NVIDIA (NASDAQ:NVDA) Shares Unloaded Rep. Robert Bresnahan, Jr.

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 Stock Down 1.6 %

NVDA opened at $109.67 on Friday. The company has a market cap of $2.68 trillion, a PE ratio of 43.16, a price-to-earnings-growth ratio of 1.76 and a beta of 1.77. NVIDIA Co. has a twelve month low of $75.61 and a twelve month high of $195.95. The company has a 50-day moving average price of $125.01 and a 200 day moving average price of $131.34. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13.

NVIDIA (NASDAQ:NVDAGet Free Report) last announced its earnings results on Wednesday, February 26th. The computer hardware maker reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.05. The company had revenue of $39.33 billion for the quarter, compared to analysts’ expectations of $38.16 billion. NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. Sell-side analysts expect that NVIDIA Co. will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 12th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.04%. The ex-dividend date is Wednesday, March 12th. NVIDIA’s payout ratio is 1.36%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on NVDA shares. Wedbush reissued an “outperform” rating and issued a $175.00 price objective on shares of NVIDIA in a report on Thursday, February 20th. HSBC decreased their price target on NVIDIA from $195.00 to $185.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. Needham & Company LLC restated a “buy” rating and issued a $160.00 price objective on shares of NVIDIA in a report on Wednesday, March 19th. Susquehanna reaffirmed a “positive” rating and issued a $180.00 target price on shares of NVIDIA in a research report on Wednesday, March 19th. Finally, Mizuho lowered their target price on NVIDIA from $175.00 to $168.00 and set an “outperform” rating for the company in a research note on Friday, March 14th. Four analysts have rated the stock with a hold rating, thirty-seven have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $171.51.

View Our Latest Stock Analysis on NVDA

Insider Buying and Selling at NVIDIA

In other NVIDIA news, EVP Ajay K. Puri sold 36,462 shares of NVIDIA stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $151.10, for a total transaction of $5,509,408.20. Following the transaction, the executive vice president now directly owns 3,902,888 shares of the company’s stock, valued at $589,726,376.80. The trade was a 0.93 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Colette Kress sold 66,660 shares of the stock in a transaction on Friday, March 21st. The stock was sold at an average price of $116.83, for a total transaction of $7,787,887.80. Following the completion of the sale, the chief financial officer now directly owns 3,085,765 shares of the company’s stock, valued at $360,509,924.95. The trade was a 2.11 % decrease in their position. 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. 4.23% of the stock is owned by insiders.

Institutional Investors Weigh In On NVIDIA

Several hedge funds have recently made changes to their positions in the business. Tacita Capital Inc purchased a new stake in NVIDIA in the 4th quarter valued at about $28,000. Legend Financial Advisors Inc. acquired a new stake in shares of NVIDIA in the fourth quarter worth approximately $34,000. Vision Financial Markets LLC purchased a new stake in NVIDIA in the fourth quarter valued at approximately $38,000. Luken Investment Analytics LLC acquired a new position in NVIDIA during the fourth quarter worth approximately $40,000. Finally, DHJJ Financial Advisors Ltd. raised its stake in NVIDIA by 70.0% during the third quarter. DHJJ Financial Advisors Ltd. now owns 340 shares of the computer hardware maker’s stock worth $41,000 after purchasing an additional 140 shares during the period. Institutional investors and hedge funds 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.

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