QUALCOMM, Inc. (NASDAQ:QCOM) Shares Sold by Amica Retiree Medical Trust

Amica Retiree Medical Trust cut its stake in shares of QUALCOMM, Inc. (NASDAQ:QCOM) by 19.2% in the 2nd quarter, according to the company in its …

QUALCOMM logoAmica Retiree Medical Trust cut its stake in shares of QUALCOMM, Inc. (NASDAQ:QCOM) by 19.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,182 shares of the wireless technology company’s stock after selling 1,234 shares during the quarter. Amica Retiree Medical Trust’s holdings in QUALCOMM were worth $394,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of QCOM. Weaver Consulting Group acquired a new stake in QUALCOMM in the first quarter valued at $25,000. Farmers National Bank acquired a new stake in QUALCOMM in the first quarter valued at $26,000. Meridian Wealth Management LLC acquired a new stake in QUALCOMM in the first quarter valued at $26,000. Ibex Wealth Advisors acquired a new stake in QUALCOMM in the second quarter valued at $28,000. Finally, Mark Sheptoff Financial Planning LLC acquired a new stake in QUALCOMM in the first quarter valued at $29,000. 79.55% of the stock is owned by hedge funds and other institutional investors.

A number of equities research analysts have commented on QCOM shares. TheStreet raised QUALCOMM from a “c+” rating to a “b-” rating in a report on Thursday, August 1st. Stifel Nicolaus restated a “buy” rating and issued a $100.00 price target (up previously from $96.00) on shares of QUALCOMM in a research report on Thursday, May 2nd. Morgan Stanley set a $89.00 price target on QUALCOMM and gave the company a “buy” rating in a research report on Wednesday, August 21st. JPMorgan Chase & Co. raised their price target on QUALCOMM from $88.00 to $96.00 and gave the company a “positive” rating in a research report on Thursday, May 2nd. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $84.00 price objective on shares of QUALCOMM in a research report on Thursday, May 2nd. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $79.69.

Shares of NASDAQ:QCOM opened at $74.35 on Thursday. The firm has a market cap of $89.38 billion, a price-to-earnings ratio of 23.31, a PEG ratio of 2.03 and a beta of 1.62. QUALCOMM, Inc. has a 12-month low of $49.10 and a 12-month high of $90.34. The company has a current ratio of 1.77, a quick ratio of 1.61 and a debt-to-equity ratio of 2.46. The stock’s 50-day moving average price is $73.68 and its two-hundred day moving average price is $68.65.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, July 31st. The wireless technology company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.02. The business had revenue of $4.89 billion for the quarter, compared to analyst estimates of $5.12 billion. QUALCOMM had a return on equity of 112.21% and a net margin of 13.41%. The company’s revenue was down 12.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.01 EPS. As a group, research analysts forecast that QUALCOMM, Inc. will post 2.84 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 26th. Stockholders of record on Thursday, September 12th will be paid a $0.62 dividend. This represents a $2.48 annualized dividend and a dividend yield of 3.34%. The ex-dividend date is Wednesday, September 11th. QUALCOMM’s dividend payout ratio is currently 77.74%.

In other news, SVP Erin L. Polek sold 1,478 shares of QUALCOMM stock in a transaction dated Friday, August 2nd. The stock was sold at an average price of $70.36, for a total value of $103,992.08. Following the transaction, the senior vice president now directly owns 1,386 shares of the company’s stock, valued at approximately $97,518.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.11% of the company’s stock.

QUALCOMM Profile

QUALCOMM Incorporated designs, develops, manufactures, and markets digital communication products worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access, and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products.

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Institutional Ownership by Quarter for QUALCOMM (NASDAQ:QCOM)

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Berkeley Capital Partners LLC Sells 4360 Shares of QUALCOMM, Inc. (NASDAQ:QCOM)

Berkeley Capital Partners LLC lowered its stake in QUALCOMM, Inc. (NASDAQ:QCOM) by 22.9% during the 2nd quarter, HoldingsChannel.com …

