Washington Trust Bank Has $730000 Stake in NVIDIA Co. (NVDA)

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(NASDAQ:NVDA) in a research report released on Wednesday morning. Currently, United Technologies Corporation net profit margin for the 12 months is at 9.5%. The downside can be attributed to cautious forward-looking prospects of the PC industry, made by the research firms IDC and Gartner. At recent session, the prices were hovering between $97.6 and $99.54.

NVIDIA has forecasted revenues of $1.9 billion for the first quarter, plus or minus 2%. Blackrock Incorporated has 0.16% invested in NVIDIA Corporation (NASDAQ:NVDA) for 1.08 million shares. The 12-month price target is $42.00 with six analysts rating the company a strong buy, seven analysts rating the company a buy, twelve analysts rating the company a hold, one analyst rating the company a underperform, and lastly zero brokerages rating the company a sell.

04/10/2017 - NVIDIA Corporation had its "sell" rating reiterated by analysts at Pacific Crest. Jefferies Group LLC reaffirmed a buy rating and set a $110.00 target price (up previously from $95.00) on shares of NVIDIA in a report on Tuesday, December 13th.

Although according to TipRanks, most analysts are bullish on NVDA's stock giving it a Buy recommendation with an average target price of $112.58 indicating an upside of 17.9%, two analysts had recently expressed a negative opinion about the stock. Mizuho reaffirmed a "buy" rating and issued a $115.00 target price (up from $80.00) on shares of NVIDIA in a research report on Tuesday, December 20th. The stock was sold at an average price of $102.09, for a total value of $76,567.50. 10355356 shares were traded on NVIDIA Corporation's last session. Latest closing price was -9.73% below its 50-day moving average and 15.34% above its 200-day moving average. The stock's price-to-book ratio is 1.11 and the forward price-to-earnings (P/E) ratio is 8.08.

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The share price of the company (NASDAQ:NVDA) was up +0.06%, with a high of 99.54 during the day and the volume of NVIDIA Corporation shares traded was 9252944.

For the upcoming quarter, initial predictions are anticipating that the company will post earnings of $0.62 per share according to consensus of 22 analysts. The company had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.10 billion. The business's quarterly revenue was up 54.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.35 EPS. On average, equities research analysts predict that NVIDIA will post $2.88 EPS for the current year. "(NVDA)" was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this article on another site, it was illegally copied and republished in violation of USA and worldwide copyright & trademark laws. The correct version of this piece of content can be accessed at [[permalink]]. It fall, as 69 investors sold NVIDIA Corporation shares while 306 reduced holdings. Nevertheless, it is a common misunderstanding that a greater share price directs towards a larger company where stock price might also twist the definite worth of the organization. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 53,458 NVIDIA Corporation (NASDAQ:NVDA) shares with value of $5.63M were sold by Kress Colette. HUANG JEN HSUN sold 41,670 shares worth $4.10M. Following the completion of the sale, the insider now owns 1,751,872 shares of the company's stock, valued at $200,641,900.16. The disclosure for this sale can be found here. Over the last three months, insiders sold 303,906 shares of company stock valued at $32,645,625. Mascoma Wealth Management LLC bought a new stake in shares of NVIDIA during the fourth quarter worth $154,000. Finally, Regentatlantic Capital LLC raised its position in shares of NVIDIA by 13.0% in the third quarter.

If we look at stock performance in last active day trading, we see that stock has moved gained 0.73% to end the day at $16.67. Wesbanco Bank Inc. bought a new stake in shares of NVIDIA during the fourth quarter worth $205,000.

Its GPU businesses include GeForce for personal computer (PC) gaming; Quadro for design professionals working in computer-aided design, video editing, special effects and other creative applications; Tesla for deep learning and accelerated computing, leveraging the parallel computing capabilities of graphics processing units (GPUs) for general goal computing, and GRID to provide the power of NVIDIA graphics through the cloud and datacenters. The Company operates through segments, including GPU and Tegra Processor. The Company's GPU product brands are aimed at specialized markets, including GeForce for gamers; Quadro for designers; Tesla and DGX for AI data scientists and big data researchers; and GRID for cloud visual computing users.

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