Published: Thu, March 15, 2018
Research | By Jody Lindsey

Stansberry Asset Management LLC Acquires New Stake in NVIDIA Co. (NVDA)

Raymond James Trust N.A. raised its position in shares of NVIDIA by 1.7% in the 4th quarter. Suncoast Equity Management who had been investing in Home Depot for a number of months, seems to be bullish on the $207.16B market cap company. First Citizens Bank & Trust Co. now owns 5,477 shares of the computer hardware maker's stock worth $1,060,000 after purchasing an additional 238 shares in the last quarter. The total dollar value of all 595.75 million outstanding shares is 147.57 billion. Baidu, Inc. (NASDAQ:BIDU) has risen 12.02% since March 14, 2017 and is uptrending. It has outperformed by 195.58% the S&P500.

Peddock Capital Advisors Llc decreased its stake in Nvidia Corp (NVDA) by 30.01% based on its latest 2017Q3 regulatory filing with the SEC. The hedge fund run by Adam Usdan held 10,000 shares of the health care company at the end of 2017Q3, valued at $804,000, down from 30,000 at the end of the previous reported quarter. Peddock Capital Advisors Llc who had been investing in Nvidia Corp for a number of months, seems to be less bullish one the $150.89B market cap company. About 10,927 shares traded.

NVIDIA (NASDAQ NVDA) opened at $247.71 on Wednesday. It has outperformed by 35.05% the S&P500.

Investors sentiment decreased to 1.21 in 2017 Q3.

Akers Biosciences, far traveled 465.57% versus a 1-year low price of $0.12. It is positive, as 45 investors sold NVDA shares while 282 reduced holdings. UBS maintained NVIDIA Corporation (NASDAQ:NVDA) rating on Monday, August 14. 7,649 are owned by Bell Retail Bank. M Holdg invested in 4,335 shares. Finally, Ashmore Wealth Management LLC purchased a new position in shares of NVIDIA in the 4th quarter valued at approximately $15,574,000. Caxton Assoc Ltd Partnership holds 0.12% in NVIDIA Corporation (NASDAQ:NVDA) or 19,000 shares. Blue Capital reported 2,018 shares. New England Invest And Retirement holds 0.17% or 1,751 shares. Financial Bank Hapoalim Bm has 0.13% invested in NVIDIA Corporation (NASDAQ:NVDA) for 3,215 shares. Profund Advisors LLC now owns 182,410 shares of the computer hardware maker's stock worth $35,296,000 after acquiring an additional 30,654 shares in the last quarter. Ingalls & Snyder Ltd Liability Corp holds 5,000 shares. Therefore 38% are positive. According to their predictions high & low revenue estimates are 2.96 Billion and 2.47 Billion respectively. Longbow upgraded the stock to "Outperform" rating in Wednesday, March 30 report. Also, Director Mark L. Perry sold 17,307 shares of the firm's stock in a transaction that occurred on Monday, February 12th.

When it comes to the Analysis of a Stock, Price Target plays a vital role. Mizuho reaffirmed a "buy" rating and issued a $225.00 price objective on shares of NVIDIA in a research report on Tuesday, November 28th. On Friday, November 24 the stock rating was maintained by RBC Capital Markets with "Buy". As per Friday, September 11, the company rating was maintained by BMO Capital Markets. Sandy Spring Bankshares invested 0.09% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). The stock has "Buy" rating by Societe Generale on Thursday, January 21. Needham downgraded the stock to "Hold" rating in Tuesday, November 3 report. The stock has "Buy" rating by Macquarie Research on Friday, July 28. The stock of Vivendi SA (OTCMKTS:VIVHY) has "Neutral" rating given on Friday, January 13 by JP Morgan.

Since September 18, 2017, it had 0 buys, and 11 selling transactions for $69.39 million activity. 50,000 shares were sold by COXE TENCH, worth $9.48 million on Monday, September 18.

West Virginia governor fires education secretary, wife of US Sen Joe Manchin
The secretary was told to do nothing since the governor had not made a final decision on the fate of her department. Manchin said said her offer to resign was contingent on Justice protecting the department.

In related news, CFO Colette Kress sold 171 shares of the business's stock in a transaction on Thursday, December 14th. 100,000 shares were sold by JONES HARVEY C, worth $18.57 million.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data on Thursday, February 8th.

For the current quarter, 22 analysts are projecting a mean EPS of $1.45/share. NVDA's profit will be $895.40M for 42.13 P/E if the $1.48 EPS becomes a reality.

Riverhead Capital Management Llc, which manages about $2.13B US Long portfolio, decreased its stake in Ford Motor Co (NYSE:F) by 106,650 shares to 169,104 shares, valued at $2.02M in 2017Q3, according to the filing. The institutional investor held 65,272 shares of the semiconductors company at the end of 2017Q3, valued at $11.67 million, up from 25,390 at the end of the previous reported quarter. Wolverine Asset Mngmt Lc owns 4 shares. Franklin Resource holds 2.32 million shares or 0.09% of its portfolio. Two Sigma Securities Ltd Liability Corporation has 2,285 shares. The Massachusetts-based Rhumbline Advisers has invested 0.01% in Clovis Oncology, Inc. Horseman Capital Mgmt accumulated 24,300 shares. 459,470 were accumulated by Westfield Capital Management Lp. (NASDAQ:CLVS). Fred Alger Mngmt Inc has invested 0.32% in Clovis Oncology, Inc. Nine Masts Capital stated it has 0.32% in NVIDIA Corporation (NASDAQ:NVDA). The stock was sold at an average price of $227.93, for a total value of $3,944,784.51.

Among 34 analysts covering The Home Depot Inc. (NASDAQ:AAPL) to report earnings on May, 1.

NVIDIA Co. has a 1 year low of $95.49 and a 1 year high of $254.50. (NASDAQ:AMZN) by 1,683 shares in the quarter, leaving it with 33,073 shares, and cut its stake in Paypal Holdings Inc.

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