Rep. Dan Newhouse Sells NVIDIA Corporation (NASDAQ:NVDA) Shares

Posted by Francis Steltz on Jul 21st, 2026

Representative Dan Newhouse (Republican-Washington) recently sold shares of NVIDIA Corporation (NASDAQ:NVDA). In a filing disclosed on July 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in NVIDIA stock on July 10th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.

Representative Dan Newhouse also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 7/10/2026.
Sold $1,001 – $15,000 in shares of Deere & Company (NYSE:DE) on 7/10/2026.
Purchased $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 7/10/2026.
Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 7/10/2026.
Sold $1,001 – $15,000 in shares of Hershey (NYSE:HSY) on 7/10/2026.
Purchased $1,001 – $15,000 in shares of Duke Energy (NYSE:DUK) on 7/10/2026.
Purchased $1,001 – $15,000 in shares of Amcor (NYSE:AMCR) on 7/10/2026.
Sold $1,001 – $15,000 in shares of Fortinet (NASDAQ:FTNT) on 7/10/2026.
Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 7/10/2026.
Purchased $1,001 – $15,000 in shares of Accenture (NYSE:ACN) on 7/10/2026.

NVIDIA Stock Up 0.2%

Shares of NASDAQ NVDA opened at $203.28 on Tuesday. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $4.92 trillion, a price-to-earnings ratio of 31.13, a price-to-earnings-growth ratio of 0.45 and a beta of 2.21. NVIDIA Corporation has a 52 week low of $164.07 and a 52 week high of $236.54. The firm has a 50-day moving average price of $209.31 and a 200 day moving average price of $195.26.

NVIDIA (NASDAQ:NVDA – Get Free Report) last released its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, topping 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 business 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 company posted $0.81 EPS. The business’s revenue was up 85.2% on a year-over-year basis. Equities research analysts anticipate that NVIDIA Corporation will post 8.79 EPS for the current fiscal year.

NVIDIA declared that its Board of Directors has initiated a share buyback plan on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in shares. This repurchase authorization authorizes the computer hardware maker to reacquire up to 1.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

NVIDIA Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were issued a $0.25 dividend. The ex-dividend date 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 15.31%.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: NVIDIA expanded Omniverse libraries in Agent Toolkit, strengthening its physical AI and simulation software ecosystem. Article Title
Positive Sentiment: Bristol Myers Squibb expanded use of NVIDIA systems for drug discovery, highlighting demand beyond traditional tech customers. Article Title
Positive Sentiment: QumulusAI bought 1,632 Blackwell GPUs, signaling continued strong appetite for NVIDIA’s AI hardware. Article Title
Neutral Sentiment: Analysts and market commentary continue to frame NVIDIA as a long-term AI winner, but many pieces are mostly valuation-focused rather than new fundamental catalysts. Article Title
Negative Sentiment: AMD’s Microsoft-backed Helios launch has intensified concerns about competitive pressure in AI data centers. Article Title
Negative Sentiment: Broader semiconductor selloff and “AI bubble” worries may be capping upside and keeping investors cautious. Article Title

Insider Buying and Selling

In other news, Director Mark A. Stevens sold 885,000 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total value of $186,000,450.00. Following the completion of the sale, the director directly owned 5,207,271 shares of the company’s stock, valued at approximately $1,094,412,146.07. This represents a 14.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director John Dabiri sold 625 shares of the 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 completion of the transaction, the director owned 14,163 shares of the company’s stock, valued at $3,030,882. This trade 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 1,901,125 shares of company stock valued at $410,583,015 over the last 90 days. 3.94% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on NVDA shares. BNP Paribas Exane increased their price objective on shares of NVIDIA from $270.00 to $285.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Weiss Ratings reiterated a “buy (b)” rating on shares of NVIDIA in a research note on Wednesday, July 8th. Zacks Research cut NVIDIA from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 21st. Benchmark reaffirmed a “buy” rating and issued a $335.00 price target (up from $250.00) on shares of NVIDIA in a report on Thursday, May 21st. Finally, Deutsche Bank Aktiengesellschaft reiterated 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. Two analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $304.26.

Check Out Our Latest Research Report on NVDA

Hedge Funds Weigh In On NVIDIA

Institutional investors have recently modified their holdings of the company. State Street Corp raised its stake in NVIDIA by 1.2% during the 4th 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 in the last quarter. Geode Capital Management LLC grew its stake in shares of NVIDIA by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 588,803,093 shares of the computer hardware maker’s stock worth $109,446,217,000 after purchasing an additional 3,383,441 shares in the last quarter. Norges Bank bought a new position in shares of NVIDIA in the fourth quarter worth $62,244,133,000. Bank of America Corp DE increased its holdings in shares of NVIDIA by 2.1% during the first quarter. Bank of America Corp DE now owns 191,200,989 shares of the computer hardware maker’s stock valued at $33,345,453,000 after purchasing an additional 4,019,505 shares during the period. Finally, Legal & General Group Plc raised its stake in shares of NVIDIA by 1.5% during the third quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker’s stock valued at $33,808,862,000 after purchasing an additional 2,609,560 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.

Click here to see Newhouse’s key votes in Congress.

Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.

Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

NVIDIA Company Profile

(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.