Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of NVIDIA Co. NASDAQ: NVDA. In a filing disclosed on March 27th, the Representative disclosed that they had sold between $1,001 and $15,000 in NVIDIA stock on February 25th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.
Representative Robert Bresnahan, Jr. also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Intuit NASDAQ: INTU on 3/7/2025.
- Sold $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 3/6/2025.
- Purchased $1,001 - $15,000 in shares of SEA NYSE: SE on 3/5/2025.
- Sold $1,001 - $15,000 in shares of Credo Technology Group NASDAQ: CRDO on 3/4/2025.
- Purchased $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 3/4/2025.
- Purchased $1,001 - $15,000 in shares of Twilio NYSE: TWLO on 3/4/2025.
- Sold $15,001 - $50,000 in shares of Alibaba Group NYSE: BABA on 3/4/2025.
- Purchased $1,001 - $15,000 in shares of Zoom Video Communications NASDAQ: ZM on 3/4/2025.
- Purchased $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 3/3/2025.
- Purchased $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 3/3/2025.
NVIDIA Trading Down 1.2 %
NASDAQ NVDA traded down $1.29 on Monday, reaching $108.38. The company had a trading volume of 288,474,689 shares, compared to its average volume of 314,632,534. NVIDIA Co. has a 52 week low of $75.61 and a 52 week high of $195.95. The stock's 50 day moving average is $125.01 and its 200-day moving average is $131.61. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13. The stock has a market cap of $2.64 trillion, a price-to-earnings ratio of 42.65, a PEG ratio of 1.76 and a beta of 1.77.
NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings results on Wednesday, February 26th. The computer hardware maker reported $0.89 EPS for the quarter, beating analysts' consensus estimates of $0.84 by $0.05. The company had revenue of $39.33 billion during the quarter, compared to analysts' expectations of $38.16 billion. NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. Equities analysts predict that NVIDIA Co. will post 2.77 earnings per share for the current year.
NVIDIA Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th will be given a $0.01 dividend. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a $0.04 annualized dividend and a dividend yield of 0.04%. NVIDIA's dividend payout ratio is currently 1.36%.
Insiders Place Their Bets
In related news, Director John Dabiri sold 2,663 shares of the stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $110.00, for a total transaction of $292,930.00. Following the sale, the director now owns 17,279 shares of the company's stock, valued at $1,900,690. This represents a 13.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Robert K. Burgess sold 53,324 shares of NVIDIA stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $115.49, for a total value of $6,158,388.76. Following the completion of the transaction, the director now directly owns 251,044 shares of the company's stock, valued at $28,993,071.56. This represents a 17.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 183,609 shares of company stock worth $22,642,615 in the last quarter. Corporate insiders own 4.23% of the company's stock.
Wall Street Analysts Forecast Growth
NVDA has been the topic of a number of recent analyst reports. DZ Bank raised shares of NVIDIA from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 28th. Needham & Company LLC reissued a "buy" rating and issued a $160.00 target price on shares of NVIDIA in a research note on Wednesday, March 19th. Susquehanna restated a "positive" rating and issued a $180.00 price target on shares of NVIDIA in a report on Wednesday, March 19th. Morgan Stanley set a $162.00 price objective on NVIDIA and gave the company an "overweight" rating in a report on Wednesday, March 19th. Finally, KeyCorp set a $190.00 target price on NVIDIA in a research note on Wednesday, March 19th. Four research analysts have rated the stock with a hold rating, thirty-seven have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $171.51.
View Our Latest Stock Report on NVDA
Institutional Investors Weigh In On NVIDIA
A number of institutional investors have recently made changes to their positions in NVDA. Tacita Capital Inc acquired a new stake in shares of NVIDIA during the fourth quarter worth $28,000. Legend Financial Advisors Inc. bought a new position in NVIDIA during the fourth quarter worth about $34,000. Vision Financial Markets LLC acquired a new stake in NVIDIA in the 4th quarter worth about $38,000. Luken Investment Analytics LLC acquired a new stake in NVIDIA in the 4th quarter worth about $40,000. Finally, DHJJ Financial Advisors Ltd. boosted its holdings in NVIDIA by 70.0% in the 3rd quarter. DHJJ Financial Advisors Ltd. now owns 340 shares of the computer hardware maker's stock valued at $41,000 after purchasing an additional 140 shares during the period. Institutional investors own 65.27% of the company's stock.
About Representative Bresnahan
Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election.
Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.
About NVIDIA
(
Get Free Report)
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.
Featured Articles
Before you consider NVIDIA, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NVIDIA wasn't on the list.
While NVIDIA currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
