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Institutional investors had mixed activity in NVIDIA shares amid strong Q2 results and insider selling.
Institutional investors made mixed moves in NVIDIA shares during Q2, with Horst & Graben increasing its stake to 37,792 shares, while Evernest Financial Advisors and Clearview Wealth Advisors reduced holdings.
The company reported strong Q2 results on August 27, with $1.05 EPS and $46.74 billion in revenue, up 55.6% year-over-year, and maintained a 52.41% net margin and 101.74% return on equity.
Analysts continue to rate NVDA as a “Buy” with a $233.75 average target.
The stock traded around $188.15, with a $4.57 trillion market cap, 53.60 P/E ratio, and 2.11 beta.
Insiders sold $623.9 million in shares over 90 days, including directors Mark Stevens and Harvey Jones.
NVIDIA declared a $0.01 quarterly dividend, yielding 0.0%.
Los inversores institucionales tuvieron una actividad mixta en las acciones de NVIDIA en medio de fuertes resultados del segundo trimestre y ventas internas.