NVIDIA Stock Holdings Skyrocket as Large Investors Boost Stakes
NVIDIA Corporation (NASDAQ:NVDA) has seen significant increases in its stock holdings by various large investors, including AMS Capital Ltda and Boyd Wealth Management LLC. In the second quarter, AMS Capital Ltda boosted its stake in NVIDIA by 370.5%, acquiring an additional 136,371 shares to hold a total of 173,181 shares worth $34,652,000.
This acquisition represents 11.9% of AMS Capital Ltda's investment portfolio, making it the company's third-largest holding. In contrast, Boyd Wealth Management LLC increased its position in NVIDIA by 273.4%, acquiring an additional 6,696 shares to hold a total of 9,145 shares worth $1,830,000.
NVIDIA's stock price has been affected by various factors, including the company's recent earnings report and share repurchase program. The firm reported $2.22 earnings per share for the quarter, beating analyst estimates, and announced that its Board of Directors had authorized a new share repurchase program worth $150 billion.