Nvidia (NVDA) Holdings Reduced by Cadence Bank NA

Posted May 12, 2018

Asset Corp holds 0.06% in NVIDIA Corporation (NASDAQ:NVDA) or 2,000 shares. First Citizens Bank & Trust Co. now owns 5,477 shares of the computer hardware maker's stock valued at $1,060,000 after purchasing an additional 238 shares during the period.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company.

Overall revenue for the quarter hit a record $3.21 billion, up 66% from last year and GAAP EPS of $1.98 also set a new record, growing a whopping 151% from last year.

Revenue from Nvidia's automotive group - the company supplies its chips to autonomous carmakers but also has a fleet of its own driverless cars - grew 4 percent from a year earlier to $145mln. Global Trust Asset Management LLC acquired a new position in Nvidia in the 4th quarter worth about $116,000.

Shares of Nvidia stock opened at $231.37 on Thursday. SB Investment Advisers UK Ltd. bought a new position in Nvidia during the 4th quarter valued at approximately $5,200,218,000. However, investors can and should determine their own price targets for entering and exiting stock positions. Intel Corp. has been pitching both its own mainstream central processing units for at least some machine learning workloads, and it has picked up a number of chip companies in recent years to do more specialized AI work such as computer vision. Stifel Nicolaus increased their price objective on Nvidia from $184.00 to $220.00 and gave the company a "hold" rating in a research report on Friday, February 9th. NVIDIA Corporation has been given an analysts' mean target of 249.58. Royal Bank of Canada reiterated an "outperform" rating and issued a $285.00 price objective (up previously from $280.00) on shares of Nvidia in a report on Wednesday, March 14th. Deutsche Bank upped their price objective on Nvidia from $230.00 to $240.00 and gave the company a "hold" rating in a report on Tuesday. They noted that the move was a valuation call. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.65 per share.

Nvidia said it intends to spend $1.25 billion on share buybacks and dividends this year. $119,427 worth of NVIDIA Corporation (NASDAQ:NVDA) shs were sold by Drell Persis. The volume of the company in the last trading session was 6.56 Million. Nvidia has a 12-month low of $250.19 and a 12-month high of $256.25. The company's sales of datacenters stood at $701 million, or a rise of 71%, rather than the $656 million consensus analyst estimate. Information in this release is fact checked and produced by competent editors of Alpha Beta Stock; however, human error can exist. RBC Capital Markets maintained NVIDIA Corporation (NASDAQ:NVDA) on Friday, November 10 with "Buy" rating. The firm's revenue was up 34.0% on a year-over-year basis. equities analysts expect that Nvidia will post 6.09 earnings per share for the current year. $31,732 worth of NVIDIA Corporation (NASDAQ:NVDA) was sold by Kress Colette on Wednesday, December 13. The business had revenue of $2.91 billion during the quarter, compared to analysts' expectations of $2.67 billion.

EPS Growth this year is 79.6 percent. Crypto sales will probably fall by about two-thirds in the current fiscal quarter, the company said. Earlier, the stock had closed at a record $260.13 in NY. The stock was sold at an average price of $245.67, for a total transaction of $9,914,995.53. 17,307 shares were sold by PERRY MARK L, worth $3.94M on Monday, February 12. The disclosure for this sale can be found here.

The Stock had a 2.1 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.13 and 2.24 respectively. The GPU segment offers processors, which include GeForce for PC gaming; GeForce NOW for cloud game-streaming service; Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications; Tesla for deep learning, accelerated computing, and general objective computing; and GRID for cloud visual computing users.