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Robert Bender&Associates Increases Stake in Nvidia Corporation
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Robert Bender&Associates Increases Stake in Nvidia Corporation

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Robert Bender&Associates, managed by Robert L. Bender, recently executed a significant transaction involving Nvidia Corporation ((NVDA)). The hedge fund increased its position by 94,055 shares.

Recent Updates on Nvidia Corporation stock

Recent developments surrounding Nvidia Corporation (NVDA) have been influenced by concerns over China’s DeepSeek circumventing U.S. export controls to acquire Nvidia’s advanced semiconductors for AI purposes. This has led to U.S. officials investigating potential purchases through third parties in Singapore. Despite these challenges, Morgan Stanley sees the DeepSeek selloff as a buying opportunity and maintains an Overweight rating on Nvidia with a price target of $152. Nvidia’s stock experienced notable fluctuations, with a buyer achieving a 61% profit from purchasing NVDA 2/7 weekly 130 puts as shares dropped from $125.66 to $120.07. Conversely, another investor gained a 17% profit from acquiring NVDA Mar-25 120 calls as the stock price rose from $119.56 to $124.65.

More about Nvidia Corporation

YTD Price Performance: -3.98%

Average Trading Volume: 245,668,794

Current Market Cap: $3271.1B

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