B&D White Capital Cuts NVIDIA Holdings Amid Q1 Sell-Off
B&D White Capital Company LLC recently reduced its holdings in NVIDIA Corporation (NASDAQ:NVDA) by selling 3,004 shares during the first quarter. The fund now owns 1,869 shares of NVIDIA's stock, valued at $326,000, as per their most recent SEC filing.
The company has seen various changes to its institutional investors' positions throughout the year. Lifetime Wealth Management P.C., Longview Financial Advisors Inc., and Phillip James Consulting Co. have all purchased new stakes in NVIDIA during the past few quarters, with a combined value of approximately $110,000.
NVIDIA's financial performance has been impressive, with its quarterly earnings exceeding analyst estimates. The company reported $81.6 billion in revenue for the quarter, representing an 85.2% year-over-year growth. Its data-center revenue specifically saw a significant increase to $75.2 billion.