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Hall Laurie J Trustee sold 33.4% of its shares in NVIDIA Co. (NASDAQ:NVDA), reducing its stake to 11,938 shares after selling 5,974 shares. The firm’s investment portfolio comprises approximately 2.2% NVIDIA of which is the 12th biggest holding. Hall Laurie J Trustee considered NVIDIA goods at the end of the most recent reporting period to be worth $11,938,000. Several other hedge funds have also made changes to their positions in NVIDIA, which led to a 64.79% ownership of the company’s stock.

In related news, Director Mark A. Stevens sold 10,400 shares of NVIDIA stock for a total value of $5,008,640. Following the transaction, the director now owns 979,431 shares in the company, valued at approximately $471,693,969.60. In other news, the executive vice president sold 20,000 shares of the business’s stock for a total transaction of $9,637,000.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Tuesday, November 21st. The computer hardware maker reported $4.02 EPS for the quarter, beating the consensus estimate of $3.03 by $0.99.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 28th. The ex-dividend date was Tuesday, December 5th.

Several firms have offered their recommendations for buying NVIDIA stocks, with some reports suggesting it as an “outperform” stock. The company currently has a consensus rating of “Moderate Buy” and a consensus target price of $598.08.



Original: NVIDIA Co. (NASDAQ:NVDA) Shares Sold by Hall Laurie J Trustee