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

Key Points

• Representative Cleo Fields disclosed a purchase of NVIDIA shares valued between $50,001 and $100,000 on September 3rd, as part of multiple stock transactions including Oracle, Amazon, and Meta.
• NVIDIA reported $1.05 EPS for its last quarter, exceeding analysts' expectations, and projected significant year-on-year revenue growth of 55.6%.
• Stock analysts have set a consensus target price range for NVIDIA shares around $210 to $250, with multiple buy ratings reflecting positive market sentiment following strong performance metrics.

Representative Cleo Fields (D-Louisiana) recently bought shares of NVIDIA Corporation NASDAQ: NVDA. In a filing disclosed on September 30th, the Representative disclosed that they had bought between $50,001 and $100,000 in NVIDIA stock on September 3rd.

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

• Purchased $15,001 - $50,000 in shares of Oracle NYSE: ORCL on 9/23/2025.
• Purchased $1,001 - $15,000 in shares of Opendoor Technologies NASDAQ: OPEN on 9/19/2025.
• Purchased $15,001 - $50,000 in shares of Oracle NYSE: ORCL on 9/18/2025.
• Purchased $15,001 - $50,000 in shares of Amazon.com NASDAQ: AMZN on 9/17/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 9/17/2025.
• Purchased $50,001 - $100,000 in shares of Oracle NYSE: ORCL on 9/17/2025.
• Purchased $15,001 - $50,000 in shares of Alphabet NASDAQ: GOOG on 9/17/2025.
• Purchased $15,001 - $50,000 in shares of Meta Platforms NASDAQ: META on 9/17/2025.
• Purchased $15,001 - $50,000 in shares of Broadcom NASDAQ: AVGO on 9/17/2025.
• Purchased $50,001 - $100,000 in shares of Amazon.com NASDAQ: AMZN on 9/10/2025.

NVIDIA Trading Up 0.4%

NASDAQ NVDA opened at $187.24 on Thursday. The firm has a market capitalization of $4.55 trillion, a PE ratio of 53.34, a P/E/G ratio of 1.35 and a beta of 2.12. The stock's 50 day moving average is $177.52 and its 200 day moving average is $147.17. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $188.14. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08.

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

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA's dividend payout ratio (DPR) is presently 1.14%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Kingstone Capital Partners Texas LLC boosted its position in NVIDIA by 267,959.7% in the second quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker's stock worth $64,976,521,000 after purchasing an additional 382,231,120 shares during the last quarter. Norges Bank bought a new position in shares of NVIDIA in the 2nd quarter worth approximately $51,386,863,000. Nuveen LLC purchased a new position in shares of NVIDIA in the first quarter worth approximately $15,089,414,000. Goldman Sachs Group Inc. grew its position in NVIDIA by 123.5% during 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 buying an additional 103,889,872 shares during the period. Finally, GAMMA Investing LLC increased its holdings in NVIDIA by 12,173.2% during 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 buying an additional 48,439,859 shares during the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction on Monday, July 14th. The shares were sold at an average price of $164.36, for a total transaction of $12,327,000.00. Following the completion of the sale, the chief executive officer owned 74,648,225 shares of the company's stock, valued at $12,269,182,261. The trade was a 0.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Mark A. Stevens sold 350,000 shares of the company's stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.39, for a total value of $61,736,500.00. Following the completion of the sale, the director owned 7,399,803 shares of the company's stock, valued at $1,305,251,251.17. This trade represents a 4.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,022,407 shares of company stock worth $700,382,754 in the last 90 days. 4.17% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts recently issued reports on NVDA shares. Stifel Nicolaus lifted their price target on shares of NVIDIA from $202.00 to $212.00 and gave the company a "buy" rating in a research report on Monday, August 25th. Citigroup reiterated a "buy" rating and set a $210.00 target price (up from $200.00) on shares of NVIDIA in a report on Tuesday. Loop Capital upped their price target on NVIDIA from $175.00 to $250.00 and gave the stock a "buy" rating in a research note on Wednesday, June 25th. UBS Group reaffirmed a "buy" rating on shares of NVIDIA in a research report on Tuesday, September 23rd. Finally, Wedbush reissued an "outperform" rating and issued a $210.00 target price on shares of NVIDIA in a report on Thursday, August 28th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $211.00.

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.

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