On Jun 27, 2018 NVIDIA (NASDAQ:NVDA) with $280 Target Was Coveraged By Benchmark.

June 27, 2018 - By Alex Paulin

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 fall. 328 increased stakes while 142 funds amassed stakes. Funds hold 357.39 million shares thus 1.72% less from 2017Q4’s 363.65 million shares.

Taylor Frigon Mgmt Limited Liability holds 2.04% or 11,347 shs in its capital. Hartford Inv Mgmt Communication holds 0.55% or 119,696 shs in its capital. 14,603 were accumulated by Bailard Incorporated. Moreover, Landscape Lc has 0.05% invested in NVIDIA Corporation (NASDAQ:NVDA) for 2,823 shs. Raymond James Tru Na has invested 0.18% in NVIDIA Corporation (NASDAQ:NVDA). Hodges Cap, a Texas-based fund reported 1,200 shs. Estabrook Cap Mngmt has 0% invested in NVIDIA Corporation (NASDAQ:NVDA). Leavell Investment Inc holds 1.34% in NVIDIA Corporation (NASDAQ:NVDA) or 49,872 shs. Adell Harriman Carpenter Inc holds 0% of its capital in NVIDIA Corporation (NASDAQ:NVDA) for 11,334 shs. Columbus Circle Investors reported 120,335 shs. Contravisory Inv Management holds 0.19% of its capital in NVIDIA Corporation (NASDAQ:NVDA) for 2,280 shs. Whale Rock Cap Mgmt Llc holds 3.44% of its capital in NVIDIA Corporation (NASDAQ:NVDA) for 436,730 shs. Victory Mgmt stated it has 214,683 shs or 0.11% of all its holdings. Ardevora Asset Mngmt Llp owns 0% invested in NVIDIA Corporation (NASDAQ:NVDA) for 89 shs. Rosenblum Silverman Sutton S F Inc Ca holds 58,655 shs.

NVIDIA Corporation registered $66.10 million net activity with 0 buys and 12 insider sales since February 12, 2018. The insider Shoquist Debora sold 32,049 shs worth $7.67M. Puri Ajay K sold $1.24 million worth of NVIDIA Corporation (NASDAQ:NVDA) on Thursday, June 14. On Wednesday, June 20 Kress Colette also sold $229,042 worth of NVIDIA Corporation (NASDAQ:NVDA). On Monday, June 4 SEAWELL A BROOKE sold $5.57M worth of NVIDIA Corporation (NASDAQ:NVDA) or 21,029 shs. On Wednesday, March 28 $1.13 million worth of stock was sold by Drell Persis. PERRY MARK L also sold $3.94 million worth of NVIDIA Corporation (NASDAQ:NVDA) on Monday, February 12.

What Price Target Has Benchmark Given NVIDIA (NASDAQ:NVDA)

Today a note was shared with investors, in which Benchmark analyst has started coverage of NVIDIA (NASDAQ:NVDA) with “Buy” rating. The Equities researchers give $280 target price per share which means upside potential of 15.71 % on NVDA’s shares.

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”. 80% are bullish. 37 are the (NASDAQ:NVDA)’s analyst reports since January 5, 2018 according to StockzIntelligence Inc. On Tuesday, March 27 SunTrust maintained the shares of NVDA in report with “Buy” rating. On Thursday, February 8 the stock of NVIDIA Corporation (NASDAQ:NVDA) earned “Buy” rating by Bernstein. On Thursday, May 3 Barclays Capital upgraded the shares of NVDA in report to “Overweight” rating. On Monday, June 18 UBS maintained NVIDIA Corporation (NASDAQ:NVDA) with “Hold” rating. On Monday, March 19 the rating was maintained by FBR Capital with “Buy”. On Tuesday, February 6 the firm earned “Buy” rating by RBC Capital Markets. On Friday, January 12 the rating was maintained by Citigroup with “Buy”. The company rating was maintained by Morgan Stanley on Friday, February 9. On Thursday, February 8 Stifel Nicolaus maintained NVIDIA Corporation (NASDAQ:NVDA) rating. Stifel Nicolaus has “Hold” rating and $220.0 target. On Tuesday, June 26 the stock of NVIDIA Corporation (NASDAQ:NVDA) has “Buy” rating given by FBR Capital.

Ticker’s shares touched $241.99 during the last trading session after 1.20% change.NVIDIA Corporation has volume of 11.41M shares. Since June 27, 2017 NVDA has risen 80.30% and is uptrending. The stock outperformed the S&P 500 by 67.73%.

NVIDIA Corporation (NASDAQ:NVDA)’s earnings report is expected on August, 9., according to Zacks. Analysts predict $1.64 earnings per share, which is $0.72 up or 78.26 % from 2017’s $0.92 earnings per share. If earnings per share of $1.64 is reported the profit of NVDA could hit $995.48 million giving it 36.89 P/E. -12.77 % negative EPS growth is what Wall Street’s forecasts after $1.88 reported EPS last quarter.

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 announced recently go to: Globenewswire.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “NVIDIA Tensor Core GPUs Accelerate World’s Fastest Supercomputers” announced on June 25, 2018, “In Case We’re Wrong About Nvidia” on June 04, 2018, “UBS raises its Nvidia target on facial recognition boom” with a publish date: June 18, 2018, “The Market Doesn’t Care About Nvidia” and the last “AI At The Edge: Nvidia’s Robotics Opportunity” with publication date: June 12, 2018.

NVIDIA Corporation (NASDAQ:NVDA) Institutional Investors Chart

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