MPS Loria Financial Planners LLC Purchases New Holdings in NVIDIA Co. (NVDA)

MPS Loria Financial Planners LLC acquired a new position in NVIDIA Co. (NASDAQ:NVDA) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,173 shares of the computer hardware maker’s stock, valued at approximately $211,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. TD Capital Management LLC acquired a new position in shares of NVIDIA in the fourth quarter valued at about $27,000. Capital Financial Planning LLC bought a new stake in NVIDIA during the fourth quarter worth about $28,000. Clarfeld Financial Advisors LLC bought a new stake in NVIDIA during the fourth quarter worth about $29,000. Trust Department MB Financial Bank N A bought a new stake in NVIDIA during the fourth quarter worth about $31,000. Finally, Truvestments Capital LLC bought a new stake in NVIDIA during the first quarter worth about $33,000. 69.89% of the stock is currently owned by hedge funds and other institutional investors.

NVDA has been the subject of a number of research reports. Credit Suisse Group reissued an “outperform” rating on shares of NVIDIA in a report on Wednesday, January 9th. Oppenheimer reissued an “outperform” rating and issued a $250.00 target price on shares of NVIDIA in a report on Wednesday, January 9th. Evercore ISI dropped their target price on shares of NVIDIA from $325.00 to $275.00 and set an “outperform” rating for the company in a report on Monday, January 14th. BidaskClub raised shares of NVIDIA from a “sell” rating to a “hold” rating in a report on Tuesday, January 15th. Finally, Zacks Investment Research raised shares of NVIDIA from a “sell” rating to a “hold” rating in a report on Wednesday, January 16th. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and twenty-six have given a…

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