Gilder Gagnon Howe & Co LLC., managed by Travis Knapp Anderson, recently executed a significant transaction involving Nvidia Corporation ((NVDA)). The hedge fund increased its position by 146,871 shares.
Recent Updates on Nvidia Corporation stock
Recent developments in Nvidia Corporation’s stock have been influenced by concerns over China’s DeepSeek potentially circumventing U.S. export controls to acquire Nvidia’s semiconductors, leading to U.S. investigations into potential 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. Nvidia’s stock has experienced notable fluctuations, with the share price oscillating between $120.07 and $124.65, and significant profits reported from options trading. The year-to-date price performance shows a slight decline, with the current market cap ranging from $3271.1 billion to $3313.3 billion. Hedge funds have been adjusting their positions, with some increasing and others reducing their holdings.
More about Nvidia Corporation
YTD Price Performance: 0.39%
Average Trading Volume: 244,280,272
Current Market Cap: $3313.3B