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NVDA) — NVIDIA Corporation (NASDAQ

12 May, 2018, 08:07 | Author: Samuel Sharp
  • Nvidia Blows Out Q1 Estimates Raises Q2 Sales Guidance

Cloud-software maker Talend (TLND) slightly beat revenue expectations, reporting $46.8 million, versus $45.75 million expected, but missed by a penny on the bottom line with a loss of 19 cents per share. First Interstate National Bank holds 62 shares or 0% of its portfolio. DnB Asset Management AS now owns 75,858 shares of the computer hardware maker's stock worth $14,679,000 after buying an additional 5,800 shares during the period. Clearbridge Ltd Company invested in 600 shares. reported 0.03% stake. The fact that the share price has doubled is yesterday's news. Macquarie Limited owns 64,532 shares for 0.02% of their portfolio. The computer hardware maker reported $2.05 EPS for the quarter, topping the Zacks' consensus estimate of $1.47 by $0.58. Vetr downgraded shares of Nvidia from a "strong-buy" rating to a "buy" rating and set a $275.09 target price on the stock.in a research report on Monday, March 12th. Navellier & Associate owns 63,101 shares.

Since December 13, 2017, it had 0 buys, and 7 insider sales for $22.84 million activity. Invest Counsel stated it has 1.48% in NVIDIA Corporation (NASDAQ:NVDA). Shares for $31,732 were sold by Kress Colette. 17,307 shares were sold by PERRY MARK L, worth $3.94M on Monday, February 12. On Friday, March 2 Byron Michael had sold 103 shs worth $23,496. Another trade for 40,359 shs valued at $9.91M was made by GAITHER JAMES C on Thursday, February 15. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The company has 605 Million shares outstanding and 580.17 Million shares were floated in market.

Revenue from Nvidia's data center business, which powers cloud-based services, such as Amazon Web Services, rose 71 percent to US$701 million, but missed analysts' estimate of US$703 million, Thomson Reuters I/B/E/S said. Fmr Llc who had been investing in Nvidia Corp for a number of months, seems to be less bullish one the $157.91B market cap company. 495,000 were reported by State Of New Jersey Common Pension Fund D. Moreover, Friess Lc has 1.61% invested in NVIDIA Corporation (NASDAQ:NVDA). First Citizens Bank & Trust Co. now owns 5,477 shares of the computer hardware maker's stock valued at $1,060,000 after buying an additional 238 shares in the last quarter.

Investors must have been hoping for a boost to Nvidia's $0.60 annual dividend. It has outperformed by 96.78% the S&P500. The shares of Deere & Company (NYSE:DE), has slumped by -7.25% year to date as of 05/09/2018. It also increased its holding in Eqt Corp (NYSE:EQT) by 910,681 shares in the quarter, for a total of 3.20 million shares, and has risen its stake in Scorpio Tankers Inc (NYSE:STNG).

Benedict Financial Advisors Inc. acquired a new position in shares of Nvidia (NASDAQ:NVDA) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission.


Nvidia (NASDAQ:NVDA) last posted its quarterly earnings data on Thursday, February 8th.

Endocyte, Inc. analysts gave 3 buy-equivalent recommendations, 0 sells and 0 holds. Therefore 82% are positive. Nvidia has a 12-month low of $250.19 and a 12-month high of $256.25.

NVDA posted a net income of $1.24 billion, or $1.98 a share, versus $507 million, or $0.79 a share that the company posted in the same period past year. 28 are the (NASDAQ:NVDA)'s analyst reports since November 17, 2017 according to StockzIntelligence Inc. Rosenblatt maintained the stock with "Buy" rating in Wednesday, March 7 report. The stock has "Hold" rating by BMO Capital Markets on Friday, February 9. On Tuesday, May 8 the stock rating was maintained by Deutsche Bank with "Hold".

Shares of Nvidia stock opened at $254.31 on Friday. The rating was maintained by RBC Capital Markets on Friday, November 24 with "Buy". The rating has been released in a research note on Friday, 11 May. Northland Capital initiated Shire plc (NASDAQ:SHPG) rating on Wednesday, October 14.

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