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Sands Capital Boosts Nvidia Stake with 1,015,815 Shares
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Sands Capital Boosts Nvidia Stake with 1,015,815 Shares

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Sands Capital Management LLC, managed by Frank Sands, recently executed a significant transaction involving Nvidia Corporation ((NVDA)). The hedge fund increased its position by 1,015,815 shares.

Recent Updates on Nvidia Corporation stock

Recent developments concerning Nvidia Corporation (NVDA) have been shaped by concerns over China’s DeepSeek potentially bypassing U.S. export controls to acquire Nvidia’s semiconductors, prompting investigations by U.S. officials. Despite these challenges, Morgan Stanley maintains an Overweight rating on Nvidia, considering 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 share price moved between $120.07 and $124.65. The year-to-date price performance is recorded at -3.98%, with a current market cap of $3271.1 billion.

More about Nvidia Corporation

YTD Price Performance: -2.18%

Average Trading Volume: 245,191,160

Current Market Cap: $3313.3B

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