An unusually large block of $824.96K Put contracts on March 17th, 2023 at 11:51:51 ET Nvidia (NVDA) was purchased with a strike price of $220.00/share, which expires in 63 days (on May 19, 2023). Fintel tracks all large options trades, and the premium incurred on this trade was 1.25 sigma above average, placing it in the 90.15 percentile of all recent large trades in NVDA options.
This trade was first picked up on Fintel Realtime unusual option trade
Tools, where unusual option trades are highlighted.
Analyst Price Forecast Indicates 0.78% Downside
By March 17, 2023, average one year price target For NVIDIA it is $253.41. Forecasts range from a low of $111.10 to a high of $336.00. The average price target represents a decrease of 0.78% from its latest reported closing price of $255.41.
see our Leaderboard of companies With the biggest price target on the upside.
NVIDIA’s estimated annual revenue is $27,481MM, an increase of 1.88%. Estimated Annual Non-GAAP eps
is $3.33.
What is Fund Sentiment?
there are Reporting of 4504 fund or institution positions in nvidia. This is an increase of 195 owners or 4.53% over the previous quarter. average portfolio weight of all funds 0.92% dedicated to NVDA, a shortfall of 3.36%. Total shares owned by institutions increased by 2.11% to 1,784,861K shares in the past three months. put/call ratio The NVDA has 1.15, indicating a bearish outlook.
What are the big shareholders doing?
VTSMX – Vanguard Total Stock Market Index Fund Investor Shares
The company holds 71,043K shares representing 2.88% ownership. In its prior filing, the firm reported representing 70,850K shares.
a hike
of 0.27%. Firm
increased
Its portfolio allocation in NVDA has increased by 11.48% as compared to the previous quarter.
VFINX – Vanguard 500 Index Fund Investor Shares
The company holds 57,562K shares representing 2.33% ownership. In its prior filing, the firm reported holdings representing 56,763K shares.
a hike
of 1.39%. Firm
increased
Its portfolio allocation in NVDA is higher by 12.47% as compared to the previous quarter.
Price T Rowe Associates
The company holds 56,957K shares representing 2.31% ownership. In its prior filing, the firm reported holdings representing 51,913K shares.
a hike
of 8.86%. Firm
increased
Its portfolio allocation in NVDA has increased by 29.39% as compared to the previous quarter.
Geode Capital Management
The company holds 45,789K shares representing 1.86% ownership. In its prior filing, the firm reported holdings representing 45,096K shares.
a hike
of 1.51%. Firm
increased
Its portfolio allocation in NVDA is higher by 13.01% as compared to the previous quarter.
Invesco Qqq Trust, Series 1
The company holds 32,817K shares representing 1.33% ownership. In its prior filing, the firm reported holdings representing 31,015K shares.
a hike
of 5.49%. Firm
increased
Its portfolio allocation in NVDA has increased by 29.48% as compared to the previous quarter.
NVIDIA Announces $0.04 Dividend
On February 22, 2023, the company announced regular quarterly dividend $0.04 per share ($0.16 annualized). Shareholders of record through March 8, 2023 will receive the payment on March 29, 2023. Previously, the company paid $0.04 per share.
At the current share price of $255.41/share, the stock’s dividend yield is 0.06%. Looking back five years and taking a sample each week, the average dividend yield has been 0.20%, with a low of 0.02%, and a high of 0.50%. The standard deviation of the yield is 0.12 (n=237).
The current dividend yield is 1.09 standard deviations below the historical average.
Additionally, the company has a dividend payout ratio of 0.09. The payout ratio tells us how much of a company’s earnings is paid out in dividends. A payout ratio of one (1.0) means that 100% of the company’s earnings are paid out in dividends. A payout ratio greater than one means the company is dipping into savings to maintain its dividend — not a healthy situation. Companies with some growth potential are expected to pay out most of their earnings in dividends, which typically have a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some of the earnings to invest in those growth prospects, which translates into a payout ratio of zero to 0.5.
The company has not increased its dividend in the last three years.
NVIDIA background information
(This description is provided by the company.)
Nvidia is the leader in GPU-accelerated computing. The company specializes in products and platforms for the large, growing markets of gaming, professional visualization, data centers and automotive. Its creations are loved by the world’s most demanding computer users – gamers, designers and scientists. And its work is at the center of some of the most consequential mega-trends in technology.
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