On Jun 27, 2018 “Outperform” Rating Received NVIDIA (NASDAQ:NVDA) at FBN Securities with $300 Target.

June 27, 2018 - By Nellie Deboer

NVIDIA Corporation (NASDAQ:NVDA) Corporate Logo

During 2018 Q1 the big money sentiment decreased to 1.2. That’s change of 0.01, from 2017Q4’s 1.21. 65 investors sold all, 328 reduced holdings as NVIDIA Corporation ratio dived. 328 grew stakes while 142 funds took stakes. Funds hold 357.39 million shares thus 1.72% less from 2017Q4’s 363.65 million shares.

Btc Capital Incorporated owns 3,132 shs for 0.12% of their capital. Sit Associates has 0.14% invested in NVIDIA Corporation (NASDAQ:NVDA) for 24,640 shs. Arizona State Retirement System holds 159,362 shs or 0.37% of its capital. Sumitomo Life Ins Co has 17,250 shs for 0.53% of their capital. Institute For Wealth Management Lc holds 1.53% of its capital in NVIDIA Corporation (NASDAQ:NVDA) for 23,026 shs. Family Firm invested in 0.18% or 1,970 shs. Northwestern Mutual Wealth Mngmt owns 18,351 shs. Excalibur Mgmt owns 1,927 shs for 0.36% of their capital. Los Angeles Capital Mgmt And Equity has invested 0.55% in NVIDIA Corporation (NASDAQ:NVDA). Dupont Mngmt Corp reported 0.26% of its capital in NVIDIA Corporation (NASDAQ:NVDA). Reynders Mcveigh Cap Ltd Liability reported 11,290 shs stake. The Tennessee-based Highland Capital Limited Liability Corporation has invested 0.15% in NVIDIA Corporation (NASDAQ:NVDA). Invesco Ltd reported 0.5% in NVIDIA Corporation (NASDAQ:NVDA). Blackrock stated it has 0.42% of its capital in NVIDIA Corporation (NASDAQ:NVDA). Tuttle Tactical holds 1.09% of its capital in NVIDIA Corporation (NASDAQ:NVDA) for 5,844 shs.

NVIDIA Corporation had 12 sales and 0 insider buys since February 12, 2018. This’s net activity of $66.10 million. On Wednesday, June 13 Shares for $10.03M were sold by STEVENS MARK A. 17,307 shs were sold by PERRY MARK L, worth $3.94 million on Monday, February 12. Another trade for 889 shs valued at $229,042 was made by Kress Colette on Wednesday, June 20. $7.67 million worth of NVIDIA Corporation (NASDAQ:NVDA) was sold by Shoquist Debora on Tuesday, March 27. $1.13M worth of NVIDIA Corporation (NASDAQ:NVDA) shs were sold by Drell Persis. The insider Puri Ajay K sold 44,900 shs worth $11.23M.

What Price Target Has FBN Securities Given NVIDIA (NASDAQ:NVDA)

upside potential of 24.10 % on NVIDIA (NASDAQ:NVDA) gives $300 target price per share given by Investment analysts at FBN Securities. Also on 26 June coverage has begun by broker on the $146.74 billion market cap company.

NVIDIA Corporation (NASDAQ:NVDA) Ratings Coverage

In total 20 analysts cover Nvidia (NASDAQ:NVDA). “Buy” rating has 16, “Sell” are 0, while 4 are “Hold”. (NASDAQ:NVDA) has 80% bullish analysts. 37 are the (NASDAQ:NVDA)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Friday, February 9 the company was maintained by B. Riley & Co. The stock rating was maintained by UBS with “Hold” on Monday, June 18. On Tuesday, March 27 the firm has “Buy” rating by SunTrust given. On Thursday, February 8 the company was maintained by Bernstein. On Friday, May 11 the stock of NVIDIA Corporation (NASDAQ:NVDA) earned “Hold” rating by Stifel Nicolaus. On Tuesday, April 3 the rating was maintained by Bank of America with “Buy”. On Thursday, February 8 Stifel Nicolaus maintained the shares of NVDA in report with “Hold” rating. On Friday, February 9 the firm has “Hold” rating given by BMO Capital Markets. On Friday, February 9 the rating was maintained by Morgan Stanley with “Equal-Weight”. On Monday, March 19 the rating was maintained by FBR Capital with “Buy”.

Ticker’s shares touched $241.75 during the last trading session after 0.10% change.Currently NVIDIA Corporation is uptrending after 80.30% change in last June 27, 2017. NVDA has also 4.92M shares volume. NVDA outperformed by 67.73% the S&P500.

On August, 9 WallStreet expected NVIDIA Corporation (NASDAQ:NVDA)’s earnings report, RTT reports. Analysts predict 78.26 % diference or $1.64 from the $0.92 EPS from 2017. This could be $995.48 million profit for NVDA assuming the current $1.64 EPS will become reality. -12.77 % negative EPS growth is what Wall Street’s predicts after $1.88 reported EPS last quarter.

NVIDIA Corporation operates as a visual computing firm worldwide.The company has $146.74 billion market cap. It operates through two divisions, GPU and Tegra Processor.The P/E ratio is 40.18. The GPU segment offers processors, which include GeForce for PC gaming and mainstream PCs; GeForce NOW for cloud game-streaming service; Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications; Tesla for AI utilizing deep learning, accelerated computing, and general purpose computing; GRID provides power of NVIDIA graphics through the cloud and datacenters; DGX for AI scientists, researchers, and developers; and cryptocurrency-specific graphics processing units.

For more NVIDIA Corporation (NASDAQ:NVDA) news published recently go to: Seekingalpha.com, Nasdaq.com, Investorplace.com, Globenewswire.com or Seekingalpha.com. The titles are as follows: “Nvidia Appears To Have A GPU Inventory Problem” published on June 19, 2018, “5 Top Stock Trades for Tuesday Morning” on June 26, 2018, “After Some Bumps, It’s Clear Sailing Ahead for AMD Stock Now” with a publish date: June 27, 2018, “NVIDIA Tensor Core GPUs Accelerate World’s Fastest Supercomputers” and the last “In Case We’re Wrong About Nvidia” with publication date: June 04, 2018.

NVIDIA Corporation (NASDAQ:NVDA) Institutional Investors Chart

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