Today's Hard|Forum Post
Today's Hard|Forum Post

Friday February 05, 2016

NVIDIA Looking HOT to nVestors

While many have questioned NVIDIA business moves over the last few years outside of it main consumer GPU realm, it seems as though some folks are making some big bets on NVIDIA in the coming months. Dorsey Wright & Associates purchased over $3.5M worth of NVIDIA stock in Q4. However they are not alone, as ClariVest Asset Management LLC purhased over $20.5M worth of stock.

A number of other institutional investors have also recently bought and sold shares of the company. ClariVest Asset Management LLC purchased a new position in NVIDIA during the fourth quarter worth approximately $20,651,000. Acadian Asset Management increased its position in shares of NVIDIA by 3,321.5% in the fourth quarter. Acadian Asset Management now owns 330,960 shares of the computer hardware maker’s stock worth $10,908,000 after buying an additional 321,287 shares during the last quarter.