Can NVIDIA Corporation (NASDAQ:NVDA) Grab Upward Traction?

Share

Barclays PLC reaffirmed an equal weight rating and issued a $200.00 target price (up from $140.00) on shares of NVIDIA Corporation in a research report on Wednesday, October 4th. Waratah Capital Advisors Ltd has 11,884 shares for 0.24% of their portfolio. Contour Asset Ltd Liability Corp holds 2.21% or 253,291 shares in its portfolio. The business's revenue was up 56.2% on a year-over-year basis. Quantum Management holds 2.62% or 284,722 shares in its portfolio. Hanson McClain Inc. now owns 881 shares of the computer hardware maker's stock worth $127,000 after acquiring an additional 99 shares during the last quarter. NVIDIA Corporation now has a PEG ratio of 4.23.Most importantly investors want to know where the stock is headed from here. The Tokio Marine Asset Management Co Ltd holds 106,000 shares with $3.98M value, up from 96,700 last quarter.

"Virtually all carmakers, transportation as a service companies, as well as startups are using NVIDIA AI in the development of Level 5 vehicles", he wrote. Ancora Advsr Limited Liability invested 0.1% of its portfolio in Digirad Corporation (NASDAQ:DRAD). Louisiana State Employees Retirement Systems invested 0.26% in NVIDIA Corporation (NASDAQ:NVDA). The company had a trading volume of 14,311,574 shares.

Since May 11, 2017, it had 0 buys, and 7 sales for $39.65 million activity. Also, insider Michael Byron sold 409 shares of NVIDIA Corporation stock in a transaction that occurred on Friday, September 1st. Over the last quarter, insiders sold 452,784 shares of company stock worth $81,437,724. NVIDIA Corporation (NASDAQ:NVDA) has risen 212.28% since October 13, 2016 and is uptrending.

Tokio Marine Asset Management Co Ltd increased Terex Corp New (TEX) stake by 9.62% reported in 2017Q2 SEC filing. The hedge fund held 796,400 shares of the semiconductors company at the end of 2017Q2, valued at $115.13M, down from 899,300 at the end of the previous reported quarter. For NVDA, the company now has $1.99 Billion of cash on the books, which is offset by $89 Million current liabilities. The stock has a beta value of 1.18. Another trade for 63,717 shares valued at $9.23 million was sold by Shoquist Debora. It has outperformed by 195.58% the S&P500.

Capital Fund Management Sa, which manages about $3.92 billion and $12.40 billion US Long portfolio, upped its stake in Hologic Inc (NASDAQ:HOLX) by 95,368 shares to 102,165 shares, valued at $4.64 million in 2017Q2, according to the filing. Goldman Sachs Group, Inc. Globenewswire.com's article titled: "Air Lease Corporation Announces Third Quarter 2017 Earnings Conference Call" and published on October 05, 2017 is yet another important article. Analysts forecast EPS of $0.94, up exactly $0.11 or 13.25 % from 2014's $0.83 EPS. The computer hardware maker reported $1.01 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.69 by $0.32. The company's quarterly EPS surprised Wall Street by as much as -1% to the downside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates. The RSI for NVIDIA Corporation (NASDAQ:NVDA) now stands at 72.99. Biz Away From NVIDIA Corp." published on September 27, 2017 as well as Seekingalpha.com's news article titled: "Nvidia Is Powered By Strong Momentum" with publication date: "October 09, 2017. Zacks Investment Research raised NVIDIA Corporation from a "hold" rating to a "strong-buy" rating and set a $169.00 price target for the company in a research report on Tuesday, July 11th. Therefore 53% are positive.

A total of 18 analysts have released a report on NVIDIA. The firm has "Buy" rating given on Tuesday, July 4 by Jefferies. The rating was maintained by Nomura with "Reduce" on Friday, August 11. KeyBanc Capital Markets upgraded the stock to "Hold" rating in Tuesday, June 20 report. Citigroup maintained NVIDIA Corporation (NASDAQ:NVDA) rating on Friday, August 11. The rating was maintained by RBC Capital Markets with "Buy" on Thursday, August 17. Vetr downgraded NVIDIA Corporation (NASDAQ:NVDA) on Thursday, September 17 to "Buy" rating. (The) raised their target price on NVIDIA Corporation from $193.00 to $217.00 and gave the company a "buy" rating in a research note on Wednesday. The firm has "Hold" rating by Needham given on Tuesday, November 3. The firm has "Buy" rating by M Partners given on Wednesday, December 30.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Share