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Fisher Asset Management LLC, managed by Ken Fisher, recently executed a significant transaction involving Nvidia Corporation ((NVDA)). The hedge fund reduced its position by 1,618,672 shares.
Recent Updates on Nvidia Corporation stock
Recent developments in Nvidia Corporation’s stock have been significantly impacted by concerns over China’s DeepSeek potentially circumventing U.S. export controls to acquire Nvidia’s semiconductors, prompting U.S. investigations into possible purchases through third parties in Singapore. Despite these challenges, Morgan Stanley maintains an Overweight rating on Nvidia, viewing the recent selloff as a buying opportunity with a price target of $152. The stock has experienced notable fluctuations, with share prices moving between $120.07 and $124.65, and significant profits were reported from options trading. Various hedge funds have adjusted their positions, with some increasing and others reducing their holdings. The year-to-date price performance shows a slight decline, and the current market cap fluctuates between approximately $3271.1 billion and $3313.3 billion.
More about Nvidia Corporation
YTD Price Performance: 0.39%
Average Trading Volume: 244,280,272
Current Market Cap: $3400.4B