Rep. Cleo Fields Acquires NVIDIA Corporation (NASDAQ:NVDA) Shares

Posted by Micah Haroldson on Jul 19th, 2026

Representative Cleo Fields (Democratic-Louisiana) recently bought shares of NVIDIA Corporation (NASDAQ:NVDA). In a filing disclosed on July 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in NVIDIA stock on June 26th. The trade occurred in the Representative’s “MORGAN STANLEY – E*TRADE – FIELDS LAW FIRM 2, LLC” account.

Representative Cleo Fields also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 6/15/2026.
Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 6/11/2026.
Purchased $1,001 – $15,000 in shares of Quantinuum (NASDAQ:QNT) on 6/4/2026.
Purchased $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 5/14/2026.

NVIDIA Price Performance

Shares of NVDA opened at $202.81 on Friday. The firm has a market capitalization of $4.91 trillion, a price-to-earnings ratio of 31.06, a PEG ratio of 0.45 and a beta of 2.21. The firm’s fifty day simple moving average is $209.63 and its 200-day simple moving average is $195.10. NVIDIA Corporation has a twelve month low of $164.07 and a twelve month 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:NVDA – Get Free Report) last issued its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, topping analysts’ consensus estimates of $1.76 by $0.11. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The firm had revenue of $81.61 billion during the quarter, compared to the consensus estimate of $78.42 billion. During the same quarter in the previous year, the firm posted $0.81 earnings per share. The company’s revenue was up 85.2% compared to the same quarter last year. Equities analysts forecast that NVIDIA Corporation will post 8.79 EPS for the current fiscal year.

NVIDIA announced that its Board of Directors has authorized a share buyback plan on Wednesday, May 20th that permits the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization permits the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its shares are undervalued.

NVIDIA Increases Dividend

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

Insider Buying and Selling

In related news, Director Stephen C. Neal sold 15,500 shares of NVIDIA stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total value of $3,343,815.00. Following the transaction, the director directly owned 116,135 shares in the company, valued at $25,053,803.55. This trade represents a 11.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director John Dabiri sold 625 shares of the business’s 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 transaction, the director directly owned 14,163 shares in the company, valued at $3,030,882. This represents a 4.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,901,125 shares of company stock valued at $410,583,015 over the last three months. 3.94% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have recently commented on NVDA shares. TD Cowen reiterated a “buy” rating and issued a $275.00 price objective (up from $235.00) on shares of NVIDIA in a report on Friday, May 15th. Susquehanna restated a “positive” rating and set a $275.00 target price (up from $250.00) on shares of NVIDIA in a research note on Tuesday, May 12th. Mizuho set a $300.00 price target on NVIDIA in a report on Thursday, May 21st. Tigress Financial reissued a “strong-buy” rating and set a $425.00 price objective (up from $360.00) on shares of NVIDIA in a report on Wednesday, May 27th. Finally, Rosenblatt Securities restated a “buy” rating and set a $325.00 price objective on shares of NVIDIA in a research report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, NVIDIA has a consensus rating of “Moderate Buy” and an average target price of $304.26.

View Our Latest Analysis on NVDA

Hedge Funds Weigh In On NVIDIA

A number of hedge funds have recently modified their holdings of the business. Lifetime Wealth Management P.C. purchased a new position in shares of NVIDIA during the fourth quarter worth about $26,000. Longview Financial Advisors Inc. purchased a new stake in NVIDIA during the 1st quarter valued at approximately $27,000. Longfellow Investment Management Co. LLC lifted its position in NVIDIA by 47.9% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock worth $33,000 after acquiring an additional 67 shares during the period. Phillip James Consulting Co. purchased a new position in shares of NVIDIA in the 1st quarter valued at approximately $40,000. Finally, Spurstone Advisory Services LLC acquired a new position in shares of NVIDIA in the second quarter valued at approximately $40,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: NVIDIA expanded its AI footprint in Japan with new partnerships across robotics, manufacturing, and public-sector infrastructure, including a national AI infrastructure initiative and the launch of Cosmos 3 Edge and Nemotron-based local AI projects. These moves reinforce NVDA’s role as the core platform for physical AI and could support long-term demand. Japan Government, Industrial Leaders and NVIDIA Launch the World’s First National AI Infrastructure
Positive Sentiment: Multiple analysts raised earnings estimates for NVIDIA, with KeyCorp and Erste Group boosting forecasts and maintaining bullish ratings/price targets. That suggests Wall Street still sees strong profit growth ahead.
Positive Sentiment: TSMC reported strong AI-driven demand, which is a positive read-through for NVIDIA’s supply chain and ongoing chip demand. TSMC Just Announced Fantastic News for Nvidia Shareholders
Neutral Sentiment: Apple briefly overtook NVIDIA as the world’s most valuable company, highlighting a rotation in mega-cap leadership and renewed investor doubts about how much AI upside is already priced into NVDA. Apple dethrones Nvidia as world’s most valuable company, ending the chipmaker’s long run at the top
Neutral Sentiment: Several articles point to a broader semiconductor sell-off and “sell the news” behavior in AI and chip stocks, which appears to be pressuring NVDA along with peers rather than reflecting a company-specific setback. Why Nvidia stock is down around 2.5% on Thursday
Negative Sentiment: Market commentary from Jim Cramer and other bearish notes on semiconductors suggest some investors are rotating out of chip stocks, adding near-term pressure to NVDA sentiment. Jim Cramer Says Semiconductor Stocks Are “Going Down.” Buy These 2 Dividend Stocks Instead

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana’s 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026.

Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor’s degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

About NVIDIA

(Get Free Report)

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.