Nikko Asset Management Americas INC Holds Holding in Nvidia Corp (NVDA)

November 10, 2018 - By Nellie Frank

NVIDIA Corporation (NASDAQ:NVDA) LogoInvestors sentiment increased to 1.6 in 2018 Q2. Its up 0.40, from 1.2 in 2018Q1. It is positive, 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. Massachusetts-based Boston Family Office Lc has invested 0.02% in NVIDIA Corporation (NASDAQ:NVDA). California-based Montecito National Bank & Trust Tru has invested 0.54% in NVIDIA Corporation (NASDAQ:NVDA). Los Angeles Capital And Equity holds 293,119 shares. Nikko Asset Mgmt Americas stated it has 350,759 shares or 2.48% of all its holdings. Arrowgrass Prtn (Us) Ltd Partnership invested 0.14% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). Tiaa Cref Inv Ltd Liability Company invested in 0.57% or 3.59M shares. Arrow has invested 0.62% in NVIDIA Corporation (NASDAQ:NVDA). Moreover, Smith Salley has 0.13% invested in NVIDIA Corporation (NASDAQ:NVDA) for 3,129 shares. Fifth Third Fincl Bank holds 0.1% in NVIDIA Corporation (NASDAQ:NVDA) or 62,259 shares. Stock Yards Financial Bank Co reported 1,734 shares. The New York-based Cim Ltd Com has invested 0.21% in NVIDIA Corporation (NASDAQ:NVDA). Excalibur stated it has 1,927 shares. Old Second Bancshares Of Aurora has invested 1% in NVIDIA Corporation (NASDAQ:NVDA). Mark Sheptoff Planning Limited Liability Corporation invested in 0.06% or 350 shares. First Republic Inv owns 0.2% invested in NVIDIA Corporation (NASDAQ:NVDA) for 149,782 shares.

Since May 21, 2018, it had 0 insider buys, and 10 insider sales for $70.71 million activity. Kress Colette also sold $3.08M worth of NVIDIA Corporation (NASDAQ:NVDA) on Wednesday, September 19. Shares for $3.71M were sold by Byron Michael on Monday, May 21. GAITHER JAMES C also sold $11.41 million worth of NVIDIA Corporation (NASDAQ:NVDA) on Thursday, May 31. 100,000 shares valued at $24.21 million were sold by JONES HARVEY C on Tuesday, June 26. SEAWELL A BROOKE also sold $5.57 million worth of NVIDIA Corporation (NASDAQ:NVDA) shares. STEVENS MARK A sold $10.03 million worth of NVIDIA Corporation (NASDAQ:NVDA) on Wednesday, June 13.

Nikko Asset Management Americas Inc increased its stake in Nvidia Corp (NVDA) by 54.89% based on its latest 2018Q2 regulatory filing with the SEC. Nikko Asset Management Americas Inc bought 124,297 shares as the company’s stock rose 2.21% with the market. The institutional investor held 350,759 shares of the semiconductors company at the end of 2018Q2, valued at $83.10M, up from 226,462 at the end of the previous reported quarter. Nikko Asset Management Americas Inc who had been investing in Nvidia Corp for a number of months, seems to be bullish on the $125.05B market cap company. 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.

Nikko Asset Management Americas Inc, which manages about $3.82 billion and $3.35B US Long portfolio, decreased its stake in Steel Dynamics Inc (NASDAQ:STLD) by 71,890 shares to 260,519 shares, valued at $11.97M in 2018Q2, according to the filing. It also reduced its holding in Halliburton Co (NYSE:HAL) by 176,377 shares in the quarter, leaving it with 460,453 shares, and cut its stake in Hess Corp (NYSE:HES).

More notable recent NVIDIA Corporation (NASDAQ:NVDA) news were published by: Investorplace.com which released: “It’s Time to Sell Nvidia Stock on Bounces” on November 02, 2018, also Seekingalpha.com with their article: “Where Should Nvidia Go From Here?” published on October 23, 2018, Globenewswire.com published: “NVIDIA Sets Conference Call for Third-Quarter Financial Results” on November 01, 2018. More interesting news about NVIDIA Corporation (NASDAQ:NVDA) were released by: Investorplace.com and their article: “3 Chip Stocks Still Worth Buying” published on November 05, 2018 as well as Seekingalpha.com‘s news article titled: “Crash Protection Kicks In For Nvidia” with publication date: November 09, 2018.

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 has $34000 highest and $24300 lowest target. $295’s average target is 43.43% above currents $205.67 stock price. NVIDIA had 18 analyst reports since May 11, 2018 according to SRatingsIntel. The rating was maintained by FBR Capital with “Buy” on Friday, May 11. The firm has “Hold” rating given on Friday, May 11 by Stifel Nicolaus. The firm has “Overweight” rating by Morgan Stanley given on Thursday, November 8. JP Morgan upgraded the shares of NVDA in report on Tuesday, October 30 to “Overweight” rating. The firm has “Outperform” rating by Wells Fargo given on Wednesday, August 15. Goldman Sachs maintained the shares of NVDA in report on Friday, May 11 with “Buy” rating. The rating was maintained by UBS on Monday, June 18 with “Hold”. The stock of NVIDIA Corporation (NASDAQ:NVDA) earned “Buy” rating by Rosenblatt on Friday, May 11. On Tuesday, June 26 the stock rating was maintained by FBR Capital with “Buy”. The firm has “Hold” rating by Stifel Nicolaus given on Friday, August 17.

NVIDIA Corporation (NASDAQ:NVDA) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>