Rep. Gilbert Ray Cisneros, Jr. Buys NVIDIA Corporation (NASDAQ:NVDA) Stock

Posted by Brian Himes on Sep 8th, 2026

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of NVIDIA Corporation (NASDAQ:NVDA). In a filing disclosed on September 04th, the Representative disclosed that they had bought between $1,001 and $15,000 in NVIDIA stock on July 17th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

Purchased $15,001 – $50,000 in shares of Mesabi Trust (NYSE:MSB) on 7/31/2026.
Purchased $1,001 – $15,000 in shares of Praxis Precision Medicines (NASDAQ:PRAX) on 7/30/2026.
Purchased $15,001 – $50,000 in shares of Alkermes (NASDAQ:ALKS) on 7/30/2026.
Sold $15,001 – $50,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 7/30/2026.
Sold $100,001 – $250,000 in shares of Alibaba Group (NYSE:BABA) on 7/24/2026.
Sold $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 7/24/2026.
Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 7/21/2026.
Purchased $1,001 – $15,000 in shares of SailPoint (NASDAQ:SAIL) on 7/21/2026.
Purchased $1,001 – $15,000 in shares of Glacier Bancorp (NYSE:GBCI) on 7/21/2026.
Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 7/21/2026.

NVIDIA Trading Down 2.0%

NVIDIA stock traded down $4.57 during trading on Tuesday, reaching $225.79. The company had a trading volume of 74,560,543 shares, compared to its average volume of 158,404,703. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. The firm has a market capitalization of $5.44 trillion, a price-to-earnings ratio of 28.58, a PEG ratio of 1.81 and a beta of 2.22. NVIDIA Corporation has a 12-month low of $164.27 and a 12-month high of $236.54. The stock’s 50 day moving average price is $211.32 and its two-hundred day moving average price is $202.51.

NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The company had revenue of $96.22 billion during the quarter, compared to analysts’ expectations of $92.27 billion. During the same period in the previous year, the company earned $1.05 EPS. The business’s quarterly revenue was up 105.9% compared to the same quarter last year. As a group, equities analysts expect that NVIDIA Corporation will post 9.1 earnings per share for the current fiscal year.

NVIDIA announced that its board has initiated a stock buyback program on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization authorizes the computer hardware maker to repurchase up to 1.5% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board believes its shares are undervalued.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Thursday, September 10th. NVIDIA’s dividend payout ratio is presently 12.64%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of NVDA. Norges Bank bought a new stake in NVIDIA in the 4th quarter valued at about $62,244,133,000. J. Stern & Co. LLP increased its stake in shares of NVIDIA by 13,709.1% in the fourth quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker’s stock valued at $23,454,297,000 after purchasing an additional 124,849,603 shares during the period. Jupiter Topco LLC bought a new stake in shares of NVIDIA during the second quarter valued at approximately $16,156,076,000. Cardano Risk Management B.V. raised its holdings in shares of NVIDIA by 896.4% during the fourth quarter. Cardano Risk Management B.V. now owns 78,123,960 shares of the computer hardware maker’s stock valued at $14,570,119,000 after buying an additional 70,283,539 shares during the last quarter. Finally, Capital Research Global Investors boosted its position in shares of NVIDIA by 16.1% during the third quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker’s stock worth $30,855,564,000 after buying an additional 22,896,705 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

NVDA has been the subject of a number of analyst reports. Rosenblatt Securities reissued a “buy” rating and issued a $390.00 price objective on shares of NVIDIA in a research report on Friday. Phillip Securities boosted their price target on NVIDIA from $285.00 to $300.00 and gave the stock a “buy” rating in a research note on Monday, August 31st. Oppenheimer set a $315.00 price objective on NVIDIA and gave the company an “outperform” rating in a research note on Thursday, August 27th. Needham & Company LLC restated a “buy” rating and set a $300.00 price objective on shares of NVIDIA in a report on Friday. Finally, Truist Financial upped their target price on NVIDIA from $307.00 to $346.00 and gave the company a “buy” rating in a research report on Thursday, August 27th. Two analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, NVIDIA currently has an average rating of “Moderate Buy” and an average target price of $324.83.

Get Our Latest Research Report on NVDA

Insider Buying and Selling

In related news, Director Mark Stevens sold 885,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $210.17, for a total value of $186,000,450.00. Following the sale, the director directly owned 5,207,271 shares in the company, valued at $1,094,412,146.07. This trade represents a 14.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Timothy Teter sold 30,000 shares of the business’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $217.88, for a total value of $6,536,400.00. Following the transaction, the executive vice president owned 2,687,660 shares of the company’s stock, valued at $585,587,360.80. This trade represents a 1.10% decrease in their position. 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 1,563,501 shares of company stock valued at $335,380,530 over the last three months. Corporate insiders own 3.94% of the company’s stock.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: NVIDIA’s planned purchase of Hugging Face for approximately $12.9 billion could strengthen its software and developer ecosystem, improve AI-model efficiency, and expand its full-stack platform beyond chips. The key risk is whether Hugging Face can retain its open-source community after the acquisition. NVDA Hugging Face Deal: AI Efficiency Ramp Sees Security, Power Headwinds
Positive Sentiment: Analysts continue to point to powerful earnings momentum. Recent quarterly revenue reached $96.2 billion, with Data Center revenue growing 18% sequentially and non-GAAP gross margin remaining near 75%. Blackwell, networking, Vera Rubin and broader AI infrastructure demand are viewed as multiple growth engines. Nvidia’s Earnings Staircase Keeps the Momentum Rolling
Positive Sentiment: CEO Jensen Huang defended the durability and profitability of NVIDIA’s installed chip base, arguing that older GPUs remain rentable and continue generating revenue for customers. This supports the view that demand extends beyond the newest accelerator launches. Jensen Huang Calls Nvidia Chips a Revenue-Generating Asset
Neutral Sentiment: Long-term bullish commentary remains widespread, including expectations for roughly 70% fiscal 2028 revenue growth and potentially substantial upside through 2030. However, these forecasts require continued hyperscaler spending and successful product execution. Price Prediction: Nvidia Stock Could Be Worth This Much by 2030
Negative Sentiment: The immediate pullback reflects profit-taking after three consecutive advancing sessions, alongside pressure on broader markets from higher oil prices and renewed Middle East tensions. NVIDIA’s decline is notable because some semiconductor peers moved higher. Why Nvidia Stock Is Down Even as AI Peers Surge
Negative Sentiment: Investors are also weighing competition from custom AI accelerators, potential opposition to power-hungry data centers, insider selling, and a $1.5 billion share offering by supplier Wistron to fund capacity and inventory. These issues raise valuation, supply-chain and demand-sustainability concerns.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.