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Groesbeck Investment Management Increased Nvidia Com Com (NVDA) Stake By $868,500; Acnb (ACNB) Shorts Lowered By 12.37%

NVIDIA Corporation (NASDAQ:NVDA) Logo

Groesbeck Investment Management Corp increased Nvidia Corp Com Com (NVDA) stake by 82.57% reported in 2017Q4 SEC filing. Groesbeck Investment Management Corp acquired 4,500 shares as Nvidia Corp Com Com (NVDA)’s stock rose 15.49%. The Groesbeck Investment Management Corp holds 9,950 shares with $1.93M value, up from 5,450 last quarter. Nvidia Corp Com Com now has $148.15 billion valuation. The stock increased 0.62% or $1.5068 during the last trading session, reaching $244.0568. About 5.57 million shares traded. NVIDIA Corporation (NASDAQ:NVDA) has risen 108.33% since May 23, 2017 and is uptrending. It has outperformed by 96.78% the S&P500.

Acnb Corporation (NASDAQ:ACNB) had a decrease of 12.37% in short interest. ACNB’s SI was 26,200 shares in May as released by FINRA. Its down 12.37% from 29,900 shares previously. With 7,500 avg volume, 4 days are for Acnb Corporation (NASDAQ:ACNB)’s short sellers to cover ACNB’s short positions. The SI to Acnb Corporation’s float is 0.39%. The stock increased 0.64% or $0.2 during the last trading session, reaching $31.35. About 697 shares traded. ACNB Corporation (NASDAQ:ACNB) has declined 0.34% since May 23, 2017 and is downtrending. It has underperformed by 11.89% the S&P500.

Investors sentiment decreased to 1.21 in 2017 Q4. Its down 0.09, from 1.3 in 2017Q3. It turned negative, as 59 investors sold NVDA shares while 301 reduced holdings. 113 funds opened positions while 321 raised stakes. 363.65 million shares or 6.07% less from 387.15 million shares in 2017Q3 were reported. Carroll Fincl Associate holds 55 shares or 0% of its portfolio. Envestnet Asset Mngmt Inc holds 33,226 shares or 0.01% of its portfolio. Raymond James & Assocs reported 465,477 shares. Natixis Asset stated it has 1.2% in NVIDIA Corporation (NASDAQ:NVDA). Balasa Dinverno And Foltz Lc reported 14,207 shares stake. Louisiana State Employees Retirement Systems reported 36,700 shares. Ing Groep Nv, a Netherlands-based fund reported 10,875 shares. Kbc Gp Nv has invested 0.4% in NVIDIA Corporation (NASDAQ:NVDA). Paradigm Asset Management Ltd reported 0.06% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). First Heartland Consultants holds 0.15% in NVIDIA Corporation (NASDAQ:NVDA) or 2,615 shares. Emerald Advisers Pa holds 0.01% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA) for 1,116 shares. Capital Invest Advsr Ltd Company holds 1,054 shares. Sky Invest Grp Llc holds 7,027 shares or 0.53% of its portfolio. Arrowmark Colorado Hldgs Ltd Liability Company accumulated 0.11% or 58,142 shares. Parus (Uk) Ltd holds 263,695 shares.

More notable recent NVIDIA Corporation (NASDAQ:NVDA) news were published by: Seekingalpha.com which released: “Nvidia: Covered Call Strategy” on May 21, 2018, also Investorplace.com with their article: “Cowen’s Price Target for Nvidia Corporation Isn’t So Crazy” published on May 23, 2018, Fool.com published: “NVIDIA’s AI-Driven Data Center Business Could Grow by 18 Times in 5 Years” on May 22, 2018. More interesting news about NVIDIA Corporation (NASDAQ:NVDA) were released by: Nasdaq.com and their article: “Crypto Will Have Little Lasting Effect on Nvidia Corporation” published on May 15, 2018 as well as Seekingalpha.com‘s news article titled: “Nvidia: Ignore The Noise” with publication date: May 17, 2018.

Among 45 analysts covering Nvidia Corporation (NASDAQ:NVDA), 27 have Buy rating, 3 Sell and 15 Hold. Therefore 60% are positive. Nvidia Corporation had 205 analyst reports since August 3, 2015 according to SRatingsIntel. On Friday, January 5 the stock rating was maintained by Goldman Sachs with “Buy”. On Tuesday, April 4 the stock rating was downgraded by Pacific Crest to “Underweight”. The firm has “Buy” rating by M Partners given on Tuesday, November 22. The rating was maintained by Barclays Capital on Friday, November 10 with “Equal-Weight”. Morgan Stanley maintained the stock with “Equal-Weight” rating in Friday, November 10 report. The stock has “Hold” rating by Stifel Nicolaus on Thursday, August 10. The firm earned “Buy” rating on Friday, August 7 by Roth Capital. Canaccord Genuity maintained the stock with “Buy” rating in Friday, November 17 report. On Wednesday, December 30 the stock rating was maintained by M Partners with “Buy”. The company was maintained on Monday, July 24 by Jefferies.

Since December 13, 2017, it had 0 insider purchases, and 7 selling transactions for $22.84 million activity. $23,496 worth of stock was sold by Byron Michael on Friday, March 2. The insider PERRY MARK L sold 17,307 shares worth $3.94 million. Another trade for 32,049 shares valued at $7.67M was made by Shoquist Debora on Tuesday, March 27. The insider GAITHER JAMES C sold 40,359 shares worth $9.91M. Drell Persis sold $1.13 million worth of stock or 5,141 shares. Kress Colette sold $31,732 worth of NVIDIA Corporation (NASDAQ:NVDA) on Wednesday, December 13.

ACNB Corporation operates as the financial holding firm for ACNB Bank that provides various banking and financial services to individuals and businesses in the United States. The company has market cap of $220.53 million. The firm accepts deposit products, such as interest and non-interest checking, savings, and money market accounts, as well as time deposits. It has a 20.96 P/E ratio. It also offers commercial lending products, including commercial mortgages, real estate development and construction loans, accounts receivable and inventory financing, agricultural, and governmental loans; consumer lending products comprising home equity loans and lines of credit, automobile and recreational vehicle loans, manufactured housing loans, and personal lines of credit; and mortgage lending products consisting of personal residential mortgages, and residential construction and investment mortgage loans.

NVIDIA Corporation (NASDAQ:NVDA) Institutional Positions Chart

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