Rep. Matthew Robert Van Epps Sells NVIDIA Corporation (NASDAQ:NVDA) Shares

Representative Matthew Robert Van Epps (Republican-Tennessee) recently sold shares of NVIDIA Corporation (NASDAQ:NVDA). In a filing disclosed on June 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in NVIDIA stock on June 16th. The trade occurred in the Representative’s “SCHWAB ONE ACCOUNT” account.

Representative Matthew Robert Van Epps also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Southwest Airlines (NYSE:LUV) on 6/16/2026.
  • Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/16/2026.
  • Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 6/16/2026.
  • Sold $15,001 – $50,000 in shares of Tapestry (NYSE:TPR) on 6/16/2026.
  • Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/16/2026.
  • Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 6/16/2026.
  • Sold $1,001 – $15,000 in shares of ExxonMobil (NYSE:XOM) on 6/16/2026.
  • Sold $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 6/16/2026.
  • Sold $1,001 – $15,000 in shares of GE Vernova (NYSE:GEV) on 6/16/2026.
  • Sold $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 6/16/2026.

NVIDIA Stock Down 1.6%

NVIDIA stock traded down $3.26 during trading on Thursday, hitting $195.74. 148,354,249 shares of the company were exchanged, compared to its average volume of 170,385,109. The company has a market capitalization of $4.74 trillion, a P/E ratio of 29.98, a PEG ratio of 0.45 and a beta of 2.22. The business’s 50 day moving average is $210.80 and its 200 day moving average is $192.91. NVIDIA Corporation has a 52 week low of $151.49 and a 52 week high of $236.54. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04.

NVIDIA (NASDAQ:NVDAGet Free Report) last issued its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, beating analysts’ consensus estimates of $1.76 by $0.11. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The company had revenue of $81.61 billion during the quarter, compared to the consensus estimate of $78.42 billion. During the same period last year, the business posted $0.81 earnings per share. NVIDIA’s revenue was up 85.2% on a year-over-year basis. Analysts predict that NVIDIA Corporation will post 8.69 earnings per share for the current year.

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

NVIDIA Increases Dividend

The firm 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 dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, June 4th. This is a boost from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. NVIDIA’s payout ratio is presently 15.31%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Itau BBA Securities lowered their target price on shares of NVIDIA from $256.00 to $218.00 in a report on Wednesday. Evercore reiterated an “outperform” rating and set a $413.00 price objective (up from $352.00) on shares of NVIDIA in a research note on Thursday, May 21st. JPMorgan Chase & Co. increased their price objective on NVIDIA from $265.00 to $280.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. DA Davidson restated a “buy” rating and issued a $300.00 target price on shares of NVIDIA in a research note on Monday, June 1st. Finally, William Blair reiterated an “outperform” rating on shares of NVIDIA in a research report on Tuesday, June 2nd. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $303.84.

Read Our Latest Stock Analysis on NVDA

Institutional Trading of NVIDIA

Hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC raised its stake in shares of NVIDIA by 12.4% during the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock worth $43,631,000 after acquiring an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG boosted its stake in shares of NVIDIA by 1.0% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock valued at $315,100,000 after purchasing an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE boosted its stake in shares of NVIDIA by 6.7% in the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock valued at $7,842,000 after purchasing an additional 3,653 shares in the last quarter. Hudson Value Partners LLC grew its holdings in shares of NVIDIA by 30.7% during the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock valued at $6,805,000 after purchasing an additional 11,900 shares during the last quarter. Finally, Wealth Group Ltd. grew its holdings in shares of NVIDIA by 15.7% during the 1st quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock valued at $715,000 after purchasing an additional 896 shares during the last quarter. 65.27% of the stock is owned by institutional investors.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

  • Positive Sentiment: Micron’s blowout results are helping renew enthusiasm for AI infrastructure spending, which supports demand for NVIDIA’s GPUs and data-center ecosystem. Several articles frame the memory boom as evidence that AI capex remains strong.
  • Positive Sentiment: Analyst commentary remains broadly bullish, with multiple firms maintaining Buy/Overweight ratings and price targets well above current levels, citing NVIDIA’s revenue growth, strong margins, and continued hyperscaler demand.
  • Positive Sentiment: Fundamental updates remain strong: NVIDIA recently beat earnings expectations, raised its dividend, and authorized a large buyback, all of which reinforce confidence in cash generation and management’s view that shares are undervalued.
  • Neutral Sentiment: Articles also continue to highlight NVIDIA’s long-term dominance in AI, including claims of a potential $1 trillion AI infrastructure opportunity by 2027 and expansion into networking, robotics, and software tools like BioNeMo.
  • Negative Sentiment: The stock is being dragged by sector-wide concerns that AI spending may be cooling, with reports of slower HBM expansion at SK Hynix and broader worries about debt-funded AI capex hitting chip stocks across the group.
  • Negative Sentiment: There is also some near-term headline risk from insider selling and legal news, including a major share sale by director Mark Stevens and a lawsuit involving AI training data, which may add to investor caution.

Insiders Place Their Bets

In other NVIDIA news, Director John Dabiri sold 625 shares of the stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total transaction of $133,750.00. Following the completion of the sale, the director owned 14,163 shares of the company’s stock, valued at $3,030,882. This represents a 4.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen C. Neal sold 15,500 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the transaction, the director directly 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,901,125 shares of company stock valued at $410,583,015 over the last three months. Insiders own 3.94% of the company’s stock.

About Representative Van Epps

Matthew Robert Van Epps (born March 29, 1983) is an American politician and former Army officer serving as the U.S representative for Tennessee’s 7th congressional district since December 2025. A member of the Republican Party, he was elected in the 2025 special election. He previously served as the commissioner of the Tennessee Department of General Services from 2024 to 2025. He was sworn in on December 4, 2025.

About NVIDIA

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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.

Further Reading

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