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
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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.