On Jun 27, 2018 NVIDIA (NASDAQ:NVDA) with $300 Target Analyzed by FBN Securities.

June 27, 2018 - By Arnold Ferreira

NVIDIA Corporation (NASDAQ:NVDA) Corporate Logo

Big Money Sentiment decreased to 1.2 in 2018 Q1. It has change of 0.01, from 2017Q4’s 1.21. The ratio worsened due to NVIDIA Corporation positioning: 65 sold and 328 reduced. 142 funds acquired positions and 328 increased positions. Investors holded 363.65 million in 2017Q4 but now own 357.39 million shares or 1.72% less.

775 are held by Pittenger & Anderson. Moreover, Ima Wealth has 1.59% invested in NVIDIA Corporation (NASDAQ:NVDA) for 15,471 shs. Bridgecreek Investment Ltd Liability Corp invested in 30,445 shs or 1.59% of the stock. Citigroup holds 0.09% in NVIDIA Corporation (NASDAQ:NVDA) or 483,652 shs. Rand Wealth Ltd Liability Corporation invested 0.03% in NVIDIA Corporation (NASDAQ:NVDA). Baillie Gifford has invested 2.7% in NVIDIA Corporation (NASDAQ:NVDA). Buckingham Asset Mgmt Limited Liability Co holds 0.09% of its capital in NVIDIA Corporation (NASDAQ:NVDA) for 1,926 shs. Freestone Capital Ltd Liability Co accumulated 1,014 shs. Daiwa Sb Invests Limited invested 0.26% in NVIDIA Corporation (NASDAQ:NVDA). Ameritas Investment Prns holds 31,037 shs or 0.34% of its capital. Mirae Asset Global Invests Ltd stated it has 0.74% in NVIDIA Corporation (NASDAQ:NVDA). Bb&T Secs Ltd Liability Corporation has invested 0.02% of its capital in NVIDIA Corporation (NASDAQ:NVDA). Gam Holding Ag owns 1,700 shs for 0.01% of their capital. Peddock Capital Limited Liability has 3.08% invested in NVIDIA Corporation (NASDAQ:NVDA). Moreover, Tudor Inv Corp Et Al has 0.28% invested in NVIDIA Corporation (NASDAQ:NVDA).

NVIDIA Corporation had 12 insider sales and 0 insider purchases since February 12, 2018. This’s net activity of $66.10 million. Another trade for 38,040 shs valued at $10.03 million was sold by STEVENS MARK A. On Tuesday, March 27 Shoquist Debora also sold $7.67M worth of NVIDIA Corporation (NASDAQ:NVDA). Puri Ajay K had sold 4,643 shs worth $1.24M. On Thursday, May 31 $11.41M worth of stock was sold by GAITHER JAMES C. On Monday, June 4 $5.57 million worth of NVIDIA Corporation (NASDAQ:NVDA) was sold by SEAWELL A BROOKE. On Friday, March 2 a trade for 103 shs valued at $23,496 was made by Byron Michael.

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

FBN Securities sent to investors on Tuesday, 26 June a report that it began coverage on NVIDIA (NASDAQ:NVDA) that has $300 target price on NVDA and Outperform rating.

NVIDIA Corporation (NASDAQ:NVDA) Ratings Coverage

Total analysts of 20 have positions in Nvidia (NASDAQ:NVDA) as follows: 16 rated it a “Buy”, 0 with “Sell” and 4 with “Hold”. The positive are 80%. Since January 5, 2018 according to StockzIntelligence Inc Nvidia has 37 analyst reports. On Monday, June 18 UBS maintained the shares of NVDA in report with “Hold” rating. On Tuesday, June 26 the firm earned “Buy” rating by FBR Capital. On Wednesday, April 4 the stock has “Buy” rating by Evercore. On Friday, May 4 the rating was maintained by Goldman Sachs with “Buy”. In Wednesday, March 14 report RBC Capital Markets maintained it with “Buy” rating and $285.0 target. On Tuesday, April 10 Morgan Stanley upgraded the shares of NVDA in report to “Overweight” rating. On Friday, May 11 Goldman Sachs maintained NVIDIA Corporation (NASDAQ:NVDA) with “Buy” rating. In Friday, February 9 report SunTrust maintained it with “Buy” rating and $305.0 target. On Friday, May 11 the stock has “Hold” rating by Stifel Nicolaus. On Thursday, February 8 the stock of NVIDIA Corporation (NASDAQ:NVDA) earned “Hold” rating by Stifel Nicolaus.

Ticker’s shares touched $241.75 during the last trading session after 0.10% change.NVIDIA Corporation has volume of 4.92 million shares. Since June 27, 2017 NVDA has risen 80.30% and is uptrending. NVDA outperformed the S&P 500 by 67.73%.

On August, 9. Investors wait NVIDIA Corporation (NASDAQ:NVDA) to publish its quarterly earnings, RTT reports. earnings per share of $1.64 is 78.26 % up from 2017’s $0.92 EPS. If NVDA’s EPS is $1.64 the profit will hit $995.48M for 36.85 P/E. After $1.88 EPS report previous quarter, Wall Street now predicts -12.77 % negative EPS growth of NVIDIA Corporation.

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 announced recently go to: Nasdaq.com, Globenewswire.com, Investorplace.com, Thestreet.com or Seekingalpha.com. The titles are as follows: “5 Top Stock Trades for Tuesday Morning” announced on June 26, 2018, “NVIDIA Tensor Core GPUs Accelerate World’s Fastest Supercomputers” on June 25, 2018, “After Some Bumps, It’s Clear Sailing Ahead for AMD Stock Now” with a publish date: June 27, 2018, “Nvidia Just Lost $13 Billion in Market Value for No Good Reason” 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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