Mastrapasqua Asset Management INC Lowered Position in Nvidia Corp (NVDA) by $10.57 Million

April 20, 2018 - By Henry Gaston

NVIDIA Corporation (NASDAQ:NVDA) LogoInvestors sentiment decreased to 1.21 in Q4 2017. Its down 0.09, from 1.3 in 2017Q3. It fall, 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. Whittier Trust, a California-based fund reported 3,072 shares. 6,536 were accumulated by Bessemer Group Inc. Hilltop holds 0.07% or 1,671 shares in its portfolio. Parkside Retail Bank & reported 1,033 shares stake. Ithaka Limited Liability Company reported 3.47% in NVIDIA Corporation (NASDAQ:NVDA). Grp Inc One Trading Limited Partnership has 0.11% invested in NVIDIA Corporation (NASDAQ:NVDA). Oppenheimer & Communications has invested 0.28% in NVIDIA Corporation (NASDAQ:NVDA). Blair William Com Il accumulated 141,931 shares. Stralem & holds 4,200 shares or 0.14% of its portfolio. Bryn Mawr Tru holds 5,125 shares or 0.05% of its portfolio. Gilder Gagnon Howe And Ltd Liability owns 239,522 shares. Piedmont Advsrs Llc reported 140,882 shares or 0.55% of all its holdings. Plancorp Limited Liability Co invested 0.15% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). Macguire Cheswick And Tuttle Inv Counsel Lc holds 0.11% or 3,200 shares in its portfolio. Clarivest Asset Limited Company holds 0.89% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA) for 268,951 shares.

Since December 13, 2017, it had 0 buys, and 7 selling transactions for $22.84 million activity. Drell Persis sold $1.13 million worth of stock. $23,496 worth of stock was sold by Byron Michael on Friday, March 2. Shares for $3.94 million were sold by PERRY MARK L on Monday, February 12. Kress Colette had sold 171 shares worth $31,732. Shoquist Debora had sold 32,049 shares worth $7.67 million.

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 $139.86B market cap company. The stock increased 0.59% or $1.35 during the last trading session, reaching $230.39. About 3.58 million shares traded. NVIDIA Corporation (NASDAQ:NVDA) has risen 108.33% since April 20, 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 May, 8. They expect $1.47 EPS, up 79.27 % or $0.65 from last year’s $0.82 per share. NVDA’s profit will be $892.34 million for 39.18 P/E if the $1.47 EPS becomes a reality. After $1.57 actual EPS reported by NVIDIA Corporation for the previous quarter, Wall Street now forecasts -6.37 % negative EPS growth.

NVIDIA Corporation (NASDAQ:NVDA) Ratings Coverage

Among 21 analysts covering Nvidia (NASDAQ:NVDA), 14 have Buy rating, 0 Sell and 7 Hold. Therefore 67% are positive. Nvidia had 39 analyst reports since October 27, 2017 according to SRatingsIntel. The stock of NVIDIA Corporation (NASDAQ:NVDA) has “Buy” rating given on Friday, February 9 by SunTrust. The company was maintained on Friday, November 10 by Susquehanna. The stock of NVIDIA Corporation (NASDAQ:NVDA) has “Buy” rating given on Tuesday, February 6 by RBC Capital Markets. Loop Capital maintained NVIDIA Corporation (NASDAQ:NVDA) on Friday, November 10 with “Buy” rating. On Friday, November 17 the stock rating was maintained by Canaccord Genuity with “Buy”. On Friday, February 9 the stock rating was maintained by Citigroup with “Buy”. The firm earned “Buy” rating on Thursday, February 8 by Mizuho. FBR Capital maintained NVIDIA Corporation (NASDAQ:NVDA) on Monday, March 19 with “Buy” rating. RBC Capital Markets maintained NVIDIA Corporation (NASDAQ:NVDA) rating on Friday, November 17. RBC Capital Markets has “Buy” rating and $250.0 target. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, March 14 report.

NVIDIA Corporation (NASDAQ:NVDA) Institutional Positions Chart

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