Cullen Frost Bankers Inc. Has $246.26 Million Stock Position in NVIDIA Corporation $NVDA
Cullen Frost Bankers Inc. increased its stake in NVIDIA Corporation by 0.7% in Q2, owning 1,558,710 shares valued at $246.26 million. NVIDIA is the 4th largest position in their portfolio. Insider sales included CEO Jen Hsun Huang selling 75,000 shares and Director Mark A. Stevens selling 350,000 shares. NVIDIA's stock opened at $190.17, with a market cap of $4.62 trillion. The company reported Q2 earnings of $1.05 per share, surpassing estimates, with revenue up 55.6% year-over-year.