One Charles Private Wealth Services LLC Reduces Stake in NVIDIA Corporation

One Charles Private Wealth Services LLC has slightly decreased its investment in NVIDIA Corporation (NASDAQ:NVDA) by selling a small portion of its shares. The wealth management firm let go of 15 shares, a 0.8% reduction, during the 4th quarter. Post-sale, the firm still holds 1,808 shares valued at approximately $895,000.

Investment Changes by Other Firms

Similarly, various other institutional investors and hedge funds have adjusted their NVIDIA holdings. For example, Lodestar Private Asset Management LLC increased its NVIDIA shares by 1%, now owning 1,652 shares worth around $818,000. Campbell Newman Asset Management Inc. also upped their shares by 0.6%, reaching a holding of 2,991 shares valued at $1,481,000. Other firms like Kraft Davis & Associates LLC and IAG Wealth Partners LLC have raised their stakes as well, each making modest share purchases in the 4th quarter.

Wall Street Analysts' Opinions

NVIDIA has attracted attention from several Wall Street analysts. Citigroup and UBS Group have increased their price objectives for the company's shares, citing confidence in NVIDIA's performance. Ratings vary from 'hold' to 'strong buy' among thirty-eight analysts, with a consensus suggesting a 'Moderate Buy' and a target price averaging $951.55.

NVIDIA's Market Performance

On the trading front, NVIDIA has experienced a stock price increase. Opening at $898.78 on a recent Friday, the company sports a market cap of $2.25 trillion. NVIDIA's financial report showed a quarterly EPS of $5.16, surpassing expectations and marking significant revenue growth year-over-year. Analysts anticipate an EPS of 22.55 for the current fiscal year.

Dividend Announcements

NVIDIA continues to reward shareholders with dividends. The latest dividend payment was issued in March at $0.04 per share, reflecting a 0.02% yield and a 1.34% payout ratio.

Insiders Selling Shares

Notable insider trades include sales by directors such as John Dabiri and Mark A. Stevens, with thousands of shares sold at high market prices. These transactions are part of standard legal disclosures filed with the Securities & Exchange Commission.

About NVIDIA

NVIDIA is a powerhouse in graphics, compute, and networking solutions with a diverse range of products and services. Its reach spans the gaming, enterprise, automotive, and metaverse sectors globally.

NVIDIA, Investment, Stocks