Representative Pete Sessions (Republican-Texas) recently sold shares of NVIDIA Corporation (NASDAQ:NVDA). In a filing disclosed on October 27th, the Representative disclosed that they had sold between $15,001 and $50,000 in NVIDIA stock on October 2nd. The trade occurred in the Representative’s “IRA ONE” account.
Representative Pete Sessions also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Walt Disney (NYSE:DIS) on 10/28/2026.
- Sold $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 10/27/2026.
- Sold $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 10/27/2026.
- Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 10/22/2026.
- Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 10/22/2026.
- Sold $1,001 – $15,000 in shares of Solstice Advanced Mat (NASDAQ:SOLS) on 10/21/2026.
- Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 10/21/2026.
- Sold $0 – $1,000 in shares of Resideo Technologies (NYSE:REZI) on 10/21/2026.
- Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 10/20/2026.
- Sold $15,001 – $50,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 10/15/2026.
NVIDIA Price Performance
Shares of NASDAQ:NVDA opened at $215.38 on Thursday. The company has a market cap of $5.19 trillion, a P/E ratio of 27.23, a price-to-earnings-growth ratio of 1.62 and a beta of 2.22. NVIDIA Corporation has a 12-month low of $164.27 and a 12-month high of $243.37. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. The company’s fifty day moving average is $222.06 and its two-hundred day moving average is $204.00.
NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its earnings results 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 for the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%. The firm’s quarterly revenue was up 105.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.05 EPS. Equities analysts expect that NVIDIA Corporation will post 9.30 earnings per share for the current fiscal year.
NVIDIA announced that its Board of Directors has initiated a stock repurchase plan on Monday, September 28th that permits the company to buy back $150 billion in shares. This buyback authorization permits the computer hardware maker to reacquire up to 2.8% of its stock through open market purchases. Share buyback plans are typically a sign that the company’s management believes its shares are undervalued.
NVIDIA Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date was Thursday, September 10th. NVIDIA’s payout ratio is presently 12.64%.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the business. Leonard Rickey Investment Advisors P.L.L.C. grew its stake in shares of NVIDIA by 6.6% during the 3rd quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 8,316 shares of the computer hardware maker’s stock valued at $1,899,000 after purchasing an additional 514 shares during the period. Bell Investment Advisors Inc increased its holdings in NVIDIA by 7.0% in the 3rd quarter. Bell Investment Advisors Inc now owns 20,594 shares of the computer hardware maker’s stock valued at $4,703,000 after acquiring an additional 1,340 shares during the last quarter. Verus Financial Partners Inc. grew its position in shares of NVIDIA by 9.9% during the third quarter. Verus Financial Partners Inc. now owns 4,719 shares of the computer hardware maker’s stock valued at $1,078,000 after purchasing an additional 426 shares in the last quarter. Columbia Bank increased its stake in NVIDIA by 5.6% in the 3rd quarter. Columbia Bank now owns 74,306 shares of the computer hardware maker’s stock worth $16,970,000 after acquiring an additional 3,933 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new stake in NVIDIA during the third quarter valued at $3,921,459,000. 65.27% of the stock is owned by institutional investors.
Insider Transactions at NVIDIA
In other NVIDIA news, EVP Timothy S. Teter sold 30,460 shares of the company’s stock in a transaction on Monday, September 21st. The stock was sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the completion of the sale, the executive vice president owned 2,687,660 shares in the company, valued at $598,810,648. This represents a 1.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Colette Kress sold 34,918 shares of the stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $219.05, for a total value of $7,648,787.90. Following the sale, the chief financial officer owned 765,103 shares of the company’s stock, valued at approximately $167,595,812.15. This represents a 4.36% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 1,766,118 shares of company stock worth $399,450,353. 3.94% of the stock is currently owned by company insiders.
