NVDA has been the subject of a number of research analyst reports. The research firm Downgrade the stock to Underweight. It is positive, as 2 investors sold SP Plus Corp shares while 24 reduced holdings. Quadrant Capital Group LLC boosted its position in NVIDIA by 17.5% in the first quarter. 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. Mascoma Wealth Management LLC purchased a new stake in shares of NVIDIA during the fourth quarter worth approximately $154,000. Cornerstone Advisors Inc. raised its stake in shares of NVIDIA by 52.2% in the third quarter. Advisors Preferred LLC now owns 2,310 shares of the computer hardware maker's stock valued at $158,000 after buying an additional 2,051 shares during the period.
It is worth noting that the two S&P 500 best performers in the last 52 weeks have been producers of graphics processing unit (GPU), and that is not because of gaming. NVIDIA Corporation (NASDAQ:NVDA)'s shares are now trading -17.46% away from the 52-week high price of $120.77 and +191.86% far from the 52-week low price of $34.15. The company's market cap is $59.03 Billion, and the average volume is 15.85 Million. Monetta Financial Services Inc sold 20,000 shares as Nvidia Corp (NVDA)'s stock rose 46.85%. The price to earnings growth is 3.40 and the price to sales ratio is 17.
NVIDIA (NASDAQ:NVDA) last announced its earnings results on Thursday, February 9th.
Sonic Corp. highlighted its earnings success in the latest quarter as it beat the Street's earnings consensus estimates of $0.14 by $0.00999999999999998. NVIDIA had a net margin of 23.82% and a return on equity of 34.13%. Stock has got OUTPERFORM rating from 14 analysts of Thomson Reuters, 7 analysts given HOLD rating to the stock and 1 given UNDERPERFORM rating. The company's revenue for the quarter was up 54.9% compared to the same quarter a year ago.
While taking an overview of recommendation trends, the stock now has an average brokerage recommendation of 2.31.
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Several equities research analysts have recently issued reports on NVDA shares. Median price target has been set at $3 by analysts. Mizuho maintained it with "Buy" rating and $115 target in Tuesday, December 20 report. The recommendation scale measures the value from 1 to 5, where 1 means "Strong Buy" and 5 stands for "Sell". Analysts are estimating that NVIDIA Corporation (NVDA) to hit $116.30 Price Target in next one year, this mean price is come up through the consensus of analysts. The share price is now up 4.19% for the past three months. Following the transaction, the insider now directly owns 1,751,872 shares of the company's stock, valued at $179,987,329.28. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Michael Byron sold 750 shares of the firm's stock in a transaction dated Wednesday, March 1st. It also offers a test of the 200-day simple moving average and 38% retracement level from the February 2016 low. 2,963,275 shares of the company were exchanged. The disclosure for this sale can be found here. Quarterly performance of the company shows declining momentum of -3.05% while its last one month trend is negative with -8.93%. Corporate insiders own 5.82% of the company's stock. Its GPU businesses include GeForce for personal computer (PC) gaming; Quadro for design professionals working in computer-aided design, video editing, special effects and other creative applications; Tesla for deep learning and accelerated computing, leveraging the parallel computing capabilities of graphics processing units (GPUs) for general objective computing, and GRID to provide the power of NVIDIA graphics through the cloud and datacenters. The Company's operates through two divisions: GPU and Tegra Processor. The Company's GPU product brands are aimed at specialized markets, including GeForce for gamers; Quadro for designers; Tesla and DGX for AI data scientists and big data researchers; and GRID for cloud visual computing users.