NVIDIA Investors See Shifts in Holdings Amid Price Volatility
NVIDIA Corporation (NASDAQ: NVDA) has seen changes in its holdings by several major investors, according to recent Securities & Exchange Commission filings.
Edgestream Partners L.P., a significant shareholder of NVIDIA, decreased its position in the company by 12.7% during the first quarter, selling 21,272 shares and reducing its stake to 146,491 shares. This represents about 0.8% of Edgestream's total holdings.
The value of these shares is approximately $25.55 million at current prices.
This is not an isolated incident; other major investors have also been buying and selling NVIDIA shares in the past quarter. Spectrum Financial Alliance Ltd LLC boosted its position by 3.8% during Q1, purchasing an additional 51 shares to bring its total to 1,395 shares valued at $243,000.
NVIDIA has seen significant price fluctuations this year, with a current market cap of $5.42 trillion and a P/E ratio of 34.30. The company's stock opened at $223.96 on Monday.