NVIDIA (NASDAQ:NVDA) Stock Sold Sen. Sheldon Whitehouse

Senator Sheldon Whitehouse (Democratic-Rhode Island) recently sold shares of NVIDIA Corporation (NASDAQ:NVDA). In a filing disclosed on July 08th, the Senator disclosed that they had sold between $15,001 and $50,000 in NVIDIA stock on June 30th.

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

• Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 6/25/2026.
• Purchased $15,001 – $50,000 in shares of Coherent (NYSE:COHR) on 6/25/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 6/25/2026.
• Sold $15,001 – $50,000 in shares of Apple (NASDAQ:AAPL) on 6/24/2026.
• Sold $100,001 – $250,000 in shares of NVIDIA (NASDAQ:NVDA) on 5/8/2026.
• Sold $15,001 – $50,000 in shares of Oracle (NYSE:ORCL) on 5/7/2026.
• Sold $15,001 – $50,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 4/13/2026.

NVIDIA Stock Down 0.9%

NVDA stock traded down $1.80 during midday trading on Wednesday, reaching $210.00. 27,152,635 shares of the company’s stock traded hands, compared to its average volume of 166,600,922. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04. The firm’s fifty day moving average price is $209.87 and its 200-day moving average price is $194.76. NVIDIA Corporation has a 52 week low of $164.07 and a 52 week high of $236.54. The company has a market cap of $5.08 trillion, a price-to-earnings ratio of 32.20, a P/E/G ratio of 0.45 and a beta of 2.21.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, topping the consensus estimate of $1.76 by $0.11. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The company had revenue of $81.61 billion during the quarter, compared to the consensus estimate of $78.42 billion. During the same period in the previous year, the firm posted $0.81 earnings per share. The firm’s revenue for the quarter was up 85.2% on a year-over-year basis. As a group, sell-side analysts forecast that NVIDIA Corporation will post 8.8 earnings per share for the current fiscal year.

NVIDIA Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were issued a dividend of $0.25 per share. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Thursday, June 4th. NVIDIA’s dividend payout ratio is presently 15.31%.

NVIDIA announced that its board has initiated a stock repurchase plan on Wednesday, May 20th that allows the company to repurchase $80.00 billion in shares. This repurchase authorization allows the computer hardware maker to reacquire up to 1.5% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s management believes its stock is undervalued.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: KeyBanc raised its price target on NVIDIA to $330 from $310 and kept an Overweight rating, reinforcing optimism about near-term upside. What Is Going on With NVIDIA Stock on Tuesday?
• Positive Sentiment: Jensen Huang pushed back on reports that Vera Rubin is delayed, saying “giant amounts of production” are coming, which helps ease concerns about the company’s next major AI chip rollout. Jensen Huang Denies Reports Of Nvidia’s Vera Rubin Being Delayed Due To Production Issues — ‘Giant Amounts Of Production Incoming’
• Positive Sentiment: Multiple pieces highlighted NVIDIA’s expanding AI moat beyond GPUs into networking, CPUs, and full-stack infrastructure, suggesting a broader and more durable growth story. Why NVIDIA (NVDA) Is Expanding Its AI Leadership Beyond GPUs With Networking, CPUs, and Full-Stack Infrastructure
• Positive Sentiment: Reports of limited H200 chip shipments to China were described as “trivial” and “very few,” which may reduce worries that China restrictions are materially hurting NVIDIA’s near-term business. U.S. trade official says ‘very few’ Nvidia H200 AI chips have been shipped to China
• Positive Sentiment: Analysts and market commentary continue to frame NVIDIA as a beneficiary of ongoing AI infrastructure spending, with some saying the stock is regaining momentum after underperforming peers earlier this year. Nvidia Stock Is Fighting Back Against Chip Laggard Tag

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in NVDA. Norges Bank bought a new stake in NVIDIA in the fourth quarter worth $62,244,133,000. J. Stern & Co. LLP increased its position in NVIDIA by 13,709.1% during the fourth quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker’s stock valued at $23,454,297,000 after acquiring an additional 124,849,603 shares during the last quarter. Cardano Risk Management B.V. increased its position in NVIDIA by 896.4% during the fourth quarter. Cardano Risk Management B.V. now owns 78,123,960 shares of the computer hardware maker’s stock valued at $14,570,119,000 after acquiring an additional 70,283,539 shares during the last quarter. Capital Research Global Investors lifted its holdings in shares of NVIDIA by 16.1% in the 3rd quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker’s stock worth $30,855,564,000 after acquiring an additional 22,896,705 shares during the last quarter. Finally, Laurel Wealth Advisors LLC boosted its stake in shares of NVIDIA by 15,496.1% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker’s stock worth $3,454,534,000 after purchasing an additional 21,725,326 shares during the period. Institutional investors own 65.27% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on NVDA shares. Weiss Ratings reiterated a “buy (b)” rating on shares of NVIDIA in a research note on Wednesday, July 8th. Susquehanna reiterated a “positive” rating and set a $275.00 price target (up from $250.00) on shares of NVIDIA in a research report on Tuesday, May 12th. Citic Securities upped their target price on NVIDIA from $242.00 to $315.00 and gave the company a “buy” rating in a report on Friday, May 22nd. Benchmark reissued a “buy” rating and issued a $335.00 target price (up from $250.00) on shares of NVIDIA in a research note on Thursday, May 21st. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $270.00 price target on shares of NVIDIA in a research note on Tuesday, June 2nd. Two research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $304.26.

Insider Activity at NVIDIA

In other news, Director John Dabiri sold 625 shares of NVIDIA stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total transaction of $133,750.00. Following the completion of the sale, the director directly owned 14,163 shares in the company, valued at approximately $3,030,882. This trade represents a 4.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 dated 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 sale, the director owned 5,207,271 shares of the company’s stock, valued at $1,094,412,146.07. The trade was a 14.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 1,901,125 shares of company stock worth $410,583,015. Insiders own 3.94% 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.

NVIDIA Company Profile

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.