Rep. Jared Moskowitz Purchases Shares of NVIDIA Co. (NASDAQ:NVDA)

Representative Jared Moskowitz (D-Florida) recently bought shares of NVIDIA Co. NASDAQ: NVDA. In a filing disclosed on April 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in NVIDIA stock on March 11th. The trade occurred in the Representative's "MORGAN STANLEY ACTIVE ASSETS (1)" account.

Representative Jared Moskowitz also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Broadcom NASDAQ: AVGO on 3/11/2025.
• Sold $1,001 - $15,000 in shares of Elevance Health NYSE: ELV on 3/10/2025.
• Purchased $1,001 - $15,000 in shares of TJX Companies NYSE: TJX on 3/10/2025.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 3/10/2025.
• Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 3/10/2025.
• Sold $1,001 - $15,000 in shares of West Pharmaceutical Services NYSE: WST on 2/13/2025.
• Purchased $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 1/15/2025.
• Purchased $1,001 - $15,000 in shares of McKesson NYSE: MCK on 1/15/2025.
• Sold $1,001 - $15,000 in shares of Canadian National Railway NYSE: CNI on 1/15/2025.
• Purchased $1,001 - $15,000 in shares of Stryker NYSE: SYK on 1/15/2025.

NVIDIA Stock Up 3.1 %

NVIDIA stock traded up $3.36 on Friday, hitting $110.93. 312,748,883 shares of the stock traded hands, compared to its average volume of 314,306,813. NVIDIA Co. has a 1 year low of $75.61 and a 1 year high of $195.95. The firm has a market cap of $2.71 trillion, a P/E ratio of 43.66, a price-to-earnings-growth ratio of 1.76 and a beta of 1.96. The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13. The business's fifty day simple moving average is $118.95 and its 200 day simple moving average is $130.40.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The computer hardware maker reported $0.89 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.84 by $0.05. NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. The company had revenue of $39.33 billion during the quarter, compared to analysts' expectations of $38.16 billion. As a group, sell-side analysts forecast that NVIDIA Co. will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Wednesday, March 12th were paid a $0.01 dividend. The ex-dividend date of this dividend was Wednesday, March 12th. This represents a $0.04 annualized dividend and a yield of 0.04%. NVIDIA's payout ratio is 1.36%.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director John Dabiri sold 2,663 shares of NVIDIA stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $110.00, for a total transaction of $292,930.00. Following the completion of the transaction, the director now owns 17,279 shares in the company, valued at approximately $1,900,690. This trade represents a 13.35 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Robert K. Burgess sold 53,324 shares of the company's stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $115.49, for a total value of $6,158,388.76. Following the completion of the sale, the director now owns 251,044 shares in the company, valued at $28,993,071.56. The trade was a 17.52 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 147,147 shares of company stock worth $17,133,207. Company insiders own 4.23% of the company's stock.

Wall Street Analysts Forecast Growth

NVDA has been the subject of a number of recent research reports. Tigress Financial reiterated a "buy" rating on shares of NVIDIA in a research note on Wednesday, February 26th. Wedbush reaffirmed an "outperform" rating and issued a $175.00 price target on shares of NVIDIA in a research report on Thursday, February 20th. KeyCorp set a $190.00 price objective on shares of NVIDIA in a research report on Wednesday, March 19th. Morgan Stanley set a $162.00 target price on shares of NVIDIA and gave the stock an "overweight" rating in a report on Wednesday, March 19th. Finally, Hsbc Global Res cut shares of NVIDIA from a "strong-buy" rating to a "hold" rating in a report on Thursday, April 3rd. Six analysts have rated the stock with a hold rating, thirty-six have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, NVIDIA presently has an average rating of "Moderate Buy" and a consensus target price of $168.39.

Hedge Funds Weigh In On NVIDIA

Several hedge funds have recently made changes to their positions in NVDA. Perkins Coie Trust Co grew its stake in NVIDIA by 14.2% during the 1st quarter. Perkins Coie Trust Co now owns 49,619 shares of the computer hardware maker's stock valued at $5,378,000 after purchasing an additional 6,180 shares during the last quarter. Godsey & Gibb Inc. lifted its holdings in shares of NVIDIA by 29.8% during the first quarter. Godsey & Gibb Inc. now owns 13,777 shares of the computer hardware maker's stock worth $1,493,000 after purchasing an additional 3,161 shares during the period. Joule Financial LLC boosted its position in NVIDIA by 14.2% in the first quarter. Joule Financial LLC now owns 2,263 shares of the computer hardware maker's stock valued at $245,000 after buying an additional 282 shares during the last quarter. Princeton Global Asset Management LLC increased its holdings in NVIDIA by 4.5% in the 1st quarter. Princeton Global Asset Management LLC now owns 22,327 shares of the computer hardware maker's stock worth $2,420,000 after buying an additional 970 shares during the period. Finally, Intergy Private Wealth LLC raised its position in NVIDIA by 2.7% during the 1st quarter. Intergy Private Wealth LLC now owns 8,296 shares of the computer hardware maker's stock worth $899,000 after buying an additional 215 shares during the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

About Representative Moskowitz

Jared Evan Moskowitz (Democratic Party) is a member of the U.S. House, representing Florida's 23rd Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Moskowitz (Democratic Party) is running for re-election to the U.S. House to represent Florida's 23rd Congressional District. He declared candidacy for the 2026 election. Jared Evan Moskowitz was born in Coral Springs, Florida. Moskowitz graduated from Marjory Stoneman Douglas High School. He earned a bachelor's degree in political science and government from George Washington University in 2003 and a law degree from Nova Southeastern University in 2007. Moskowitz's career experience includes working as the director of the Florida Division of Emergency Management and general counsel with AshBritt Inc.

NVIDIA Company Profile

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.