NVIDIA Corporation $NVDA Shares Sold by Alexander Labrunerie & CO. Inc.

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Alexander Labrunerie & CO. Inc. reduced its stake in NVIDIA Corporation (NASDAQ:NVDA) by 11.1% in the third quarter, selling 6,664 shares to now own 53,426 shares valued at $9.97 million. Despite this sale, several other institutional investors increased their holdings, and major analysts have maintained “Buy” or “Outperform” ratings with an average price target of $275.40. Insider selling by a director and an EVP also occurred, though significant positive news regarding customer commitments, chip sales to Amazon, and Chinese H200 chip approvals indicate strong demand for NVIDIA’s products.

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