FBN Securities: NVIDIA (NASDAQ:NVDA) has $300 Target Has New Rating.

June 27, 2018 - By Carey Conley

NVIDIA Corporation (NASDAQ:NVDA) Corporate Logo

During Q1 2018 the big money sentiment decreased to 1.2. That’s change of 0.01, from 2017Q4’s 1.21. 65 investors sold all, 328 reduced holdings as NVIDIA Corporation ratio dived. 328 grew holdings while 142 funds acquired holdings. Funds hold 357.39 million shares thus 1.72% less from 2017Q4’s 363.65 million shares.

Gamble Jones Investment Counsel invested in 0.02% or 965 shs. Calamos Ltd Liability Corporation owns 192,473 shs or 0.29% of their US capital. Reilly Finance Advsrs Ltd Llc invested in 750 shs. Rathbone Brothers Public Ltd Company owns 7,433 shs. Ameritas Inv owns 31,037 shs or 0.34% of their US capital. Van Eck invested 0.27% of its capital in NVIDIA Corporation (NASDAQ:NVDA). Pennsylvania-based Cim Mangement Incorporated has invested 0.29% in NVIDIA Corporation (NASDAQ:NVDA). California-based Shelton Cap Mgmt has invested 0.83% in NVIDIA Corporation (NASDAQ:NVDA). 1,386 were accumulated by Captrust Financial. Duncker Streett & owns 350 shs. Inverness Counsel Ny holds 1,050 shs. Moreover, Fort Washington Investment Advsrs Oh has 0.01% invested in NVIDIA Corporation (NASDAQ:NVDA) for 4,699 shs. Rice Hall James And Lc stated it has 0.07% of its capital in NVIDIA Corporation (NASDAQ:NVDA). Blb&B Lc has 1,688 shs. Regentatlantic Cap Ltd Liability Company holds 0.09% or 4,589 shs in its capital.

NVIDIA Corporation had 12 sales and 0 insider purchases since February 12, 2018. This’s net activity of $66.10 million. On Tuesday, March 27 32,049 shs were sold by Shoquist Debora, worth $7.67M. Shares for $11.41M were sold by GAITHER JAMES C on Thursday, May 31. On Wednesday, June 13 STEVENS MARK A sold $10.03 million worth of NVIDIA Corporation (NASDAQ:NVDA). 4,643 shs valued at $1.24 million were sold by Puri Ajay K on Thursday, June 14. The insider Drell Persis sold 5,141 shs worth $1.13 million. Kress Colette sold $229,042 worth of stock or 889 shs.

What Price Target Has FBN Securities Given NVIDIA (NASDAQ:NVDA)

FBN Securities issued on Tuesday, 26 June an analysts report that it began coverage on NVIDIA (NASDAQ:NVDA) that has $300 TP on NVDA and Outperform rating.

NVIDIA Corporation (NASDAQ:NVDA) Ratings Coverage

In total 20 analysts cover Nvidia (NASDAQ:NVDA). “Buy” rating has 16, “Sell” are 0, while 4 are “Hold”. (NASDAQ:NVDA) has 80% bullish analysts. 37 are the (NASDAQ:NVDA)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Friday, February 9 SunTrust maintained NVIDIA Corporation (NASDAQ:NVDA) with “Buy” rating. On Wednesday, April 4 the firm has “Buy” rating given by Evercore. On Friday, May 4 the rating was maintained by Goldman Sachs with “Buy”. On Friday, May 11 the stock has “Overweight” rating by Barclays Capital. The stock rating was maintained by B. Riley & Co with “Buy” on Friday, February 9. In Thursday, February 8 report Stifel Nicolaus maintained the stock with “Hold” rating. On Friday, January 12 the stock has “Buy” rating by Citigroup. In Monday, January 15 report Mizuho maintained the stock with “Buy” rating. In Friday, May 11 report Stifel Nicolaus maintained it with “Hold” rating and $24300 target. On Tuesday, April 10 the firm has “Overweight” rating by Morgan Stanley given.

NVDA is hitting $241.99 during the last trading session, after increased 1.20%.NVIDIA Corporation has volume of 11.41M shares. Since June 27, 2017 NVDA has risen 80.30% and is uptrending. NVDA outperformed the S&P500 by 67.73%.

On August, 9. Investors expect NVIDIA Corporation (NASDAQ:NVDA) to reveal its quarterly earnings, according to RTT. Analysts expect change of 78.26 % or $0.72 from previous year’s $0.92 EPS compared to current’s $1.64 EPS. If NVDA’s EPS is $1.64 the profit will hit $995.48M for 36.89 P/E. Wall Street sees -12.77 % negative EPS growth as of August, 9.

NVIDIA Corporation operates as a visual computing firm worldwide.The firm is worth $146.89 billion. It operates through two divisions, GPU and Tegra Processor.40.22 is the P/E ratio. The GPU segment offers processors, which include GeForce for PC gaming and mainstream PCs; 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 AI utilizing deep learning, accelerated computing, and general purpose computing; GRID provides power of NVIDIA graphics through the cloud and datacenters; DGX for AI scientists, researchers, and developers; and cryptocurrency-specific graphics processing units.

For more NVIDIA Corporation (NASDAQ:NVDA) news published briefly go to: Fool.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “How Intel and AMD’s Partnership Could Throttle NVIDIA’s Growth” published on June 23, 2018, “Combining AI, Active And Passive Management” on June 26, 2018, “Nvidia: 2018 Target Prices” with a publish date: June 07, 2018, “The Market Doesn’t Care About Nvidia” and the last “UBS raises its Nvidia target on facial recognition boom” with publication date: June 18, 2018.

NVIDIA Corporation (NASDAQ:NVDA) Institutional Investors Chart

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