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

Nvidia Reports Big Q3 Earnings Beat, Record Sales

Chipmaker Nvidia tops estimates on gaming, data center boost

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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