Rep. Cleo Fields Purchases Shares of NVIDIA Corporation (NASDAQ:NVDA)

Representative Cleo Fields (D-Louisiana) recently bought shares of NVIDIA Corporation NASDAQ: NVDA. In a filing disclosed on July 01st, the Representative disclosed that they had bought between $100,001 and $250,000 in NVIDIA stock on June 30th. The trade occurred in the Representative's "MORGAN STANLEY - E*TRADE - FIELDS LAW FIRM 2, LLC" account.

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

• Purchased $15,001 - $50,000 in shares of AT&T NYSE: T on 6/30/2025.
• Purchased $50,001 - $100,000 in shares of Apple NASDAQ: AAPL on 6/30/2025.
• Purchased $50,001 - $100,000 in shares of Meta Platforms NASDAQ: META on 6/30/2025.
• Purchased $50,001 - $100,000 in shares of Palantir Technologies NASDAQ: PLTR on 6/30/2025.
• Purchased $50,001 - $100,000 in shares of Cisco Systems NASDAQ: CSCO on 6/30/2025.
• Purchased $15,001 - $50,000 in shares of JPMorgan Chase & Co. NYSE: JPM on 6/30/2025.
• Sold $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 6/30/2025.
• Purchased $100,001 - $250,000 in shares of Amazon.com NASDAQ: AMZN on 6/30/2025.
• Purchased $15,001 - $50,000 in shares of Apple NASDAQ: AAPL on 6/30/2025.
• Purchased $100,001 - $250,000 in shares of Apple NASDAQ: AAPL on 6/30/2025.

NVIDIA Trading Down 0.3%

NASDAQ:NVDA traded down $0.59 on Friday, reaching $172.41. The company's stock had a trading volume of 145,476,268 shares, compared to its average volume of 264,003,995. The stock has a 50 day moving average price of $145.88 and a 200 day moving average price of $129.63. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $174.16. The company has a quick ratio of 2.96, a current ratio of 3.39 and a debt-to-equity ratio of 0.10. The firm has a market cap of $4.21 trillion, a price-to-earnings ratio of 55.62, a price-to-earnings-growth ratio of 1.51 and a beta of 2.13.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share for the quarter, missing analysts' consensus estimates of $0.87 by ($0.06). NVIDIA had a net margin of 51.69% and a return on equity of 105.09%. The business had revenue of $44.06 billion during the quarter, compared to analyst estimates of $43.09 billion. During the same quarter last year, the firm posted $0.61 EPS. The company's revenue for the quarter was up 69.2% on a year-over-year basis. On average, equities analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Wednesday, June 11th were issued a dividend of $0.01 per share. The ex-dividend date of this dividend was Wednesday, June 11th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.02%. NVIDIA's dividend payout ratio is currently 1.29%.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director A Brooke Seawell sold 48,792 shares of the firm's stock in a transaction on Monday, July 14th. The stock was sold at an average price of $163.96, for a total value of $7,999,936.32. Following the sale, the director directly owned 1,729,478 shares in the company, valued at $283,565,212.88. This trade represents a 2.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Colette Kress sold 27,650 shares of the firm's stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $170.89, for a total value of $4,725,108.50. Following the completion of the sale, the chief financial officer owned 2,984,516 shares in the company, valued at approximately $510,023,939.24. This represents a 0.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 4,814,800 shares of company stock worth $709,172,753 over the last ninety days. Corporate insiders own 4.17% of the company's stock.

Institutional Investors Weigh In On NVIDIA

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Brookmont Capital Management increased its holdings in shares of NVIDIA by 3.1% in the second quarter. Brookmont Capital Management now owns 8,689 shares of the computer hardware maker's stock valued at $1,373,000 after purchasing an additional 259 shares during the last quarter. EWA LLC boosted its position in shares of NVIDIA by 16.4% during the second quarter. EWA LLC now owns 53,196 shares of the computer hardware maker's stock worth $8,404,000 after buying an additional 7,504 shares during the period. FengHe Fund Management Pte. Ltd. boosted its holdings in NVIDIA by 21.9% in the second quarter. FengHe Fund Management Pte. Ltd. now owns 155,500 shares of the computer hardware maker's stock valued at $24,567,000 after purchasing an additional 27,900 shares during the period. Northstar Group Inc. boosted its holdings in NVIDIA by 1.5% in the second quarter. Northstar Group Inc. now owns 10,835 shares of the computer hardware maker's stock valued at $1,712,000 after purchasing an additional 164 shares during the period. Finally, Viewpoint Investment Partners Corp raised its stake in NVIDIA by 126.5% in the second quarter. Viewpoint Investment Partners Corp now owns 12,550 shares of the computer hardware maker's stock valued at $1,983,000 after buying an additional 7,010 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently commented on NVDA. Citigroup boosted their price objective on shares of NVIDIA from $180.00 to $190.00 and gave the stock a "buy" rating in a report on Monday, July 7th. Needham & Company LLC raised their price target on shares of NVIDIA from $160.00 to $200.00 and gave the stock a "buy" rating in a research report on Wednesday. Mizuho set a $192.00 price target on shares of NVIDIA and gave the stock an "outperform" rating in a research report on Tuesday. William Blair reaffirmed an "outperform" rating on shares of NVIDIA in a report on Thursday, March 20th. Finally, The Goldman Sachs Group initiated coverage on shares of NVIDIA in a research note on Thursday, July 10th. They set a "buy" rating and a $185.00 target price on the stock. One analyst has rated the stock with a sell rating, four have given a hold rating, thirty-three have issued a buy rating and four have issued a strong buy rating to the company. Based on data from MarketBeat.com, NVIDIA currently has an average rating of "Moderate Buy" and a consensus price target of $181.22.

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.