NVIDIA Corporation (NVDA) Upgraded to Neutral by Nomura

Nvidia steps up its transition to an AI company

The rating was upgraded by Roth Capital to "Buy" on Friday, May 13. Barclays Capital maintained NVIDIA Corporation (NASDAQ:NVDA) on Friday, August 12 with "Underweight" rating. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal.

NVIDIA Corporation (NASDAQ:NVDA) posted solid quarterly results yesterday after the closing bell, and buried within the report was much weaker demand from cryptocurrency miners. The relative volume of the stock is 1.48. The company was maintained on Wednesday, June 15 by Wedbush. Bankhaus Lampe maintained it with "Hold" rating and €165 target in Thursday, December 3 report. Pivotal Research upgraded the shares of CBS in report on Thursday, August 6 to "Buy" rating. Jefferies Group reiterated a "buy" rating and set a $80.00 target price on shares of Nvidia Corp.in a research report on Monday, October 24th. Citigroup Inc. reaffirmed a "buy" rating and issued a $180.00 target price on shares of NVIDIA Corporation in a research note on Thursday, August 10th.

Since May 11, 2017, it had 0 buys, and 6 selling transactions for $33.17 million activity. Fiduciary Trust Co. acquired a new position in NVIDIA Corporation during the first quarter worth approximately $435,000. It increased, as 73 investors sold NVIDIA Corporation shares while 262 reduced holdings. Another trade for 50,000 shares valued at $8.23 million was sold by COXE TENCH.

NVIDIA Corporation (NVDA) has a Return on Assets of 23.9 percent, Return on Investment of 19.8 percent and a Return on Equity of 39.4 percent. The Van Hulzen Asset Management Llc holds 62,238 shares with $1.51 million value, up from 22,238 last quarter. The stock was sold at an average price of $189.62, for a total transaction of $9,481,000.00. The stock rose 6.17% or $12.66 reaching $217.98 per share. With the last close up 31.76% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the same period. It has outperformed by 195.58% the S&P500.

Cryptocurrencies have been a boon for Nvidia's graphics processing units, which are prominent in gaming and machine learning.

Star Wars TV Series Planned for Streaming Service
CNBC , which broke the original story, is claiming the possibility of a deal between Disney and 20th Century Fox is still alive. Disney's new streaming service might look like a rival to Netflix , but really, it's just a new friend.

Nvidia's gaming revenue increased 25.5 percent to $1.56 billion, accounting for almost 60 percent of total revenue. The Firm operates through its subsidiary, Rockland Trust Company. It has a 61.89 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.

Investors sentiment increased to 1.21 in Q2 2017. Its up 0.21, from 1 in 2017Q1. Needham & Company LLC restated a buy rating on shares of NVIDIA Corporation in a research report on Friday, August 11th. Evercore Wealth Management LLC raised its position in NVIDIA Corporation by 36.9% in the 2nd quarter.

In premarket, its shares were up 4.91% at US$215.40. Zacks Investment Mgmt reported 26,009 shares.

Publicly-traded company NVIDIA Corporation (NASDAQ:NVDA) had a closing price of $205.32 yesterday. $11.46 million worth of NVIDIA Corporation (NASDAQ:NVDA) was sold by Puri Ajay K. Cim Limited Co invested in 0.26% or 4,166 shares. Aperio Gru Limited Company reported 323,108 shares. Bb&T Securities Llc reported 0.13% in CBS Corporation (NYSE:CBS). Cornerstone Advsr Inc accumulated 1,410 shares. The company was initiated on Friday, September 23 by Barclays Capital. Edgewood Management Ltd Liability reported 3.5% in NVIDIA Corporation (NASDAQ:NVDA). It also reduced Pfizer Inc (NYSE:PFE) stake by 57,000 shares and now owns 695,000 shares. About 1.62M shares traded or 62.00% up from the average. Independent Bank Corp (INDB) has risen 30.83% since November 10, 2016 and is uptrending. It has outperformed by 2.38% the S&P500. Shaker Financial Services Llc owns 475,462 shares or 2.31% of their U.S. portfolio. The institutional investor held 74,155 shares of the broadcasting company at the end of 2017Q2, valued at $4.73 million, up from 48,303 at the end of the previous reported quarter. The Illinois-based Bard Associates Inc has invested 0.96% in the stock. Peddock Capital Advisors Lc, a Massachusetts-based fund reported 39,527 shares.

