As Nvidia Corp (NVDA) Share Value Rose, Mastrapasqua Asset Management INC Has Trimmed Position

May 24, 2018 - By Stephen Andrade

NVIDIA Corporation (NASDAQ:NVDA) LogoInvestors sentiment decreased to 1.21 in 2017 Q4. Its down 0.09, from 1.3 in 2017Q3. It turned negative, as 59 investors sold NVDA shares while 301 reduced holdings. 113 funds opened positions while 321 raised stakes. 363.65 million shares or 6.07% less from 387.15 million shares in 2017Q3 were reported. Edgewood Mngmt Limited Liability Corp has invested 3.99% in NVIDIA Corporation (NASDAQ:NVDA). Advisor Partners Limited invested in 13,321 shares or 0.55% of the stock. Liberty Mutual Group Inc Asset Mngmt reported 23,914 shares. Plancorp Ltd Liability Corporation reported 0.15% in NVIDIA Corporation (NASDAQ:NVDA). Capital Advisors Ltd Llc, a Georgia-based fund reported 1,054 shares. Winfield Associates Inc holds 149 shares. Polar Limited Liability Partnership reported 249,194 shares. Equitec Proprietary Mkts Llc has 0.03% invested in NVIDIA Corporation (NASDAQ:NVDA). Congress Asset Mgmt Ma reported 63,218 shares. Moreover, Bainco Intll Invsts has 0.64% invested in NVIDIA Corporation (NASDAQ:NVDA) for 22,362 shares. Meiji Yasuda Life Ins reported 0.31% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). Mark Asset Corporation reported 113,580 shares or 5.51% of all its holdings. Thompson Siegel & Walmsley Ltd Company stated it has 16,711 shares or 0.04% of all its holdings. Chemical Financial Bank reported 0.1% in NVIDIA Corporation (NASDAQ:NVDA). Moreover, Cim Ltd Co has 0.21% invested in NVIDIA Corporation (NASDAQ:NVDA).

Since December 13, 2017, it had 0 insider buys, and 7 selling transactions for $22.84 million activity. $7.67M worth of NVIDIA Corporation (NASDAQ:NVDA) shares were sold by Shoquist Debora. The insider Byron Michael sold 103 shares worth $23,496. $119,427 worth of NVIDIA Corporation (NASDAQ:NVDA) shares were sold by Drell Persis. $9.91M worth of NVIDIA Corporation (NASDAQ:NVDA) was sold by GAITHER JAMES C on Thursday, February 15. $31,732 worth of stock was sold by Kress Colette on Wednesday, December 13.

Mastrapasqua Asset Management Inc decreased its stake in Nvidia Corp (NVDA) by 42.53% based on its latest 2017Q4 regulatory filing with the SEC. Mastrapasqua Asset Management Inc sold 54,780 shares as the company’s stock rose 15.49% while stock markets declined. The institutional investor held 74,032 shares of the semiconductors company at the end of 2017Q4, valued at $14.33M, down from 128,812 at the end of the previous reported quarter. Mastrapasqua Asset Management Inc who had been investing in Nvidia Corp for a number of months, seems to be less bullish one the $150.43B market cap company. The stock increased 0.11% or $0.265 during the last trading session, reaching $247.805. About 9.79M shares traded. NVIDIA Corporation (NASDAQ:NVDA) has risen 108.33% since May 24, 2017 and is uptrending. It has outperformed by 96.78% the S&P500.

Mastrapasqua Asset Management Inc, which manages about $507.94 million and $495.22M US Long portfolio, upped its stake in Cisco Sys Inc (NASDAQ:CSCO) by 138,213 shares to 161,668 shares, valued at $6.19M in 2017Q4, according to the filing.

Analysts await NVIDIA Corporation (NASDAQ:NVDA) to report earnings on August, 9. They expect $1.44 earnings per share, up 56.52 % or $0.52 from last year’s $0.92 per share. NVDA’s profit will be $874.13 million for 43.02 P/E if the $1.44 EPS becomes a reality. After $1.88 actual earnings per share reported by NVIDIA Corporation for the previous quarter, Wall Street now forecasts -23.40 % negative EPS growth.

More notable recent NVIDIA Corporation (NASDAQ:NVDA) news were published by: Seekingalpha.com which released: “Nvidia: Ignore The Noise” on May 17, 2018, also Seekingalpha.com with their article: “Nvidia: Covered Call Strategy” published on May 21, 2018, Forbes.com published: “A Look At Our $208 Valuation For Nvidia” on May 23, 2018. More interesting news about NVIDIA Corporation (NASDAQ:NVDA) were released by: Globenewswire.com and their article: “NVIDIA Announces Upcoming Events for Financial Community” published on May 23, 2018 as well as Seekingalpha.com‘s news article titled: “Nvidia: Upcoming Earnings, Take Gains” with publication date: May 07, 2018.

NVIDIA Corporation (NASDAQ:NVDA) Ratings Coverage

Among 18 analysts covering Nvidia (NASDAQ:NVDA), 14 have Buy rating, 0 Sell and 4 Hold. Therefore 78% are positive. Nvidia had 33 analyst reports since January 5, 2018 according to SRatingsIntel. As per Tuesday, March 27, the company rating was maintained by SunTrust. The stock of NVIDIA Corporation (NASDAQ:NVDA) has “Buy” rating given on Wednesday, March 14 by RBC Capital Markets. As per Friday, January 12, the company rating was maintained by Citigroup. The stock of NVIDIA Corporation (NASDAQ:NVDA) has “Buy” rating given on Friday, January 5 by Goldman Sachs. The firm has “Hold” rating by BMO Capital Markets given on Friday, February 9. The firm earned “Buy” rating on Tuesday, February 6 by RBC Capital Markets. The rating was maintained by Barclays Capital with “Overweight” on Friday, May 11. The rating was maintained by Deutsche Bank with “Hold” on Tuesday, May 8. On Friday, February 9 the stock rating was maintained by SunTrust with “Buy”. As per Friday, May 11, the company rating was maintained by Rosenblatt.

NVIDIA Corporation (NASDAQ:NVDA) Institutional Positions Chart

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