Avanza Fonder AB Sells 821,105 Shares of NVIDIA Corporation $NVDA

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Avanza Fonder AB significantly reduced its stake in NVIDIA Corporation by selling 821,105 shares, now holding 1,537,097 shares valued at approximately $286.7 million. This move comes amid recent insider selling by NVIDIA executives and a mix of positive and negative market sentiments surrounding the company, including analyst endorsements and geopolitical risks. Despite the sell-off, analysts largely maintain a “Buy” rating for NVIDIA, reinforced by strong revenue growth and an EPS beat.

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