NVIDIA Sees Increased Institutional Ownership Amid Strong Earnings

NVIDIA Corporation (NASDAQ:NVDA) has seen its stock ownership increase by institutional investors. Farmers & Merchants Investments Inc., for instance, grew its position in NVIDIA by 7.5% during the second quarter, according to its latest 13F filing with the Securities and Exchange Commission. The firm owned a total of 199,159 shares of the computer hardware maker's stock after purchasing an additional 13,817 shares.

This represents about 1.0% of Farmers & Merchants Investments Inc.'s holdings, making NVIDIA its 25th largest holding. At the end of the most recent quarter, the value of NVIDIA's shares held by the firm was approximately $39,850,000.

Other institutional investors have also made significant changes to their positions in NVIDIA. For example, Defender Capital LLC increased its holdings in NVIDIA by 0.7% during the second quarter and now owns 7,534 shares valued at $1,507,000 after buying an additional 50 shares.