NVIDIA Corporation (NVDA) Given Buy Rating at Jefferies Group LLC

Joanna Estrada
September 13, 2017

Cookson Peirce & Co Inc sold 96,660 shares as Nvidia Corp (NVDA)'s stock rose 26.83%. Over the last three months, the shares of the company have changed 12.69% and performed 65.93% over the last six months. The stock declined 0.71% or $1.21 reaching $168.4 per share. The shares went up by 8.75% in value last month. NVIDIA Corporation (NVDA) received interesting focus from Active Investors and it has been trading on front line as comparing to it past average volume. It has outperformed by 195.58% the S&P500.

Analysts have given a mean recommendation of 2.40 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 84% are positive.

NVDA has been the subject of a number of other research reports. The firm has "Hold" rating by Topeka Capital Markets given on Friday, November 6. The relative volume of the stock is 0.7. The firm has "Buy" rating given on Thursday, January 5 by H.C. Wainwright. Bank of America Corporation restated a "buy" rating and set a $185.00 price objective on shares of NVIDIA Corporation in a report on Wednesday, June 21st. As per Monday, May 29, the company rating was maintained by KeyCorp. The company was maintained on Wednesday, November 4 by M Partners. The firm has "Buy" rating given on Tuesday, March 1 by Numis Securities.

Investors sentiment increased to 1.21 in 2016 Q4. Its up 0.01, from 0.95 in 2016Q3.

Among new and sold out positions, 150 holders initiated new positions by a total of 6.09 million shares and 84 holders exited their positions by a total of 5.38 million shares. 121 funds opened positions while 183 raised stakes. 6,241,731 shares of the company traded hands.

Investors and Traders continue to monitor technical levels of shares of NVIDIA Corporation (NVDA). Advisory Rech invested 0.03% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA).

Want to see what other hedge funds are holding NVDA?

NVIDIA Corporation (NVDA) Given Buy Rating at Jefferies Group LLC
NVIDIA Corporation (NVDA) Given Buy Rating at Jefferies Group LLC

NVIDIA Corporation (NASDAQ:NVDA) last posted its quarterly earnings results on Thursday, August 10th. Birinyi Assocs Inc reported 0.27% stake. Proficio Capital Partners LLC lifted its stake in NVIDIA Corporation by 186.1% in the 1st quarter.

NVIDIA Corporation (NVIDIA) is engaged in visual computing. Arrowpoint Asset Ltd holds 337,055 shares. D E Shaw And Inc has invested 0% of its portfolio in Calithera Biosciences Inc (NASDAQ:CALA). It also reduced its holding in National Oilwell Varco (NYSE:NOV) by 24,190 shares in the quarter, leaving it with 96,115 shares, and cut its stake in Caterpillar (NYSE:CAT). Coatue Mgmt Limited accumulated 4.30 million shares. About 64,209 shares traded.

Hillsdale Investment Management Inc decreased Voya Financial Inc (NYSE:VOYA) stake by 11,200 shares to 300 valued at $12,000 in 2016Q4. Zacks Investment Research raised NVIDIA Corporation from a "hold" rating to a "strong-buy" rating and set a $169.00 price target for the company in a research note on Tuesday, July 11th. Therefore 53% are positive. Equities research analysts anticipate that NVIDIA Corporation will post $3.61 earnings per share for the current fiscal year. The rating was maintained by Nomura with "Reduce" on Friday, August 11. Mizuho maintained NVIDIA Corporation (NASDAQ:NVDA) on Friday, February 10 with "Buy" rating. On Friday, December 18 the stock rating was initiated by KeyBanc Capital Markets with "Sector Weight". The rating was maintained by Oppenheimer on Wednesday, August 19 with "Buy". Morgan Stanley upgraded the stock to "Overweight" rating in Wednesday, September 7 report. The stock of NVIDIA Corporation (NASDAQ:NVDA) has "Buy" rating given on Tuesday, October 25 by B. Riley & Co. The stock has "Underperform" rating by CLSA on Friday, February 3. As per Monday, August 14, the company rating was maintained by Canaccord Genuity.

NVIDIA Corporation's insider ownership stands at 0.6 percent, while its insider transaction is -21.88 percent. 3,107 shares were sold by SEAWELL A BROOKE, worth $434,980. NVIDIA Corporation has a 12 month low of $59.51 and a 12 month high of $174.56. 25,507 shares valued at $3.50 million were sold by Byron Michael on Friday, May 19. $11.46 million worth of NVIDIA Corporation (NASDAQ:NVDA) was sold by Puri Ajay K. Kress Colette sold $5.63 million worth of stock. Moreover, Ontario Teachers Pension Plan Board has 0.01% invested in NVIDIA Corporation (NASDAQ:NVDA). Shoquist Debora had sold 63,717 shares worth $9.23 million.

Investors sentiment increased to 1.8 in 2016 Q4. 423.47 million shares or 3.26% less from 437.73 million shares in 2016Q3 were reported. 50,000 shares were sold by COXE TENCH, worth $8.23M on Friday, June 9. Brinker Capital has invested 0.03% in INFORMA PLC ORD 0.1P (LON:INF). Transamerica Financial Advisors stated it has 0% in NVIDIA Corporation (NASDAQ:NVDA). The New York-based Brahman Capital Corp. has invested 7.57% in the stock. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% stake. 2,000 are held by Jpmorgan Chase & Company. Retail Bank Of Montreal Can has invested 0% in INFORMA PLC ORD 0.1P (LON:INF). Ls Inv Limited Liability Co invested in 7,496 shares or 0.01% of the stock. Hightower Ltd stated it has 10,051 shares or 0% of all its holdings. Zurcher Kantonalbank (Zurich Cantonalbank) has 0.03% invested in Global Payments Inc (NYSE:GPN) for 35,950 shares. 1,572 are owned by Citigroup.

About 36 shares traded.

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