Parus Finance Uk LTD Has Lowered Its Nvidia Corp (NVDA) Holding by $8.08 Million; Stock Value Rose

October 2, 2018 - By Vivian Park

NVIDIA Corporation (NASDAQ:NVDA) LogoInvestors sentiment increased to 1.6 in Q2 2018. 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. Fiduciary Trust Com owns 7,847 shares. 11.09 million were reported by Primecap Mngmt Ca. Private Ocean Lc holds 0.09% or 809 shares. Blair William & Il, a Illinois-based fund reported 155,659 shares. Washington Company accumulated 435 shares. Clear Harbor Asset Mgmt Ltd Limited Liability Company stated it has 1,440 shares or 0.06% of all its holdings. Virginia Retirement Et Al holds 191,900 shares. Douglass Winthrop Ltd reported 0.02% in NVIDIA Corporation (NASDAQ:NVDA). Daiwa Sb Investments Limited holds 0.04% or 670 shares in its portfolio. 1,218 are held by Sva Plumb Wealth Mngmt. Tiverton Asset Management Lc reported 0.62% stake. Partnervest Advisory Ser accumulated 0.11% or 1,023 shares. Banced, Illinois-based fund reported 3,386 shares. Zeke Capital Advsr Limited Liability Company accumulated 0.17% or 7,420 shares. Earnest Partners Ltd Liability Company reported 0% stake.

Since May 21, 2018, it had 0 insider purchases, and 10 sales for $70.71 million activity. Shares for $11.23M were sold by Puri Ajay K. Byron Michael sold 43 shares worth $12,046. $24.21M worth of stock was sold by JONES HARVEY C on Tuesday, June 26. GAITHER JAMES C sold $11.41M worth of stock or 45,000 shares. $10.03 million worth of NVIDIA Corporation (NASDAQ:NVDA) was sold by STEVENS MARK A on Wednesday, June 13. 21,029 NVIDIA Corporation (NASDAQ:NVDA) shares with value of $5.57M were sold by SEAWELL A BROOKE.

Parus Finance Uk Ltd decreased its stake in Nvidia Corp (NVDA) by 16.47% based on its latest 2018Q2 regulatory filing with the SEC. Parus Finance Uk Ltd sold 34,250 shares as the company’s stock rose 2.21% with the market. The institutional investor held 173,690 shares of the semiconductors company at the end of 2018Q2, valued at $41.15M, down from 207,940 at the end of the previous reported quarter. Parus Finance Uk Ltd who had been investing in Nvidia Corp for a number of months, seems to be less bullish one the $177.34 billion market cap company. The stock increased 0.80% or $2.31 during the last trading session, reaching $291.67. About 1.56 million shares traded. NVIDIA Corporation (NASDAQ:NVDA) has risen 58.13% since October 2, 2017 and is uptrending. It has outperformed by 42.51% the S&P500.

Analysts await NVIDIA Corporation (NASDAQ:NVDA) to report earnings on November, 8. They expect $1.73 EPS, up 30.08 % or $0.40 from last year’s $1.33 per share. NVDA’s profit will be $1.05B for 42.15 P/E if the $1.73 EPS becomes a reality. After $1.77 actual EPS reported by NVIDIA Corporation for the previous quarter, Wall Street now forecasts -2.26 % negative EPS growth.

More notable recent NVIDIA Corporation (NASDAQ:NVDA) news were published by: Nasdaq.com which released: “3 Big Stock Charts for Monday: Activision Blizzard, S&P Global and Interpublic Group of Companies” on October 01, 2018, also Seekingalpha.com with their article: “Analyst notes mixed reviews on Nvidia’s new GeForce; NVDA -1.2%” published on September 20, 2018, Seekingalpha.com published: “Nvidia: Kicking Ass And Taking Names” on September 10, 2018. More interesting news about NVIDIA Corporation (NASDAQ:NVDA) were released by: Nasdaq.com and their article: “AMD Stock Price Has Paused, Investors Should Pause As Well” published on October 02, 2018 as well as Nasdaq.com‘s news article titled: “STM vs. NVDA: Which Stock Should Value Investors Buy Now?” with publication date: September 06, 2018.

NVIDIA Corporation (NASDAQ:NVDA) Ratings Coverage

Among 17 analysts covering NVIDIA (NASDAQ:NVDA), 13 have Buy rating, 0 Sell and 4 Hold. Therefore 76% are positive. NVIDIA had 24 analyst reports since April 5, 2018 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, June 26 by FBR Capital. The firm has “Buy” rating given on Friday, May 11 by FBR Capital. The rating was maintained by UBS on Monday, June 18 with “Hold”. Morgan Stanley upgraded the stock to “Overweight” rating in Tuesday, April 10 report. Goldman Sachs maintained it with “Buy” rating and $27500 target in Friday, May 4 report. The stock of NVIDIA Corporation (NASDAQ:NVDA) has “Outperform” rating given on Wednesday, August 15 by Wells Fargo. The rating was maintained by Stifel Nicolaus with “Hold” on Friday, August 17. Barclays Capital upgraded the shares of NVDA in report on Thursday, May 3 to “Overweight” rating. Bank of America maintained the shares of NVDA in report on Monday, May 14 with “Buy” rating. The stock has “Hold” rating by Deutsche Bank on Tuesday, May 8.

NVIDIA Corporation (NASDAQ:NVDA) Institutional Positions Chart

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