NVIDIA (NASDAQ:NVDA) Shares Sold by Rep. Daniel Meuser

Representative Daniel Meuser (Republican-Pennsylvania) recently sold shares of NVIDIA Corporation (NASDAQ:NVDA). In a filing disclosed on October 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in NVIDIA stock on August 31st. The trade occurred in the Representative’s “SCHWAB BROKERAGE ACCOUNT” account.

NVIDIA Stock Performance

NASDAQ NVDA opened at $221.30 on Thursday. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. NVIDIA Corporation has a 52-week low of $164.27 and a 52-week high of $243.37. The business’s 50-day moving average price is $223.43 and its 200 day moving average price is $210.73. The firm has a market cap of $5.33 trillion, a P/E ratio of 27.98, a P/E/G ratio of 1.77 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.09 by $0.13. The firm had revenue of $96.22 billion for the quarter, compared to analysts’ expectations of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%. The firm’s revenue for the quarter was up 105.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.05 EPS. On average, equities research analysts expect that NVIDIA Corporation will post 9.25 earnings per share for the current year.

NVIDIA announced that its Board of Directors has authorized a stock repurchase program on Monday, September 28th that allows the company to repurchase $150.00 billion in outstanding shares. This buyback authorization allows the computer hardware maker to purchase up to 2.8% of its shares through open market purchases. Stock buyback programs are generally a sign that the company’s board believes its stock is undervalued.

NVIDIA Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were paid a dividend of $0.25 per share. The ex-dividend date was Thursday, September 10th. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. NVIDIA’s dividend payout ratio is 12.64%.

Institutional Investors Weigh In On NVIDIA

A number of hedge funds have recently added to or reduced their stakes in NVDA. Boyd Wealth Management LLC grew its stake in NVIDIA by 273.4% in the 2nd quarter. Boyd Wealth Management LLC now owns 9,145 shares of the computer hardware maker’s stock valued at $1,830,000 after buying an additional 6,696 shares during the last quarter. Ally Financial Inc. increased its position in NVIDIA by 10.3% in the 2nd quarter. Ally Financial Inc. now owns 172,000 shares of the computer hardware maker’s stock worth $34,415,000 after buying an additional 16,000 shares during the period. Altshuler Shaham Ltd increased its position in NVIDIA by 6,451.9% in the 1st quarter. Altshuler Shaham Ltd now owns 637,236 shares of the computer hardware maker’s stock worth $111,134,000 after buying an additional 627,510 shares during the period. Storen Legacy Partners LLC acquired a new position in shares of NVIDIA during the fourth quarter worth approximately $1,350,000. Finally, Baker Tilly Wealth Management LLC lifted its holdings in shares of NVIDIA by 7.4% during the second quarter. Baker Tilly Wealth Management LLC now owns 71,898 shares of the computer hardware maker’s stock worth $14,386,000 after buying an additional 4,958 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Royal Bank Of Canada lifted their target price on NVIDIA from $300.00 to $330.00 and gave the company an “outperform” rating in a research note on Thursday, August 27th. Oppenheimer set a $315.00 price target on NVIDIA and gave the stock an “outperform” rating in a research note on Thursday, August 27th. Rosenblatt Securities reaffirmed a “buy” rating and set a $390.00 price target on shares of NVIDIA in a report on Tuesday, September 29th. KeyCorp reaffirmed an “overweight” rating and set a $330.00 price target on shares of NVIDIA in a report on Monday, August 24th. Finally, Raymond James Financial set a $515.00 price objective on shares of NVIDIA and gave the company a “strong-buy” rating in a research report on Thursday, August 27th. Five investment analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $321.89.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA announced a five-year, $250 million compute commitment to support U.K. AI safety and security research. The initiative strengthens NVIDIA’s relationships with governments, universities and AI developers while promoting its hardware and software ecosystem. NVIDIA pledges $250 million to boost UK AI safety research
• Positive Sentiment: New ecosystem announcements highlighted continued demand for NVIDIA technology. LSEG is using NVIDIA GPUs to accelerate historical market-data processing, while NVIDIA introduced tools including cuPotential for molecular simulation and expanded collaborations in AI-defined chip manufacturing. LSEG teams up with NVIDIA for faster market data processing
• Positive Sentiment: State Street launched a sector ETF designed to give NVIDIA a 20.93% allocation, above the 15.41% weighting in its comparable fund, potentially creating incremental demand for NVDA shares. New State Street Sector ETFs Give Biggest Stocks Full Weight
• Neutral Sentiment: CEO Jensen Huang said NVIDIA would stop supplying chips to customers developing unsafe AI systems. The stance may improve regulatory and reputational positioning, although broader AI-safety concerns could increase scrutiny of the company and industry. Nvidia, Anthropic Weigh In On AI Safeguards
• Negative Sentiment: Investors are assessing competitive threats from Microsoft’s Maia 300 architecture and Intel’s lower-cost, air-cooled Crescent Island inference GPU. Custom accelerators and cheaper inference solutions could pressure NVIDIA’s pricing, growth assumptions and market share over time. Microsoft Just Unveiled a Brand-New AI Chip
• Negative Sentiment: IDC reportedly estimates NVIDIA’s China AI-chip market share has fallen to 34% as Huawei gains ground, underscoring export restrictions and rising local competition. Separately, investor Michael Burry is betting against chip stocks, reinforcing valuation and AI-spending concerns. NVIDIA’s China AI chip market share falls to 34%

Insider Activity

In related news, EVP Timothy Teter sold 30,460 shares of the company’s stock in a transaction on Monday, September 21st. The shares were sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the completion of the transaction, the executive vice president directly owned 2,687,660 shares in the company, valued at $598,810,648. This represents a 1.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Colette Kress sold 34,918 shares of the firm’s stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the completion of the sale, the chief financial officer owned 765,103 shares in the company, valued at $167,595,812.15. This represents a 4.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 1,766,118 shares of company stock valued at $399,450,353. 3.94% of the stock is owned by company insiders.

About Representative Meuser

Dan Meuser (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 9th Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027.

Meuser (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 9th Congressional District. He declared candidacy for the 2026 election.

On October 22, 2023, Meuser announced he was running to replace Kevin McCarthy (R) as speaker of the U.S. House in the 118th Congress. On October 23, Meuser withdrew from the race.

Prior to joining Congress, Meuser served as the head of the Pennsylvania Department of Revenue from 2011 to 2015 under Gov. Tom Corbett (R). He also worked as the President of Pride Mobility Corporation, a motorized wheelchair manufacturer.

NVIDIA Company Profile

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processing units (GPUs), central processing units (CPUs), networking products and related software. Its technologies are used in artificial intelligence, data centers, scientific and technical computing, gaming, professional visualization, automotive systems and robotics.

The company’s products include GeForce GPUs and gaming software, data center computing platforms, networking solutions, and enterprise software for AI development and deployment.