Sen. Sheldon Whitehouse Unloads Shares of NVIDIA Corporation (NASDAQ:NVDA)

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 Price Performance

NVDA traded down $3.52 during midday trading on Monday, hitting $207.44. The company had a trading volume of 29,145,752 shares, compared to its average volume of 167,309,203. NVIDIA Corporation has a twelve month low of $162.02 and a twelve month high of $236.54. The company has a market capitalization of $5.02 trillion, a PE ratio of 31.66, a P/E/G ratio of 0.46 and a beta of 2.21. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. The firm’s 50-day simple moving average is $209.48 and its 200-day simple moving average is $194.49.

NVIDIA (NASDAQ:NVDAGet Free Report) last released its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, beating 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 business had revenue of $81.61 billion for the quarter, compared to analysts’ expectations of $78.42 billion. During the same period in the prior year, the firm earned $0.81 earnings per share. NVIDIA’s revenue was up 85.2% compared to the same quarter last year. Equities research analysts predict that NVIDIA Corporation will post 8.8 EPS for the current fiscal year.

NVIDIA Increases Dividend

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

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

Analyst Ratings Changes

A number of research analysts have commented on the company. Barclays reiterated an “overweight” rating on shares of NVIDIA in a research report on Thursday, May 21st. Evercore reaffirmed an “outperform” rating and set a $413.00 price target (up from $352.00) on shares of NVIDIA in a research note on Thursday, May 21st. Daiwa Securities Group raised their price target on NVIDIA from $215.00 to $255.00 and gave the company an “outperform” rating in a report on Friday, May 22nd. Jefferies Financial Group reiterated a “buy” rating and issued a $300.00 price objective (up from $275.00) on shares of NVIDIA in a research report on Thursday, May 21st. Finally, Morgan Stanley set a $288.00 target price on shares of NVIDIA and gave the company an “overweight” rating in a research report on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, NVIDIA has a consensus rating of “Buy” and a consensus target price of $303.84.

Read Our Latest Stock Analysis on NVDA

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

Insider Buying and Selling

In related news, Director Mark A. Stevens sold 885,000 shares of the company’s 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 directly owned 5,207,271 shares of the company’s stock, valued at approximately $1,094,412,146.07. This represents a 14.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Stephen C. Neal sold 15,500 shares of the stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total value of $3,343,815.00. Following the transaction, the director owned 116,135 shares of the company’s stock, valued at approximately $25,053,803.55. This trade represents a 11.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,901,125 shares of company stock worth $410,583,015 over the last ninety days. Company insiders own 3.94% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Defender Capital LLC. lifted its holdings in shares of NVIDIA by 0.7% during the 2nd quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker’s stock valued at $1,507,000 after purchasing an additional 50 shares in the last quarter. Spectrum Financial Alliance Ltd LLC lifted its stake in NVIDIA by 3.8% in the first quarter. Spectrum Financial Alliance Ltd LLC now owns 1,395 shares of the computer hardware maker’s stock valued at $243,000 after buying an additional 51 shares in the last quarter. Presidio Capital Management LLC lifted its stake in NVIDIA by 0.4% in the fourth quarter. Presidio Capital Management LLC now owns 15,137 shares of the computer hardware maker’s stock valued at $2,823,000 after buying an additional 53 shares in the last quarter. LMG Wealth Partners LLC boosted its holdings in shares of NVIDIA by 0.7% in the fourth quarter. LMG Wealth Partners LLC now owns 7,649 shares of the computer hardware maker’s stock valued at $1,427,000 after buying an additional 53 shares during the period. Finally, Vision Financial Markets LLC increased its position in shares of NVIDIA by 1.2% during the third quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker’s stock worth $866,000 after acquiring an additional 53 shares in the last quarter. 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

(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.

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