Rep. Gilbert Ray Cisneros, Jr. Buys NVIDIA Corporation (NASDAQ:NVDA) Stock

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of NVIDIA Corporation (NASDAQ:NVDA). In a filing disclosed on September 04th, the Representative disclosed that they had bought between $1,001 and $15,000 in NVIDIA stock on July 17th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

  • Purchased $15,001 – $50,000 in shares of Mesabi Trust (NYSE:MSB) on 7/31/2026.
  • Purchased $1,001 – $15,000 in shares of Praxis Precision Medicines (NASDAQ:PRAX) on 7/30/2026.
  • Purchased $15,001 – $50,000 in shares of Alkermes (NASDAQ:ALKS) on 7/30/2026.
  • Sold $15,001 – $50,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 7/30/2026.
  • Sold $100,001 – $250,000 in shares of Alibaba Group (NYSE:BABA) on 7/24/2026.
  • Sold $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 7/24/2026.
  • Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 7/21/2026.
  • Purchased $1,001 – $15,000 in shares of SailPoint (NASDAQ:SAIL) on 7/21/2026.
  • Purchased $1,001 – $15,000 in shares of Glacier Bancorp (NYSE:GBCI) on 7/21/2026.
  • Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 7/21/2026.

NVIDIA Stock Performance

NASDAQ NVDA opened at $230.36 on Tuesday. The stock has a market cap of $5.55 trillion, a PE ratio of 29.12, a PEG ratio of 1.81 and a beta of 2.22. NVIDIA Corporation has a 12 month low of $164.07 and a 12 month high of $236.54. The company’s 50-day moving average price is $211.32 and its 200-day moving average price is $202.51. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14.

NVIDIA (NASDAQ:NVDAGet Free Report) last announced its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, beating analysts’ consensus estimates of $2.09 by $0.13. The company had revenue of $96.22 billion during the quarter, compared to analyst estimates of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The firm’s revenue for the quarter was up 105.9% on a year-over-year basis. During the same quarter last year, the business posted $1.05 EPS. Equities research analysts forecast that NVIDIA Corporation will post 9.1 earnings per share for the current year.

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, September 10th. NVIDIA’s payout ratio is currently 12.64%.

NVIDIA declared that its board has approved a share buyback program on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization authorizes the computer hardware maker to purchase up to 1.5% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

  • Positive Sentiment: CEO Jensen Huang said NVIDIA’s computing products are “fungible, durable and highly rentable.” Reports that rental prices for older H100 systems increased 22% to roughly $3.28 per hour support the view that customers can continue generating returns from existing hardware, potentially sustaining demand for additional NVIDIA systems. Jensen Huang Calls Nvidia Chips a Revenue-Generating Asset
  • Positive Sentiment: NVIDIA-backed Firmus signed a multiyear agreement to provide OpenAI with computing capacity from two Malaysian data centers. OpenAI becoming an anchor customer reinforces the strong pipeline for AI infrastructure and demand for NVIDIA-powered systems. Firmus Signs Deal With OpenAI
  • Positive Sentiment: Commentary around OpenAI’s GPT-6 Astra indicates the model was trained on more than 100,000 NVIDIA Grace Blackwell systems, while additional systems are expected to come online. That provides a high-profile validation of NVIDIA’s newest platform. Jensen Huang Sees AGI Arriving With OpenAI’s Astra
  • Positive Sentiment: Analysts continue to emphasize NVIDIA’s full-stack expansion, including networking, rack-scale systems and the reported $12.93 billion Hugging Face acquisition. The strategy could deepen its software and developer ecosystem and reduce reliance on selling standalone GPUs. NVIDIA’s Hugging Face Buyout
  • Neutral Sentiment: Supplier Wistron announced a $1.5 billion share sale to fund raw-material procurement. The financing may expand capacity across NVIDIA’s supply chain, although dilution weighed on Wistron shares and highlights the capital intensity of meeting AI demand. NVIDIA Supplier Wistron Share Sale
  • Negative Sentiment: NVIDIA director Mark Stevens reportedly sold more than $410 million of stock following the rally. While insider sales do not necessarily signal deteriorating fundamentals, the transaction may encourage profit-taking concerns at elevated valuation levels. NVIDIA Insider Stock Sale
  • Negative Sentiment: Broadcom’s rising custom-AI-chip forecast suggests hyperscalers are diversifying away from relying exclusively on NVIDIA GPUs. Growing competition from application-specific chips, along with opposition to new data centers, remains a longer-term risk to NVIDIA’s market share and growth assumptions. Broadcom AI Forecast

Institutional Trading of NVIDIA

Hedge funds have recently bought and sold shares of the stock. Montgomery Financial Services LLC purchased a new stake in shares of NVIDIA during the second quarter valued at about $28,000. Lifetime Wealth Management P.C. bought a new position in shares of NVIDIA during the 4th quarter worth approximately $26,000. Longview Financial Advisors Inc. purchased a new stake in NVIDIA during the first quarter valued at approximately $27,000. Longfellow Investment Management Co. LLC boosted its stake in NVIDIA by 47.9% in the second 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. Finally, Phillip James Consulting Co. purchased a new position in NVIDIA in the first quarter worth $40,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Insiders Place Their Bets

In other NVIDIA news, Director Mark A. Stevens sold 63,501 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $220.06, for a total transaction of $13,974,030.06. Following the sale, the director owned 4,558,770 shares of the company’s stock, valued at approximately $1,003,202,926.20. The trade was a 1.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Timothy S. Teter sold 30,000 shares of the firm’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $217.88, for a total transaction of $6,536,400.00. Following the completion of the transaction, the executive vice president directly owned 2,687,660 shares of the company’s stock, valued at approximately $585,587,360.80. This represents a 1.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,563,501 shares of company stock valued at $335,380,530 in the last three months. Insiders own 3.94% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on NVDA. China Renaissance raised their target price on shares of NVIDIA from $319.00 to $330.00 and gave the stock a “buy” rating in a research report on Monday, August 31st. The Goldman Sachs Group reissued a “neutral” rating and issued a $300.00 price objective (up from $285.00) on shares of NVIDIA in a research note on Thursday, August 27th. William Blair restated an “outperform” rating on shares of NVIDIA in a report on Tuesday, June 2nd. Melius Research set a $420.00 price target on NVIDIA in a research report on Thursday, August 27th. Finally, New Street Research cut their price target on NVIDIA from $343.00 to $340.00 in a research note on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $324.83.

Read Our Latest Stock Analysis on NVIDIA

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.

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