Rep. Cleo Fields Buys NVIDIA Corporation (NASDAQ:NVDA) Stock

Key Points

• Representative Cleo Fields purchased between $15,001 and $50,000 in NVIDIA shares on August 15th, reflecting his confidence in the company's performance.
• NVIDIA's stock recently opened at $171.66 and reported an EPS of $1.05 for the quarter, surpassing estimates and marking a significant revenue increase of 55.6% year-over-year.
• The company also declared a quarterly dividend of $0.01 per share, scheduled to be paid on October 2nd, indicating financial stability despite a low annual yield.

Representative Cleo Fields (D-Louisiana) recently bought shares of NVIDIA Corporation NASDAQ: NVDA. In a filing disclosed on September 03rd, the Representative disclosed that they had bought between $15,001 and $50,000 in NVIDIA stock on August 15th. The trade occurred in the Representative's "MORGAN STANLEY - E*TRADE #2" account.

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

• Purchased $15,001 - $50,000 in shares of NVIDIA NASDAQ: NVDA on 8/22/2025.
• Purchased $15,001 - $50,000 in shares of NVIDIA NASDAQ: NVDA on 8/20/2025.
• Purchased $15,001 - $50,000 in shares of Advanced Micro Devices NASDAQ: AMD on 8/15/2025.
• Purchased $15,001 - $50,000 in shares of Taiwan Semiconductor Manufacturing NYSE: TSM on 8/15/2025.
• Purchased $15,001 - $50,000 in shares of Broadcom NASDAQ: AVGO on 8/15/2025.
• Purchased $15,001 - $50,000 in shares of Amazon.com NASDAQ: AMZN on 8/15/2025.
• Purchased $50,001 - $100,000 in shares of Amazon.com NASDAQ: AMZN on 8/15/2025.
• Purchased $100,001 - $250,000 in shares of NVIDIA NASDAQ: NVDA on 8/15/2025.
• Purchased $1,001 - $15,000 in shares of Apple NASDAQ: AAPL on 8/14/2025.
• Purchased $50,001 - $100,000 in shares of Broadcom NASDAQ: AVGO on 8/13/2025.

NVIDIA Price Performance

NASDAQ NVDA traded down $4.64 during trading on Friday, reaching $167.02. 223,875,375 shares of the company traded hands, compared to its average volume of 167,410,624. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The stock's 50 day moving average price is $172.73 and its two-hundred day moving average price is $140.20. The company has a market cap of $4.06 trillion, a price-to-earnings ratio of 47.58, a P/E/G ratio of 1.25 and a beta of 2.10. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $184.48.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company had revenue of $46.74 billion during the quarter, compared to analysts' expectations of $45.65 billion. During the same quarter in the previous year, the company posted $0.68 earnings per share. NVIDIA's quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. As a group, analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend is Thursday, September 11th. NVIDIA's payout ratio is presently 1.14%.

Analyst Upgrades and Downgrades

NVDA has been the subject of several research analyst reports. Truist Financial boosted their price objective on shares of NVIDIA from $210.00 to $228.00 and gave the stock a "buy" rating in a research report on Thursday, August 28th. Rosenblatt Securities upped their target price on shares of NVIDIA from $200.00 to $215.00 and gave the company a "buy" rating in a research report on Thursday, August 28th. Benchmark upped their target price on shares of NVIDIA from $190.00 to $220.00 and gave the company a "buy" rating in a research report on Thursday, August 28th. Sanford C. Bernstein reissued an "outperform" rating and issued a $225.00 price target (up previously from $185.00) on shares of NVIDIA in a report on Thursday, August 28th. Finally, Bank of America boosted their price target on shares of NVIDIA from $220.00 to $235.00 and gave the company a "buy" rating in a report on Thursday, August 28th. Four research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, NVIDIA presently has an average rating of "Moderate Buy" and an average price target of $207.69.

Insider Transactions at NVIDIA

In other NVIDIA news, Director Dawn E. Hudson sold 18,000 shares of the stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $172.00, for a total value of $3,096,000.00. Following the transaction, the director directly owned 368,887 shares of the company's stock, valued at $63,448,564. This represents a 4.65% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $169.65, for a total transaction of $12,723,750.00. Following the completion of the transaction, the chief executive officer directly owned 72,698,366 shares in the company, valued at approximately $12,333,277,791.90. This represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 4,872,755 shares of company stock worth $764,283,330. 4.17% of the stock is owned by insiders.

Hedge Funds Weigh In On NVIDIA

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. FMR LLC raised its holdings in shares of NVIDIA by 0.7% in the 4th quarter. FMR LLC now owns 1,004,376,608 shares of the computer hardware maker's stock valued at $134,877,735,000 after purchasing an additional 6,665,252 shares during the period. State Street Corp raised its holdings in shares of NVIDIA by 1.0% in the 2nd quarter. State Street Corp now owns 978,208,862 shares of the computer hardware maker's stock valued at $154,556,803,000 after purchasing an additional 9,554,857 shares during the period. Geode Capital Management LLC raised its holdings in shares of NVIDIA by 1.5% in the 2nd quarter. Geode Capital Management LLC now owns 579,213,497 shares of the computer hardware maker's stock valued at $91,150,170,000 after purchasing an additional 8,521,936 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in shares of NVIDIA by 0.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 411,328,951 shares of the computer hardware maker's stock valued at $55,237,367,000 after purchasing an additional 3,721,331 shares during the period. Finally, Kingstone Capital Partners Texas LLC raised its holdings in shares of NVIDIA by 267,959.7% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker's stock valued at $64,976,521,000 after purchasing an additional 382,231,120 shares during the period. 65.27% of the stock is 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 provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.