NVIDIA (NASDAQ:NVDA) Stock Bought Rep. Michael A. Rulli

Representative Michael A. Rulli (Republican-Ohio) recently bought shares of NVIDIA Corporation (NASDAQ:NVDA). In a filing disclosed on August 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in NVIDIA stock on June 25th. The trade occurred in the Representative’s “MERRILL LYNCH MANAGED ACCOUNT” account.

Representative Michael A. Rulli also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 8/6/2026.
• Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 7/1/2026.
• Purchased $1,001 – $15,000 in shares of KLA (NASDAQ:KLAC) on 7/1/2026.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/29/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 6/25/2026.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/25/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 6/25/2026.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/25/2026.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 6/25/2026.

NVIDIA Stock Down 2.9%

Shares of NVDA stock opened at $217.55 on Tuesday. The firm has a fifty day moving average of $205.53 and a 200-day moving average of $197.54. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04. NVIDIA Corporation has a 12-month low of $164.07 and a 12-month high of $236.54. The company has a market capitalization of $5.26 trillion, a price-to-earnings ratio of 33.32, a P/E/G ratio of 0.44 and a beta of 2.23.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (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 business had revenue of $81.61 billion for the quarter, compared to analyst estimates of $78.42 billion. During the same quarter last year, the firm earned $0.81 EPS. NVIDIA’s revenue for the quarter was up 85.2% compared to the same quarter last year. As a group, equities research analysts predict that NVIDIA Corporation will post 8.79 earnings per share for the current fiscal year.

NVIDIA declared that its Board of Directors has initiated a stock buyback plan on Wednesday, May 20th that allows the company to repurchase $80.00 billion in shares. This repurchase authorization allows the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

NVIDIA Increases Dividend

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

Insider Buying and Selling

In other news, Director John Dabiri sold 625 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total transaction of $133,750.00. Following the transaction, the director owned 14,163 shares in the company, valued at approximately $3,030,882. This represents a 4.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 885,000 shares of the stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the transaction, the director directly owned 5,207,271 shares in the company, valued at $1,094,412,146.07. This trade represents a 14.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,901,125 shares of company stock valued at $410,583,015 over the last ninety days. 3.94% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of NVIDIA in a research note on Wednesday, July 8th. Cantor Fitzgerald restated an “overweight” rating and set a $350.00 price objective on shares of NVIDIA in a report on Thursday, May 21st. Zacks Research raised NVIDIA from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. DA Davidson reissued a “buy” rating and set a $300.00 price target on shares of NVIDIA in a report on Monday, June 1st. Finally, Citic Securities boosted their price target on NVIDIA from $242.00 to $315.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Three research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $304.26.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of NVDA. Lifetime Wealth Management P.C. acquired a new stake in NVIDIA during the fourth quarter worth approximately $26,000. Longview Financial Advisors Inc. acquired a new stake in shares of NVIDIA during the 1st quarter worth approximately $27,000. Longfellow Investment Management Co. LLC increased its stake in shares of NVIDIA by 47.9% in the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock valued at $33,000 after acquiring an additional 67 shares in the last quarter. Langley Wealth Management LLC acquired a new position in shares of NVIDIA during the 2nd quarter valued at $34,000. Finally, Phillip James Consulting Co. acquired a new position in shares of NVIDIA during the 1st quarter valued at $40,000. Institutional investors and hedge funds own 65.27% of the company’s stock.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: $500 billion AI infrastructure financing push: NVIDIA is partnering with Apollo, Blackstone, BlackRock/GIP, Brookfield, Goldman Sachs and KKR to mobilize more than $500 billion in third-party financing for data centers and other AI infrastructure. The initiative could accelerate deployments using NVIDIA’s chips, extend its ecosystem leadership and sustain demand beyond major cloud customers. Nvidia teams up with Wall Street asset managers on $500 billion AI infrastructure push
• Positive Sentiment: Bullish earnings expectations: Bank of America maintained a Buy rating and $350 price target, forecasting fiscal second-quarter revenue of $94 billion to $95 billion—above NVIDIA’s $91 billion guidance—and describing the upcoming report as a potential “multi-quarter upgrade cycle.” Other analysts point to strong data-center growth, roughly 75% gross margins and continued Blackwell demand. BofA: Nvidia’s next earnings report could kick off a multi-quarter upgrade cycle
• Neutral Sentiment: Financing is a catalyst but not guaranteed revenue: The $500 billion represents capital that financial firms aim to source over time, rather than cash committed directly to NVIDIA. CEO Jensen Huang’s view that NVIDIA’s platform could become an “asset class” underscores the scale of the opportunity, but execution, customer economics and data-center construction timelines remain uncertain. Nvidia stock has a $500 billion trick to keep AI spending alive
• Negative Sentiment: Self-financing and capital-allocation concerns: Critics, including Mark Cuban, warn that NVIDIA’s investments and financing relationships could resemble an AI-era version of funding customers, raising questions about circular demand, overbuilding and the eventual returns on infrastructure spending. Reports that NVIDIA may invest up to $3 billion in power-infrastructure company Lancium have also prompted scrutiny from investors who would prefer greater use of cash for share buybacks. Nvidia Stock Slips as Its AI Investments Draw Fresh Scrutiny
• Negative Sentiment: Competitive and shareholder-selling signals: Microsoft is reportedly reconsidering its reliance on NVIDIA through custom AI silicon, while Crake Asset Management reduced its NVIDIA position by 230,558 shares. Neither development changes near-term fundamentals, but both reinforce valuation and customer-concentration concerns. Microsoft Rethinks Its Nvidia Reliance

About Representative Rulli

Michael Rulli (Republican Party) is a member of the U.S. House, representing Ohio’s 6th Congressional District. He assumed office on June 25, 2024. His current term ends on January 3, 2027.

Rulli (Republican Party) is running for re-election to the U.S. House to represent Ohio’s 6th Congressional District. He declared candidacy for the 2026 election.

Michael Rulli graduated from Poland Seminary High School. He earned a degree from Emerson College. Rulli’s career experience includes working as the director of operations with Rulli Bros. Markets.

About NVIDIA

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.