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

Related news:

Hot News

isis-killer-beheading-video-story-top Disneyland shuts down 2 cooling towers after Legionnaires' disease sickens park visitors
Nov 12, 2017 - 02:49
Walt Disney Parks and Resorts Chief Medical Officer Pamela Hymel said Disney conducted more tests on all of their water towers. Hymel said that local health officials had assured them that there was no longer any risk to guests or employees of the park.

isis-killer-beheading-video-story-top Lewis Hamilton lashes out at F1 management after robbery in Brazil
Nov 12, 2017 - 02:49
And previous year a Mercedes team member was held up at gunpoint in Mexico while travelling from the airport to his hotel. The same evening, three Sauber engineers were robbed at gunpoint though but managed to escape unhurt.

isis-killer-beheading-video-story-top Chicago to host 2020 NBA All-Star weekend
Nov 12, 2017 - 02:43
Cleveland had previously been vying to host the league's next available All-Star Game, targeting the 2020 and 2021 exhibitions. Jordan scored 40 points in the game and earned his first of three All-Star Game MVP awards.

isis-killer-beheading-video-story-top Allahabad Bank Q2 net rises 8 pc to Rs 70 cr
Nov 12, 2017 - 02:42
Non-interest income, comprising treasury revenues, fees and commissions, grew by 58 per cent to Rs 16,016 crore. Total income of the company, however, stood at Rs 192.75 crore for the quarter under consideration.

isis-killer-beheading-video-story-top Kushner Chided Time Warner to Fire 20% of CNN Staff
Nov 12, 2017 - 02:40
AT&T has argued against selling off either company's assets, as it believes this would undercut the rationale for the tie-up. The wireless giant had previously said that it expected the acquisition to take effect by the end of this year.

isis-killer-beheading-video-story-top USDA boosts its guess of Iowa corn production
Nov 12, 2017 - 02:39
Trade analysts expected soybean yield estimates to come in slightly lower, but USDA left them unchanged, at 49.5 bpa. The next round of WASDE and Crop Production reports will be released on December 12.

isis-killer-beheading-video-story-top Mueller probes Flynn's role in alleged plan to deliver cleric to Turkey
Nov 12, 2017 - 02:37
It is unclear how Flynn, as national security adviser, could have successfully carried out either alleged request. Zarrab is in prison in the United States on federal charges that he helped Iran skirt USA sanctions, NBC said.

isis-killer-beheading-video-story-top Stylish Melania Trump has a $800 answer for all the 'shoe police'
Nov 11, 2017 - 01:58
The flat shoes she wore at the Great Wall alone cost £454 (A$782, US$600) from shoe-designer-to-the-stars Christian Louboutin. She then signed a guestbook and took an hour and a half stroll besides aides and security officers.

isis-killer-beheading-video-story-top Veterans Day 2017: Where Northstate service members can get freebies, discounts
Nov 11, 2017 - 01:55
Bonefish Grill is offering active and retired service members with valid military ID a free order of Bang Bang Shrimp on Saturday. On Veterans Day, all active and retired military can receive a complimentary sausage biscuit during breakfast hours (6am - 11am).

isis-killer-beheading-video-story-top Holly Golightly wouldn't approve of real-life breakfast at Tiffany's
Nov 11, 2017 - 01:54
The outside of Tiffany & Co's flagship store on Fifth Avenue is seen in New York City , New York, U.S. By the time the doors opened, at 10 a.m., there was a line down the block.

isis-killer-beheading-video-story-top Sensex closes high on GST meet outcome hopes
Nov 11, 2017 - 01:51
All the sectoral indices led by metal, auto and oil & gas were trading in the negative terrain, falling by up to 0.92 per cent. The BSE market breadth was slightly bearish - 1,286 declines and 1,210 advances.

isis-killer-beheading-video-story-top GST recommendations will benefit people, strengthen tax structure: Modi
Nov 11, 2017 - 01:51
He also said the Council had been looking at the 28 percent tax slab and constantly rationalising items in it in lesser tax slabs. Value Added Tax (VAT) will continue to be charged for alcohol, which does not fall under GST.

isis-killer-beheading-video-story-top National Football League expects contract extension for commissioner Roger Goodell to be completed soon
Nov 10, 2017 - 01:56
Ezekiel Elliot has another hearing today at to consider his appeal for suspension and whether or not he will play this Sunday. Jerry Jones opposes the contract extension being negotiated with Roger Goodell .

isis-killer-beheading-video-story-top IOS 11 vs iOS 10: What's New in iOS 11.1.1
Nov 10, 2017 - 01:55
Also, if you haven't been able to get Siri's attention of late by saying "Hey, Siri", well, Apple fixed that too in this update . The iOS 11 .1.1 software update can be downloaded for free on all eligible devices over-the-air in the Settings app.

isis-killer-beheading-video-story-top Twitter to expand 280-character tweets
Nov 10, 2017 - 01:47
Only five percent of users went above 140 characters during the test, and only 2 percent ever went north of 190 characters. Twitter confirmed that after a global test, users will be able to tweet in 280-characters across the globe.