Assetmark Inc. Grows Stake in NVIDIA Corporation $NVDA
Assetmark Inc. increased its stake in NVIDIA Corporation by 0.7% in the fourth quarter, owning 5,782,913 shares valued at over $1 billion.Summary
Assetmark Inc. increased its stake in NVIDIA Corporation by 0.7% during the fourth quarter, acquiring an additional 38,031 shares to own a total of 5,782,913 shares. These holdings are valued at $1,078,513,000 and represent 2.2% of Assetmark Inc.'s portfolio, making NVIDIA its fourth-largest holding. Other institutional investors, including Norges Bank and Capital Research Global Investors, also adjusted their stakes in NVIDIA during this period. Insider activity included sales by directors John Dabiri and Aarti S. Shah, while analysts maintained a generally positive outlook with a consensus 'Buy' rating and a target price of $275.25. The article also highlights recent news regarding NVIDIA's AI data center spending, product launches, and competitive challenges.
(Source：Daily Political)