Harvey Capital Management Inc. Maintains Stake in NVIDIA Corporation (NASDAQ:NVDA)


Harel Insurance Investments & Financial Services Ltd.'s holdings in NVIDIA Corporation were worth $469,000 as of its most recent SEC filing. A 11 analysts rate it as either a buy or a strong buy, while1 believe that investors should either steer clear of PFE or, if they already own its stock, sell it. Arete Wealth Advisors LLC boosted its position in NVIDIA Corporation by 0.3% in the first quarter. Hillcrest Asset Management Llc sold 76,481 shares as the company's stock rose 16.93% with the market. The number of shares now owned by investors are 130.93 mln.

Tcw Group Inc increased Nvidia Corp (NVDA) stake by 88.66% reported in 2016Q4 SEC filing.

"While the bears are likely to point to the deceleration in datacenter in FY2Q ... we remain bullish on NVDA's medium- to long-term opportunity in the business as the company's GPU franchise continues to benefit from the proliferation of artificial intelligence/machine learning", Goldman Sachs analyst Toshiya Hari wrote Friday. Korea Inv Corp accumulated 0.22% or 435,305 shares. Finally, Savant Capital LLC raised its stake in shares of NVIDIA Corporation by 2.7% in the first quarter. Hanson McClain Inc. now owns 881 shares of the computer hardware maker's stock worth $127,000 after buying an additional 99 shares in the last quarter.

Several hedge funds have recently bought and sold shares of the stock. Dekabank Deutsche Girozentrale has invested 0.21% in NVIDIA Corporation (NASDAQ:NVDA). The company has 12.94 value in price to sale ratio while price to book ratio was recorded as 15.9.

When a company is by far the best performing stock in the entire market, it needs to report flawless results to drive its shares higher. NVIDIA Corporation (NASDAQ:NVDA) has risen 212.28% since August 10, 2016 and is uptrending. The computer hardware maker reported $1.01 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.69 by $0.32. On Friday, May 19 Byron Michael sold $3.50M worth of NVIDIA Corporation (NASDAQ:NVDA) or 25,507 shares.

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For the three months that ended June, Wall Street expects the Santa Clara, Calif. -based company to earn 70 cents per share on revenue of $1.96 billion.

These results ran roughshod over NVIDIA's own guidance for the second quarter, which called for GAAP earnings of roughly $0.68 per share and sales of approximately $1.95 billion. Revenue reached a whopping $2.23 billion, up by a huge 56% year-over-year. On Friday, March 17 Kress Colette sold $5.63 million worth of NVIDIA Corporation (NASDAQ:NVDA) or 53,458 shares.

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Other research analysts also recently issued research reports about the stock. Citigroup Inc. restated a "buy" rating and set a $180.00 price target on shares of NVIDIA Corporation in a research note on Thursday. CLSA initiated the stock with "Underperform" rating in Friday, February 3 report.

Currently, EPS of NVIDIA Corporation (NVDA) is 0.79 while the analysts predicted the EPS of the stock to be 0.66 suggesting the company fell short of the analysts' expectations. Nvidia Corporation had 130 analyst reports since August 3, 2015 according to SRatingsIntel. The company presently has a consensus rating of "Hold" and a consensus target price of $138.85. 2,500 shares valued at $325,048 were sold by Drell Persis on Thursday, May 18. The stock saw a move of -3.84% during the latest trading session. The company's shares were given away at $150.84 per share worth to an income of some $7,542,000 on account of JONES HARVEY C. The stock was sold at an average price of $164.53, for a total value of $8,226,500.00. The disclosure for this sale can be found here. Insiders own 5.82% of the company's stock. The Company operates through two segments: GPU and Tegra Processor, which are based on a single underlying architecture.