Morningstar Investment Management LLC, managed by Kunal Kapoor, recently executed a significant transaction involving Nvidia Corporation ((NVDA)). The hedge fund reduced its position by 19,928 shares.
Recent Updates on Nvidia Corporation stock
Recent developments surrounding Nvidia Corporation (NVDA) have been significantly influenced by concerns over China’s DeepSeek potentially circumventing U.S. export controls to acquire Nvidia’s semiconductors through third parties in Singapore. This has prompted U.S. investigations. 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 significant profits reported from options trading as the stock price fluctuated between $120.07 and $124.65. Year-to-date price performance stands at approximately -4%, with a current market cap of around $3271.1 billion.
More about Nvidia Corporation
YTD Price Performance: -2.18%
Average Trading Volume: 245,191,160
Current Market Cap: $3313.3B