Meadow Creek Wealth Advisors increases NVIDIA stake as the company reports strong earnings and announces a $50 billion buyback.
Meadow Creek Wealth Advisors LLC increased its stake in NVIDIA Corp by 1.8%, now owning 43,752 shares. NVIDIA reported earnings per share of $0.81 for the third quarter, beating expectations by $0.12. The company also announced a $0.01 quarterly dividend and a $50 billion stock buyback program. Several analysts raised their price targets, with a consensus target of $164.15. Institutional investors now own 65.27% of NVIDIA's stock.
4 months ago
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