NVIDIA Stake Boosted by Alpine Woods Capital Investors LLC
Alpine Woods Capital Investors LLC significantly increased its stake in NVIDIA Corporation (NASDAQ: NVDA) by 252.4% in the first quarter, according to its most recent SEC filing. The institutional investor now owns 182,262 shares of the computer hardware maker's stock after purchasing an additional 130,547 shares during the quarter.
NVIDIA makes up 7.6% of Alpine Woods Capital Investors LLC's portfolio, making it the company's largest position. The value of its holdings in NVIDIA was $31,786,000 as of its most recent SEC filing. Other large investors also increased their stakes in NVIDIA during the quarter.
Bank of America Corp DE raised its holdings by 2.1% in the first quarter and now owns 191,200,989 shares valued at $33,345,453,000. Bank of America maintained a Buy rating and price target of $350 on shares of NVIDIA, projecting second-quarter revenue of $94 billion to $95 billion.