B.O.S.S. Retirement Advisors LLC has disclosed in a recent filing with the Securities and Exchange Commission that it has reduced its holdings in NVIDIA Co. during the second quarter. The company sold 1,898 shares, amounting to an 11.2% reduction in its stake in the computer hardware maker. B.O.S.S. Retirement Advisors LLC now holds 14,988 shares of NVIDIA’s stock, which represents approximately 1.3% of their entire portfolio and ranks as their ninth largest holding. The current value of these holdings is estimated at $6,341,000 based on their most recent SEC filing.
NVIDIA recently reported its quarterly earnings results, surpassing analysts’ expectations. The company achieved an impressive earnings per share (EPS) of $2.70, exceeding the consensus estimate by $0.62 per share. Revenues for the quarter reached $13.51 billion, compared to a consensus estimate of $11.19 billion. NVIDIA’s financial performance also demonstrated a remarkable year-over-year revenue growth rate of 101.5%, a return on equity of 45.50%, and a net margin of 31.59%. These results indicate significant growth compared to the same period last year.
Industry analysts are now predicting that NVIDIA Co.’s earnings per share for the entire fiscal year will be approximately $9.46. The news of B.O.S.S. Retirement Advisors LLC reducing their holdings in NVIDIA Co., coupled with the impressive quarterly earnings report, is likely to attract interest from investors and market participants.
It is important for investors to conduct their own research and analysis before making any investment decisions. For the latest stock analysis on NVIDIA Co., interested parties can refer to reliable financial resources and consult with reputable investment advisors.
Sources:
– Securities and Exchange Commission filing
– NVIDIA Co. quarterly earnings report
– Industry analyst predictions
