Representative Dan Newhouse (R-Washington) recently sold shares of NVIDIA Co. NASDAQ: NVDA. In a filing disclosed on May 16th, the Representative disclosed that they had sold between $1,001 and $15,000 in NVIDIA stock on April 11th. The trade occurred in the Representative's "EDWARD JONES IRA" account.
Representative Dan Newhouse also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Union Pacific NYSE: UNP on 4/11/2025.
- Sold $1,001 - $15,000 in shares of PayPal NASDAQ: PYPL on 4/11/2025.
- Sold $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 4/11/2025.
- Sold $1,001 - $15,000 in shares of Moody's NYSE: MCO on 4/11/2025.
- Sold $1,001 - $15,000 in shares of Dollar General NYSE: DG on 4/11/2025.
- Sold $1,001 - $15,000 in shares of Lowe's Companies NYSE: LOW on 4/11/2025.
- Sold $1,001 - $15,000 in shares of Intuit NASDAQ: INTU on 4/11/2025.
- Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 4/11/2025.
- Sold $1,001 - $15,000 in shares of BlackRock NYSE: BLK on 4/11/2025.
- Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 4/11/2025.
NVIDIA Stock Performance
Shares of NASDAQ:NVDA traded down $1.54 during midday trading on Friday, reaching $131.29. 198,282,939 shares of the company traded hands, compared to its average volume of 288,927,791. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13. NVIDIA Co. has a 12 month low of $86.62 and a 12 month high of $195.95. The firm has a market capitalization of $3.21 trillion, a price-to-earnings ratio of 51.67, a price-to-earnings-growth ratio of 1.76 and a beta of 2.11. The firm's fifty day moving average price is $113.89 and its two-hundred day moving average price is $126.81.
NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, February 26th. The computer hardware maker reported $0.89 EPS for the quarter, topping the consensus estimate of $0.84 by $0.05. NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. The business had revenue of $39.33 billion during the quarter, compared to analysts' expectations of $38.16 billion. On average, equities analysts expect that NVIDIA Co. will post 2.77 earnings per share for the current year.
NVIDIA Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Wednesday, March 12th were paid a dividend of $0.01 per share. The ex-dividend date of this dividend was Wednesday, March 12th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.03%. NVIDIA's payout ratio is 1.36%.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on the company. Stifel Nicolaus set a $180.00 target price on NVIDIA in a research report on Wednesday, March 19th. William Blair restated an "outperform" rating on shares of NVIDIA in a research report on Thursday, March 20th. Citigroup restated a "buy" rating on shares of NVIDIA in a research report on Wednesday, April 16th. Arete Research upgraded NVIDIA to a "strong-buy" rating in a report on Wednesday. Finally, KeyCorp set a $190.00 price objective on NVIDIA in a report on Wednesday, March 19th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, thirty-three have assigned a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $165.86.
Read Our Latest Research Report on NVDA
Institutional Trading of NVIDIA
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Tacita Capital Inc bought a new stake in shares of NVIDIA in the 4th quarter worth $28,000. Legend Financial Advisors Inc. bought a new stake in shares of NVIDIA in the 4th quarter worth $34,000. Vision Financial Markets LLC bought a new stake in shares of NVIDIA in the 4th quarter worth $38,000. Luken Investment Analytics LLC bought a new stake in shares of NVIDIA in the 4th quarter worth $40,000. Finally, Lowe Wealth Advisors LLC bought a new stake in shares of NVIDIA in the 4th quarter worth $46,000. Hedge funds and other institutional investors own 65.27% of the company's stock.
Insiders Place Their Bets
In other news, insider Donald F. Robertson, Jr. sold 4,500 shares of the firm's stock in a transaction on Friday, March 21st. The stock was sold at an average price of $116.80, for a total value of $525,600.00. Following the transaction, the insider now directly owns 479,428 shares in the company, valued at $55,997,190.40. This trade represents a 0.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Colette Kress sold 66,660 shares of the firm's stock in a transaction on Friday, March 21st. The stock was sold at an average price of $116.83, for a total value of $7,787,887.80. Following the completion of the transaction, the chief financial officer now owns 3,085,765 shares in the company, valued at approximately $360,509,924.95. This trade represents a 2.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 147,147 shares of company stock valued at $17,133,207. Corporate insiders own 4.17% of the company's stock.
About Representative Newhouse
Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington's 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.
Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington's 4th Congressional District. He won in the general election on November 5, 2024.
Click here to see Newhouse's key votes in Congress.
Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.
Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.
About NVIDIA
(
Get Free Report)
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.
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