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Cherry Creek Investment Advisors Reduces NVIDIA Corporation $NVDA Holdings by 3.3% in Q1 2026
Overall sentiment: Neutral
Open original · Written by MarketBeatJuly 20, 2026 ShareLink copied to clipboard.
Published Jul 20, 2026 · Retrieved Jul 20, 2026
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- Cherry Creek Investment Advisors decreased NVIDIA shares by 3.3% in Q1 2026, holding 76,917 shares worth $13.4 million Newsworthy Reliable Neutral
- NVIDIA represents 5.8% of Cherry Creek Investment Advisors' portfolio, ranking as its second largest holding Newsworthy Reliable Neutral
- Several major institutional investors significantly increased their NVIDIA stakes in late 2025 and early 2026, including Norges Bank and J. Stern & Co. LLP Newsworthy Reliable Neutral
- Insiders, including Director Mark A. Stevens, sold over 1.9 million NVIDIA shares worth $410.6 million in Q2 2026, reducing their ownership stakes Newsworthy Reliable Negative
- NVIDIA expanded AI initiatives in Japan with new partnerships in robotics, manufacturing, and national AI infrastructure projects in 2026 Relevant Reliable Very positive
- Analysts like KeyCorp and Erste Group upgraded NVIDIA earnings estimates in mid-2026, indicating optimism for strong profit growth Relevant Reliable Very positive
- NVIDIA's Q1 2026 revenue grew 85.2% year-over-year to $81.61 billion, with earnings per share of $1.87, beating estimates Newsworthy Reliable Very positive
- NVIDIA declared an $80 billion share repurchase program in May 2026 and increased its quarterly dividend to $0.25 Relevant Reliable Positive
Type: standard news · Analysis confidence: 95%