UNIVEST FINANCIAL Corp reduced its stake in NVIDIA (NVDA) by 13.5% in Q3, selling 43,436 shares and holding 278,008 shares worth about $51.87 million. Despite institutional selling and insider disposals by executives like Ajay Puri and Colette Kress, analysts generally maintain a bullish “Buy” rating for NVIDIA with an average price target of $264.20. The article also notes potential short-term volatility due to upcoming earnings, China export uncertainties, and mixed institutional investor activity.
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UNIVEST FINANCIAL Corp Cuts Stock Position in NVIDIA Corporation $NVDA
UNIVEST FINANCIAL Corp reduced its stake in NVIDIA (NVDA) by 13.5% in Q3, selling 43,436 shares and holding 278,008 shares worth about $51.87 million. Despite institutional selling and insider disposals by executives like Ajay Puri and Colette Kress, analysts generally maintain a bullish “Buy” rating for NVIDIA with an average price target of $264.20. The article also notes potential short-term volatility due to upcoming earnings, China export uncertainties, and mixed institutional investor activity.