NVIDIA (NASDAQ:NVDA) Stock Unloaded Rep. Jefferson Shreve

Representative Jefferson Shreve (R-Indiana) recently sold shares of NVIDIA Corporation NASDAQ: NVDA. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $500,001 and $1,000,000 in NVIDIA stock on May 12th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
• Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
• Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
• Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
• Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.

NVIDIA Price Performance

NVDA traded down $0.24 during trading on Friday, reaching $173.50. 121,814,931 shares of the company traded hands, compared to its average volume of 162,110,176. The firm has a fifty day simple moving average of $150.95 and a 200 day simple moving average of $130.86. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $174.72. The company has a market cap of $4.23 trillion, a P/E ratio of 55.97, a PEG ratio of 1.53 and a beta of 2.13. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.96 and a current ratio of 3.39.

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

NVIDIA Dividend Announcement

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

Institutional Trading of NVIDIA

A number of hedge funds have recently bought and sold shares of NVDA. Defender Capital LLC. increased its position in NVIDIA by 46.6% during the second quarter. Defender Capital LLC. now owns 6,450 shares of the computer hardware maker's stock worth $1,019,000 after buying an additional 2,050 shares during the last quarter. NorthRock Partners LLC grew its position in NVIDIA by 3.5% during the 2nd quarter. NorthRock Partners LLC now owns 445,110 shares of the computer hardware maker's stock worth $70,346,000 after acquiring an additional 14,890 shares during the last quarter. Verdence Capital Advisors LLC lifted its position in shares of NVIDIA by 10.9% during the second quarter. Verdence Capital Advisors LLC now owns 82,911 shares of the computer hardware maker's stock worth $13,099,000 after purchasing an additional 8,140 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in NVIDIA by 11.9% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,182,310 shares of the computer hardware maker's stock valued at $186,793,000 after acquiring an additional 125,965 shares during the last quarter. Finally, Endowment Wealth Management Inc. bought a new stake in shares of NVIDIA during the 2nd quarter valued at $250,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at NVIDIA

In other news, Director A Brooke Seawell sold 48,792 shares of the business's stock in a transaction dated 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. The trade was a 2.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Colette Kress sold 27,650 shares of the firm's stock in a transaction that occurred 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 transaction, the chief financial officer owned 2,984,516 shares of the company's stock, 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 5,114,800 shares of company stock worth $760,553,003 in the last ninety days. Company insiders own 4.17% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Seaport Res Ptn raised shares of NVIDIA to a "strong sell" rating in a report on Wednesday, April 30th. Arete Research raised NVIDIA to a "strong-buy" rating in a report on Wednesday, May 21st. Barclays boosted their price target on shares of NVIDIA from $170.00 to $200.00 and gave the stock an "overweight" rating in a research note on Tuesday, June 17th. Mizuho set a $192.00 price target on NVIDIA and gave the stock an "outperform" rating in a research note on Tuesday, July 15th. Finally, UBS Group reiterated a "buy" rating on shares of NVIDIA in a research report on Friday, May 23rd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, thirty-three have given a buy rating and four have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $181.22.

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

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.