NVIDIA Sees Shifts in Ownership as Institutional Investors Adjust Stakes

NVIDIA Corporation (NVDA) has attracted significant attention from institutional investors and hedge funds. Matthew Goff Investment Advisor LLC, for example, reduced its stake in NVDA by 29.8% in the second quarter to 8,439 shares, valued at $1.69 million.

Other notable investors include Elevation Wealth Partners LLC, which increased its holding in NVDA by 7.8%, and Czech National Bank, which boosted its position by 4.2%. Additionally, Assenagon Asset Management S.A. grew its stake in NVDA by 28.6%.

NVDA's stock has performed well, with a 12-month high of $236.54 and a current market capitalization of over $5 trillion. Analysts expect the company to post earnings per share of $8.79 for the current year.