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Kessler Investment Group LLC boosted its position in shares of NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 14.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 47,927 shares of the computer hardware maker’s stock after buying an additional 5,943 shares during the period. NVIDIA makes up about 3.0% of Kessler Investment Group LLC’s portfolio, making the stock its 16th biggest holding. Kessler Investment Group LLC’s holdings in NVIDIA were worth $5,820,000 at the end of the most recent reporting period. Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Legal & General Group Plc raised its position in NVIDIA by 884.0% during the second quarter. Legal & General Group Plc now owns 213,127,959 shares of the computer hardware maker’s stock valued at $26,329,751,000 after purchasing an additional 191,469,114 shares during the period. Bank of New York Mellon Corp raised its position in NVIDIA by 854.1% during the second quarter. Bank of New York Mellon Corp now owns 182,622,629 shares of the computer hardware maker’s stock valued at $22,561,200,000 after purchasing an additional 163,482,580 shares during the period. Ameriprise Financial Inc. raised its position in NVIDIA by 870.3% during the second quarter. Ameriprise Financial Inc. now owns 102,422,225 shares of the computer hardware maker’s stock valued at $12,658,922,000 after purchasing an additional 91,867,031 shares during the period. Dimensional Fund Advisors LP raised its position in NVIDIA by 1,123.2% during the second quarter. Dimensional Fund Advisors LP now owns 92,039,713 shares of the computer hardware maker’s stock valued at $11,371,255,000 after purchasing an additional 84,515,429 shares during the period. Finally, Massachusetts Financial Services Co. MA raised its position in NVIDIA by 808.6% during the second quarter. Massachusetts Financial Services Co. MA now owns 82,689,605 shares of the computer hardware maker’s stock valued at $10,215,474,000 after purchasing an additional 73,589,208 shares during the period. 65.27% of the stock is owned by institutional investors. Analysts Set New Price Targets NVDA has been the topic of a number of recent research reports. DA Davidson upped their price objective on NVIDIA from $90.00 to $135.00 and gave the company a “neutral” rating in a research report on Friday, November 22nd. Raymond James increased their price target on NVIDIA from $140.00 to $170.00 and gave the stock a “strong-buy” rating in a report on Thursday, November 14th. Rosenblatt Securities reiterated a “buy” rating and issued a $200.00 price target on shares of NVIDIA in a report on Monday, November 18th. HSBC increased their price target on NVIDIA from $145.00 to $200.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. Finally, Westpark Capital increased their price target on NVIDIA from $127.50 to $165.00 and gave the stock a “buy” rating in a report on Thursday, August 29th. Four research analysts have rated the stock with a hold rating, thirty-nine have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, NVIDIA has a consensus rating of “Moderate Buy” and an average price target of $164.15. Insider Buying and Selling at NVIDIA In other news, Director John Dabiri sold 716 shares of the stock in a transaction on Monday, November 25th. The shares were sold at an average price of $142.00, for a total value of $101,672.00. Following the sale, the director now owns 19,942 shares in the company, valued at $2,831,764. This represents a 3.47 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website . Also, CEO Jen Hsun Huang sold 120,000 shares of the stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $110.76, for a total transaction of $13,291,200.00. Following the completion of the sale, the chief executive officer now owns 76,375,705 shares in the company, valued at $8,459,373,085.80. The trade was a 0.16 % decrease in their position. The disclosure for this sale can be found here . In the last quarter, insiders have sold 2,036,986 shares of company stock worth $240,602,399. 4.23% of the stock is owned by corporate insiders. NVIDIA Trading Up 2.2 % NASDAQ NVDA opened at $138.25 on Friday. