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

Key Points

• Representative Cleo Fields purchased between $50,001 and $100,000 in shares of NVIDIA Corporation on August 1st, according to a filing made on September 3rd.
• NVIDIA recently announced a quarterly dividend of $0.01 per share, with a payout date set for October 2nd.
• Several analysts have increased their price targets for NVIDIA, with estimates ranging from $165.00 to $220.00, reflecting a strong bullish sentiment towards the stock.

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 $50,001 and $100,000 in NVIDIA stock on August 1st. 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 $15,001 - $50,000 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.

NVIDIA Stock Down 2.7%

NVDA stock traded down $4.64 during trading on Friday, reaching $167.02. The stock had a trading volume of 223,875,375 shares, compared to its average volume of 167,410,624. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $184.48. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $4.06 trillion, a P/E ratio of 47.58, a PEG ratio of 1.25 and a beta of 2.10. The firm has a fifty day moving average price of $172.73 and a 200 day moving average price of $140.20.

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

NVIDIA Announces Dividend

The company 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 $0.01 dividend. The ex-dividend date is Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA's payout ratio is currently 1.14%.

Analyst Upgrades and Downgrades

NVDA has been the subject of several research analyst reports. Needham & Company LLC reissued a "buy" rating and issued a $200.00 target price on shares of NVIDIA in a research report on Thursday, August 28th. Piper Sandler set a $225.00 target price on shares of NVIDIA and gave the stock an "overweight" rating in a research report on Wednesday, August 13th. Wedbush reissued an "outperform" rating and issued a $210.00 target price on shares of NVIDIA in a research report on Thursday, August 28th. Citigroup reissued a "buy" rating and issued a $210.00 target price (up previously from $190.00) on shares of NVIDIA in a research report on Thursday, August 28th. Finally, BNP Paribas raised shares of NVIDIA to a "hold" rating in a research report on Friday, August 1st. Four research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $207.69.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of NVDA. Kingstone Capital Partners Texas LLC boosted its stake in NVIDIA by 267,959.7% during 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. Norges Bank acquired a new position in NVIDIA during the 2nd quarter valued at about $51,386,863,000. Nuveen LLC acquired a new position in NVIDIA during the 1st quarter valued at about $15,089,414,000. Goldman Sachs Group Inc. boosted its stake in NVIDIA by 123.5% during the 1st 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 purchasing an additional 103,889,872 shares during the period. Finally, GAMMA Investing LLC boosted its stake in NVIDIA by 12,173.2% during the 1st quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker's stock valued at $5,293,039,000 after purchasing an additional 48,439,859 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of $152.54, for a total transaction of $11,440,500.00. Following the completion of the transaction, the chief executive officer directly owned 75,548,225 shares of the company's stock, valued at $11,524,126,241.50. The trade was a 0.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Mark A. Stevens sold 608,248 shares of the company's stock in a transaction that occurred on Wednesday, June 18th. The stock was sold at an average price of $145.26, for a total transaction of $88,354,104.48. Following the completion of the sale, the director directly owned 8,247,600 shares of the company's stock, valued at approximately $1,198,046,376. This represents a 6.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 4,872,755 shares of company stock valued at $764,283,330. Company insiders own 4.17% of the company's stock.

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.

About NVIDIA

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.