NVIDIA (NASDAQ:NVDA) Stock Purchase Reported by Rep. Cleo Fields

Key Points

• Rep. Cleo Fields purchased between $1,001 and $15,000 of NVIDIA stock on October 1 through a Morgan Stanley E*TRADE IRA account. He also recently bought shares of Taiwan Semiconductor, Alphabet, Netflix, Microsoft and Apple.
• NVIDIA reported strong quarterly results, with EPS of $2.22 and revenue of $96.22 billion, representing 105.9% year-over-year revenue growth. The company also authorized a $150 billion share-repurchase program and declared a quarterly dividend of $0.25 per share.
• Wall Street remains broadly bullish, with a consensus “Buy” rating and an average price target of $321.47, although some analysts cite competition, AI infrastructure funding risks and insider selling as potential pressures on the stock.

Representative Cleo Fields (Democratic-Louisiana) recently bought shares of NVIDIA Corporation NASDAQ: NVDA. In a filing disclosed on October 22nd, the Representative disclosed that they had bought between $1,001 and $15,000 in NVIDIA stock on October 1st. The trade occurred in the Representative's "MORGAN STANLEY - E*TRADE IRA" account.

Representative Cleo Fields also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Taiwan Semiconductor Manufacturing NYSE: TSM on 10/9/2026.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 9/14/2026.
• Purchased $1,001 - $15,000 in shares of Netflix NASDAQ: NFLX on 9/14/2026.
• Purchased $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 9/10/2026.
• Purchased $1,001 - $15,000 in shares of Apple NASDAQ: AAPL on 9/8/2026.
• Purchased $1,001 - $15,000 in shares of Apple NASDAQ: AAPL on 8/13/2026.

NVIDIA Stock Down 0.6%

NVDA stock opened at $210.96 on Friday. The stock has a market cap of $5.08 trillion, a P/E ratio of 30.75, a PEG ratio of 1.63 and a beta of 2.22. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. NVIDIA Corporation has a twelve month low of $164.27 and a twelve month high of $243.37. The company's 50 day moving average is $222.58 and its two-hundred day moving average is $212.56.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, beating analysts' consensus estimates of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The firm had revenue of $96.22 billion for the quarter, compared to the consensus estimate of $92.27 billion. During the same period last year, the firm posted $1.05 EPS. The company's revenue was up 105.9% on a year-over-year basis. Research analysts expect that NVIDIA Corporation will post 9.30 earnings per share for the current fiscal year.

NVIDIA announced that its board has authorized a share repurchase program on Monday, September 28th that authorizes the company to buy back $150.00 billion in outstanding shares. This buyback authorization authorizes the computer hardware maker to buy up to 2.8% of its shares through open market purchases. Share buyback programs are often a sign that the company's leadership believes its shares are undervalued.

NVIDIA Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date was Thursday, September 10th. NVIDIA's dividend payout ratio is currently 12.64%.

Insiders Place Their Bets

In related news, EVP Timothy S. Teter sold 30,460 shares of the company's stock in a transaction on Monday, September 21st. The stock was sold at an average price of $222.80, for a total value of $6,786,488.00. Following the completion of the transaction, the executive vice president directly owned 2,687,660 shares in the company, valued at approximately $598,810,648. This represents a 1.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 622,239 shares of the company's stock in a transaction on Friday, September 4th. The shares were sold at an average price of $231.62, for a total value of $144,122,997.18. Following the completion of the transaction, the director owned 2,336,531 shares of the company's stock, valued at $541,187,310.22. The trade was a 21.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,766,118 shares of company stock valued at $399,450,353 in the last quarter. 3.94% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

NVDA has been the topic of several analyst reports. Citigroup reiterated a "buy" rating and issued a $315.00 target price (up from $300.00) on shares of NVIDIA in a research note on Thursday, August 27th. Oppenheimer set a $315.00 price target on NVIDIA and gave the stock an "outperform" rating in a research note on Thursday, August 27th. Evercore set a $465.00 price target on NVIDIA and gave the stock an "outperform" rating in a report on Thursday, August 27th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $350.00 price objective on shares of NVIDIA in a research report on Thursday, October 1st. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of NVIDIA in a research note on Monday, August 31st. Five research analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $321.47.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Several investment analyses remain bullish on NVIDIA’s long-term outlook. Its CUDA software ecosystem, scale, high margins and deep customer relationships are viewed as a stronger moat than competitors such as Broadcom and Lam Research. Some analysts believe the shares could still double over the next five to 10 years even if growth moderates. Prediction: Nvidia Will Outperform Broadcom Over the Next 5 Years
• Positive Sentiment: NVIDIA is broadening its opportunity beyond GPUs through CPUs, networking, AI factories, industrial AI, autonomous driving and quantum-computing interfaces. Partnerships involving Pony.ai, inDrive, Schneider Electric and HPE could support additional demand for its full-stack platform. Pony AI, NVIDIA Take Their Robotaxi Ambitions to a New Market
• Positive Sentiment: Erste Group modestly raised its fiscal 2027 and 2028 EPS forecasts, while other commentary highlights NVIDIA’s faster growth, stronger margins and relatively attractive valuation compared with some AI semiconductor peers. Brokers Suggest Investing in Nvidia
• Neutral Sentiment: Some analysts argue NVIDIA may become a relative “safe haven” within the AI trade because of its dependable earnings and dominant position, but this is an investor-rotation thesis rather than a new financial result or confirmed catalyst. Can Nvidia's Stock Become a Safe Haven?
• Negative Sentiment: Seaport Research reiterated a bearish view, citing mounting competition, strategic tension in NVIDIA’s business and substantial financial commitments tied to the AI buildout. This bearish call is the clearest company-specific pressure on the shares. Two Critical Nvidia Stock Flaws
• Negative Sentiment: The recent decline reflects broader concern that hyperscalers and neocloud operators may struggle to finance the hundreds of billions of dollars required for AI data centers. High borrowing costs, funding gaps and possible customer spending discipline are pressuring the entire AI trade, including NVIDIA. Why Nvidia Stock Is Down Over 4%?

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Jupiter Topco LLC acquired a new stake in NVIDIA during the second quarter worth approximately $16,156,076,000. Van ECK Associates Corp raised its holdings in NVIDIA by 34.7% in the 2nd quarter. Van ECK Associates Corp now owns 75,849,721 shares of the computer hardware maker's stock valued at $15,176,771,000 after acquiring an additional 19,522,304 shares during the last quarter. State Street Corp raised its holdings in NVIDIA by 1.6% in the 2nd quarter. State Street Corp now owns 1,009,783,437 shares of the computer hardware maker's stock valued at $202,047,568,000 after acquiring an additional 15,897,836 shares during the last quarter. Amundi raised its holdings in NVIDIA by 10.4% in the 1st quarter. Amundi now owns 133,768,018 shares of the computer hardware maker's stock valued at $23,329,141,000 after acquiring an additional 12,575,177 shares during the last quarter. Finally, Nykredit A S purchased a new position in shares of NVIDIA during the 2nd quarter worth $2,315,956,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana's 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026. Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor's degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

NVIDIA Company Profile

NVIDIA Corporation NASDAQ: NVDA is a technology company that designs graphics processing units (GPUs), accelerated computing platforms, networking products and related software. Its technologies support artificial intelligence, machine learning, scientific computing, data analytics, professional visualization and computer graphics.

The company's products include GeForce GPUs for gaming and personal computing, data center GPUs and systems for AI and high-performance computing, and networking solutions used to connect and manage large-scale computing infrastructure.

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