Analyst Ratings Changes
Several research firms have commented on NVDA. Royal Bank Of Canada increased their target price on shares of NVIDIA from $300.00 to $330.00 and gave the stock an “outperform” rating in a research report on Thursday, August 27th. HSBC upped their price target on NVIDIA from $360.00 to $365.00 in a research note on Thursday, August 27th. Yorkville Ives assumed coverage on NVIDIA in a report on Tuesday, October 6th. They set an “outperform” rating and a $300.00 price objective on the stock. Wall Street Zen downgraded NVIDIA from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 24th. Finally, Wedbush raised their price objective on NVIDIA from $330.00 to $345.00 and gave the company an “outperform” rating in a research note on Thursday, August 27th. Five research analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $321.47.
Read Our Latest Stock Analysis on NVIDIA
More NVIDIA News
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: NVIDIA’s $3 billion investment in Meta’s stock offering strengthens a major customer relationship and supports Meta’s plan to expand AI infrastructure using NVIDIA systems. The partnership could help secure future hardware demand, although additional purchase commitments were not quantified. NVIDIA’s New $3 Billion AI Bet Is on One of Its Own Customers
- Positive Sentiment: NVIDIA continues expanding beyond GPUs through Vera Rubin systems, CPUs, networking and AI-factory software. Its expanded product portfolio could increase its addressable market and create more revenue opportunities per data-center deployment. Nvidia Shareholders Have a Major Reason to Be Bullish
- Positive Sentiment: Industry trading data showed strong September activity in AI-related tokenized stocks and ETFs, with NVIDIA among the most-traded semiconductor-linked assets. This indicates continued investor interest in the AI infrastructure theme, though it is not a direct measure of NVIDIA’s revenue. MEXC Reports Growth in AI-Related Trading
- Neutral Sentiment: NVIDIA scheduled its third-quarter financial-results conference call for November 17. Investors will focus on data-center revenue, supply constraints, margins, customer capital expenditures and management’s outlook for 2027. NVIDIA Sets Conference Call for Third-Quarter Results
- Negative Sentiment: Alphabet’s latest earnings renewed concerns that the cost and financing requirements of AI infrastructure could pressure hyperscaler returns. Those concerns weighed broadly on AI-chip stocks and raised questions about whether massive capital spending can continue at its current pace. Why Nvidia, AMD and Intel Stocks Fell in Pre-Market Trading
- Negative Sentiment: OpenAI reportedly plans to use Google’s custom AI chips, while Google is expanding TPU availability through Oracle Cloud. Greater adoption of competing accelerators could reduce NVIDIA’s pricing power and increase customer bargaining leverage over time. Google’s AI Chip Business Is Getting Harder for Nvidia to Ignore
- Negative Sentiment: The U.S. Department of Justice is examining NVIDIA’s proposed $12.9 billion acquisition of Hugging Face over concerns that the deal could give NVIDIA control of an important distribution channel for AI models and tools. Regulatory intervention could delay or limit the transaction. DOJ Studying Nvidia’s Hugging Face Acquisition
About Representative Sessions
Pete Sessions (Republican Party) is a member of the U.S. House, representing Texas’ 17th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.
Sessions (Republican Party) ran for re-election to the U.S. House to represent Texas’ 17th Congressional District. He won in the general election on November 5, 2024.
On October 20, 2023, Sessions announced he was running to replace Kevin McCarthy (R) as speaker of the U.S. House in the 118th Congress. Sessions lost the first round of nomination voting on October 24, 2023.
Pete Sessions was born and lives in Waco, Texas. Sessions earned a B.S. from Southwestern University in 1978. Sessions’ career experience includes working as an executive with AT&T.
About NVIDIA
NVIDIA Corporation (NASDAQ: NVDA) is a technology company that designs graphics processing units (GPUs), accelerated computing platforms, networking products and related software. Its technologies support artificial intelligence, machine learning, scientific computing, data analytics, professional visualization and computer graphics.
The company’s products include GeForce GPUs for gaming and personal computing, data center GPUs and systems for AI and high-performance computing, and networking solutions used to connect and manage large-scale computing infrastructure.
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