NVIDIA Continues to Attract Institutional Investors Amid Revenue Growth

NVIDIA Corporation (NASDAQ: NVDA) continues to attract significant interest from institutional investors. According to its most recent filing, SOA Wealth Advisors LLC decreased its holdings in NVIDIA by 4.5% in the second quarter, selling 7,239 shares during this period.

As of the end of the quarter, SOA Wealth Advisors LLC owned 153,231 shares of NVIDIA's stock, valued at $30,660,000. This represents approximately 4.5% of the firm's portfolio, making it its fifth-largest holding.

NVIDIA's exceptional AI infrastructure demand continues to drive its revenue growth, with recent analysis highlighting a quarterly revenue of $96.2 billion and a year-over-year increase of 106%. The company's management also expects around 70% revenue growth in fiscal 2028.

Other institutional investors, such as Defender Capital LLC and LMG Wealth Partners LLC, have also increased their stakes in NVIDIA during the second quarter. PFS Partners LLC raised its holdings by 1.2%, while Vision Financial Markets LLC lifted its position by 1.2% in the third quarter.