Rep. John McGuire Purchases NVIDIA Corporation (NASDAQ:NVDA) Stock

Posted by Ethan Ryder on Sep 4th, 2026

Representative John McGuire (Republican-Virginia) recently bought shares of NVIDIA Corporation (NASDAQ:NVDA). In a filing disclosed on September 02nd, the Representative disclosed that they had bought between $1,001 and $15,000 in NVIDIA stock on August 18th. The trade occurred in the Representative’s “MERRILL LYNCH SEP IRA” account.

Representative John McGuire also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 8/18/2026.
Sold $1,001 – $15,000 in shares of Palo Alto Networks (NASDAQ:PANW) on 7/31/2026.
Purchased $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 7/15/2026.
Sold $1,001 – $15,000 in shares of BlackRock (NYSE:BLK) on 7/14/2026.
Sold $1,001 – $15,000 in shares of BlackRock (NYSE:BLK) on 7/10/2026.

NVIDIA Price Performance

NASDAQ NVDA opened at $228.45 on Friday. The firm has a market cap of $5.51 trillion, a P/E ratio of 28.88, a price-to-earnings-growth ratio of 1.76 and a beta of 2.22. The stock’s 50-day moving average is $209.85 and its two-hundred day moving average is $201.85. NVIDIA Corporation has a fifty-two week low of $164.07 and a fifty-two week high of $236.54. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85.

NVIDIA (NASDAQ:NVDA – Get Free Report) last released its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, beating analysts’ consensus estimates of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The company had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. During the same quarter last year, the firm posted $1.05 earnings per share. The company’s quarterly revenue was up 105.9% compared to the same quarter last year. On average, analysts anticipate that NVIDIA Corporation will post 9.1 earnings per share for the current fiscal year.

NVIDIA declared that its Board of Directors has approved a stock buyback program on Wednesday, May 20th that allows the company to buyback $80.00 billion in outstanding shares. This buyback authorization allows the computer hardware maker to reacquire up to 1.5% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. NVIDIA’s payout ratio is presently 12.64%.

Institutional Investors Weigh In On NVIDIA

Several institutional investors and hedge funds have recently bought and sold shares of NVDA. MLG Wealth Management DBA Pine Grove Financial Group grew its position in NVIDIA by 5.0% in the second quarter. MLG Wealth Management DBA Pine Grove Financial Group now owns 19,481 shares of the computer hardware maker’s stock valued at $3,873,000 after acquiring an additional 929 shares during the period. Range Advisory LLC boosted its stake in shares of NVIDIA by 44.7% in the 2nd quarter. Range Advisory LLC now owns 92,041 shares of the computer hardware maker’s stock valued at $18,416,000 after purchasing an additional 28,432 shares in the last quarter. Brown Lisle Cummings Inc. boosted its stake in shares of NVIDIA by 3.5% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 31,140 shares of the computer hardware maker’s stock valued at $6,231,000 after purchasing an additional 1,058 shares in the last quarter. Agur Provident & Training Funds Management Ltd. bought a new stake in shares of NVIDIA in the 2nd quarter worth about $15,161,000. Finally, Alternative Investment Advisors LLC. grew its holdings in shares of NVIDIA by 1.8% in the 2nd quarter. Alternative Investment Advisors LLC. now owns 22,008 shares of the computer hardware maker’s stock worth $4,404,000 after purchasing an additional 383 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: Hugging Face acquisition expands NVIDIA’s AI moat: NVIDIA agreed to acquire open-source AI platform Hugging Face for approximately $12.93 billion. The deal could strengthen CUDA adoption, retain developers and give NVIDIA greater influence over model development and deployment. NVIDIA agrees to buy Hugging Face
Positive Sentiment: AI demand remains well above expectations: Management’s outlook for roughly 70% revenue growth in fiscal 2028 is substantially above the approximately 45% growth analysts had modeled. Reports of a roughly $2 trillion backlog among cloud customers further support expectations for sustained data-center spending. NVIDIA cloud customer backlog
Positive Sentiment: Broader ecosystem investments are accelerating: NVIDIA’s equity investments reached $99 billion, spanning AI developers, cloud providers and infrastructure companies such as OpenAI, CoreWeave and Nebius. Its partnerships in inference, networking, MediaTek and robotics also broaden potential revenue streams beyond GPUs. NVIDIA AI investments reach $99 billion
Positive Sentiment: Customer commentary validates infrastructure demand: Dell’s stronger results and guidance, along with a reported $6 billion GPU deployment opportunity tied to Figure Robotics, provided additional evidence that enterprise, cloud and robotics customers continue investing heavily in NVIDIA systems. NVIDIA gains confidence from expanding AI customers
Neutral Sentiment: New product opportunities: Lenovo and Acer are expected to launch RTX Spark-powered AI PCs in October, while NVIDIA continues developing Vera server CPUs and inference products. These initiatives could diversify growth but require successful adoption. NVIDIA RTX Spark AI PC launch
Negative Sentiment: Margin and policy risks remain: Rising memory and networking costs may pressure gross margins, while semiconductor tariffs could disrupt supply chains. Investors are also monitoring weaker operating cash flow and higher receivables, suggesting customers may be taking longer to pay. NVIDIA margin risks from memory costs
Negative Sentiment: Insider selling and concentration risk: Executives and directors recently sold substantial holdings under planned transactions. NVIDIA’s enormous market capitalization and significant weighting in major indexes also leave the stock sensitive to profit-taking, interest rates and any slowdown in AI capital spending. NVIDIA insider selling

Insider Activity

In other news, EVP Timothy S. Teter sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $217.88, for a total transaction of $6,536,400.00. Following the completion of the sale, the executive vice president owned 2,687,660 shares of the company’s stock, valued at approximately $585,587,360.80. This trade represents a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 885,000 shares of NVIDIA stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total value of $186,000,450.00. Following the completion of the transaction, the director owned 5,207,271 shares of the company’s stock, valued at approximately $1,094,412,146.07. The trade was a 14.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,563,501 shares of company stock valued at $335,380,530 over the last three months. 3.94% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Barclays reiterated an “overweight” rating on shares of NVIDIA in a research note on Thursday, May 21st. Evercore set a $465.00 target price on NVIDIA and gave the company an “outperform” rating in a report on Thursday, August 27th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of NVIDIA in a research report on Wednesday, July 8th. Cantor Fitzgerald reiterated an “overweight” rating and set a $350.00 price target on shares of NVIDIA in a report on Monday, August 24th. Finally, BMO Capital Markets set a $340.00 price objective on NVIDIA and gave the company an “outperform” rating in a research report on Thursday, August 20th. Two investment analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, NVIDIA presently has an average rating of “Moderate Buy” and a consensus target price of $324.83.

Read Our Latest Report on NVDA

About Representative McGuire

John McGuire (Republican Party) is a member of the U.S. House, representing Virginia’s 5th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

McGuire (Republican Party) is running for re-election to the U.S. House to represent Virginia’s 5th Congressional District. He declared candidacy for the 2026 election.

John McGuire was born in Richmond, Virginia. McGuire graduated from Henrico High School. He served as a U.S. Navy Seal from 1988 to 1998. His professional experience includes founding SEAL Team Physical Training Inc.

About NVIDIA

(Get Free Report)

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company’s product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.