NVIDIA Corporation Reports 46% Advance In Q3 Bottom Line

Above If you have a lot of money you can build your PC with Star

A number of other institutional investors and hedge funds have also modified their holdings of the stock.

Datacenter revenue came to $501 million for the quarter, up from $240 million a year prior. Rice Hall James Associates Limited Liability holds 0.07% or 11,404 shares. Kicking this off, NVidia announced a 7% increase in its quarterly cash dividend to $0.15 per share from $0.14 per share, to be paid with its next quarterly cash dividend on December 15, to all shareholders of record on November 24. The stock climbed 26.96 percent over the past quarter, while surged 65.34 percent over the past six months. The stock declined 1.65% or $3.46 reaching $205.7 on the news. Proficio Capital Partners LLC raised its holdings in shares of NVIDIA Corporation by 186.1% during the first quarter. The company has market cap of $2.50 billion.

Shares of Nvidia Corp. NVIDIA Corporation has a 52 week low of $66.76 and a 52 week high of $212.90. It has a 16.94 P/E ratio.

NVIDIA Corporation (NVDA)'s distance from 200 day simple moving average is 45.27 percent, its distance from 50 day simple moving average is 12.87 percent, while its distance from 20 day simple moving average is 4.45 percent. More interesting news about NVIDIA Corporation (NASDAQ:NVDA) were released by: Seekingalpha.com and their article: "Nvidia: Government Hovers Over A Major Revenue Stream" published on October 23, 2017 as well as Investorplace.com's news article titled: "Nvidia Corporation Stock Isn't Bulletproof, But It Might Be Close" with publication date: October 30, 2017.

Among 12 analysts covering LogMeIn (NASDAQ:LOGM), 10 have Buy rating, 0 Sell and 2 Hold. Nvidia Corp. The firm had revenue of $2 billion for the quarter, compared to the consensus estimate of $1.69 billion. During the same period past year, the business earned $0.53 EPS. Equities research analysts expect that Nvidia Corp. will post $2.42 EPS for the current fiscal year. Inc. boosted its holdings in NVIDIA Corporation by 0.7% during the 2nd quarter. This value (ranging from 0-100%) shows where the stock price closed relative to the price range over the specified period. Nvidia Corp.'s payout ratio is 29.32%. "We suspect that shares will work in that there is really only one way to play the AI theme in technology and NVDA is it". If you are reading this report on another publication, it was stolen and reposted in violation of USA and global copyright & trademark laws. The original version of this article can be viewed at https://www.truebluetribune.com/2017/11/09/smith-asset-management-group-lp-has-4-77-million-stake-in-nvidia-corporation-nvda.html. RBC Capital Markets maintained it with "Buy" rating and $15000 target in Tuesday, June 6 report. Brean Capital reissued a "hold" rating on shares of Nvidia Corp.in a report on Monday, August 15th. Citigroup Inc. restated a "buy" rating and set a $210.00 target price (up previously from $185.00) on shares of NVIDIA Corporation in a report on Friday, September 29th.

Analysts have given a mean recommendation of 2.40 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).

Basically, a price target is an individual analyst's projection on the future price of a stock.

In other news, EVP Debora Shoquist sold 33,498 shares of NVIDIA Corporation stock in a transaction dated Tuesday, October 10th. The shares were sold at an average price of $68.75, for a total value of $5,881,631.25. Also, Director Mark L. Perry sold 16,281 shares of the stock in a transaction that occurred on Monday, August 14th. Another trade for 81,931 shares valued at $11.46 million was made by Puri Ajay K on Tuesday, May 23. The disclosure for this sale can be found here. Moreover, Country Tru Bancorporation has 0% invested in NVIDIA Corporation (NASDAQ:NVDA). The Company's operates through two segments: GPU and Tegra Processor. 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 objective computing, and GRID to provide the power of NVIDIA graphics through the cloud and datacenters.

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