Sen. Sheldon Whitehouse Sells Off Shares of NVIDIA Corporation (NASDAQ:NVDA)

Key Points

• Senator Sheldon Whitehouse sold between $15,001 and $50,000 in shares of NVIDIA Corporation on July 7th as part of his asset management.
• NVIDIA's recent earnings report showed a quarterly revenue of $44.06 billion, exceeding analyst expectations, but earnings per share fell short of estimates.
• Wall Street analysts have largely maintained a positive outlook for NVIDIA, with multiple firms adjusting their price targets upwards, some reaching as high as $250.00.

Senator Sheldon Whitehouse (D-Rhode Island) recently sold shares of NVIDIA Corporation NASDAQ: NVDA. In a filing disclosed on August 04th, the Senator disclosed that they had sold between $15,001 and $50,000 in NVIDIA stock on July 7th.

Senator Sheldon Whitehouse also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Analog Devices NASDAQ: ADI on 7/3/2025.

NVIDIA Price Performance

NVDA stock opened at $180.00 on Tuesday. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $183.30. 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 stock has a market cap of $4.39 trillion, a price-to-earnings ratio of 58.06, a price-to-earnings-growth ratio of 1.53 and a beta of 2.14. The business has a fifty day moving average of $156.27 and a two-hundred day moving average of $132.58.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings results 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). The business had revenue of $44.06 billion for the quarter, compared to analysts' expectations of $43.09 billion. NVIDIA had a return on equity of 105.09% and a net margin of 51.69%. The business's revenue for the quarter was up 69.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.61 earnings per share. As a group, research analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 3rd. Investors of record on Wednesday, June 11th were given a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date was Wednesday, June 11th. NVIDIA's dividend payout ratio is presently 1.29%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Benchmark reiterated a "buy" rating and set a $190.00 price target on shares of NVIDIA in a research report on Thursday, May 29th. Piper Sandler reiterated an "overweight" rating and issued a $180.00 target price (up previously from $150.00) on shares of NVIDIA in a report on Wednesday, May 28th. Raymond James Financial upped their price target on NVIDIA from $150.00 to $165.00 and gave the stock a "strong-buy" rating in a research note on Thursday, May 29th. Jefferies Financial Group lifted their price objective on NVIDIA from $185.00 to $200.00 in a research note on Wednesday, July 16th. Finally, Loop Capital boosted their price objective on NVIDIA from $175.00 to $250.00 and gave the company a "buy" rating in a report on Wednesday, June 25th. One research analyst has rated the stock with a sell rating, four have given a hold rating, thirty-three have assigned a buy rating and four have issued a strong buy rating to the company. Based on data from MarketBeat, NVIDIA currently has a consensus rating of "Moderate Buy" and an average price target of $182.03.

Insider Buying and Selling at NVIDIA

In related news, CFO Colette Kress sold 27,650 shares of NVIDIA 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 transaction, the chief financial officer directly owned 2,984,516 shares in the company, valued at $510,023,939.24. This trade represents a 0.92% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director A Brooke Seawell sold 48,792 shares of the business's stock in a transaction on Monday, July 14th. The shares were sold at an average price of $163.96, for a total transaction of $7,999,936.32. Following the completion of the transaction, the director directly owned 1,729,478 shares in the company, valued at $283,565,212.88. This represents a 2.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 5,339,800 shares of company stock valued at $800,141,003 in the last ninety days. Insiders own 4.17% of the company's stock.

Institutional Trading of NVIDIA

Hedge funds and other institutional investors have recently made changes to their positions in the company. Tacita Capital Inc acquired a new stake in NVIDIA during the 4th quarter worth $28,000. Harbor Asset Planning Inc. acquired a new stake in shares of NVIDIA during the second quarter worth about $28,000. Vision Financial Markets LLC purchased a new position in shares of NVIDIA during the fourth quarter worth about $38,000. Kathleen S. Wright Associates Inc. increased its position in NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after acquiring an additional 254 shares during the period. Finally, Copia Wealth Management purchased a new stake in NVIDIA during the 4th quarter valued at approximately $50,000. Institutional investors and hedge funds own 65.27% of the company's stock.

About Senator Whitehouse

Sheldon Whitehouse (Democratic Party) is a member of the U.S. Senate from Rhode Island. He assumed office on January 3, 2007. His current term ends on January 3, 2031. Whitehouse (Democratic Party) ran for re-election to the U.S. Senate to represent Rhode Island. He won in the general election on November 5, 2024.

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.

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