NVIDIA Sees Major Institutional Investment Push in Recent Quarters
NVIDIA Corporation (NASDAQ:NVDA) has been actively purchased by several institutional investors in recent quarters. Privium Fund Management UK Ltd, a new stakeholder, bought 48,200 shares of NVIDIA's stock valued at approximately $9,398,000 in the second quarter.
This purchase represents about 3.9% of Privium Fund Management UK Ltd's investment portfolio, making NVIDIA its 7th biggest holding. Other institutional investors, such as Lifetime Wealth Management P.C., Longview Financial Advisors Inc., Langley Wealth Management LLC, and Frankly Finances LLC, have also acquired new positions in NVIDIA during the same quarter.
NVIDIA has a market capitalization of $5.48 trillion, with shares opening at $227.21 on Wednesday. The company's P/E ratio is 28.72, its P/E/G ratio is 1.77, and its beta is 2.22. NVIDIA reported earnings per share (EPS) of $2.22 for the quarter, beating analysts' consensus estimates by $0.13.