Nvidia Stake Trimmed as Suncoast Equity Sells 38,434 Shares
Suncoast Equity Management, managed by Donald R. Jowdy, has reduced its stake in Nvidia Corporation (NVDA) by selling a significant number of shares.
The hedge fund sold 38,434 NVDA shares, trimming its position in the company.
NVDA's recent financial performance and strong guidance have been positive for the stock, with TipRanks' AI Analyst, Spark, rating it as an Outperform.