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Institutional investors boost NVIDIA stakes, despite earnings miss and insider sales.
Prostatis Group and several other institutional investors have increased their stakes in NVIDIA, purchasing additional shares despite the company's recent quarterly earnings missing analyst expectations.
NVIDIA reported $0.81 EPS and $44.06 billion in revenue, up 69.2% year-over-year, but below forecasts.
Insiders have been selling shares, with total insider sales amounting to $172.97 million over the past 90 days.
The stock has a market cap of $3.46 trillion and a consensus rating of "Moderate Buy" with a target price of $171.66.
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Los inversores institucionales aumentan las participaciones de NVIDIA, a pesar de las ganancias perdidas y las ventas internas.