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Carlton Hofferkamp & Jenks Wealth Management Cut Its Position in Nike Class B (NKE) as Valuation Declined; Baldwin Investment Management Lifted Its Position in Nvidia (NVDA) by $428,400

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Baldwin Investment Management Llc increased its stake in Nvidia Corp (NVDA) by 68% based on its latest 2018Q3 regulatory filing with the SEC. Baldwin Investment Management Llc bought 1,530 shares as the company’s stock declined 44.72% with the market. The institutional investor held 3,780 shares of the semiconductors company at the end of 2018Q3, valued at $1.06M, up from 2,250 at the end of the previous reported quarter. Baldwin Investment Management Llc who had been investing in Nvidia Corp for a number of months, seems to be bullish on the $97.45 billion market cap company. The stock increased 1.99% or $3.12 during the last trading session, reaching $159.76. About 11.21 million shares traded. NVIDIA Corporation (NASDAQ:NVDA) has declined 20.90% since February 20, 2018 and is downtrending. It has underperformed by 20.90% the S&P500. Some Historical NVDA News: 26/03/2018 – H2O.ai Unleashes H2O4GPU and Driverless AI for the Latest NVIDIA CUDA 9 and Tesla V100 Platforms; 02/04/2018 – Analyst slashes profit forecast for Nvidia due to plunging cryptocurrency prices; 16/04/2018 – TECH-HEAVY NASDAQ TRIMS SOME GAINS, NOW UP 0.16 PCT, WITH TESLA, NVIDIA AMONG TOP DRAGS; 21/03/2018 – V3: IBM teams with Nvidia to use GPUs to boost AI research; 10/05/2018 – Chipmaker Nvidia sees fewer crypto miners, more gamers in future; 19/04/2018 – The key chip partner for Apple and Nvidia blames “softening” high-end smartphone demand and being more conservative on the cryptocurrency mining market for its weak guidance; 29/03/2018 – Uber avoids legal battle with family of autonomous vehicle victim; 27/03/2018 – NVIDIA CEO SAYS INVESTMENT IN SELF-DRIVING TECHNOLOGY WILL RISE, NOT FALL, IN AFTERMATH OF UBER FATALITY; 19/04/2018 – The key chip partner for Apple and Nvidia blamed “softening” high-end smartphone demand and being more conservative on the cryptocurrency mining market for its weak guidance; 12/03/2018 – ‘Ready Player One’: An Nvidia, AMD Catalyst? — Barron’s Blog
Carlton Hofferkamp & Jenks Wealth Management Llc decreased its stake in Nike Inc Class B (NKE) by 59.33% based on its latest 2018Q3 regulatory filing with the SEC. Carlton Hofferkamp & Jenks Wealth Management Llc sold 17,653 shares as the company’s stock declined 11.68% with the market. The institutional investor held 12,099 shares of the consumer non-durables company at the end of 2018Q3, valued at $1.03M, down from 29,752 at the end of the previous reported quarter. Carlton Hofferkamp & Jenks Wealth Management Llc who had been investing in Nike Inc Class B for a number of months, seems to be less bullish one the $133.69B market cap company. The stock increased 0.44% or $0.38 during the last trading session, reaching $84.94. About 2.47 million shares traded. NIKE, Inc. (NYSE:NKE) has risen 19.65% since February 20, 2018 and is uptrending. It has outperformed by 19.65% the S&P500. Some Historical NKE News: 15/03/2018 – Nike, Inc. Announces That Mark Parker Will Continue as Chairman, President and CEO beyond 2020; 10/05/2018 – NIKE, Inc. Declares $0.20 Qtrly Div; 04/04/2018 – Nike “has failed to gain traction” in hiring and promoting more women and minorities, according to a memo Nike’s HR Chief sent to employees on Wednesday; 22/03/2018 – Nike Product Revamp Helps Bring Rebound to North American Market; 21/03/2018 – Nike Says It `Acted Swiftly’ After It Heard of Behavioral Issues; 23/03/2018 – Nike Still ‘Most Valuable’ Apparel Brand Despite Recent Setbacks; 16/04/2018 – Nike’s VP of diversity leaves amid efforts to reform workplace culture; 22/03/2018 – Ackman’s Pershing Square Cashes Out of Nike Stake After Roughly 32% Gain –; 04/05/2018 – Nike CEO apologizes to employees for workplace culture after months of turmoil; 02/04/2018 – Nike said its international geographies and its direct-to-consumer businesses fueled sales growth in the latest quarter and for the full year
Since September 4, 2018, it had 0 insider buys, and 6 sales for $33.34 million activity. Another trade for 43 shares valued at $12,046 was sold by Byron Michael. Puri Ajay K sold $26.28M worth of NVIDIA Corporation (NASDAQ:NVDA) on Tuesday, October 2. On Friday, December 14 Kress Colette sold $131,496 worth of NVIDIA Corporation (NASDAQ:NVDA) or 889 shares.