QUALCOMM logoBerkeley Capital Partners LLC lowered its stake in QUALCOMM, Inc. (NASDAQ:QCOM) by 22.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 14,674 shares of the wireless technology company’s stock after selling 4,360 shares during the quarter. Berkeley Capital Partners LLC’s holdings in QUALCOMM were worth $1,116,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in QCOM. HL Financial Services LLC raised its position in QUALCOMM by 0.6% in the 1st quarter. HL Financial Services LLC now owns 20,371 shares of the wireless technology company’s stock worth $1,162,000 after buying an additional 128 shares during the last quarter. Lindbrook Capital LLC raised its position in QUALCOMM by 5.2% in the 2nd quarter. Lindbrook Capital LLC now owns 2,821 shares of the wireless technology company’s stock worth $214,000 after buying an additional 139 shares during the last quarter. Enterprise Financial Services Corp raised its position in QUALCOMM by 9.9% in the 2nd quarter. Enterprise Financial Services Corp now owns 1,585 shares of the wireless technology company’s stock worth $121,000 after buying an additional 143 shares during the last quarter. Harrington Investments INC raised its position in QUALCOMM by 1.1% in the 1st quarter. Harrington Investments INC now owns 13,751 shares of the wireless technology company’s stock worth $784,000 after buying an additional 150 shares during the last quarter. Finally, Evolution Wealth Advisors LLC raised its position in QUALCOMM by 4.6% in the 1st quarter. Evolution Wealth Advisors LLC now owns 3,518 shares of the wireless technology company’s stock worth $201,000 after buying an additional 154 shares during the last quarter. Institutional investors and hedge funds own 79.55% of the company’s stock.

A number of brokerages have weighed in on QCOM. Bank of America decreased their target price on QUALCOMM from $105.00 to $100.00 and set a “buy” rating for the company in a research report on Thursday, August 1st. Edward Jones downgraded QUALCOMM from a “hold” rating to a “sell” rating and set a $69.31 price target for the company. in a research note on Thursday, May 23rd. Zacks Investment Research upgraded QUALCOMM from a “sell” rating to a “hold” rating in a research note on Monday, May 6th. Mizuho restated a “hold” rating and set a $68.00 price target on shares of QUALCOMM in a research note on Thursday, August 1st. Finally, Rosenblatt Securities restated a “buy” rating and set a $84.00 price target on shares of QUALCOMM in a research note on Thursday, May 2nd. Two analysts have rated the stock with a sell rating, twelve have given a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $79.69.

In other news, SVP Erin L. Polek sold 1,478 shares of the company’s stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $70.36, for a total transaction of $103,992.08. Following the sale, the senior vice president now directly owns 1,386 shares of the company’s stock, valued at approximately $97,518.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.11% of the stock is owned by corporate insiders.

Shares of NASDAQ:QCOM opened at $73.97 on Wednesday. The stock has a 50 day moving average of $73.71 and a 200 day moving average of $68.53. The company has a market cap of $89.38 billion, a PE ratio of 23.19, a price-to-earnings-growth ratio of 2.03 and a beta of 1.62. The company has a current ratio of 1.77, a quick ratio of 1.61 and a debt-to-equity ratio of 2.46. QUALCOMM, Inc. has a 12-month low of $49.10 and a 12-month high of $90.34.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, July 31st. The wireless technology company reported $0.64 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.62 by $0.02. The business had revenue of $4.89 billion for the quarter, compared to analysts’ expectations of $5.12 billion. QUALCOMM had a return on equity of 112.21% and a net margin of 13.41%. The company’s revenue for the quarter was down 12.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.01 EPS. Equities research analysts predict that QUALCOMM, Inc. will post 2.84 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 26th. Stockholders of record on Thursday, September 12th will be issued a dividend of $0.62 per share. The ex-dividend date is Wednesday, September 11th. This represents a $2.48 annualized dividend and a dividend yield of 3.35%. QUALCOMM’s dividend payout ratio (DPR) is 77.74%.

QUALCOMM Profile

QUALCOMM Incorporated designs, develops, manufactures, and markets digital communication products worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access, and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products.

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Institutional Ownership by Quarter for QUALCOMM (NASDAQ:QCOM)

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Corient Capital Partners LLC Buys 329 Shares of Broadcom Inc (NASDAQ:AVGO)

Corient Capital Partners LLC raised its stake in Broadcom Inc (NASDAQ:AVGO) by 3.9% during the second quarter, HoldingsChannel reports.

