Union Heritage Capital LLC Boosts NVIDIA Stake by 27.7%
Union Heritage Capital LLC, an institutional investor, significantly increased its stake in NVIDIA Corporation (NVDA) during the first quarter. The company acquired an additional 19,600 shares of NVDA, boosting its total holdings to 90,340 shares.
The investment firm's holdings in NVDA represent about 5.9% of its overall portfolio, making it the largest holding for Union Heritage Capital LLC. The value of its NVDA holdings at the end of the quarter was approximately $15.8 million.
NVIDIA has been performing well, with a strong revenue growth of 85.2% year-over-year in the latest quarter. The company's earnings per share also exceeded expectations, coming in at $1.87 compared to the consensus estimate of $1.76.