NVIDIA Stock Sees Shifts in Investor Sentiment and Holdings
NVIDIA Corporation's stock price has been impacted by various factors, including Amazon's capital-expenditure forecast and demand for the company's processors. In a recent disclosure with the Securities & Exchange Commission, Barometer Capital Management Inc. revealed that it had grown its position in NVIDIA by 35.5% during the first quarter.
The institutional investor acquired an additional 9,300 shares of NVIDIA's stock, bringing its total holdings to 35,500 shares worth $6,191,000. This represents 2.5% of Barometer Capital Management Inc.'s portfolio and makes NVIDIA its 13th largest holding.
Other investors have also made changes to their positions in NVIDIA, with Lifetime Wealth Management P.C., Longview Financial Advisors Inc., and Inspire Investing LLC purchasing new stakes in the company's stock during various quarters. Longfellow Investment Management Co. LLC boosted its stake by 47.9% in the second quarter.