US Financial Advisors LLC has increased its stake in NVIDIA Co. by 5.2% in the fourth quarter, acquiring an additional 30 shares, bringing their total to 610 shares worth $302,000. Other hedge funds such as International Assets Investment Management LLC, Vanguard Group Inc., Dimensional Fund Advisors LP, California Public Employees Retirement System, and JP Morgan Private Wealth Advisors LLC have also increased their holdings in NVIDIA. Analysts have set new price targets for NVDA, with research firms like Needham & Company LLC, Argus, Evercore ISI, Morgan Stanley, and Oppenheimer providing buy ratings and higher price targets for the company. Internal transactions at NVIDIA include Director Mark Stevens selling shares of the company on multiple occasions. The stock performance of NVIDIA has been strong, with the company reporting impressive earnings per share and revenue growth. NVIDIA also announced a quarterly dividend for shareholders.
NVIDIA Corporation specializes in providing graphics, computing, and networking solutions across various industries. The company offers a range of products and services including GeForce GPUs for gaming, Quadro/NVIDIA RTX GPUs for enterprise workstations, automotive platforms, and virtual GPU software for cloud-based computing. Shareholders interested in NVIDIA can track hedge fund holdings and insider trading activities through HoldingsChannel.com. The company’s stock performance has been robust, with a 52-week high of $974.00. NVIDIA’s recent quarterly earnings exceeded analysts’ expectations, showcasing strong revenue growth and profitability. The company also declared a quarterly dividend for shareholders.
In summary, NVIDIA has seen an increase in institutional investments, positive analyst ratings, strong stock performance, and solid financial results in recent quarters. The company continues to innovate in the graphics and computing space, offering a range of products and services to cater to various industries. Shareholders and investors can track NVIDIA’s performance through market research reports and stay updated on the latest news and ratings from MarketBeat.com.
Article Source
https://www.defenseworld.net/2024/05/21/us-financial-advisors-llc-purchases-30-shares-of-nvidia-co-nasdaqnvda.html