Central Asset Investments & Management Holdings Hk Ltd increased its stake in Nvidia Corp (NVDA) by 289.14% based on its latest 2016Q3 regulatory filing with the SEC. Central Asset Investments & Management Holdings Hk Ltd bought 83,850 shares as the company’s stock rose 46.85% with the market. The institutional investor held 112,850 shares of the semiconductors company at the end of 2016Q3, valued at $7.73 million, up from 29,000 at the end of the previous reported quarter. Central Asset Investments & Management Holdings Hk Ltd who had been investing in Nvidia Corp for a number of months, seems to be bullish on the $55.66B market cap company. The stock is down 1.54% or $1.64 hitting $104.83, despite the positive news. About 10.22 million shares traded hands. NVIDIA Corporation (NASDAQ:NVDA) has risen 129.81% since June 7, 2016 and is uptrending. It has outperformed by 122.39% the S&P500.
Insitutional Activity: The institutional sentiment increased to 1.12 in 2016 Q3. Its up 0.10, from 1.02 in 2016Q2. The ratio improved, as 49 funds sold all NVDA shares owned while 246 reduced positions. 101 funds bought stakes while 229 increased positions. They now own 437.73 million shares or 2.58% less from 449.32 million shares in 2016Q2. The Connecticut-based Amg Funds Limited Liability Company has invested 0.12% in NVIDIA Corporation (NASDAQ:NVDA). Barometer Management Incorporated has 0.9% invested in the company for 118,200 shares. Amf Pensionsforsakring has invested 0.09% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). Tiaa Cref Management Lc holds 0.14% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA) for 3.30 million shares. Bridgeway Capital Mngmt Incorporated holds 0.93% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA) for 915,400 shares. Gulf Bancorp (Uk) holds 0.18% or 165,825 shares in its portfolio. Blackrock Investment Mngmt Limited Liability Company last reported 0.12% of its portfolio in the stock. The New York-based Delta Capital Management Lc has invested 0.15% in NVIDIA Corporation (NASDAQ:NVDA). Advantus Capital Management last reported 0.1% of its portfolio in the stock. Notis has 0.2% invested in the company for 4,355 shares. Everpoint Asset Lc accumulated 65,100 shares or 0.08% of the stock. Eaton Vance Mgmt has invested 0.13% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). Moreover, Lombard Odier Asset Management (Europe) Ltd has 0.17% invested in NVIDIA Corporation (NASDAQ:NVDA) for 7,077 shares. Seizert Cap Ptnrs Llc has 0.39% invested in the company for 154,300 shares. Grassi Investment holds 0.05% or 4,275 shares in its portfolio.
Insider Transactions: Since August 10, 2016, the stock had 0 insider purchases, and 21 sales for $63.84 million net activity. HUANG JEN HSUN also sold $2.75 million worth of NVIDIA Corporation (NASDAQ:NVDA) on Tuesday, September 6. Shares for $5.60M were sold by COXE TENCH on Monday, September 19. MILLER WILLIAM J sold $987,384 worth of stock. $3.23M worth of NVIDIA Corporation (NASDAQ:NVDA) was sold by GAITHER JAMES C. $2.37 million worth of NVIDIA Corporation (NASDAQ:NVDA) was sold by Kress Colette on Monday, August 29. The insider Drell Persis sold $157,200. SEAWELL A BROOKE sold $1.88M worth of NVIDIA Corporation (NASDAQ:NVDA) on Friday, September 16.
More notable recent NVIDIA Corporation (NASDAQ:NVDA) news were published by: Foxbusiness.com which released: “The Most Important Number for NVIDIA Corporation” on January 09, 2017, also Fool.com with their article: “Don’t Expect NVIDIA Corporation to Launch Volta Architecture Gaming GPUs in 2017” published on January 10, 2017, Fool.com published: “NVIDIA Corporation’s Best Business Segment in 2016” on January 05, 2017. More interesting news about NVIDIA Corporation (NASDAQ:NVDA) were released by: Fool.com and their article: “California Welcomes NVIDIA Corporation to the Self-Driving Big Leagues” published on January 07, 2017 as well as Nasdaq.com‘s news article titled: “Is the Options Market Predicting a Spike in NVIDIA Corp. (NVDA) Stock?” with publication date: January 10, 2017.
According to Zacks Investment Research, “NVIDIA Corporation designs, develops and markets a top-to-bottom family of award-winning 3D graphics processors, graphics processing units and related software that set the standard for performance, quality and features for every type of desktop personal computer user, from professional workstations to low-cost computers. NVIDIA Corporation’s 3D graphics processors are used in a wide variety of applications, including games, the Internet and industrial design.”
NVIDIA Corporation (NASDAQ:NVDA) Ratings Coverage
Out of 31 analysts covering Nvidia Corporation (NASDAQ:NVDA), 20 rate it a “Buy”, 1 “Sell”, while 10 “Hold”. This means 65% are positive. Nvidia Corporation has been the topic of 89 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by Canaccord Genuity on Tuesday, January 10. The rating was maintained by Wedbush with “Outperform” on Friday, February 12. The rating was maintained by Goldman Sachs with “Buy” on Friday, August 12. RBC Capital Markets reinitiated the shares of NVDA in a report on Friday, August 28 with “Sector Perform” rating. The stock has “Buy” rating given by Loop Capital on Tuesday, December 13. The stock of NVIDIA Corporation (NASDAQ:NVDA) earned “Outperform” rating by Wedbush on Friday, November 6. The firm has “Buy” rating by Citigroup given on Wednesday, November 2. The rating was maintained by M Partners with “Neutral” on Wednesday, November 4. The rating was maintained by Barclays Capital with “Underweight” on Wednesday, August 10. On Tuesday, August 18 the stock rating was upgraded by Vetr to “Buy”.
NVDA Company Profile
NVIDIA Corporation (NVIDIA), incorporated on February 24, 1998, is engaged in visual computing. The Firm operates through divisions, including GPU and Tegra Processor. The Firm allows to open up new avenues of exploration, facilitate creativity and discovery, and power breakthroughs in areas like artificial intelligence, virtual reality and autonomous cars. It focuses on markets, such as gaming, professional visualization, datacenter and automotive. The Company’s vertical integration enables to bring together hardware, system software, programmable algorithms, systems and services.
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