Nvidia stock surges 10% on record results

Nvidia stock surges 10% on record results

Abaxis, Inc. (ABAX) has risen 7.18% since February 8, 2017 and is uptrending.

Old Second National Bank Of Aurora increased its stake in Nvidia Corporation (NVDA) by 1679.93% based on its latest 2017Q3 regulatory filing with the SEC.

Caso raised his price target for Nvidia shares to $275 from $250, representing 26 percent upside to Thursday's close. During the same quarter in the previous year, the company posted $1.13 earnings per share. analysts expect that NVIDIA Co. will post 4.2 EPS for the current year. That's unquestionably impressive, but Q4 in particular stands out of the crowd, as it was able to claim $2.91 billion of that, a gain of 34% year-over-year, and 10% over the previous month. About 12.79 million shares traded.

NVIDIA Corporation (NASDAQ:NVDA) last session's volume of 25.77 million shares was higher than its average volume of 14.4 million shares. It has outperformed by 36.27% the S&P500.

Investors sentiment increased to 1.43 in Q3 2017. Shares for $5.11 million were sold by SEAWELL A BROOKE. 124.65 million shares or 0.14% more from 124.48 million shares in 2017Q2 were reported. NVIDIA accounts for 6.9% of Harvest Fund Management Co. Gofen & Glossberg LLC IL now owns 16,077 shares of the computer hardware maker's stock worth $2,324,000 after acquiring an additional 100 shares during the period. Commerzbank Aktiengesellschaft Fi holds 326,336 shares. (NASDAQ:AVHI). Cornerstone Cap Mngmt owns 46,332 shares. (NASDAQ:EEFT). Waddell And Reed Incorporated invested in 0.81% or 3.83 million shares. Texas Yale Capital Corporation holds 0.02% or 2,608 shares in its portfolio. Jefferies Grp Inc Ltd Liability Corp holds 131,190 shares. Moreover, Thomas J Herzfeld Advsrs has 0% invested in Allegion plc (NYSE:ALLE) for 126 shares. (NASDAQ:EEFT). State Of Wisconsin Invest Board owns 10,213 shares for 0% of their portfolio. Carroll Fincl Associate holds 12 shares. Ark Investment Management LLC increased its holdings in shares of NVIDIA by 79.5% in the 2nd quarter. Strategic Fincl Svcs accumulated 0.05% or 1,553 shares.

NVIDIA Earnings Preview: Another Beat And Raise Expected

Analysts await Edison International (NYSE:EIX) to report earnings on February, 20.

Maximum and minimum EPS estimate for the current quarter is projected at $1.12 and $0.88, respectively, according to 22 analysts. The chip maker's GAAP gross margin rose to a new record of 61.9%, while its non-GAAP gross margin was 62.1%, compared to 60% and 60.2%, respectively, in the same quarter a year ago. Four research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and twenty-five have issued a buy rating to the stock. Allegion PLC had 28 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was upgraded by Mizuho on Monday, March 21 to "Buy". Susquehanna maintained the shares of ALLE in report on Friday, January 12 with "Hold" rating. The rating was initiated by SunTrust with "Buy" on Wednesday, October 12. Compass Point maintained the shares of LC in report on Wednesday, August 5 with "Sell" rating. Therefore 57% are positive. On Tuesday, August 4 the stock rating was maintained by Pacific Crest with "Equal Weight".

In terms of performance, the stock has had a mixed year so far with the performance for the year at 92.06%. The rating was downgraded by TH Capital on Monday, February 6 to "Neutral". NVIDIA has a fifty-two week low of $95.17 and a fifty-two week high of $249.27. Purchases Shares of 1,106 NVIDIA Co. The firm has "Buy" rating given on Wednesday, December 23 by Monness Crespi & Hardt.

NVDA stock soared 11.2% after the bell Thursday afternoon. Automotive chip sales were $132 million. The insider Kress Colette sold $31,732. Royal Natl Bank Of Canada has invested 0.07% in NVIDIA Corporation (NASDAQ:NVDA). Drell Persis had sold 606 shares worth $119,427.

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