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Bogart Wealth LLC Boosts Holdings in NVIDIA Co. (NASDAQ:NVDA)

Bogart Wealth LLC Boosts Holdings in NVIDIA Co. (NASDAQ:NVDA)

  • 18.03.2025 10:03
  • etfdailynews.com
  • Keywords: High Risk

Bogart Wealth LLC increased its NVIDIA holdings by 0.7% in the 4th quarter, owning 121,144 shares worth $16.3 million, making it their 23rd largest position. Other investors also adjusted their stakes, with several upgrading or adding to their NVIDIA positions. Analysts have a "Moderate Buy" rating on the stock, reflecting positive sentiment despite recent insider sales and moderate price targets.

Nvidia Reports

Estimated market influence

Context

Analysis of Bogart Wealth LLC's Investment in NVIDIA Co. (NASDAQ:NVDA)

Business Insights

  • Ownership Increase: Bogart Wealth LLC increased its NVIDIA holdings by 0.7% during the 4th quarter, adding 783 shares to reach a total of 121,144 shares.
  • Portfolio Weight: NVIDIA represents approximately 0.8% of Bogart Wealth LLC’s portfolio and is ranked as the 23rd largest holding.
  • Market Value: The investment in NVIDIA was valued at $16,268,000 at the end of the quarter.

Market Implications

  • Institutional Ownership: Institutional investors and hedge funds collectively own 65.27% of NVIDIA’s stock, indicating significant institutional confidence.
  • Analyst Sentiment: Multiple analysts have upgraded or maintained positive ratings on NVIDIA:
    • Citigroup: Raised target price to $175.00 (from $170.00) with a "buy" rating.
    • Barclays: Increased target price to $175.00 (from $160.00) with an "overweight" rating.
    • DA Davidson: Reaffirmed "neutral" rating with a $135.00 target price.
    • Loop Capital: reiterated "buy" rating with a $175.00 target price.
    • Rosenblatt Securities: restated "buy" rating with a $220.00 target price.
  • Consensus Rating: The stock has a consensus rating of "Moderate Buy" with a target price of $171.51.

Competitive Dynamics

  • Investor Interest: Several investors have recently increased their stakes in NVIDIA:
    • Legend Financial Advisors Inc.: New investment worth $34,000.
    • Luken Investment Analytics LLC: New investment worth $40,000.
    • DHJJ Financial Advisors Ltd.: Increased position by 70.0% to 340 shares.
    • Lowe Wealth Advisors LLC: New investment worth $46,000.
    • 1620 Investment Advisors Inc.: Increased position by 145.9% to 418 shares.

Strategic Considerations

  • Insider Activity: Significant insider sales in the past three months:
    • EVP Ajay K. Puri: Sold 36,462 shares worth $5,509,408.20.
    • Director Robert K. Burgess: Sold 53,324 shares worth $6,158,388.76.
    • Total Insider Sales: 92,449 shares worth $11,960,727.
  • Insider Ownership: Insiders own 4.23% of the company’s stock.

Long-term Effects

  • Stock Performance: NVIDIA’s stock opened at $119.53 with a market capitalization of $2.92 trillion and a P/E ratio of 47.04.
  • Earnings and Revenue: NVIDIA reported EPS of $0.89 (vs. analyst estimate of $0.84) and revenue of $39.33 billion (vs. analyst estimate of $38.16 billion).
  • Dividend Announcement: NVIDIA declared a quarterly dividend of $0.01, annualized to $0.04, with a dividend yield of 0.03%.

Regulatory Impact

  • No Immediate Regulatory Concerns: No specific regulatory issues highlighted in the text.

This analysis highlights NVIDIA’s strong performance, positive analyst sentiment, and significant institutional and investor interest, while also noting insider sales and market volatility.