Bayshore Capital Advisors LLC Purchases Shares of 5,010 NVIDIA Corporation $NVDA

Key Points

• Bayshore Capital Advisors LLC opened a new position in NVIDIA during the fourth quarter, buying 5,010 shares valued at about $934,000. NVIDIA now represents roughly 0.5% of the firm’s portfolio and is its 15th-largest holding.
• NVIDIA continues to draw strong institutional and analyst support, with multiple hedge funds adding to their stakes and Wall Street maintaining a largely bullish outlook. The stock has an average Buy rating and a consensus price target of $305.38.
• The company reported strong quarterly results, including $1.87 EPS and $81.62 billion in revenue, both ahead of estimates. NVIDIA also approved an $80 billion share buyback and raised its quarterly dividend to $0.25 per share.

Bayshore Capital Advisors LLC bought a new stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 5,010 shares of the computer hardware maker's stock, valued at approximately $934,000. NVIDIA makes up approximately 0.5% of Bayshore Capital Advisors LLC's investment portfolio, making the stock its 15th largest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Joule Financial LLC boosted its stake in shares of NVIDIA by 2.2% in the 3rd quarter. Joule Financial LLC now owns 2,308 shares of the computer hardware maker's stock valued at $431,000 after purchasing an additional 50 shares in the last quarter. Presidio Capital Management LLC lifted its position in NVIDIA by 0.4% during the 4th quarter. Presidio Capital Management LLC now owns 15,137 shares of the computer hardware maker's stock worth $2,823,000 after buying an additional 53 shares in the last quarter. LMG Wealth Partners LLC grew its holdings in NVIDIA by 0.7% during the 4th quarter. LMG Wealth Partners LLC now owns 7,649 shares of the computer hardware maker's stock worth $1,427,000 after acquiring an additional 53 shares during the last quarter. Vision Financial Markets LLC grew its holdings in NVIDIA by 1.2% during the 3rd quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker's stock worth $866,000 after acquiring an additional 53 shares during the last quarter. Finally, IMG Wealth Management Inc. grew its holdings in NVIDIA by 1.4% during the 3rd quarter. IMG Wealth Management Inc. now owns 3,820 shares of the computer hardware maker's stock worth $713,000 after acquiring an additional 54 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Several articles highlighted fresh AI infrastructure wins tied to NVIDIA, including South Korea’s LG Group reportedly planning to adopt 10,000 NVIDIA GPUs, plus new partnerships with companies such as Corning, EXL, Lightmatter, Ayar Labs, and Netris that deepen NVIDIA’s ecosystem around AI data centers and networking.
• Positive Sentiment: Analysts and commentators remained bullish on NVIDIA’s long-term setup, pointing to Blackwell, AI inference, CUDA, and the company’s expanding push into AI PCs and enterprise AI as reasons the growth story still looks intact.
• Positive Sentiment: Jensen Huang’s comments at Computex and in media interviews reinforced confidence that AI infrastructure spending is still accelerating, with NVIDIA positioned at the center of that spending cycle.
• Neutral Sentiment: NVIDIA also made headlines for product and strategic moves, including the DSX platform for AI factory design, a reported $400 million acquisition of AI software startup Kumo, and a new AI chip for PCs, all of which expand the company’s addressable market but do not immediately change near-term financial results.
• Neutral Sentiment: Broad market sentiment has been mixed: semiconductor stocks sold off after Broadcom’s earnings and some investors rotated within AI hardware, which helps explain why NVIDIA has shown relative resilience rather than an outright surge.
• Negative Sentiment: Regulatory and political scrutiny remains a risk, as Senator Elizabeth Warren invited Jensen Huang to testify at a Senate hearing on China AI chip sales and U.S. export controls, keeping pressure on NVIDIA’s China exposure.

Insider Buying and Selling

In other news, EVP Ajay K. Puri sold 300,000 shares of the stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $182.25, for a total value of $54,675,000.00. Following the completion of the sale, the executive vice president owned 3,018,547 shares of the company's stock, valued at approximately $550,130,190.75. This represents a 9.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director John Dabiri sold 625 shares of the stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total value of $133,750.00. Following the completion of the sale, the director directly owned 14,163 shares of the company's stock, valued at approximately $3,030,882. The trade was a 4.23% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,906,961 shares of company stock worth $384,041,268 in the last quarter. 3.94% of the stock is owned by company insiders.

Analyst Ratings Changes

NVDA has been the topic of a number of research analyst reports. Wells Fargo & Company reissued an "overweight" rating and set a $315.00 price objective (up from $265.00) on shares of NVIDIA in a report on Tuesday, May 12th. UBS Group upped their price target on NVIDIA from $275.00 to $280.00 and gave the company a "buy" rating in a research note on Thursday, May 21st. William Blair reissued an "outperform" rating on shares of NVIDIA in a research note on Tuesday. Wedbush upped their price target on NVIDIA from $300.00 to $330.00 and gave the stock an "outperform" rating in a research report on Thursday, May 21st. Finally, CICC Research upped their price target on NVIDIA from $240.60 to $268.30 and gave the stock an "outperform" rating in a research report on Friday, May 22nd. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $305.38.

NVIDIA Trading Up 1.8%

NASDAQ NVDA opened at $218.66 on Friday. The company has a market cap of $5.29 trillion, a PE ratio of 33.49, a PEG ratio of 0.52 and a beta of 2.22. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04. NVIDIA Corporation has a 12 month low of $138.83 and a 12 month high of $236.54. The stock has a 50 day moving average of $202.84 and a 200-day moving average of $190.45.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, beating the consensus estimate of $1.76 by $0.11. The company had revenue of $81.62 billion during the quarter, compared to the consensus estimate of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The firm's revenue for the quarter was up 85.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.81 EPS. On average, equities research analysts anticipate that NVIDIA Corporation will post 8.04 EPS for the current fiscal year.

NVIDIA announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, May 20th that allows the company to buyback $80.00 billion in shares. This buyback authorization allows the computer hardware maker to buy up to 1.5% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's board of directors believes its stock is undervalued.

NVIDIA Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Thursday, June 4th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, June 4th. This is a boost from NVIDIA's previous quarterly dividend of $0.01. NVIDIA's payout ratio is currently 0.61%.

About NVIDIA

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company's product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.

Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.