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

Senator Sheldon Whitehouse (Democratic-Rhode Island) recently sold shares of NVIDIA Corporation (NASDAQ:NVDA). In a filing disclosed on June 02nd, the Senator disclosed that they had sold between $100,001 and $250,000 in NVIDIA stock on May 8th.

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

• 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.
• Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 3/30/2026.

NVIDIA Stock Down 0.7%

NVDA stock opened at $222.82 on Wednesday. NVIDIA Corporation has a fifty-two week low of $137.95 and a fifty-two week high of $236.54. The company has a market capitalization of $5.39 trillion, a price-to-earnings ratio of 34.12, a price-to-earnings-growth ratio of 0.54 and a beta of 2.22. The business’s 50 day moving average price is $200.19 and its two-hundred day moving average price is $189.85. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, beating the consensus estimate of $1.76 by $0.11. The company had revenue of $81.62 billion for the quarter, compared to analyst estimates of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The firm’s revenue was up 85.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.81 earnings per share. As a group, analysts forecast that NVIDIA Corporation will post 8.04 earnings per share for the current fiscal year.

NVIDIA announced that its Board of Directors has approved a stock buyback program on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in shares. This repurchase authorization authorizes the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its stock is undervalued.

NVIDIA Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Thursday, June 4th will be given a $0.25 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. NVIDIA’s dividend payout ratio is 0.61%.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA unveiled its RTX Spark PC superchip and a broader push into AI PCs with partners like Microsoft, Dell, HP, and Lenovo, opening a new market beyond data centers and pressuring Intel, AMD, and Qualcomm. Nvidia’s new chip to power fresh line of Windows laptops by Dell, HP
• Positive Sentiment: The company also launched Vera Rubin, Vera CPU, and the DSX AI-factory platform, signaling stronger long-term demand for its chips, networking, software, and infrastructure tools. NVIDIA Vera Rubin ramps into full production
• Positive Sentiment: CEO Jensen Huang’s comments boosted the AI ecosystem around NVIDIA, with Marvell, Arm, and several infrastructure partners rallying on his endorsements and product roadmap. Nvidia’s Jensen Huang says Marvell could be the next trillion-dollar company
• Positive Sentiment: Needham reaffirmed a Buy rating and raised its price target to $270, adding to a generally bullish analyst backdrop for NVDA. Benzinga report on Needham rating
• Neutral Sentiment: Some articles noted that NVDA has been consolidating near highs and that a near-term pullback is possible after the recent run, even though the longer-term thesis remains intact.
• Negative Sentiment: There were also reminders of risks, including U.S.-China export scrutiny, Chinese efforts to build alternatives, and reports of insider selling, which could temper enthusiasm around the stock.

Insider Buying and Selling

In other NVIDIA news, Director John Dabiri sold 625 shares of NVIDIA stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total value of $133,750.00. Following the completion of the sale, the director owned 14,163 shares of the company’s stock, valued at approximately $3,030,882. The trade was a 4.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Ajay K. Puri sold 300,000 shares of the business’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $182.25, for a total transaction of $54,675,000.00. Following the sale, the executive vice president owned 3,018,547 shares of the company’s stock, valued at approximately $550,130,190.75. This represents a 9.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 906,961 shares of company stock valued at $162,936,268 in the last ninety days. Corporate insiders own 3.94% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on NVDA. UBS Group raised their price objective on NVIDIA from $275.00 to $280.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. BNP Paribas Exane increased their price target on shares of NVIDIA from $270.00 to $285.00 and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Weiss Ratings reissued a “buy (b)” rating on shares of NVIDIA in a research report on Friday, April 10th. Craig Hallum boosted their price objective on shares of NVIDIA from $245.00 to $275.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Finally, DZ Bank reaffirmed a “buy” rating on shares of NVIDIA in a research note on Thursday, May 21st. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, NVIDIA presently has an average rating of “Buy” and an average price target of $305.38.

Institutional Investors Weigh In On NVIDIA

Institutional investors have recently made changes to their positions in the company. Lifetime Wealth Management P.C. purchased a new position in NVIDIA in the 4th quarter worth about $26,000. Longview Financial Advisors Inc. purchased a new stake in shares of NVIDIA during the 1st quarter valued at about $27,000. Longfellow Investment Management Co. LLC grew its stake in shares of NVIDIA by 47.9% in the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock worth $33,000 after acquiring an additional 67 shares during the period. Phillip James Consulting Co. purchased a new position in shares of NVIDIA during the first quarter valued at approximately $40,000. Finally, Inspire Investing LLC bought a new position in NVIDIA during the fourth quarter valued at approximately $44,000. Hedge funds and other institutional investors 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, 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.