one year. NVIDIA (NASDAQ: NVDA) last released its quarterly results on Thursday, May 10. The computer hardware manufacturer reported earnings per share of $ 2.05 for the quarter, exceeding Thomson's consensus estimate of $ 1.47 by $ 0.58. The activity achieved a turnover of $ 3.21 billion during the quarter, against $ 2.88 billion for badysts. NVIDIA achieved a return on equity of 52.18% and a net margin of 34.44%. The business business figure for the quarter increased by 65.6% over the same quarter of last year. During the same period last year, the company posted earnings per share of $ 0.85. Equity research badysts predict that NVIDIA Co. will post earnings per share of 7.08 for the current year. </p>
<p>  In addition, Colette Kress, Chief Financial Officer, sold 889 NVIDIA shares as part of a transaction on Thursday, June 21st. The stock was sold at an average price of $ 257.64, for a total transaction of $ 229,041.96. The transaction was disclosed in a legal deposit with the Securities & Exchange Commission, which can be accessed via this hyperlink. In addition, Michael Byron, an insider, sold 15,131 NVIDIA shares during a transaction that occurred on Monday, May 21st. The stock was sold at an average price of $ 245.02, for a total value of $ 3,707,397.62. As a result of the sale, the insider now owns directly 92,285 shares of the company, valued at $ 22,611,670.70. The disclosure for this sale can be found here. In the last three months, insiders sold 308,308 shares valued at $ 77,491,336. 4.70% of the stock is currently held by insiders. </p>
<p>  <strong> About NVIDIA </strong> </p>
<p>  NVIDIA Corporation operates as a visual computing company throughout the world. It works through two segments, GPU and Tegra Processor. The GPU segment offers processors, including GeForce for PC and consumer PCs. GeForce NOW for the cloud game streaming service; Quadro for design professionals working in computer-aided design, video editing, special effects and other creative applications; Tesla for AI using in-depth learning, accelerated computing and general purpose computing; GRID delivers the power of NVIDIA graphics across the cloud and data centers; DGX for AI scientists, researchers and developers; </p>
<p>  Recommended History: Do I need to track, buy, hold and sell recommendations? <br /> <!--ViewCount:ArticleHistoryID=21654995&PostDate=2018-7-21&type=f&id=3742783--> </p>
<p>  <strong> Want to see what other hedge funds are holding NVDA? </strong> Visit HoldingsChannel.com to get the latest deposits and 13F insider trading for NVIDIA Co. (NASDAQ: NVDA). </p>
<p style=  Institutional property by quarter for NVIDIA (NASDAQ: NVDA) "title =" Institutional property by quarter for NVIDIA (NASDAQ: NVDA) "/> </p>
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