Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Suncoast Equity Management, managed by Donald R. Jowdy, recently executed a significant transaction involving Nvidia Corporation ((NVDA)). The hedge fund increased its position by 5,686 shares.
Recent Updates on Nvidia Corporation stock
Recent developments in Nvidia Corporation’s stock have been significantly influenced 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, citing strong demand for Nvidia’s Hopper and Blackwell products. The stock has experienced notable fluctuations, with the share price recently moving between $120.07 and $124.65, and significant profits have been reported from options trading. Nvidia’s year-to-date price performance stands at approximately -3.98% to -5.18%, with a current market cap around $3211.6 billion to $3271.1 billion.
More about Nvidia Corporation
YTD Price Performance: -2.18%
Average Trading Volume: 245,191,160
Current Market Cap: $3313.3B
