Linden Rose Investment LLC Sells 38.8% Stake in NVIDIA Corporation
NVIDIA Corporation (NASDAQ:NVDA) stock has seen significant changes in its ownership structure. Linden Rose Investment LLC, one of the company's largest shareholders, reduced its stake in NVIDIA by selling 92,351 shares during the second quarter.
According to a recent SEC filing, Linden Rose Investment LLC owned approximately 22.6% of NVIDIA's holdings, making it the firm's 2nd largest holding. The total value of their NVIDIA holdings was $29,086,000 at the end of the most recent quarter.
This sale is part of a larger trend in which institutional investors have been buying and selling shares of NVDA. Other notable investors include Bank of America Corp DE, Invesco Ltd., J. Stern & Co. LLP, Amundi, and Dimensional Fund Advisors LP, who collectively own 65.27% of the stock.
Meanwhile, company insiders have sold a total of $399,450,353 worth of shares in the last quarter, with EVP Timothy S. Teter selling approximately $6.8 million of NVDA shares under a pre-arranged Rule 10b5-1 plan.