Analysts at Evercore ISI Didn’t Change their Past ‘Outperform’ rating on Shares Nvidia Corporation (NDAQ:NVDA), Set a $250.00 Target Price

September 17, 2017 - By test

 Analysts at Evercore ISI Didn't Change their Past ‘Outperform’ rating on Shares Nvidia Corporation (NDAQ:NVDA), Set a $250.00 Target Price

Investors sentiment decreased to 0.81 in Q4 2016. Its down 0.31, from 1.12 in 2016Q3. It dropped, as 69 investors sold NVIDIA Corporation shares while 306 reduced holdings. 121 funds opened positions while 183 raised stakes. 423.47 million shares or 3.26% less from 437.73 million shares in 2016Q3 were reported.

Summit Gp Lc accumulated 0.69% or 29,732 shares. Calamos Advsrs Ltd Liability Corp holds 0.07% or 83,788 shares. Aqr Cap Mgmt Ltd Limited Liability Company has invested 0.27% in NVIDIA Corporation (NASDAQ:NVDA). Employees Retirement Of Texas invested 0.07% in NVIDIA Corporation (NASDAQ:NVDA). Contour Asset Mngmt has 638,820 shares for 4.83% of their portfolio. Illinois-based Old Second Financial Bank Of Aurora has invested 0.03% in NVIDIA Corporation (NASDAQ:NVDA). Exane Derivatives holds 0% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA) for 740 shares. Royal National Bank & Trust Of Canada holds 780,352 shares. Rafferty Asset Management Lc has 18,703 shares. Guggenheim Ltd Liability Com invested in 0.31% or 1.01 million shares. Ballentine Prtn Limited Liability Com has 3,527 shares for 0.03% of their portfolio. Fortaleza Asset Mgmt has invested 0.01% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). Exxonmobil Invest Tx invested 0.3% in NVIDIA Corporation (NASDAQ:NVDA). Tiaa Cref Mgmt Ltd stated it has 0.32% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). First Foundation Advisors has 0.04% invested in NVIDIA Corporation (NASDAQ:NVDA).

Since March 17, 2017, it had 0 insider buys, and 8 sales for $54.14 million activity. Shoquist Debora sold 63,717 shares worth $9.23 million. 81,931 shares valued at $11.46 million were sold by Puri Ajay K on Tuesday, May 23. Shares for $3.50 million were sold by Byron Michael. 50,000 shares valued at $8.23M were sold by COXE TENCH on Friday, June 9. On Friday, March 17 the insider Kress Colette sold $5.63 million. On Thursday, May 18 Drell Persis sold $325,048 worth of NVIDIA Corporation (NASDAQ:NVDA) or 2,500 shares.

Nvidia Corporation (NDAQ:NVDA) Rating Reaffirmed

Research professionals at Evercore ISI now has a $250.00 PT on Nvidia Corporation (NDAQ:NVDA). Evercore ISI and their recent PT indicates a potential upside of 38.80 % from the company’s last stock price. The rating has been shown in analysts note on 15 September.

Investors sentiment decreased to 0.81 in Q4 2016. Its down 0.31, from 1.12 in 2016Q3. It dropped, as 69 investors sold NVIDIA Corporation shares while 306 reduced holdings. 121 funds opened positions while 183 raised stakes. 423.47 million shares or 3.26% less from 437.73 million shares in 2016Q3 were reported.

Summit Gp Lc accumulated 0.69% or 29,732 shares. Calamos Advsrs Ltd Liability Corp holds 0.07% or 83,788 shares. Aqr Cap Mgmt Ltd Limited Liability Company has invested 0.27% in NVIDIA Corporation (NASDAQ:NVDA). Employees Retirement Of Texas invested 0.07% in NVIDIA Corporation (NASDAQ:NVDA). Contour Asset Mngmt has 638,820 shares for 4.83% of their portfolio. Illinois-based Old Second Financial Bank Of Aurora has invested 0.03% in NVIDIA Corporation (NASDAQ:NVDA). Exane Derivatives holds 0% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA) for 740 shares. Royal National Bank & Trust Of Canada holds 780,352 shares. Rafferty Asset Management Lc has 18,703 shares. Guggenheim Ltd Liability Com invested in 0.31% or 1.01 million shares. Ballentine Prtn Limited Liability Com has 3,527 shares for 0.03% of their portfolio. Fortaleza Asset Mgmt has invested 0.01% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). Exxonmobil Invest Tx invested 0.3% in NVIDIA Corporation (NASDAQ:NVDA). Tiaa Cref Mgmt Ltd stated it has 0.32% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). First Foundation Advisors has 0.04% invested in NVIDIA Corporation (NASDAQ:NVDA).

