NVIDIA Draws In Institutional Investors as Analysts Maintain Bullish Stance

NVIDIA Corporation (NVDA) has seen significant investment from institutional investors in recent quarters. World Equity Group Inc. increased its holdings by 6.4% during the second quarter, owning 63,153 shares of NVDA's stock after acquiring an additional 3,799 shares.

This makes up about 2.8% of World Equity Group Inc.'s portfolio and is their 4th largest holding, worth $12,637,000 at the end of the most recent quarter.

Other institutional investors have also increased their positions in NVDA, including Diversified Enterprises LLC, which boosted its holdings by 44.2% during the fourth quarter, Altshuler Shaham Ltd, which increased its holdings by 6,451.9% in the first quarter, and ASR Vermogensbeheer N.V., which boosted its holdings by 1.8% in the fourth quarter.

NVIDIA's stock has been a favorite among analysts, with Wells Fargo & Company reiterating an 'overweight' rating and Jefferies Financial Group setting a price target of $300.00.