Broadcom logoCorient Capital Partners LLC raised its stake in Broadcom Inc (NASDAQ:AVGO) by 3.9% during the second quarter, HoldingsChannel reports. The institutional investor owned 8,857 shares of the semiconductor manufacturer’s stock after acquiring an additional 329 shares during the period. Corient Capital Partners LLC’s holdings in Broadcom were worth $2,550,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its holdings in shares of Broadcom by 6.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,644,308 shares of the semiconductor manufacturer’s stock valued at $418,142,000 after purchasing an additional 96,233 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its holdings in shares of Broadcom by 1.4% in the 1st quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 67,858 shares of the semiconductor manufacturer’s stock valued at $20,406,000 after purchasing an additional 921 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in shares of Broadcom by 22.0% in the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 126,218 shares of the semiconductor manufacturer’s stock valued at $37,955,000 after purchasing an additional 22,789 shares in the last quarter. Quadrant Capital Group LLC increased its holdings in Broadcom by 75.6% during the 1st quarter. Quadrant Capital Group LLC now owns 2,515 shares of the semiconductor manufacturer’s stock valued at $736,000 after acquiring an additional 1,083 shares in the last quarter. Finally, Whittier Trust Co. increased its holdings in Broadcom by 18.8% during the 1st quarter. Whittier Trust Co. now owns 30,880 shares of the semiconductor manufacturer’s stock valued at $9,285,000 after acquiring an additional 4,889 shares in the last quarter. Hedge funds and other institutional investors own 83.13% of the company’s stock.

In other news, insider Hock E. Tan sold 20,000 shares of the business’s stock in a transaction on Monday, July 15th. The shares were sold at an average price of $292.16, for a total transaction of $5,843,200.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Bryan Ingram sold 13,466 shares of the business’s stock in a transaction on Wednesday, June 19th. The shares were sold at an average price of $278.78, for a total transaction of $3,754,051.48. The disclosure for this sale can be found here. In the last 90 days, insiders sold 65,388 shares of company stock valued at $18,198,482. Insiders own 3.30% of the company’s stock.

AVGO has been the subject of several recent research reports. KeyCorp raised their target price on shares of Broadcom from $310.00 to $330.00 and gave the company an “overweight” rating in a report on Friday, August 9th. DA Davidson lowered their price target on shares of Broadcom to $300.00 and set a “buy” rating for the company in a report on Friday, June 14th. Robert W. Baird lowered their price target on shares of Broadcom from $300.00 to $280.00 and set an “outperform” rating for the company in a report on Monday, June 17th. SunTrust Banks lowered their price target on shares of Broadcom to $307.00 and set a “buy” rating for the company in a report on Friday, June 14th. Finally, Daiwa Capital Markets downgraded shares of Broadcom from a “buy” rating to a “neutral” rating in a report on Thursday, August 15th. Ten investment analysts have rated the stock with a hold rating and twenty-nine have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $304.32.

NASDAQ AVGO opened at $275.57 on Wednesday. The company’s fifty day simple moving average is $283.20 and its 200-day simple moving average is $286.23. Broadcom Inc has a 52 week low of $208.23 and a 52 week high of $323.20. The company has a current ratio of 1.26, a quick ratio of 1.13 and a debt-to-equity ratio of 1.53. The stock has a market cap of $108.33 billion, a P/E ratio of 14.63, a PEG ratio of 1.33 and a beta of 0.92.

Broadcom (NASDAQ:AVGO) last posted its earnings results on Thursday, June 13th. The semiconductor manufacturer reported $5.21 EPS for the quarter, topping analysts’ consensus estimates of $5.18 by $0.03. Broadcom had a net margin of 15.92% and a return on equity of 32.81%. The business had revenue of $5.52 billion for the quarter, compared to analysts’ expectations of $5.70 billion. During the same period in the previous year, the company posted $4.88 earnings per share. The business’s revenue for the quarter was up 10.0% compared to the same quarter last year. On average, research analysts expect that Broadcom Inc will post 17.23 EPS for the current fiscal year.

Broadcom Company Profile

Broadcom Inc designs, develops, and supplies a range of semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates through four segments: Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other.

