Nvidia Corp (NVDA) Shareholder Swiss National Bank Has Lowered Holding as Stock Rose

NVIDIA Corporation (NASDAQ:NVDA) LogoInvestors sentiment increased to 1.6 in 2018 Q2. Its up 0.40, from 1.2 in 2018Q1. It increased, as 45 investors sold NVDA 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. Aperio Gru Lc, California-based fund reported 387,885 shares. Boothbay Fund Lc owns 0.05% invested in NVIDIA Corporation (NASDAQ:NVDA) for 2,632 shares. Ing Groep Nv holds 64,679 shares. Cranbrook Wealth Limited Com owns 267 shares. Halbert Hargrove Russell Limited Liability Com holds 1,476 shares or 0.09% of its portfolio. Shelton Cap holds 57,646 shares or 0.85% of its portfolio. Tradewinds Cap Limited Liability holds 0.04% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA) for 449 shares. Gateway Advisers Lc reported 0.67% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). Quantres Asset Management Limited stated it has 8,100 shares. Morgens Waterfall Vintiadis stated it has 5.23% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). Essex Fincl stated it has 0.23% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). Ctc Limited Liability Co invested in 92,545 shares or 0.04% of the stock. Wesbanco Retail Bank Inc has 2,066 shares for 0.03% of their portfolio. Baldwin Brothers Incorporated Ma holds 300 shares. Hartford Management reported 0.55% stake.

Since June 13, 2018, it had 0 insider buys, and 8 selling transactions for $68.05 million activity. The insider Byron Michael sold $12,046. 38,040 shares were sold by STEVENS MARK A, worth $10.03M on Wednesday, June 13. Puri Ajay K had sold 90,831 shares worth $26.28M. The insider JONES HARVEY C sold 100,000 shares worth $24.21M.

Swiss National Bank decreased its stake in Nvidia Corp (NVDA) by 2.1% based on its latest 2018Q2 regulatory filing with the SEC. Swiss National Bank sold 40,900 shares as the company’s stock rose 2.21% with the market. The institutional investor held 1.90M shares of the semiconductors company at the end of 2018Q2, valued at $450.91 million, down from 1.94 million at the end of the previous reported quarter. Swiss National Bank who had been investing in Nvidia Corp for a number of months, seems to be less bullish one the $96.56B market cap company. The stock increased 0.75% or $1.18 during the last trading session, reaching $158.29. About 42,539 shares traded. NVIDIA Corporation (NASDAQ:NVDA) has risen 58.13% since December 7, 2017 and is uptrending. It has outperformed by 42.51% the S&P500.

Swiss National Bank, which manages about $87.45 billion US Long portfolio, upped its stake in Csx Corp (NYSE:CSX) by 63,600 shares to 2.79M shares, valued at $177.79M in 2018Q2, according to the filing. It also increased its holding in Boeing Co (NYSE:BA) by 33,100 shares in the quarter, for a total of 1.85 million shares, and has risen its stake in Valero Energy Corp New (NYSE:VLO).

Analysts await NVIDIA Corporation (NASDAQ:NVDA) to report earnings on February, 14. They expect $1.19 earnings per share, down 24.20 % or $0.38 from last year’s $1.57 per share. NVDA’s profit will be $725.90M for 33.25 P/E if the $1.19 EPS becomes a reality. After $1.67 actual earnings per share reported by NVIDIA Corporation for the previous quarter, Wall Street now forecasts -28.74 % negative EPS growth.

More notable recent NVIDIA Corporation (NASDAQ:NVDA) news were published by: Nasdaq.com which released: “Technology Sector Update for 11/26/2018: NVDA,JKS,DTRM,IPAS – Nasdaq” on November 26, 2018, also Nasdaq.com with their article: “Nvidia Earnings: NVDA Stock Plummets on Q4 Revenue Guidance Miss – Nasdaq” published on November 15, 2018, Fool.com published: “Why Intel’s Gaming Business Won’t Suffer Like NVIDIA’s – The Motley Fool” on November 20, 2018. More interesting news about NVIDIA Corporation (NASDAQ:NVDA) were released by: Nasdaq.com and their article: “Technology Sector Update for 11/16/2018: BB, SONO,NVDA – Nasdaq” published on November 16, 2018 as well as Nasdaq.com‘s news article titled: “Zacks Value Trader Highlights: NVIDIA, Lam Research, Micron, Intel, Applied Materials and Applied Micro Devices – Nasdaq” with publication date: November 26, 2018.

NVIDIA Corporation (NASDAQ:NVDA) Ratings Coverage

Among 23 analysts covering Nvidia (NASDAQ:NVDA), 16 have Buy rating, 1 Sell and 6 Hold. Therefore 70% are positive. Nvidia had 25 analyst reports since June 18, 2018 according to SRatingsIntel. On Tuesday, June 26 the stock rating was maintained by FBR Capital with “Buy”. The rating was maintained by Deutsche Bank on Friday, November 16 with “Hold”. The rating was upgraded by Wells Fargo to “Outperform” on Wednesday, August 15. UBS maintained it with “Hold” rating and $28500 target in Monday, June 18 report. The firm has “Overweight” rating given on Tuesday, October 30 by JP Morgan. The firm has “Positive” rating by Susquehanna given on Tuesday, November 13. The stock of NVIDIA Corporation (NASDAQ:NVDA) has “Buy” rating given on Tuesday, November 13 by FBR Capital. The stock has “Neutral” rating by Nomura on Friday, November 16. The stock of NVIDIA Corporation (NASDAQ:NVDA) has “Buy” rating given on Friday, November 16 by Mizuho. The stock has “Market Perform” rating by BMO Capital Markets on Friday, November 16.

NVIDIA Corporation (NASDAQ:NVDA) Institutional Positions Chart

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