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

Posted by Michael Walen 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 Price Performance

Shares of NASDAQ:NVDA traded up $2.64 during trading on Tuesday, hitting $205.92. 26,327,358 shares of the company were exchanged, compared to its average volume of 165,266,469. 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 company has a market capitalization of $4.98 trillion, a P/E ratio of 31.47, a price-to-earnings-growth ratio of 0.45 and a beta of 2.21. NVIDIA Corporation has a 1-year low of $164.07 and a 1-year high of $236.54. The business’s 50 day moving average is $209.31 and its 200-day moving average is $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 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 company had revenue of $81.61 billion for the quarter, compared to analysts’ expectations of $78.42 billion. During the same period in the previous year, the business posted $0.81 earnings per share. The business’s quarterly revenue was up 85.2% compared to the same quarter last year. Equities analysts forecast that NVIDIA Corporation will post 8.79 earnings per share for the current year.

NVIDIA Increases Dividend

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

NVIDIA declared that its Board of Directors has initiated a stock repurchase program on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in 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 usually a sign that the company’s board believes its shares are undervalued.

Institutional Investors Weigh In On NVIDIA

Several hedge funds have recently bought and sold shares of NVDA. Quantum Financial Partners LLC bought a new position in shares of NVIDIA during the second quarter valued at approximately $3,178,000. Envestnet Portfolio Solutions Inc. increased its position in NVIDIA by 6.7% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 997,308 shares of the computer hardware maker’s stock valued at $199,533,000 after buying an additional 62,828 shares in the last quarter. B.O.S.S. Retirement Advisors LLC raised its stake in NVIDIA by 0.9% during the second quarter. B.O.S.S. Retirement Advisors LLC now owns 34,840 shares of the computer hardware maker’s stock valued at $6,971,000 after buying an additional 299 shares during the last quarter. Arkansas Financial Group Inc. raised its stake in NVIDIA by 5.4% during the second quarter. Arkansas Financial Group Inc. now owns 2,649 shares of the computer hardware maker’s stock valued at $530,000 after buying an additional 136 shares during the last quarter. Finally, First United Bank & Trust boosted its holdings in NVIDIA by 4.0% in the second quarter. First United Bank & Trust now owns 22,992 shares of the computer hardware maker’s stock worth $4,600,000 after acquiring an additional 885 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: Nvidia disclosed a 9.3% stake in Nebius, highlighting a strategic bet on AI cloud infrastructure and boosting sentiment across AI-related stocks. Nebius stock surges as Nvidia discloses 9.3% stake in neocloud
Positive Sentiment: NVIDIA also announced expanded Omniverse libraries in its Agent Toolkit, which could support more adoption of its simulation and “physical AI” software stack. NVIDIA Agent Toolkit Expands With New Omniverse Libraries, Putting AI Agents to Work Building Simulation-Ready Worlds
Neutral Sentiment: Wall Street sentiment remains constructive, with NVDA added to a Zacks Strong Buy list and several analyst targets still well above current levels. New Strong Buy Stocks for July 21st
Neutral Sentiment: At the same time, investors are still watching for Big Tech earnings and signs that AI infrastructure spending stays strong, since recent semiconductor volatility shows the sector is still prone to sharp swings. 5 Things to Know Before the Stock Market Opens on Tuesday
Negative Sentiment: Ongoing debate about AI-stock valuations and competition in semiconductors may cap gains, especially after the sector’s recent pullback and renewed concerns about concentration in a handful of mega-cap names. Bristol Myers buys Nvidia’s latest AI computing system for drug research

Insider Transactions at NVIDIA

In related news, Director John Dabiri sold 625 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total value of $133,750.00. Following the transaction, the director owned 14,163 shares in the company, valued at $3,030,882. The trade was a 4.23% decrease in their position. The sale was disclosed in a document filed with the SEC, 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 stock in a transaction dated 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 sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,901,125 shares of company stock valued at $410,583,015 in the last quarter. 3.94% of the stock is owned by insiders.

Analyst Ratings Changes

NVDA has been the topic of a number of research analyst reports. Zacks Research cut NVIDIA from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 21st. Melius Research set a $400.00 price objective on NVIDIA in a research report on Thursday, May 21st. DA Davidson reaffirmed a “buy” rating and set a $300.00 price objective on shares of NVIDIA in a research note on Monday, June 1st. Evercore reissued an “outperform” rating and issued a $413.00 price target (up from $352.00) on shares of NVIDIA in a report on Thursday, May 21st. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $350.00 target price on shares of NVIDIA in a research note on Thursday, May 21st. Two research 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. Based on data from MarketBeat.com, NVIDIA has an average rating of “Moderate Buy” and a consensus price target of $304.26.

Get Our Latest Analysis on NVIDIA

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.

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.