Representative Jefferson Shreve (R-Indiana) recently bought shares of NVIDIA Co. NASDAQ: NVDA. In a filing disclosed on March 09th, the Representative disclosed that they had bought between $15,001 and $50,000 in NVIDIA stock on February 24th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.
Representative Jefferson Shreve also recently made the following trade(s):
- Purchased $15,001 - $50,000 in shares of RTX NYSE: RTX on 2/24/2025.
- Purchased $15,001 - $50,000 in shares of Royal Gold NASDAQ: RGLD on 2/24/2025.
- Purchased $15,001 - $50,000 in shares of QUALCOMM NASDAQ: QCOM on 2/24/2025.
- Purchased $15,001 - $50,000 in shares of Pfizer NYSE: PFE on 2/24/2025.
- Sold $15,001 - $50,000 in shares of Norfolk Southern NYSE: NSC on 2/24/2025.
- Purchased $15,001 - $50,000 in shares of CoStar Group NASDAQ: CSGP on 2/24/2025.
- Purchased $50,001 - $100,000 in shares of AbbVie NYSE: ABBV on 2/24/2025.
- Purchased $15,001 - $50,000 in shares of Johnson & Johnson NYSE: JNJ on 2/24/2025.
- Purchased $15,001 - $50,000 in shares of The Cigna Group NYSE: CI on 2/24/2025.
- Purchased $15,001 - $50,000 in shares of Adobe NASDAQ: ADBE on 2/24/2025.
NVIDIA Stock Performance
Shares of NVIDIA stock traded up $6.09 during trading on Friday, reaching $121.67. The company's stock had a trading volume of 276,579,395 shares, compared to its average volume of 322,682,138. The firm has a market cap of $2.97 trillion, a PE ratio of 47.88, a P/E/G ratio of 1.76 and a beta of 1.77. The company has a 50-day moving average price of $129.71 and a two-hundred day moving average price of $131.20. The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13. NVIDIA Co. has a fifty-two week low of $75.61 and a fifty-two week high of $153.13.
NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its earnings results on Wednesday, February 26th. The computer hardware maker reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.05. The business had revenue of $39.33 billion during the quarter, compared to the consensus estimate of $38.16 billion. NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. On average, analysts forecast that NVIDIA Co. will post 2.77 EPS for the current year.
NVIDIA Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th will be issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.03%. The ex-dividend date is Wednesday, March 12th. NVIDIA's payout ratio is currently 1.36%.
Wall Street Analyst Weigh In
NVDA has been the topic of a number of analyst reports. Robert W. Baird lifted their price objective on shares of NVIDIA from $150.00 to $190.00 and gave the company an "outperform" rating in a research report on Thursday, November 21st. Barclays increased their price target on shares of NVIDIA from $160.00 to $175.00 and gave the stock an "overweight" rating in a report on Friday, January 17th. Summit Insights lowered NVIDIA from a "buy" rating to a "hold" rating in a report on Thursday, February 27th. Needham & Company LLC reissued a "buy" rating and set a $160.00 target price on shares of NVIDIA in a research note on Thursday, February 27th. Finally, HSBC decreased their price target on NVIDIA from $195.00 to $185.00 and set a "buy" rating on the stock in a research note on Monday, January 13th. Four research analysts have rated the stock with a hold rating, thirty-seven have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $171.51.
View Our Latest Stock Report on NVIDIA
Institutional Investors Weigh In On NVIDIA
A number of institutional investors have recently bought and sold shares of NVDA. Christopher J. Hasenberg Inc purchased a new position in NVIDIA in the third quarter valued at approximately $27,000. Tacita Capital Inc purchased a new position in NVIDIA in the fourth quarter valued at about $28,000. Legend Financial Advisors Inc. bought a new stake in shares of NVIDIA in the fourth quarter worth $34,000. West Financial Advisors LLC acquired a new stake in shares of NVIDIA during the 3rd quarter valued at approximately $36,000. Finally, Vision Financial Markets LLC bought a new stake in shares of NVIDIA during the 4th quarter valued at about $38,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In related news, EVP Ajay K. Puri sold 36,462 shares of the firm's stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $151.10, for a total value of $5,509,408.20. Following the sale, the executive vice president now directly owns 3,902,888 shares in the company, valued at $589,726,376.80. This trade represents a 0.93 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John Dabiri sold 2,663 shares of the business's stock in a transaction on Monday, March 10th. The stock was sold at an average price of $110.00, for a total value of $292,930.00. Following the transaction, the director now owns 17,279 shares of the company's stock, valued at $1,900,690. This trade represents a 13.35 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,039,125 shares of company stock valued at $137,062,338 over the last quarter. Insiders own 4.23% of the company's stock.
About Representative Shreve
Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election.
Email editor@ballotpedia.org to notify us of updates to this biography.
Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive.
Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.
NVIDIA Company Profile
(
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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