Maytree Asset Management Ltd Acquires Shares of 62,608 NVIDIA Corporation $NVDA

Key Points

• Maytree Asset Management opened a new position in NVIDIA during the fourth quarter, buying 62,608 shares valued at about $11.7 million. The stake makes NVIDIA Maytree’s third-largest holding and about 8.7% of its portfolio.
• NVIDIA continues to attract strong institutional and analyst support, with multiple firms raising price targets and MarketBeat’s consensus rating remaining a Buy at a target price of $305.38. The article also notes ongoing bullish themes around AI-chip demand, the Computex conference, and NVIDIA’s push into photonics.
• The company reported better-than-expected quarterly results, with EPS of $1.87 and revenue of $81.62 billion, and it announced an $80 billion share buyback plus a higher quarterly dividend of $0.25 per share. However, insiders have also sold shares recently, and some commentary warns that NVIDIA’s valuation remains stretched after its big AI-driven run.

Maytree Asset Management Ltd acquired a new stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 62,608 shares of the computer hardware maker's stock, valued at approximately $11,676,000. NVIDIA accounts for 8.7% of Maytree Asset Management Ltd's investment portfolio, making the stock its 3rd largest holding.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Joule Financial LLC raised its position in NVIDIA by 2.2% during the third 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 during the period. Presidio Capital Management LLC increased its position in NVIDIA by 0.4% during the fourth quarter. Presidio Capital Management LLC now owns 15,137 shares of the computer hardware maker's stock valued at $2,823,000 after acquiring an additional 53 shares during the last quarter. LMG Wealth Partners LLC increased its position in NVIDIA by 0.7% during the fourth quarter. LMG Wealth Partners LLC now owns 7,649 shares of the computer hardware maker's stock valued at $1,427,000 after acquiring an additional 53 shares during the last quarter. Vision Financial Markets LLC increased its position in NVIDIA by 1.2% during the third quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker's stock valued at $866,000 after acquiring an additional 53 shares during the last quarter. Finally, IMG Wealth Management Inc. increased its position in NVIDIA by 1.4% during the third quarter. IMG Wealth Management Inc. now owns 3,820 shares of the computer hardware maker's stock valued at $713,000 after acquiring an additional 54 shares during the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Investors are looking ahead to next week’s Computex conference, which could provide a fresh catalyst for NVIDIA’s AI-chip leadership and keep sentiment constructive around the stock. Why Nvidia stock is up around 1% today
• Positive Sentiment: Analysts and commentators continue to point to NVIDIA as the main winner from the AI server boom, with strong demand for its chips, Blackwell products, and broader data-center ecosystem. Jim Cramer names Nvidia as the winner behind Dell rally
• Positive Sentiment: News that NVIDIA is investing heavily in photonics, with billions directed toward next-generation data-center connectivity, suggests the company is trying to extend its AI leadership beyond GPUs into the next bottlenecks in AI infrastructure. Nvidia is investing billions into this emerging technology that could change the AI industry
• Positive Sentiment: Truist raised its price target on NVDA to $307 and kept a Buy rating, reinforcing the view that the company’s strong quarterly results and growth outlook remain intact. NVIDIA Corporation (NVDA) Stock Update: Truist Raises Target to $307 Following Strong Quarter
• Neutral Sentiment: CEO Jensen Huang’s reported advisory-board role at Tsinghua University keeps NVIDIA visible in China-related tech circles, but it is more of a corporate-profile headline than a direct earnings driver. Nvidia chief Jensen Huang to join board of Beijing's Tsinghua University, FT reports
• Negative Sentiment: Director John Dabiri sold 625 shares under a pre-arranged 10b5-1 trading plan, which is routine but can still add to investor caution when the stock is already expensive and volatile. SEC filing for John Dabiri transaction
• Negative Sentiment: Several articles highlight concerns that NVIDIA’s valuation is stretched and that the stock may be struggling to extend gains after a huge AI-driven run, which can weigh on near-term trading. Nvidia And The Reality Of Paying For Perfection

Insider Activity at NVIDIA

In related news, EVP Ajay K. Puri sold 300,000 shares of the stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $182.25, for a total transaction 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 $550,130,190.75. This represents a 9.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 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 transaction of $133,750.00. Following the sale, the director directly owned 14,163 shares of the company's stock, valued at $3,030,882. The trade was a 4.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 906,961 shares of company stock valued at $162,936,268 over the last three months. Company insiders own 3.94% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Wells Fargo & Company reiterated an "overweight" rating and set a $315.00 price objective (up from $265.00) on shares of NVIDIA in a research report on Tuesday, May 12th. Wolfe Research restated an "outperform" rating and set a $275.00 target price on shares of NVIDIA in a research report on Thursday, May 21st. Rothschild & Co Redburn boosted their target price on NVIDIA from $280.00 to $300.00 and gave the company a "buy" rating in a research report on Tuesday. UBS Group lifted their target price on NVIDIA from $275.00 to $280.00 and gave the stock a "buy" rating in a research report on Thursday, May 21st. Finally, Evercore restated an "outperform" rating and issued a $413.00 price target (up from $352.00) on shares of NVIDIA in a report on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $305.38.

NVIDIA Stock Performance

Shares of NVDA stock opened at $211.14 on Friday. NVIDIA Corporation has a 52-week low of $132.92 and a 52-week high of $236.54. The company's 50 day moving average is $199.28 and its 200 day moving average is $189.70. The firm has a market cap of $5.11 trillion, a price-to-earnings ratio of 32.33, a PEG ratio of 0.52 and a beta of 2.25. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04.

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

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

NVIDIA Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Thursday, June 4th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, June 4th. This is a positive change from NVIDIA's previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. NVIDIA's dividend 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.

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