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Institutional Ownership by Quarter for Broadcom (NASDAQ:AVGO)

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Glassman Wealth Services Buys 924 Shares of QUALCOMM, Inc. (NASDAQ:QCOM)

Glassman Wealth Services lifted its stake in QUALCOMM, Inc. (NASDAQ:QCOM) by 30.8% during the 2nd quarter, according to its most recent 13F …

QUALCOMM logoGlassman Wealth Services lifted its stake in QUALCOMM, Inc. (NASDAQ:QCOM) by 30.8% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,927 shares of the wireless technology company’s stock after purchasing an additional 924 shares during the period. Glassman Wealth Services’ holdings in QUALCOMM were worth $299,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. HL Financial Services LLC raised its stake in shares of QUALCOMM by 0.6% in the 1st quarter. HL Financial Services LLC now owns 20,371 shares of the wireless technology company’s stock valued at $1,162,000 after purchasing an additional 128 shares during the period. Lindbrook Capital LLC increased its position in shares of QUALCOMM by 5.2% in the second quarter. Lindbrook Capital LLC now owns 2,821 shares of the wireless technology company’s stock valued at $214,000 after acquiring an additional 139 shares during the last quarter. Enterprise Financial Services Corp increased its position in shares of QUALCOMM by 9.9% in the second quarter. Enterprise Financial Services Corp now owns 1,585 shares of the wireless technology company’s stock valued at $121,000 after acquiring an additional 143 shares during the last quarter. Harrington Investments INC increased its position in shares of QUALCOMM by 1.1% in the first quarter. Harrington Investments INC now owns 13,751 shares of the wireless technology company’s stock valued at $784,000 after acquiring an additional 150 shares during the last quarter. Finally, Evolution Wealth Advisors LLC increased its position in shares of QUALCOMM by 4.6% in the first quarter. Evolution Wealth Advisors LLC now owns 3,518 shares of the wireless technology company’s stock valued at $201,000 after acquiring an additional 154 shares during the last quarter. Institutional investors and hedge funds own 79.55% of the company’s stock.

Shares of NASDAQ:QCOM opened at $73.97 on Wednesday. QUALCOMM, Inc. has a 12-month low of $49.10 and a 12-month high of $90.34. The stock has a market cap of $89.38 billion, a PE ratio of 23.19, a P/E/G ratio of 2.03 and a beta of 1.62. The business has a 50 day moving average of $73.71 and a 200-day moving average of $68.53. The company has a quick ratio of 1.61, a current ratio of 1.77 and a debt-to-equity ratio of 2.46.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, July 31st. The wireless technology company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.62 by $0.02. The company had revenue of $4.89 billion during the quarter, compared to analysts’ expectations of $5.12 billion. QUALCOMM had a return on equity of 112.21% and a net margin of 13.41%. The business’s revenue was down 12.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.01 earnings per share. Equities research analysts expect that QUALCOMM, Inc. will post 2.84 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 26th. Investors of record on Thursday, September 12th will be paid a $0.62 dividend. This represents a $2.48 annualized dividend and a dividend yield of 3.35%. The ex-dividend date of this dividend is Wednesday, September 11th. QUALCOMM’s dividend payout ratio (DPR) is currently 77.74%.

A number of analysts recently issued reports on the company. Mizuho reaffirmed a “hold” rating and issued a $68.00 target price on shares of QUALCOMM in a research report on Thursday, August 1st. JPMorgan Chase & Co. lifted their target price on QUALCOMM from $88.00 to $96.00 and gave the company a “positive” rating in a research report on Thursday, May 2nd. Macquarie set a $90.00 target price on QUALCOMM and gave the company a “buy” rating in a research report on Thursday, May 23rd. Raymond James raised QUALCOMM from an “outperform” rating to a “strong-buy” rating and lifted their target price for the company from $85.00 to $115.00 in a research report on Thursday, May 2nd. Finally, Cfra set a $80.00 target price on QUALCOMM and gave the company a “buy” rating in a research report on Thursday, May 23rd. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company’s stock. QUALCOMM presently has a consensus rating of “Buy” and an average price target of $79.69.

In related news, SVP Erin L. Polek sold 1,478 shares of the business’s stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $70.36, for a total value of $103,992.08. Following the completion of the sale, the senior vice president now directly owns 1,386 shares in the company, valued at $97,518.96. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.11% of the company’s stock.

About QUALCOMM

QUALCOMM Incorporated designs, develops, manufactures, and markets digital communication products worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access, and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products.

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Institutional Ownership by Quarter for QUALCOMM (NASDAQ:QCOM)

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NVIDIA Co. (NASDAQ:NVDA) Stake Raised by Frisch Financial Group Inc.

