Major Wealth Firms Adjust NVIDIA Stakes Amid Market Fluctuations

April 8, 2024
Major Wealth Firms Adjust NVIDIA Stakes Amid Market Fluctuations
  • TIAA Trust National Association raised its NVIDIA holdings by 16.9%, now valued at $58.24 million.

  • HighMark Wealth Management LLC slightly reduced its NVIDIA stake by 2.5%, holding shares worth $475,000.

  • Private Ocean LLC and My Personal CFO LLC significantly increased their stakes in NVIDIA by 33.0% and 52.8%, respectively.

  • State of Michigan Retirement System marginally decreased its NVIDIA position by 0.4%, while Trust Co. of Oklahoma made a new purchase worth approximately $533,000.

  • Lake Hills Wealth Management LLC upped its stake by 4.7% during the fourth quarter.

  • NVIDIA's stock saw a minor drop of 0.2% in mid-day trading on Monday.

  • Insider transactions included share sales by executives Donald F. Robertson, Jr. and Mark A. Stevens.

  • Institutional investors currently own 65.27% of NVIDIA stock.

  • Analysts rate NVIDIA as a 'Moderate Buy' with an average price target of $911.18, amidst predictions of market challenges and rising competition.

Summary based on 36 sources


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Sources

Nvidia's Technical Road To $1,165

Seeking Alpha • Apr 8, 2024

Nvidia's Technical Road To $1,165


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