Published: Sun, November 12, 2017
Economy | By Melissa Porter

Candriam Luxembourg SCA Purchases 950 Shares of NVIDIA Corporation (NVDA)

Among 44 analysts covering Nvidia Corporation (NASDAQ:NVDA), 25 have Buy rating, 5 Sell and 14 Hold. Therefore 56% are positive. Zacks Investment Research upgraded shares of Nvidia Corp. from a "hold" rating to a "strong-buy" rating and set a $78.00 target price on the stock in a research report on Monday, November 7th. The stock was sold at an average price of $189.62, for a total transaction of $9,481,000.00. During the same period in the prior year, the business earned $0.94 EPS. research analysts forecast that NVIDIA Corporation will post 3.61 earnings per share for the current year. DZ BANK upgraded the shares of ALV in report on Saturday, August 6 to "Buy" rating. Summit Redstone reissued a "buy" rating on shares of NVIDIA Corporation in a research report on Saturday, July 22nd. Canaccord Genuity maintained the stock with "Hold" rating in Friday, August 7 report. TH Capital maintained it with "Neutral" rating and $30 target in Friday, November 6 report. The rating was maintained by Global Equities Research with "Overweight" on Thursday, May 11. The firm has "Outperform" rating by Wedbush given on Friday, May 13. On Friday, August 25 the stock rating was maintained by KeyBanc Capital Markets with "Hold". The firm has "Buy" rating by Kepler Cheuvreux given on Tuesday, November 15.

Since May 11, 2017, it had 0 insider purchases, and 6 selling transactions for $33.17 million activity. Over the last ninety days, insiders have sold 452,784 shares of company stock valued at $81,437,724. Family Firm Inc. grew its stake in NVIDIA Corporation by 0.7% in the second quarter. On Thursday, May 11 the insider COXE TENCH sold $6.47 million.

More notable recent NVIDIA Corporation (NASDAQ:NVDA) news were published by: which released: "NVIDIA Corporation (NVDA) Earnings Destroy Expectations" on November 09, 2017, also with their article: "Nvidia Corporation Stock: Into the Fog of Greater Profit" published on November 07, 2017, published: "Nvidia Portfolio Update" on November 09, 2017. Also, Director Mark L. Perry sold 16,281 shares of NVIDIA Corporation stock in a transaction dated Monday, August 14th. The stock rose 5.57% or $11.43 reaching $216.75. NVIDIA Corporation (NDAQ:NVDA) has risen 212.28% since November 11, 2016 and is uptrending. It has outperformed by 195.58% the S&P500.

Rodolfo Campos uses a virtual reality headset during a NASA Hybrid Reality Lab demonstration at the NVIDIA GPU Technology Conference, which showcases artificial intelligence, deep learning, virtual reality and autonomous machines, in Washington, DC, November 1, 2017. The company has market cap of $136.52 billion. It has a 54.08 P/E ratio. The Company's GPU product brands are aimed at specialized markets, including GeForce for gamers; Quadro for designers; Tesla and DGX for AI data scientists and big data researchers; and GRID for cloud-based visual computing users.

Investors sentiment increased to 1.21 in 2017 Q2. The computer hardware maker reported $1.33 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.94 by $0.39. It is positive, as 73 investors sold NVIDIA Corporation shares while 262 reduced holdings. Evercore Wealth Management LLC raised its position in NVIDIA Corporation by 36.9% in the 2nd quarter. 388.29 million shares or 4.10% less from 404.87 million shares in 2017Q1 were reported. Thompson Siegel & Walmsley Ltd Company holds 0% or 129 shares in its portfolio.

Shares of NVIDIA Corporation (NASDAQ NVDA) traded up $10.82 during trading on Friday, hitting $216.14. Pub Employees Retirement Association Of Colorado has 103,330 shares. Savant Lc owns 0.08% invested in NVIDIA Corporation (NASDAQ:NVDA) for 2,360 shares. 2,000 were reported by Catawba Capital Mngmt Va. Invesco Limited invested in 0.27% or 5.91M shares. Strs Ohio reported 314,830 shares or 0.2% of all its holdings. Bb&T Securities Llc reported 0.13% in CBS Corporation (NYSE:CBS). Citadel Advisors Ltd Llc invested in 0.02% or 169,916 shares. Glg Ltd owns 23,432 shares.

Nvidia's Datacenter had a strong quarter, reporting revenue of $501, increasing over 100 percent year over year. Tocqueville Asset Management LP has 0.37% invested in NVIDIA Corporation (NASDAQ:NVDA). Puri Ajay K also sold $11.46M worth of NVIDIA Corporation (NASDAQ:NVDA) shares. Wesbanco Bancorporation holds 0.01% in NVIDIA Corporation (NASDAQ:NVDA) or 1,543 shares. About 974,423 shares traded. Royce Micro Capital Trust Inc. CBS Corporation (NYSE:CBS) has risen 18.35% since November 11, 2016 and is uptrending. It has outperformed by 2.38% the S&P500. Shaker Financial Services Llc owns 475,462 shares or 2.31% of their U.S. portfolio.

Independent Bank a bank holding company.

Greenwood Capital Associates Llc, which manages about $970.61M and $384.70M US Long portfolio, decreased its stake in Alphabet Inc by 595 shares to 11,014 shares, valued at $10.24 million in 2017Q2, according to the filing. Silvercrest Asset Management Group Llc, a New York-based fund reported 1.58 million shares.

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