Rep. Cleo Fields Purchases Shares of NVIDIA Corporation (NASDAQ:NVDA)

Representative Cleo Fields (D-Louisiana) recently bought shares of NVIDIA Corporation (NASDAQ:NVDA). In a filing disclosed on September 03rd, the Representative disclosed that they had bought between $15,001 and $50,000 in NVIDIA stock on August 20th. The trade occurred in the Representative’s “MORGAN STANLEY – E*TRADE #2” account.

Representative Cleo Fields also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/22/2025.
• Purchased $15,001 – $50,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 8/15/2025.
• Purchased $15,001 – $50,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 8/15/2025.
• Purchased $15,001 – $50,000 in shares of Broadcom (NASDAQ:AVGO) on 8/15/2025.
• Purchased $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 8/15/2025.
• Purchased $50,001 – $100,000 in shares of Amazon.com (NASDAQ:AMZN) on 8/15/2025.
• Purchased $100,001 – $250,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/15/2025.
• Purchased $15,001 – $50,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/15/2025.
• Purchased $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 8/14/2025.
• Purchased $50,001 – $100,000 in shares of Broadcom (NASDAQ:AVGO) on 8/13/2025.

NVIDIA Trading Down 2.7%

Shares of NVIDIA stock opened at $167.02 on Friday. The company has a market capitalization of $4.06 trillion, a P/E ratio of 47.58, a P/E/G ratio of 1.25 and a beta of 2.10. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The company has a fifty day moving average of $172.73 and a 200 day moving average of $140.20. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.48.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.04. The company had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. NVIDIA’s quarterly revenue was up 55.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, sell-side analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be issued a $0.01 dividend. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s dividend payout ratio is currently 1.14%.

Hedge Funds Weigh In On NVIDIA

A number of institutional investors have recently modified their holdings of the stock. FMR LLC boosted its stake in NVIDIA by 0.7% in the fourth quarter. FMR LLC now owns 1,004,376,608 shares of the computer hardware maker’s stock valued at $134,877,735,000 after acquiring an additional 6,665,252 shares in the last quarter. State Street Corp boosted its stake in NVIDIA by 1.0% in the second quarter. State Street Corp now owns 978,208,862 shares of the computer hardware maker’s stock valued at $154,556,803,000 after acquiring an additional 9,554,857 shares in the last quarter. Geode Capital Management LLC boosted its stake in NVIDIA by 1.5% in the second quarter. Geode Capital Management LLC now owns 579,213,497 shares of the computer hardware maker’s stock valued at $91,150,170,000 after acquiring an additional 8,521,936 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in NVIDIA by 0.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 411,328,951 shares of the computer hardware maker’s stock valued at $55,237,367,000 after acquiring an additional 3,721,331 shares in the last quarter. Finally, Kingstone Capital Partners Texas LLC boosted its stake in NVIDIA by 267,959.7% in the second quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock valued at $64,976,521,000 after acquiring an additional 382,231,120 shares in the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $169.65, for a total value of $12,723,750.00. Following the completion of the transaction, the chief executive officer owned 72,698,366 shares of the company’s stock, valued at approximately $12,333,277,791.90. This trade represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Dawn E. Hudson sold 18,000 shares of NVIDIA stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $172.00, for a total value of $3,096,000.00. Following the transaction, the director owned 368,887 shares of the company’s stock, valued at $63,448,564. The trade was a 4.65% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 4,872,755 shares of company stock valued at $764,283,330. 4.17% of the stock is owned by insiders.

Analysts Set New Price Targets

NVDA has been the subject of several research reports. BNP Paribas raised shares of NVIDIA to a “hold” rating in a report on Friday, August 1st. Robert W. Baird increased their price objective on shares of NVIDIA from $195.00 to $225.00 and gave the company an “outperform” rating in a report on Monday, August 25th. KeyCorp reissued an “overweight” rating and set a $230.00 price objective (up previously from $215.00) on shares of NVIDIA in a report on Thursday, August 28th. Benchmark increased their price objective on shares of NVIDIA from $190.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Finally, Raymond James Financial increased their price objective on shares of NVIDIA from $150.00 to $165.00 and gave the company a “strong-buy” rating in a report on Thursday, May 29th. Four research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $207.69.

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana’s 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026.

Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor’s degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

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.