Concurrent Investment Advisors 13F: Adds $116M to NVDA Stake

Concurrent Investment Advisors has boosted its position in NVIDIA Corporation (NasdaqGS: NVDA). In a filing on October 16, 2026, the firm added 507,151 shares, increasing its total holdings to 1,970,540 shares valued at about $450 million. This marks a 34.7% increase in their stake.

Other Institutional Activity in NVIDIA

Blackrock Inc. has increased its holdings in NVIDIA, adding 16,367,185 shares and holding a total of 1,941,918,386 shares worth about $415.8 billion. Vanguard Capital Management LLC slightly grew its stake by 2,307,763 shares, now owning 1,540,816,358 shares valued at around $329.9 billion. FMR, LLC also raised its position, adding 32,200,765 shares for a total of 1,026,051,548 shares worth about $219.7 billion. State Street Corporation is now holding 1,009,783,437 shares after increasing its position by 15,902,101 shares, valued at about $216.2 billion. Geode Capital Management, LLC added 4,870,899 shares, totaling 606,216,492 shares worth about $129.8 billion.

NVIDIA Corporation Stock Down 2.9%

As of October 16, 2026, NVIDIA shares are trading at $214.93, which is below the 50-day moving average of $223.17 and about 11.7% below the 52-week high of $243.37. However, the stock remains 30.8% above its 52-week low of $164.27, indicating a relatively strong position despite recent fluctuations.

Recent Earnings

NVIDIA reported trailing twelve-month revenue of approximately $302.97 billion, with an earnings per share (EPS) of $7.91. The company's revenue growth year-over-year stands at an impressive 105.9%. Its next earnings report is scheduled for November 17, 2026.

Insider Buying and Selling at NVIDIA Corporation

Mark A Stevens, a director at NVIDIA, has sold a total of 4,139,740 shares across multiple transactions earlier in September 2026. The largest sale was for 1,366,000 shares on September 18, valued at approximately $300.1 million.

Analysts Set New Price Targets

On September 4, 2026, Rosenblatt maintained a "Buy" rating on NVIDIA with a price target of $390. The same day, Needham reiterated its "Buy" rating with a target of $300. Piper Sandler initiated coverage with an "Overweight" rating and a target of $300 on September 10. The consensus rating from analysts is a "Strong Buy," with a mean price target of $328.72.

About NVIDIA Corporation

NVIDIA Corporation is a leading technology company that specializes in creating advanced graphics processing units (GPUs) and AI solutions. The firm operates across various sectors, including data centers and automotive applications, which are crucial for the growing demand for AI and autonomous technology.

Bottom Line

Investors should watch for NVIDIA's upcoming earnings report on November 17, 2026, as well as any further updates on institutional holdings. Keep in mind that the filings reflect past positions and may not represent the fund's current investments. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.