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13. The firm has a market cap of $3.39 trillion, a PE ratio of 54.41, a price-to-earnings-growth ratio of 2.45 and a beta of 1.66. The company has a 50 day moving average price of $136.05 and a 200 day moving average price of $123.67. NVIDIA Co. has a 52 week low of $45.01 and a 52 week high of $152.89. NVIDIA ( NASDAQ:NVDA – Get Free Report ) last issued its quarterly earnings results on Wednesday, November 20th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.12. NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. The business had revenue of $35.08 billion for the quarter, compared to analyst estimates of $33.15 billion. During the same quarter in the prior year, the business posted $0.38 EPS. NVIDIA’s revenue for the quarter was up 93.6% compared to the same quarter last year. As a group, sell-side analysts forecast that NVIDIA Co. will post 2.76 EPS for the current fiscal year. NVIDIA Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Thursday, December 5th will be paid a dividend of $0.01 per share. The ex-dividend date of this dividend is Thursday, December 5th. This represents a $0.04 dividend on an annualized basis and a yield of 0.03%. NVIDIA’s payout ratio is 1.57%. NVIDIA announced that its board has authorized a share buyback program on Wednesday, August 28th that allows the company to repurchase $50.00 billion in outstanding shares. This repurchase authorization allows the computer hardware maker to reacquire up to 1.6% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued. NVIDIA Profile ( Free Report ) NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications. 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Numerology Horoscope 2025 for Root Number 9The Issue: President Biden’s pardon of Hunter Biden for all offenses committed in an 11-year period. I actually wasn’t surprised when President Biden pardoned his son ( “Hunter gets away with it,” Dec. 2). I never believed him when he said he wouldn’t. He lied at that time because the country was in an election cycle and he didn’t have the courage to tell the truth. Imagine him saying his son was singled out for prosecution. Does that remind you of anyone? Nor was I surprised at Whoopi Goldberg and her cohorts at “The View.” Their response to the pardon was not to chastise the liar, but instead to point out the number of pardons President-elect Donald Trump issued during his first presidency. If I didn’t laugh, I’d cry. Frank Olivieri North Ft. Myers, Fla. After the results of the last election and after an incredible number of news stories covering Joe Biden cheating, lying and taking advantage of his political positions over a 50-year political career, I think the public has had its fill of corrupt politicians staying in office. Biden pardoning his son Hunter for the multitude of crimes he committed is a fitting “icing on the cake” to end Joe’s miserable career. Harry Winkler West Palm Beach, Fla. What shocks me is the pathetic, blind belief of millions of Americans that the ultra-revealing laptop was not Hunter’s, the gun wasn’t his, the baby girl was not his, he “forgot” to pay millions in taxes and now the ultimate nonsense that we’re asked to swallow from Joe: Hunter was “singled out only because he is my son.” And dear Joe is erasing any chance of investigating 10 years’ worth of Hunter’s nefarious deeds involving millions of questionably obtained funds, thus seemingly dropping cases that Joe was undoubtedly involved in also. It’s good to be king. Barbara Kenerson Palmetto, Fla. It’s no coincidence that Hunter pleaded guilty shortly after his father was unceremoniously removed from running for a second term by his fellow Democrats. This set up Hunter’s pardon, even though his father said that he would not pardon his son. Chalk it up as one of the many lies that came out of the Biden White House. Chris Tripoulas Manhattan Well, the liar-in-chief Biden, who received “bottomless Pinocchios” from The Washington Post because of his propensity to lie, has again lied by pardoning his son Hunter Biden. Everyone remembers how forcefully Biden stated in the recent past that he would not pardon Hunter, since “no one is above the law.” I highly recommend that Trump completely pardon and exonerate every American citizen who was arrested and/or convicted on Jan. 6 and expunge all of their records. I say this with no reservations. With Hunter’s pardon, the concept of “no one is above the law” has been changed to “just some are totally above the law.” Especially if it’s the president’s son who has committed crimes against the United States of America. Peter Gryzmolowicz Farmingdale, NJ Quelle surprise! Biden pardons his son Hunter as one of his last official acts as president after repeated statements that he would not do so. But the reason he gave for this act is the real shocker: Joe Biden claimed that Hunter was “selectively and unfairly” prosecuted. What arrogance! Apparently, only Trump is a real criminal in Biden World. Joe and Hunter’s family business “shenanigans” are just a right-wing conspiracy. Move along. Nothing to see here. Eileen Rosamilia Morristown, NJ Biden pardoned his son Hunter because he felt that Hunter was prosecuted for “political reasons.” Isn’t this what the Democrats have been doing to Trump for several years? Ted Rallis Mamaroneck I believe you erred when you stated that Biden pardoned two turkeys this past week. Counting Hunter, he actually pardoned three. Ken Chorzewski New Rochelle
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