More notable recent NVIDIA Corporation (NASDAQ:NVDA) news were published by: Nasdaq.com which released: “Earnings Reaction History: NVIDIA Corp., 72.7% Follow-Through Indicator, 10.3% Sensitive – Nasdaq” on February 14, 2019, also Seekingalpha.com with their article: “Nvidia Q4 2018 Earnings Preview – Seeking Alpha” published on February 13, 2019, Nasdaq.com published: “Zacks Market Edge Highlights: Amazon, Alphabet, Microsoft, NVIDIA and Cloudera – Nasdaq” on February 14, 2019. More interesting news about NVIDIA Corporation (NASDAQ:NVDA) were released by: Nasdaq.com and their article: “US-China Talks Set in Washington: ETFs in Focus – Nasdaq” published on February 19, 2019 as well as Nasdaq.com‘s news article titled: “After-Hours Earnings Report for February 14, 2019 : NVDA, AMAT, ANET, CBS, SSNC, INVH, AEM, CGNX, XPO, WES, WGP, CC – Nasdaq” with publication date: February 14, 2019.
Baldwin Investment Management Llc, which manages about $307.24M and $349.17 million US Long portfolio, decreased its stake in Amazon.Com Inc (NASDAQ:AMZN) by 170 shares to 1,860 shares, valued at $3.73 million in 2018Q3, according to the filing.
Investors sentiment decreased to 1.36 in 2018 Q3. Its down 0.24, from 1.6 in 2018Q2. It dropped, as 64 investors sold NVDA shares while 312 reduced holdings. 130 funds opened positions while 380 raised stakes. 371.72 million shares or 2.91% more from 361.20 million shares in 2018Q2 were reported. 1,950 were accumulated by Wellington Shields & Co Ltd Liability Company. Hartline Invest has invested 3.93% in NVIDIA Corporation (NASDAQ:NVDA). Alpine Woods Lc holds 0.5% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA) for 8,622 shares. Partner Fund Management Lp stated it has 113,753 shares or 0.47% of all its holdings. Arete Wealth Llc, Illinois-based fund reported 3,133 shares. Ameritas Investment Prns Inc reported 29,960 shares. Meritage Mgmt stated it has 1,253 shares or 0.03% of all its holdings. 8,041 are held by Hedeker Wealth Limited Company. Donaldson Cap Ltd Limited Liability Company holds 0.02% or 838 shares in its portfolio. Accuvest Advsrs reported 4,480 shares stake. Jefferies Grp Limited Liability Company holds 0.05% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA) for 24,717 shares. Miles Capital has 0.41% invested in NVIDIA Corporation (NASDAQ:NVDA) for 1,795 shares. Plante Moran Financial Limited Liability Corporation invested in 1,290 shares or 0.12% of the stock. Nelson Van Denburg & Campbell Wealth Mngmt Gru Ltd Liability Corp owns 100 shares. Bp Public Ltd Company accumulated 71,700 shares.
Carlton Hofferkamp & Jenks Wealth Management Llc, which manages about $218.19M and $162.95 million US Long portfolio, upped its stake in Coca Cola Company (NYSE:KO) by 18,501 shares to 34,127 shares, valued at $1.58M in 2018Q3, according to the filing.
More notable recent NIKE, Inc. (NYSE:NKE) news were published by: Benzinga.com which released: “As Nike (NYSE:NKE) Rebounds, So Does Foot Locker (NASDAQ:FL), Says Bullish Jefferies – Benzinga” on January 25, 2019, also Seekingalpha.com with their article: “Nike signs 10-year deal with MLB – Seeking Alpha” published on January 28, 2019, 247Wallst.com published: “Boeing, Cisco and Other Stocks With Recent Golden Crosses – 24/7 Wall St.” on February 20, 2019. More interesting news about NIKE, Inc. (NYSE:NKE) were released by: Seekingalpha.com and their article: “Cowen expects Nike to run higher – Seeking Alpha” published on January 22, 2019 as well as Bizjournals.com‘s news article titled: “Nike turns to familiar company to go green in Europe – Portland Business Journal” with publication date: February 06, 2019.
Analysts await NIKE, Inc. (NYSE:NKE) to report earnings on March, 28. They expect $0.63 EPS, down 7.35% or $0.05 from last year’s $0.68 per share. NKE’s profit will be $991.55 million for 33.71 P/E if the $0.63 EPS becomes a reality. After $0.52 actual EPS reported by NIKE, Inc. for the previous quarter, Wall Street now forecasts 21.15% EPS growth.

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