Thousands of Swedish retail investors are selling their Nvidia holdings ahead of the chipmaker's upcoming earnings report, according to data from online broker Avanza. Approximately 3,000 investors have exited their Nvidia positions since the beginning of the year, representing about 3% of the company's shareholders on the Avanza platform.
Felicia Schön, savings economist at Avanza, confirmed the trend, stating that Nvidia has been the sixth most net-sold stock among the platform's users so far this year. The selling comes as Nvidia prepares to release its quarterly earnings report on Wednesday, which marks a key moment in the AI investment season.
Nvidia has lost approximately 3,000 owners since the turn of the year, which is about 3 percent of its owners.
This retail investor exodus contrasts with professional analyst recommendations, with most experts continuing to advise buying Nvidia stock. The divergence highlights differing risk appetites between small investors and institutional analysts ahead of what is expected to be a significant earnings announcement from the AI chip leader.