NVIDIA (NASDAQ:NVDA) Stock Unloaded Rep. Bruce Westerman

Representative Bruce Westerman (R-Arkansas) recently sold shares of NVIDIA Co. NASDAQ: NVDA. In a filing disclosed on May 12th, the Representative disclosed that they had sold between $15,001 and $50,000 in NVIDIA stock on April 21st. The trade occurred in the Representative's "FISHER IRA" account.

Representative Bruce Westerman also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Tokyo Electron OTCMKTS: TOELY on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Anheuser-Busch InBev SA/NV NYSE: BUD on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Edwards Lifesciences NYSE: EW on 4/21/2025.
• Sold $1,001 - $15,000 in shares of HSBC NYSE: HSBC on 4/21/2025.
• Sold $15,001 - $50,000 in shares of Apple NASDAQ: AAPL on 4/21/2025.
• Sold $1,001 - $15,000 in shares of DSV A/S OTCMKTS: DSDVY on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Walmart NYSE: WMT on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Bank of America NYSE: BAC on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Thermo Fisher Scientific NYSE: TMO on 4/21/2025.

NVIDIA Stock Up 0.4%

NASDAQ:NVDA traded up $0.57 on Friday, reaching $135.40. The stock had a trading volume of 221,859,039 shares, compared to its average volume of 294,737,502. The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13. The company has a 50-day moving average of $112.33 and a 200 day moving average of $126.97. The stock has a market cap of $3.31 trillion, a P/E ratio of 53.29, a price-to-earnings-growth ratio of 1.76 and a beta of 2.11. NVIDIA Co. has a 12-month low of $86.62 and a 12-month high of $195.95.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly 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 net margin of 55.69% and a return on equity of 114.83%. The business had revenue of $39.33 billion for the quarter, compared to analysts' expectations of $38.16 billion. On average, research analysts predict that NVIDIA Co. will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 12th were given a $0.01 dividend. The ex-dividend date of this dividend was Wednesday, March 12th. This represents a $0.04 dividend on an annualized basis and a yield of 0.03%. NVIDIA's payout ratio is currently 1.36%.

Insider Activity at NVIDIA

In other NVIDIA news, Director Robert K. Burgess sold 53,324 shares of the company's stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $115.49, for a total transaction of $6,158,388.76. Following the sale, the director now directly owns 251,044 shares of the company's stock, valued at approximately $28,993,071.56. This represents a 17.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Donald F. Robertson, Jr. sold 4,500 shares of the company's stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $116.80, for a total transaction of $525,600.00. Following the sale, the insider now directly owns 479,428 shares in the company, valued at $55,997,190.40. This represents a 0.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 147,147 shares of company stock valued at $17,133,207 over the last quarter. 4.23% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. TD Cowen cut their price target on NVIDIA from $175.00 to $140.00 and set a "buy" rating on the stock in a report on Wednesday, April 9th. Piper Sandler reiterated an "overweight" rating on shares of NVIDIA in a research note on Friday, April 25th. Susquehanna reiterated a "positive" rating and set a $180.00 price objective on shares of NVIDIA in a research note on Wednesday, March 19th. William Blair reiterated an "outperform" rating on shares of NVIDIA in a research note on Thursday, March 20th. Finally, Truist Financial raised their price objective on shares of NVIDIA from $204.00 to $205.00 and gave the company a "buy" rating in a research note on Thursday, February 27th. One research analyst has rated the stock with a sell rating, six have given a hold rating, thirty-six have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $164.84.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in NVDA. Norges Bank bought a new stake in NVIDIA in the fourth quarter valued at about $43,515,504,000. Nuveen LLC bought a new stake in NVIDIA in the first quarter valued at about $15,089,414,000. Goldman Sachs Group Inc. increased its stake in NVIDIA by 123.5% in the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker's stock valued at $20,374,921,000 after acquiring an additional 103,889,872 shares during the period. GAMMA Investing LLC increased its stake in NVIDIA by 12,173.2% in the first quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker's stock valued at $5,293,039,000 after acquiring an additional 48,439,859 shares during the period. Finally, Clear Street Derivatives LLC bought a new stake in NVIDIA in the third quarter valued at about $4,589,905,000. Institutional investors own 65.27% of the company's stock.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas' 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas' 4th Congressional District. He declared candidacy for the 2026 election. Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

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.