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 Performance

Shares of NASDAQ NVDA traded up $2.26 during mid-day trading on Tuesday, hitting $219.81. The company had a trading volume of 28,558,791 shares, compared to its average volume of 161,677,063. NVIDIA Corporation has a 12 month low of $164.07 and a 12 month high of $236.54. The stock has a market cap of $5.32 trillion, a price-to-earnings ratio of 33.63, a PEG ratio of 0.44 and a beta of 2.23. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. The firm’s 50 day simple moving average is $205.53 and its two-hundred day simple moving average is $197.54.

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

NVIDIA Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date was Thursday, June 4th. NVIDIA’s payout ratio is presently 15.31%.

NVIDIA announced that its Board of Directors has authorized a share repurchase program 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 purchase up to 1.5% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on NVDA shares. Barclays reissued an “overweight” rating on shares of NVIDIA in a report on Thursday, May 21st. Morgan Stanley reiterated an “overweight” rating on shares of NVIDIA in a research report on Tuesday. BTIG Research started coverage on NVIDIA in a research note on Wednesday, April 15th. They issued a “buy” rating for the company. Citigroup initiated coverage on shares of NVIDIA in a research note on Wednesday, April 15th. They set a “buy” rating on the stock. Finally, JPMorgan Chase & Co. lifted their target price on NVIDIA from $265.00 to $280.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $304.26.

Institutional Trading of NVIDIA

A number of hedge funds have recently modified their holdings of the stock. State Street Corp grew its position in NVIDIA by 1.2% in the fourth quarter. State Street Corp now owns 991,480,489 shares of the computer hardware maker’s stock valued at $184,911,111,000 after acquiring an additional 11,451,386 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of NVIDIA by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 588,803,093 shares of the computer hardware maker’s stock valued at $109,446,217,000 after acquiring an additional 3,383,441 shares during the last quarter. Norges Bank acquired a new stake in shares of NVIDIA during the 4th quarter valued at $62,244,133,000. Bank of America Corp DE grew its position in NVIDIA by 2.1% during the 1st quarter. Bank of America Corp DE now owns 191,200,989 shares of the computer hardware maker’s stock worth $33,345,453,000 after acquiring an additional 4,019,505 shares during the last quarter. Finally, Legal & General Group Plc increased its holdings in NVIDIA by 1.5% in the 3rd quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker’s stock worth $33,808,862,000 after purchasing an additional 2,609,560 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Insider Transactions at NVIDIA

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

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA is partnering with Apollo, Blackstone, BlackRock, Brookfield, Goldman Sachs and KKR to mobilize more than $500 billion in third-party capital for AI data centers and related infrastructure. The initiative could extend the AI spending cycle, increase demand for NVIDIA GPUs and reinforce its position at the center of the AI buildout. NVIDIA teams up with Wall Street asset managers on $500 billion AI infrastructure push
• Positive Sentiment: IBM and Together AI signed a multiyear, $240 million agreement to build an NVIDIA-powered AI inference cluster on IBM Cloud, providing evidence of continued enterprise and cloud demand for NVIDIA systems. IBM and Together AI ink $240 million deal for Nvidia-powered AI inference cluster
• Positive Sentiment: Wells Fargo reaffirmed its overweight rating and raised or reset its price target to $315, while Bank of America maintained a Buy rating and a $350 target. BofA expects NVIDIA’s August 26 results could begin a multi-quarter earnings and estimate upgrade cycle. NVIDIA’s Jensen Huang Says AI Isn’t Just Tech Anymore
• Neutral Sentiment: CEO Jensen Huang described NVIDIA chips and compute as an investable asset class. The strategy may broaden NVIDIA’s addressable market, but its ultimate benefit depends on whether financed data-center projects generate attractive returns and sustainable chip demand.
• Negative Sentiment: Investors are scrutinizing the risk of “circular” financing—NVIDIA helping fund infrastructure for buyers of its own products—which could inflate demand or increase credit and execution risks. Reports that NVIDIA may invest up to $3 billion in Lancium have also renewed debate over whether capital should be directed toward buybacks instead. Nvidia Stock Slips as Its AI Investments Draw Fresh Scrutiny
• Negative Sentiment: Additional overhangs include concerns about AI-infrastructure overbuilding, Microsoft exploring custom silicon to reduce reliance on NVIDIA, and isolated reports of institutional selling. These factors help explain the cautious market reaction despite strong long-term AI demand.

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.

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.