Cambridge Financial Group INC Decreased Nvidia Corp (NVDA) Stake by $690.60 Million

April 16, 2018 - By Ashley Edward

NVIDIA Corporation (NASDAQ:NVDA) Corporate LogoDuring 2017 Q4 the big money sentiment decreased to 1.21. That’s change of 0.09, from 2017Q3’s 1.3. 59 investors sold all, 301 reduced holdings as NVDA ratio worsened. 321 rose stakes while 113 funds amassed stakes. Funds hold 363.65 million shares thus 6.07% less from 2017Q3’s 387.15 million shares. Holderness invested in 0.59% or 6,230 shs. Main Street Limited Liability, a California-based fund reported 67,266 shs. Heritage Invsts Mngmt Corp holds 0.02% of its capital in NVIDIA Corporation (NASDAQ:NVDA) for 1,461 shs. Com Bank & Trust invested 0.02% in NVIDIA Corporation (NASDAQ:NVDA). House Ltd accumulated 0.03% or 1,150 shs. Brown Brothers Harriman And holds 1,083 shs or 0% of its capital. Amica Pension Fund Board Of Trustees holds 17,439 shs or 0.39% of its capital. 1.29 million are owned by Credit Suisse Ag. Invesco Ltd invested in 0.4% or 5.80 million shs. Rothschild Investment Il accumulated 0.17% or 8,255 shs. 16,700 were reported by Granite Point Cap Limited Partnership. Atlantic Group Inc Limited Liability Corporation, Georgia-based fund reported 41,197 shs. Fil Ltd holds 0% in NVIDIA Corporation (NASDAQ:NVDA) or 8,680 shs. Brave Asset Management Inc invested in 1.18% or 11,719 shs. B And T Mngmt Dba Alpha Mngmt owns 6,690 shs or 0.61% of their US capital.

NVDA had 7 sales and 0 insider purchases since December 13, 2017. This’s net activity of $22.84 million. On Thursday, February 15 $9.91 million worth of NVIDIA Corporation (NASDAQ:NVDA) was sold by GAITHER JAMES C. Kress Colette sold 171 shs worth $31,732. On Monday, February 12 PERRY MARK L had sold 17,307 shs worth $3.94M. $7.67M worth of NVIDIA Corporation (NASDAQ:NVDA) shs were sold by Shoquist Debora. $23,496 worth of NVIDIA Corporation (NASDAQ:NVDA) was sold by Byron Michael on Friday, March 2.

The stake In Nvidia Corp (NVDA) was decreased held by Cambridge Financial Group Inc. According to 2017Q4 Securities and Exchange filling the decrease is 8.3%. The company’s stock rose 15.49% while stock markets declined as Cambridge Financial Group Inc sold 3,569 shares. At the end of 2017Q4, the institutional investor held 39,419 shares of the semiconductors company, valued at $7.63 billion, down from 42,988 at the end of the previous reported quarter. $140.73 billion is Nvidia Corp’s market cap. Its shares touched $231.83 on during the last trading session after 0.14% change.Currently NVIDIA Corporation is uptrending after 108.33% change in last April 16, 2017. NVDA has 6.52M shares volume. NVDA outperformed the S&P 500 by 96.78%.

About $202.41B US Long portfolio the Cambridge Financial Group Inc manages. According to a filing the fund rose its stake in Archer Daniels Midland Co (NYSE:ADM) by 2,710 shares to 135,695 shares, valued at $5.44B in 2017Q4. For a total of 7,340 shares it increased its holding in Guggenheim Etf Equal Weight (RSP) by 5,095 shares in the quarter, and has risen its stake in Cardinal Health (NYSE:CAH).

Analysts await NVIDIA Corporation (NASDAQ:NVDA) to report earnings on May, 8. They expect $1.48 EPS, up 80.49 % or $0.66 from last year’s $0.82 per share. NVDA’s profit will be $898.41M for 39.16 P/E if the $1.48 EPS becomes a reality. After $1.57 actual EPS reported by NVIDIA Corporation for the previous quarter, Wall Street now forecasts -5.73 % negative EPS growth.

NVIDIA Corporation (NASDAQ:NVDA) Ratings Coverage

Total analysts of 21 have positions in Nvidia (NASDAQ:NVDA) as follows: 14 rated it a “Buy”, 0 with “Sell” and 7 with “Hold”. The positive are 67%. Since October 27, 2017 according to StockzIntelligence Inc Nvidia has 39 analyst reports. On Thursday, November 9 Mizuho maintained the shares of NVDA in report with “Buy” rating. The company rating was maintained by Bank of America on Tuesday, April 3. In Friday, February 9 report BMO Capital Markets maintained it with “Hold” rating and $225.0 target. In Friday, November 10 report RBC Capital Markets maintained the stock with “Buy” rating. On Friday, January 12 the rating was maintained by Citigroup with “Buy”. On Friday, November 10 the stock of NVIDIA Corporation (NASDAQ:NVDA) earned “Hold” rating by Stifel Nicolaus. On Friday, February 9 the rating was maintained by SunTrust with “Buy”. In Friday, November 10 report Nomura upgraded it to “Hold” rating and $190.0 target. On Friday, February 9 the company was maintained by Deutsche Bank. The stock rating was maintained by Bank of America with “Buy” on Friday, November 10.

NVIDIA Corporation (NASDAQ:NVDA) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.