NVIDIA Corporation (NVDA) Gets a Price Target Boost from Christopher Rolland

What Wall Street Thinks Of Nvidia's Huge Quarter

NVIDIA Corporation (NVDA) Gets a Price Target Boost from Christopher Rolland

Oppenheimer Asset Management Inc. increased its stake in NVIDIA Corporation by 17.8% during the 2nd quarter. Girard Partners has invested 0.1% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). The firm has "Outperform" rating by Wedbush given on Friday, May 13. Maybe the focus is on finding a stock that has recently taken a turn for the worse for no real apparent reason.

Nvidia's stock has a lot more room to move higher, according to an analyst from Jefferies. Vetr upgraded shares of Nvidia Corp. from a sell rating to a buy rating and set a $65.58 price objective for the company in a report on Monday, August 15th.

Institutional owners hold 67.90% stake while Insiders ownership held at 0.50% in the company. Of those, seven rate Nvidia stock as buy, three are neutral and one is at underperform. Meanwhile, the average 12-month price target from Wall Street analysts is now $172.08, this means that the stock is overpriced by -19.317%. As of today, the company has a SMA200 (200-day simple moving average) of 42.1 Percent. State Of Alaska Department Of Revenue holds 0.01% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA) for 1,104 shares.

Elsewhere in the chip sector, Microsemi ( MSCC ) shares were flat Friday after the company posted slightly better-than-expected fiscal fourth-quarter results and guided in line with views for the current quarter.

The computer hardware maker reported $1.33 EPS for the quarter, beating the Zacks' consensus estimate of $0.94 by $0.39. Analysts were expecting US$2.44 billion. The revenue of the company for the third quarter represents a growth of 32% from the same quarter last year while their earnings have risen by 41% year over year. A year prior, the company posted non-GAAP earnings of 83 cents per share on revenue of $2 billion.

Nvidia Corp's (NVDA.O) quarterly profit and revenue topped market estimates and the chipmaker also gave a strong revenue forecast for the current quarter, powered by demand for its graphics chips used in gaming and data centers.

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The company also recently announced a Not Available dividend, which will be paid on Tuesday, December 5th. Cap Fund Mngmt Sa holds 0% or 10,400 shares. Janney Montgomery Scott Limited Liability Company owns 0.05% invested in NVIDIA Corporation (NASDAQ:NVDA) for 29,316 shares. "(AAL) Ex-Dividend Date Scheduled for November 10 ..." on November 09, 2017. NVIDIA Corporation's payout ratio is now 16.05%. TIAA CREF Investment Management LLC now owns 431,061 shares of the business services provider's stock worth $5,173,000 after buying an additional 26,293 shares during the period. About 24.47M shares traded or 88.67% up from the average. Analysts expected $1.08 and $475 million. SWANK STEVEN S sold $21,623 worth of stock. Its down 10% from 1.43M shares previously. Rafferty Asset Management Ltd Liability Co owns 112,182 shares. The disclosure for this sale can be found here. Company insiders own 5.82% of the company's stock. 30 funds opened positions while 41 raised stakes.

Lmm Llc decreased its stake in American Airls Group Inc (AAL) by 2.61% based on its latest 2017Q2 regulatory filing with the SEC. Massachusetts Financial Services Co.

Nvidia's gaming revenue increased 25.5 per cent to US$1.56 billion, accounting for almost 60 per cent of total revenue. The Levy Harkins & Company Inc holds 63,780 shares with $9.22 million value, down from 68,285 last quarter. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Management Corporation owns 18,600 shares or 0% of their USA portfolio.

Rockland Trust Co holds 3.11% of its portfolio in Independent Bank Corp for 501,698 shares. $6.47 million worth of stock was sold by COXE TENCH on Thursday, May 11.

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