Frisch Financial Group Inc. grew its holdings in shares of NVIDIA Co. (NASDAQ:NVDA) by 6.3% during the second quarter, according to the company …

NVIDIA logoFrisch Financial Group Inc. grew its holdings in shares of NVIDIA Co. (NASDAQ:NVDA) by 6.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,600 shares of the computer hardware maker’s stock after buying an additional 95 shares during the period. Frisch Financial Group Inc.’s holdings in NVIDIA were worth $263,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in NVDA. Mogy Joel R Investment Counsel Inc. increased its stake in shares of NVIDIA by 23.4% during the second quarter. Mogy Joel R Investment Counsel Inc. now owns 17,965 shares of the computer hardware maker’s stock valued at $2,950,000 after acquiring an additional 3,409 shares during the period. Smith Asset Management Group LP acquired a new position in NVIDIA in the second quarter worth approximately $9,640,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its position in NVIDIA by 23.9% in the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 107,463 shares of the computer hardware maker’s stock worth $17,649,000 after buying an additional 20,707 shares during the last quarter. BB&T Securities LLC grew its position in NVIDIA by 6.4% in the second quarter. BB&T Securities LLC now owns 45,820 shares of the computer hardware maker’s stock worth $7,525,000 after buying an additional 2,762 shares during the last quarter. Finally, Banco Santander S.A. grew its position in NVIDIA by 138.9% in the second quarter. Banco Santander S.A. now owns 209,984 shares of the computer hardware maker’s stock worth $34,485,000 after buying an additional 122,100 shares during the last quarter. 66.93% of the stock is currently owned by institutional investors.

NVDA has been the topic of several recent research reports. Zacks Investment Research lowered shares of NVIDIA from a “buy” rating to a “hold” rating in a research report on Thursday, May 16th. FBN Securities set a $190.00 price target on shares of NVIDIA and gave the stock a “buy” rating in a research report on Friday, August 16th. BMO Capital Markets restated a “market perform” rating and issued a $145.00 price target on shares of NVIDIA in a research report on Friday, August 16th. Benchmark restated a “buy” rating and issued a $210.00 price target on shares of NVIDIA in a research report on Wednesday, August 21st. Finally, Summit Insights lowered shares of NVIDIA from a “buy” rating to a “hold” rating and set a $158.57 price target on the stock. in a research report on Friday, May 17th. Three investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and twenty-eight have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $190.40.

In other NVIDIA news, Director Persis Drell sold 2,500 shares of the business’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $167.36, for a total value of $418,400.00. Following the transaction, the director now directly owns 18,184 shares in the company, valued at $3,043,274.24. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Dawn E. Hudson sold 5,000 shares of the business’s stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $171.73, for a total transaction of $858,650.00. Following the completion of the transaction, the director now owns 36,037 shares in the company, valued at $6,188,634.01. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 112,236 shares of company stock worth $16,570,776. Company insiders own 4.64% of the company’s stock.

NASDAQ NVDA opened at $161.80 on Wednesday. The stock has a market cap of $98.93 billion, a P/E ratio of 26.66, a PEG ratio of 4.16 and a beta of 2.07. The company’s 50-day simple moving average is $164.31 and its 200 day simple moving average is $164.14. NVIDIA Co. has a twelve month low of $124.46 and a twelve month high of $292.76. The company has a quick ratio of 7.74, a current ratio of 8.65 and a debt-to-equity ratio of 0.24.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Thursday, August 15th. The computer hardware maker reported $1.24 EPS for the quarter, beating the Zacks’ consensus estimate of $0.87 by $0.37. The firm had revenue of $2.58 billion for the quarter, compared to analyst estimates of $2.55 billion. NVIDIA had a net margin of 26.93% and a return on equity of 24.40%. The company’s revenue for the quarter was down 17.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.94 earnings per share. Research analysts anticipate that NVIDIA Co. will post 4.08 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 20th. Shareholders of record on Thursday, August 29th will be given a $0.16 dividend. The ex-dividend date of this dividend is Wednesday, August 28th. This represents a $0.64 dividend on an annualized basis and a yield of 0.40%. NVIDIA’s dividend payout ratio (DPR) is presently 10.54%.

NVIDIA Profile

NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the Graphics Processing Unit (GPU) and Tegra Processor segments. The GPU segment comprises of product brands which aims specialized markets including GeForce for gamers; Quadro for designers; Tesla and DGX for AI data scientists and big data researchers; and GRID for cloud-based visual computing users.

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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