NVIDIA Stock Holdings See Significant Changes Amid Analyst Favor
NVIDIA Corporation (NASDAQ:NVDA) has been subject to various changes in its stock holdings by institutional investors. Montag A & Associates Inc., a significant investor, reduced its stake in NVIDIA's shares by 2.1% in the second quarter. This was revealed through the company's most recent 13F filing with the SEC.
The institutional investor owned 171,219 shares of NVIDIA's stock after selling 3,671 shares during the quarter. These holdings account for approximately $34,259,000 as of its most recent SEC filing, making up about 1.4% of Montag A & Associates Inc.'s investment portfolio.
Other institutional investors have also made changes to their positions in NVIDIA's stock. Lifetime Wealth Management P.C., Longview Financial Advisors Inc., Phillip James Consulting Co., and Frankly Finances LLC acquired new stakes or positions in NVIDIA during various quarters, while Horrell Capital Management Inc. increased its stake by 38.1% in the fourth quarter.
Hedge funds own approximately 65.27% of NVIDIA's company stock. Despite these changes, analysts continue to favor NVIDIA over competing AI-chip stocks due to its faster growth, stronger margins, and broader hardware, networking, and software ecosystem.