Since March 17, 2017, it had 0 insider buys, and 8 sales for $54.14 million activity. Shoquist Debora sold 63,717 shares worth $9.23 million. 81,931 shares valued at $11.46 million were sold by Puri Ajay K on Tuesday, May 23. Shares for $3.50 million were sold by Byron Michael. 50,000 shares valued at $8.23M were sold by COXE TENCH on Friday, June 9. On Friday, March 17 the insider Kress Colette sold $5.63 million. On Thursday, May 18 Drell Persis sold $325,048 worth of NVIDIA Corporation (NASDAQ:NVDA) or 2,500 shares.

NVIDIA Corporation (NASDAQ:NVDA) Ratings Coverage

Among 23 analysts covering Nvidia Corporation (NDAQ:NVDA), 12 have Buy rating, 4 Sell and 7 Hold. Therefore 52% are positive. Nvidia Corporation has $200 highest and $11.75 lowest target. $125.27’s average target is -30.45% below currents $180.11 stock price. Nvidia Corporation had 31 analyst reports since March 23, 2017 according to SRatingsIntel. The stock of NVIDIA Corporation (NASDAQ:NVDA) has “Buy” rating given on Wednesday, June 14 by Goldman Sachs. The rating was maintained by Global Equities Research on Thursday, May 11 with “Overweight”. Macquarie Research maintained it with “Neutral” rating and $110 target in Friday, March 31 report. The firm has “Underperform” rating by BMO Capital Markets given on Thursday, May 11. As per Thursday, March 23, the company rating was maintained by B. Riley & Co. On Thursday, May 11 the stock rating was maintained by RBC Capital Markets with “Outperform”. The rating was maintained by Mizuho with “Buy” on Thursday, May 11. Raymond James maintained NVIDIA Corporation (NASDAQ:NVDA) on Friday, June 16 with “Outperform” rating. On Thursday, May 11 the stock rating was maintained by CLSA with “Underperform”. The stock has “Underweight” rating by Pacific Crest on Tuesday, April 4.

The stock increased 6.32% or $10.71 on September 15, reaching $180.11. About 34.12M shares traded or 113.25% up from the average. NVIDIA Corporation (NDAQ:NVDA) has risen 212.28% since September 17, 2016 and is uptrending. It has outperformed by 195.58% the S&P500.

Analysts await NVIDIA Corporation (NASDAQ:NVDA) to report earnings on November, 9. They expect $0.94 EPS, up 13.25 % or $0.11 from last year’s $0.83 per share. NVDA’s profit will be $564.02 million for 47.90 P/E if the $0.94 EPS becomes a reality. After $0.92 actual EPS reported by NVIDIA Corporation for the previous quarter, Wall Street now forecasts 2.17 % EPS growth.

Nvidia Corporation focuses on personal computer graphics, graphics processing unit (GPU) and also on artificial intelligence (AI). The company has market cap of $108.07 billion. The Company’s operates through two divisions: GPU and Tegra Processor. It has a 51.57 P/E ratio. 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.

More notable recent NVIDIA Corporation (NASDAQ:NVDA) news were published by: Investorplace.com which released: “Should Nvidia Corporation Be on Your Dream Team?” on September 13, 2017, also Seekingalpha.com with their article: “Nvidia: Another Leg Up” published on August 21, 2017, Investorplace.com published: “Nvidia Corporation (NVDA) Stock Is Breaking Out” on August 31, 2017. More interesting news about NVIDIA Corporation (NASDAQ:NVDA) were released by: Investorplace.com and their article: “Trade of the Day: Nvidia Corporation (NVDA) Stock Toys With a Breakout” published on September 15, 2017 as well as Investorplace.com‘s news article titled: “Is Nvidia Corporation (NVDA) Stock in Buy Territory?” with publication date: August 28, 2017.

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.