Nvidia Corporation (NASDAQ:NVDA).
Agf Investments Inc. reports that it sold 40,376 shares in the previous quarter decreasing its exposure to Nvidia Corporation by 4.4%. Its position stood at $156,982,000 an increase of $24,171,000 as of the end of the quarter.
Agf Investments Inc. isn’t the only one who has changed their investment in NVDA. As of the end of the quarter Raymond James & Associates had bought a total of 59,180 shares growing its position 14.9%. The value in dollars went from $57,362,000 to $81,516,000 increasing 42.1% since the last quarter. Great Lakes Advisors, LLC bolstered its holdings by buying 10,854 shares an increase of 20.4% from 06/30/2017 to 09/30/2017. Great Lakes Advisors, LLC currently owns 64,019 shares valued at $11,445,000. The value of the position overall is up by 48.9%.
As of quarter end Tredje Ap-fonden had disposed of 13,790 shares trimming its holdings by 18.5%. The value of the investment in (NVDA) increased from $10,756,000 to $10,837,000 a change of $81,000 for the reporting period.
J P Morgan Chase & Co raised the price target of the stock on November 10 boosting the projection from $0.00 to $207.00 with a “Neutral” recommendation. Equity analyst Jefferies Group LLC raised the price target on November 10 changing the forecast from $230.00 to $240.00 and stated a “Buy” rating.
November 10 investment analysts at Needham & Company LLC made no change to the stock rating of “Buy” targeting a price of $250.00.
Equity analyst Loop Capital raised the price target on November 10 changing the price objective from $0.00 to $235.00 and issued a “Buy” rating. Equity analyst SunTrust Banks raised the price target of the stock on November 10 changing the price objective from $0.00 to $253.00 with a rating of “Buy”.
In the market the company is trading down by 2.24% percent from yesterday’s close. The P/E ratio is currently 52.39 and the market cap of the company is 125.63B. As of the latest earnings report the EPS was $4.00 with 600.00M shares outstanding.
Traders are more bullish on shares of the company recently if you watch the downtick in short interest. The company experienced a fall in short interest from September 29, 2017 to October 13, 2017 of -0.50%. Short interest fell from 14,755,916 to 14,681,832 over that timeframe. Days to cover decreased from 1.0 to 1.0 and the percentage of shorted shares was 0.02% on October 13.