Rep. Maria Elvira Salazar Purchases Shares of NVIDIA Corporation (NASDAQ:NVDA)

Key Points

• Rep. Maria Elvira Salazar disclosed buying $1,001–$15,000 of NVIDIA shares on October 23 in her UBS IRA account; she also bought Procter & Gamble and sold Cisco shares on the same date.
• NVIDIA’s latest reported quarter beat analyst estimates, with earnings per share of $2.22 versus $2.09 expected and revenue of $96.22 billion, up 105.9% year over year.
• Investor sentiment remains mixed: enterprise AI partnerships and a planned November 17 earnings report are potential catalysts, while concerns about AI infrastructure spending, valuations, and data-center delays weigh on the outlook.

Representative Maria Elvira Salazar (Republican-Florida) recently bought shares of NVIDIA Corporation NASDAQ: NVDA. In a filing disclosed on November 5th, the Representative disclosed that they had bought between $1,001 and $15,000 in NVIDIA stock on October 23rd. The trade occurred in the Representative's "UBS IRA ACCOUNT" account.

Representative Maria Elvira Salazar also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Cisco Systems NASDAQ: CSCO on 10/23/2026.
• Purchased $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 10/23/2026.
• Sold $1,001 - $15,000 in shares of Citigroup NYSE: C on 9/24/2026.
• Sold $1,001 - $15,000 in shares of Chubb NYSE: CB on 9/24/2026.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 9/24/2026.
• Sold $1,001 - $15,000 in shares of GE Aerospace NYSE: GE on 9/24/2026.
• Sold $1,001 - $15,000 in shares of Honeywell International NASDAQ: HON on 9/24/2026.
• Sold $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 9/24/2026.
• Sold $1,001 - $15,000 in shares of FedEx NYSE: FDX on 9/24/2026.
• Sold $1,001 - $15,000 in shares of Salesforce NYSE: CRM on 9/24/2026.

NVIDIA Price Performance

NASDAQ NVDA opened at $181.60 on Friday. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. The company has a fifty day simple moving average of $220.63 and a 200 day simple moving average of $204.48. The company has a market cap of $4.38 trillion, a P/E ratio of 22.96, a P/E/G ratio of 1.54 and a beta of 2.21. NVIDIA Corporation has a 1 year low of $164.27 and a 1 year high of $243.37.

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

NVIDIA Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Thursday, September 10th. NVIDIA's payout ratio is presently 12.64%.

NVIDIA announced that its Board of Directors has authorized a share buyback program on Monday, September 28th that permits the company to repurchase $150 billion in shares. This repurchase authorization permits the computer hardware maker to repurchase up to 2.8% of its shares through open market purchases. Stock repurchase programs are often a sign that the company's board of directors believes its shares are undervalued.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Box expanded its partnership with NVIDIA, integrating NVIDIA’s Nemotron technology into new AI search and workflow tools—an example of continued enterprise demand for the company’s AI platform. Box expands Nvidia partnership
• Positive Sentiment: Ark Invest reportedly bought NVIDIA shares while selling AMD, and some commentators argue NVIDIA’s valuation looks more attractive after the recent retreat. These are supportive sentiment signals, not evidence that the broader concerns have eased. Cathie Wood buys Nvidia
• Neutral Sentiment: NVIDIA’s next major catalyst is its scheduled November 17 quarterly report. With investors focused on whether growth can exceed already-high expectations, the results and guidance may help determine the stock’s near-term direction. Nvidia investors need to watch Nov. 17
• Negative Sentiment: Election-related uncertainty is raising fears that data-center construction could slow or become more expensive. UBS estimates that delays could affect a substantial share of U.S. capacity planned for 2028 if construction pauses spread, threatening a key source of future chip demand. AI selloff and data-center concerns
• Negative Sentiment: Investors are also reassessing AI valuations and the scale and financing of infrastructure spending. The weakness has spread across chipmakers, and NVIDIA’s move below a widely watched technical support level may add to selling pressure. AI spending fears and financing risks
• Negative Sentiment: China-related headlines add geopolitical and compliance uncertainty: Chinese AI firm Moonshot has explored accessing Blackwell chips through European data centers, while House Republican leaders requested a closed-door briefing with CEO Jensen Huang following a report about an executive’s alleged links to Chinese intelligence. Moonshot seeks Nvidia chip access in Europe

Insider Activity at NVIDIA

In related news, CFO Colette Kress sold 34,918 shares of NVIDIA stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the sale, the chief financial officer directly owned 765,103 shares in the company, valued at approximately $167,595,812.15. This trade represents a 4.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 622,239 shares of NVIDIA stock in a transaction on Friday, September 4th. The stock was sold at an average price of $231.62, for a total value of $144,122,997.18. Following the sale, the director owned 2,336,531 shares in the company, valued at $541,187,310.22. This trade represents a 21.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 1,766,118 shares of company stock valued at $399,450,353. 3.94% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on NVDA. Evercore set a $465.00 price target on NVIDIA and gave the company an "outperform" rating in a research report on Thursday, August 27th. Benchmark reiterated a "buy" rating and issued a $335.00 price objective on shares of NVIDIA in a research note on Thursday, August 27th. Needham & Company LLC reissued a "buy" rating and set a $300.00 price objective on shares of NVIDIA in a research report on Wednesday, October 21st. Piper Sandler started coverage on NVIDIA in a research note on Wednesday, September 9th. They set an "overweight" rating and a $300.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of NVIDIA in a research note on Monday, August 31st. Five equities research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $318.85.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in NVDA. State Street Corp increased its stake 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 buying an additional 15,897,836 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of NVIDIA by 2.2% in the 2nd quarter. Bank of America Corp DE now owns 195,366,864 shares of the computer hardware maker's stock worth $39,090,956,000 after buying an additional 4,165,875 shares during the last quarter. Amundi boosted its stake in shares of NVIDIA by 10.4% in the 1st quarter. Amundi now owns 133,768,018 shares of the computer hardware maker's stock worth $23,329,141,000 after buying an additional 12,575,177 shares during the last quarter. Deutsche Bank AG grew its holdings in shares of NVIDIA by 2.3% in the second quarter. Deutsche Bank AG now owns 91,954,159 shares of the computer hardware maker's stock valued at $18,399,108,000 after acquiring an additional 2,045,101 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of NVIDIA by 0.6% in the first quarter. Dimensional Fund Advisors LP now owns 94,521,253 shares of the computer hardware maker's stock valued at $16,479,126,000 after acquiring an additional 555,221 shares in the last quarter. Institutional investors own 65.27% of the company's stock.

About Representative Salazar

Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida's 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida's 27th Congressional District. She won in the general election on November 5, 2024. Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.

About NVIDIA

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.

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.