Umpqua Bank Trims Stock Holdings in NVIDIA Co. (NASDAQ:NVDA)
2025-04-26T07:49:05Z
Umpqua Bank cut its position in NVIDIA Co. (NASDAQ:NVDA – Free Report) by 2.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 77,914 shares of the computer hardware maker’s stock after selling 2,321 shares during the period. NVIDIA makes up …
Umpqua Bank cut its position in NVIDIA Co. (NASDAQ:NVDA – Free Report) by 2.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 77,914 shares of the computer hardware maker’s stock after selling 2,321 shares during the period. NVIDIA makes up 3.6% of Umpqua Bank’s portfolio, making the stock its 5th biggest holding. Umpqua Bank’s holdings in NVIDIA were worth $10,266,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently made changes to their positions in the company. Geode Capital Management LLC raised its position in NVIDIA by 2.2% during the 3rd quarter. Geode Capital Management LLC now owns 546,079,492 shares of the computer hardware maker’s stock worth $66,101,133,000 after purchasing an additional 11,525,969 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of NVIDIA by 3.8% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 180,403,789 shares of the computer hardware maker’s stock valued at $21,908,236,000 after buying an additional 6,526,200 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of NVIDIA by 3.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 151,280,130 shares of the computer hardware maker’s stock worth $20,315,409,000 after acquiring an additional 5,211,040 shares during the last quarter. Amundi lifted its stake in shares of NVIDIA by 12.9% in the fourth quarter. Amundi now owns 117,036,612 shares of the computer hardware maker’s stock worth $16,394,224,000 after acquiring an additional 13,406,054 shares during the period. Finally, Fisher Asset Management LLC boosted its holdings in NVIDIA by 1.7% in the fourth quarter. Fisher Asset Management LLC now owns 98,339,379 shares of the computer hardware maker’s stock valued at $13,205,995,000 after acquiring an additional 1,618,672 shares during the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.
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NVIDIA Stock Performance
Shares of NVIDIA stock opened at $111.01 on Friday. The business’s fifty day simple moving average is $113.21 and its 200 day simple moving average is $129.01. The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13. NVIDIA Co. has a 12 month low of $81.25 and a 12 month high of $195.95. The firm has a market capitalization of $2.71 trillion, a P/E ratio of 43.69, a price-to-earnings-growth ratio of 1.76 and a beta of 1.96.
NVIDIA Announces Dividend
NVIDIA ( NASDAQ:NVDA Get Free Report ) last released its earnings results on Wednesday, February 26th. The computer hardware maker reported $0.89 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.05. The company had revenue of $39.33 billion for the quarter, compared to analysts’ expectations of $38.16 billion. NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. As a group, analysts anticipate that NVIDIA Co. will post 2.77 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th were paid a dividend of $0.01 per share. The ex-dividend date was Wednesday, March 12th. This represents a $0.04 annualized dividend and a dividend yield of 0.04%. NVIDIA’s payout ratio is currently 1.36%.
Insider Activity at NVIDIA
In related news, insider Donald F. Robertson, Jr. sold 4,500 shares of the business’s stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $116.80, for a total value of $525,600.00. Following the sale, the insider now directly owns 479,428 shares in the company, valued at approximately $55,997,190.40. The trade was a 0.93 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director John Dabiri sold 2,663 shares of the stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $110.00, for a total transaction of $292,930.00. Following the transaction, the director now owns 17,279 shares of the company’s stock, valued at $1,900,690. This represents a 13.35 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 147,147 shares of company stock worth $17,133,207. Insiders own 4.23% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms have issued reports on NVDA. Citigroup restated a “buy” rating on shares of NVIDIA in a report on Wednesday, April 16th. Raymond James reiterated a “strong-buy” rating on shares of NVIDIA in a report on Wednesday, April 16th. DA Davidson dropped their price objective on NVIDIA from $125.00 to $120.00 and set a “neutral” rating on the stock in a research note on Monday, April 14th. HSBC cut NVIDIA from a “buy” rating to a “hold” rating and set a $120.00 target price for the company. in a research note on Thursday, April 3rd. Finally, TD Cowen dropped their price target on NVIDIA from $175.00 to $140.00 and set a “buy” rating on the stock in a research note on Wednesday, April 9th. Six analysts have rated the stock with a hold rating, thirty-six have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $164.96.
Read Our Latest Stock Analysis on NVIDIA
NVIDIA Company Profile
(Free Report)
NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.
See Also
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