Altrafin AG Sells Most of its NVIDIA Stock Amid Company's Record Revenue

NVIDIA Corporation (NASDAQ:NVDA) saw a significant reduction in its stock position by Altrafin AG, a financial institution. According to their most recent filing with the Securities and Exchange Commission, Altrafin AG reduced their stake in NVIDIA by 99.6% during the second quarter.

The firm owned 200 shares of NVIDIA's stock after selling 46,739 shares during the quarter. These holdings were valued at $40,000 as of their most recent filing with the SEC.

NVIDIA has been performing well, with a recent revenue of approximately $96.2 billion in fiscal Q2, up 106% year over year and ahead of Wall Street expectations. The company's data-center revenue rose 117% to $89 billion, while adjusted EPS of $2.22 also exceeded consensus.

The results have reinforced that hyperscaler AI spending remains robust. Additionally, management guided to roughly $108 billion in fiscal Q3 revenue and indicated that fiscal 2028 sales could grow about 70%, well above the roughly 45% growth analysts had modeled.