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$1.73 EPS Expected for NVIDIA Corporation (NVDA)

NVIDIA Corporation (NASDAQ:NVDA) LogoInvestors sentiment increased to 1.6 in 2018 Q2. Its up 0.40, from 1.2 in 2018Q1. It improved, as 45 investors sold NVIDIA Corporation shares while 281 reduced holdings. 129 funds opened positions while 392 raised stakes. 361.20 million shares or 1.07% more from 357.39 million shares in 2018Q1 were reported.
1,300 are held by Palisade Capital Management Nj. Maverick invested 0.12% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). Moreover, Mutual Of America Mngmt Ltd Co has 0.33% invested in NVIDIA Corporation (NASDAQ:NVDA). Private Asset Management holds 1,353 shares. Deutsche Comml Bank Ag has invested 0.34% in NVIDIA Corporation (NASDAQ:NVDA). Lombard Odier Asset (Europe) Limited reported 0.1% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). Usa Fincl Portformulas Corp holds 3,280 shares. 1,614 are held by Sequoia Financial Ltd Liability Com. Hudock Capital Grp Ltd Limited Liability Company invested 0.02% in NVIDIA Corporation (NASDAQ:NVDA). Hartline Inv holds 3.66% or 57,440 shares. Etrade Capital Management Limited Liability Com stated it has 0.05% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). Barclays Public Limited Liability stated it has 885,919 shares or 0.18% of all its holdings. First Republic Invest Mngmt Incorporated holds 0.2% or 149,782 shares in its portfolio. Schroder Investment Grp Inc has invested 0.16% in NVIDIA Corporation (NASDAQ:NVDA). Hsbc Public Limited Com owns 1.09 million shares for 0.46% of their portfolio.

Since May 21, 2018, it had 0 insider purchases, and 10 insider sales for $70.71 million activity. 889 shares were sold by Kress Colette, worth $229,042 on Wednesday, June 20. JONES HARVEY C had sold 100,000 shares worth $24.21M. Another trade for 43 shares valued at $12,046 was sold by Byron Michael. GAITHER JAMES C sold $11.41M worth of NVIDIA Corporation (NASDAQ:NVDA) on Thursday, May 31. The insider STEVENS MARK A sold $10.03 million. SEAWELL A BROOKE sold $5.57 million worth of stock or 21,029 shares.

Analysts expect NVIDIA Corporation (NASDAQ:NVDA) to report $1.73 EPS on November, 15 after the close.They anticipate $0.40 EPS change or 30.08 % from last quarter’s $1.33 EPS. NVDA’s profit would be $1.05B giving it 29.72 P/E if the $1.73 EPS is correct. After having $1.77 EPS previously, NVIDIA Corporation’s analysts see -2.26 % EPS growth. The stock decreased 0.16% or $0.32 during the last trading session, reaching $205.67. About 10.33M shares traded. NVIDIA Corporation (NASDAQ:NVDA) has risen 58.13% since November 10, 2017 and is uptrending. It has outperformed by 42.51% the S&P500.

NVIDIA Corporation (NASDAQ:NVDA) Ratings Coverage

Among 15 analysts covering NVIDIA (NASDAQ:NVDA), 12 have Buy rating, 0 Sell and 3 Hold. Therefore 80% are positive. NVIDIA had 18 analyst reports since May 11, 2018 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Friday, August 17 with “Hold”. The company was maintained on Friday, May 11 by UBS. The firm has “Buy” rating by FBR Capital given on Tuesday, June 26. The firm has “Buy” rating by Bank of America given on Monday, May 14. The firm has “Overweight” rating given on Friday, May 11 by Barclays Capital. Goldman Sachs maintained the stock with “Buy” rating in Friday, May 11 report. The stock of NVIDIA Corporation (NASDAQ:NVDA) earned “Overweight” rating by JP Morgan on Tuesday, October 30. Morgan Stanley maintained NVIDIA Corporation (NASDAQ:NVDA) on Thursday, November 8 with “Overweight” rating. Oppenheimer upgraded the shares of NVDA in report on Friday, August 17 to “Outperform” rating. UBS maintained the shares of NVDA in report on Monday, June 18 with “Hold” rating.

NVIDIA Corporation operates as a visual computing firm worldwide. The company has market cap of $125.05 billion. It operates in two divisions, GPU and Tegra Processor. It has a 29.98 P/E ratio. The GPU segment offers processors, which include GeForce for PC gaming; 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 deep learning, accelerated computing, and general purpose computing; and GRID for cloud visual computing users.

More notable recent NVIDIA Corporation (NASDAQ:NVDA) news were published by: Nasdaq.com which released: “Is Tilray Stock the Best Cannabis Stock to Buy Now?” on November 08, 2018, also Seekingalpha.com with their article: “Nvidia: Headwinds On The Horizon” published on October 24, 2018, Seekingalpha.com published: “How Have 2019 S&P 500 Earnings Growth Estimates Changed?” on November 10, 2018. More interesting news about NVIDIA Corporation (NASDAQ:NVDA) were released by: Nasdaq.com and their article: “5 Futuristic Artificial Intelligence Stocks to Buy” published on November 08, 2018 as well as Seekingalpha.com‘s news article titled: “Where Should Nvidia Go From Here?” with publication date: October 23, 2018.

NVIDIA Corporation (NASDAQ:NVDA) Institutional Positions Chart

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