Does The Data Supplment NVIDIA Corporation (NASDAQ:NVDA) Movement?

Tammy Harvey
November 11, 2017

Essex Invest Company Llc holds 0.38% or 52,308 shares. Us Financial Bank De invested in 34,528 shares or 0.02% of the stock. Inc. lifted its stake in NVIDIA Corporation by 0.7% during the second quarter. RB Capital Management LLC bought a new stake in NVIDIA Corporation during the 2nd quarter valued at about $272,000. COXE TENCH sold $8.23M worth of stock. SunTrust Banks, Inc. upped their price target on shares of NVIDIA Corporation to $253.00 and gave the company a "buy" rating in a research note on Friday. Nvidia Corporation has $250.0 highest and $20 lowest target. It also reduced Pfizer Inc (NYSE:PFE) stake by 57,000 shares and now owns 695,000 shares.

A number of analysts recently commented on the stock.

Shares of NVidia closed Thursday down 1.8% at $205.32, with a consensus analyst price target of $169.55 and a 52-week range of $66.76 to $212.90. M Partners maintained it with "Buy" rating and $74 target in Thursday, September 15 report. Nomura raised NVIDIA Corporation from a "reduce" rating to a "neutral" rating and set a $110.00 target price for the company in a report on Friday. Adirondack Tru Commerce holds 0.02% in NVIDIA Corporation (NASDAQ:NVDA) or 140 shares.

Among 44 analysts covering Nvidia Corporation (NASDAQ:NVDA), 25 have Buy rating, 5 Sell and 14 Hold. Meanwhile, the average 12-month price target from Wall Street analysts is now $172.08, this means that the stock is overpriced by -19.317%. If you are reading this piece of content on another website, it was illegally stolen and republished in violation of United States and worldwide copyright and trademark legislation. The correct version of this piece can be viewed at

In related news, EVP Debora Shoquist sold 33,498 shares of NVIDIA Corporation stock in a transaction dated Tuesday, October 10th. The stock was sold at an average price of $185.31, for a total value of $4,226,550.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Vanguard Group Inc. now owns 47,688,150 shares of the computer hardware maker's stock valued at $2,241,821,000 after buying an additional 601,606 shares during the period. Shares for $434,980 were sold by SEAWELL A BROOKE. Glg Ltd owns 23,432 shares. The disclosure for this sale can be found here. 81,931 shares were sold by Puri Ajay K, worth $11.46 million. Institutional investors own 88.79% of the company's stock.

Shares of RPX Corporation (NASDAQ RPXC) traded down $0.02 during midday trading on Tuesday, reaching $12.85. The company has a quick ratio of 6.99, a current ratio of 7.82 and a debt-to-equity ratio of 0.33.

The firm has a market capitalization of $130,280.00, a P/E ratio of 58.75, a price-to-earnings-growth ratio of 5.17 and a beta of 1.23. RPX Corporation had 11 analyst reports since August 20, 2015 according to SRatingsIntel. NVIDIA Corporation's dividend payout ratio is presently 16.05%. The business services provider reported $0.22 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.17 by $0.05. The hedge fund held 1.17M shares of the semiconductors company at the end of 2017Q2, valued at $168.92 million, up from 59,200 at the end of the previous reported quarter. NVIDIA Corporation's Return on Equity (ROE) of 39.40% reveals how much profit they generate with money from shareholders.

Late Thursday, Microsemi reported adjusted earnings per share of $1.09, up 20% year over year, on sales of $475.3 million, up 6%, in the quarter ended October 1. Equities research analysts forecast that Nvidia Corp. will post $2.42 earnings per share for the current fiscal year. The firm has "Hold" rating by Evercore given on Tuesday, October 13. The ex-dividend date is Friday, November 17th. This represents a $0.56 annualized dividend and a yield of 0.61%. NVIDIA Corporation's payout ratio is now 16.05%.

NVIDIA's invention of the GPU in 1999 sparked the growth of the PC gaming market, redefined modern computer graphics and revolutionized parallel computing. The Firm operates through its subsidiary, Rockland Trust Company. Everyone wants to see their stock picks soar, but the stark reality is that during a market wide sell-off, this may not be the case.

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