Edgewood Management LLC Increased Its Nvidia Corp (NVDA) Stake by $186.98 Million

NVIDIA Corporation (NASDAQ:NVDA) Corporate LogoBig Money Sentiment decreased to 1.36 in 2018 Q3. It has change of 0.24, from 2018Q2’s 1.6. The ratio worsened due to NVDA positioning: 64 sold and 312 reduced. 130 funds bought stakes and 380 increased stakes. Investors holded 361.20 million in 2018Q2 but now own 371.72 million shares or 2.91% more. Vanguard Inc holds 44.46M shs or 0.49% of its capital. Fred Alger Mgmt holds 343,869 shs or 0.36% of its capital. Renaissance Technology Ltd Liability holds 0.6% or 2.09 million shs. Ims Cap Mngmt, Oregon-based fund reported 274 shs. The Ohio-based Lenox Wealth Management has invested 0.06% in NVIDIA Corporation (NASDAQ:NVDA). Jefferies Limited Liability reported 24,717 shs. Tcw Group owns 682,122 shs for 1.57% of their capital. Shikiar Asset Mgmt reported 29,730 shs. California Public Employees Retirement Sys holds 1.16 million shs. Jaffetilchin Prtnrs Ltd Liability Com reported 2,197 shs. Advisor Prtnrs Ltd Liability Corp owns 16,269 shs. Assetmark holds 0.27% or 107,399 shs in its capital. Calamos Wealth Mgmt Limited stated it has 3,517 shs. 876 are held by Evergreen Mngmt Lc. Edgestream Partners Ltd Partnership, a New Jersey-based fund reported 3,659 shs.

NVDA registered $33.34 million net activity with 0 insider buys and 6 selling transactions since September 4, 2018. $131,496 worth of NVIDIA Corporation (NASDAQ:NVDA) was sold by Kress Colette. 43 NVIDIA Corporation (NASDAQ:NVDA) shs with value of $12,046 were sold by Byron Michael. Shoquist Debora sold $858,685 worth of NVIDIA Corporation (NASDAQ:NVDA) on Wednesday, January 2.

Edgewood Management Llc’s stake in Nvidia Corp (NVDA) is rose by 13.25% based on its latest 2018Q3 regulatory filing with the SEC. 665,424 shares were bought by Edgewood Management Llc as the company’s stock declined 44.72% with the market. The semiconductors company at the end of 2018Q3 was priced at $1.60B. It’s up from 5.02M at the end of the previous reported quarter. Now it had 5.69 million shares held by the institutional investor . Edgewood Management Llc has cut its stake in Illumina Inc (NASDAQ:ILMN) and also reduced its holding in Facebook Inc (NASDAQ:FB) by 4.13 million shares in the quarter, for a total of 4.52 million shares.

For more NVIDIA Corporation (NASDAQ:NVDA) news announced briefly go to: Seekingalpha.com, Seekingalpha.com, Marketwatch.com, Fool.com or Nasdaq.com. The titles are as follows: “Nvidia Q4 2018 Earnings Preview – Seeking Alpha” announced on February 13, 2019, “Nvidia: How The Buyback Will Affect Stock Price – Seeking Alpha” on January 22, 2019, “Nvidia earnings: One more shoe to drop for beleaguered chip maker – MarketWatch” with a publish date: February 11, 2019, “Is NVIDIA a Value Play or a Falling Knife? – Motley Fool” and the last “NVIDIA Is the Latest Company to Plummet on Slowing Growth in China – Nasdaq” with publication date: January 28, 2019.

NVIDIA Corporation (NASDAQ:NVDA) Ratings Coverage

Total analysts of 24 have positions in NVIDIA (NASDAQ:NVDA) as follows: 15 rated it a “Buy”, 2 with “Sell” and 7 with “Hold”. The positive are 63%. Since August 15, 2018 according to StockzIntelligence Inc NVIDIA has 27 analyst reports. On Tuesday, January 29 the firm has “Underperform” rating by Needham given. On Wednesday, December 12 RBC Capital Markets maintained the shares of NVDA in report with “Outperform” rating. On Friday, November 16 the stock of NVIDIA Corporation (NASDAQ:NVDA) earned “Outperform” rating by Wells Fargo. On Tuesday, November 13 the rating was upgraded by Susquehanna to “Positive”. On Friday, November 16 Mizuho maintained the shares of NVDA in report with “Buy” rating. On Friday, August 17 Stifel Nicolaus maintained NVIDIA Corporation (NASDAQ:NVDA) with “Hold” rating. On Tuesday, October 30 the rating was upgraded by JP Morgan to “Overweight”. On Monday, November 12 Citigroup maintained NVIDIA Corporation (NASDAQ:NVDA) with “Buy” rating. On Friday, November 16 the firm has “Buy” rating by Goldman Sachs given. On Tuesday, January 29 UBS upgraded the shares of NVDA in report to “Buy” rating.

NVIDIA Corporation (NASDAQ:NVDA) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.