Rep. Sam Liccardo Sells Off Shares of NVIDIA Corporation (NASDAQ:NVDA)

Representative Sam Liccardo (Democratic-California) recently sold shares of NVIDIA Corporation (NASDAQ:NVDA). In a filing disclosed on July 27th, the Representative disclosed that they had sold between $15,001 and $50,000 in NVIDIA stock on July 21st. The trade occurred in the Representative’s “SCHWAB > SCHWAB ROTH IRA — SAM LICCARDO” account.

NVIDIA Stock Performance

NASDAQ NVDA opened at $196.51 on Tuesday. NVIDIA Corporation has a 52-week low of $164.07 and a 52-week high of $236.54. The company has a fifty day moving average of $207.34 and a 200-day moving average of $195.93. The company has a market capitalization of $4.76 trillion, a P/E ratio of 30.09, a P/E/G ratio of 0.40 and a beta of 2.21. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, beating the consensus estimate of $1.76 by $0.11. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The firm had revenue of $81.61 billion for the quarter, compared to analyst estimates of $78.42 billion. During the same period in the prior year, the company earned $0.81 EPS. The company’s revenue was up 85.2% on a year-over-year basis. As a group, equities research analysts predict that NVIDIA Corporation will post 8.79 EPS for the current fiscal year.

NVIDIA announced that its board has authorized a stock buyback plan on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in outstanding shares. This buyback authorization authorizes the computer hardware maker to buy up to 1.5% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its stock is undervalued.

NVIDIA Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 4th were paid 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 yield of 0.5%. This is a boost from NVIDIA’s previous quarterly dividend of $0.01. NVIDIA’s dividend payout ratio is presently 15.31%.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Stephen C. Neal sold 15,500 shares of the stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the sale, the director 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John Dabiri sold 625 shares of the business’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total value of $133,750.00. Following the completion of the transaction, the director directly owned 14,163 shares of the company’s stock, valued at approximately $3,030,882. The trade was a 4.23% decrease in their ownership of the stock. 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 have sold 1,901,125 shares of company stock valued at $410,583,015. 3.94% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Craig Hallum raised their price target on NVIDIA from $245.00 to $275.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Royal Bank Of Canada set a $280.00 price objective on shares of NVIDIA in a report on Thursday, May 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $255.00 target price (up from $220.00) on shares of NVIDIA in a research report on Thursday, May 21st. Citic Securities boosted their price target on shares of NVIDIA from $242.00 to $315.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. Finally, JPMorgan Chase & Co. lifted their price objective on NVIDIA from $265.00 to $280.00 and gave the company an “overweight” rating in a research report on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $304.26.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA is reportedly negotiating leases worth up to $50 billion for a Texas data center being developed by Hut 8. If confirmed, the arrangement would support substantial future demand for NVIDIA’s AI systems. Nvidia behind $50 billion lease on Texas data center
• Positive Sentiment: AI infrastructure demand remains strong. Axe Compute signed a five-year, more than $1.5 billion contract involving over 9,200 NVIDIA Blackwell B300 GPUs, while NVIDIA also announced partnerships with Safe Superintelligence and South Korea’s Naver that expand its customer base and international data-center footprint. Axe Compute AI infrastructure contract
• Positive Sentiment: NVIDIA expanded its Agent Toolkit with PhysicsNeMo and CUDA-X libraries for autonomous engineering, chip design and simulation. Adoption by Cadence, Siemens, Synopsys and Silvaco could broaden software and platform revenue beyond GPU sales. NVIDIA expands Agent Toolkit
• Neutral Sentiment: Reports that NVIDIA may provide up to $250 billion in financing support for an OpenAI data-center project highlight enormous potential chip demand, but the proposal is unconfirmed and has intensified concerns about circular financing, customer credit risk and an AI spending bubble. Nvidia and OpenAI financing backstop
• Negative Sentiment: Taiwan prosecutors reportedly detained an NVIDIA employee in a probe into alleged illegal exports of Super Micro AI servers containing advanced U.S. chips to China. The investigation raises regulatory, compliance and reputational risks. Taiwan detains Nvidia employee
• Negative Sentiment: Investors are also reacting to intensifying Chinese semiconductor competition, broad AI-stock selling and renewed comparisons with the dot-com bubble. NVIDIA’s reported financing plans contributed to concerns that AI infrastructure spending may be relying too heavily on vendor support.

Institutional Investors Weigh In On NVIDIA

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Lifetime Wealth Management P.C. purchased a new stake in shares of NVIDIA in the 4th quarter worth approximately $26,000. Longview Financial Advisors Inc. purchased a new position in NVIDIA during the first quarter valued at approximately $27,000. Longfellow Investment Management Co. LLC increased its holdings in NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock valued at $33,000 after buying an additional 67 shares during the period. Phillip James Consulting Co. bought a new position in NVIDIA in the first quarter worth approximately $40,000. Finally, Spurstone Advisory Services LLC bought a new position in NVIDIA in the second quarter worth approximately $40,000. Institutional investors own 65.27% of the company’s stock.

About Representative Liccardo

Sam Liccardo (Democratic Party) is a member of the U.S. House, representing California’s 16th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Liccardo (Democratic Party) is running for re-election to the U.S. House to represent California’s 16th Congressional District. He declared candidacy for the 2026 election.

Sam Liccardo grew up in San Jose, California. He holds a B.S. from Georgetown University an M.S. in Public Policy and a J.D. from Harvard University. Liccardo’s professional experience includes working as a prosecutor of sexual assault and child exploitation crimes in the Santa Clara County District Attorney’s Office and as a federal prosecutor. Before being elected mayor of San Jose, Liccardo served on the San Jose City Council.

NVIDIA Company Profile

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.