Guardian Partners Inc. Trims NVIDIA Stake by 11.2%

NVIDIA Corporation (NASDAQ:NVDA) has been making headlines lately, and Guardian Partners Inc. is one of its key investors. According to a recent Form 13F filing with the Securities & Exchange Commission, Guardian Partners Inc. trimmed its position in NVIDIA shares by 11.2% during the first quarter.

The institutional investor sold 2,626 shares during the quarter, reducing its holdings from 20,889 shares worth $3.654 million at the end of the reporting period. This move is part of a broader trend in which several other institutional investors and hedge funds have made changes to their positions in NVIDIA.

One notable example is Longfellow Investment Management Co. LLC, which lifted its holdings in NVIDIA by 47.9% during the second quarter. Meanwhile, analysts remain bullish on NVIDIA's prospects, with a median price target of $308.50 versus recent trading levels.