NVIDIA's Board hires Joon H. Kim to conduct an independent investigation.
Quiver AI Summary
The independent members of NVIDIA's Board have announced the hiring of Joon H. Kim, the former acting U.S. Attorney for the Southern District of New York, along with his firm Wachtell, Lipton, Rosen & Katz, to carry out a comprehensive and independent investigation. This decision was made public on Sunday and indicates the Board's commitment to transparency and accountability in the investigation process.
Potential Positives
- The retention of a highly regarded former U.S. Attorney and a prestigious law firm signals the company's commitment to transparency and accountability in its operations.
- The independent investigation may help to clarify any concerns or issues, potentially strengthening investor and public confidence in the company.
- This move demonstrates proactive governance by the Board, which could enhance the company's reputation and integrity in the market.
Potential Negatives
- The retention of legal counsel for an independent investigation may indicate potential internal issues or controversies within the company.
- The involvement of a former U.S. Attorney suggests that the nature of the investigation could be serious, potentially impacting the company's reputation.
- Announcements of investigations can lead to increased scrutiny from regulators, investors, and the public, which may negatively affect stock performance and stakeholder trust.
FAQ
Who is leading the investigation for NVIDIA?
The investigation is being led by Joon H. Kim, former acting U.S. Attorney of the Southern District of New York.
What law firm is assisting NVIDIA's investigation?
NVIDIA has retained the firm Wachtell, Lipton, Rosen & Katz to assist in the investigation.
When was the investigation announced?
The investigation was announced on Sunday, November 10, 2026.
What is the purpose of NVIDIA's investigation?
The investigation aims to conduct a thorough and independent review regarding unspecified matters concerning NVIDIA.
Where is NVIDIA headquartered?
NVIDIA is headquartered in Santa Clara, California.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$NVDA Insider Trading Activity
$NVDA insiders have traded $NVDA stock on the open market 32 times in the past 6 months. Of those trades, 0 have been purchases and 32 have been sales.
Here’s a breakdown of recent trading of $NVDA stock by insiders over the last 6 months:
- MARK A STEVENS has made 0 purchases and 21 sales selling 6,121,740 shares for an estimated $1,353,730,171.
- TIMOTHY S. TETER (EVP, General Counsel and Sec) has made 0 purchases and 6 sales selling 60,460 shares for an estimated $13,323,047.
- COLETTE KRESS (EVP & Chief Financial Officer) has made 0 purchases and 3 sales selling 34,918 shares for an estimated $7,648,632.
- STEPHEN C NEAL sold 15,500 shares for an estimated $3,343,863
- JOHN DABIRI sold 625 shares for an estimated $133,750
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$NVDA Revenue
$NVDA had revenues of $96.2B in Q2 2027. This is an increase of 105.85% from the same period in the prior year.
You can track NVDA financials on Quiver Quantitative's NVDA stock page.
You can access data on NVDA stock through the Quiver Quantitative API.
$NVDA Congressional Stock Trading
Members of Congress have traded $NVDA stock 23 times in the past 6 months. Of those trades, 11 have been purchases and 12 have been sales.
Here’s a breakdown of recent trading of $NVDA stock by members of Congress over the last 6 months:
- REPRESENTATIVE MARIA ELVIRA SALAZAR has traded it 2 times. They made 2 purchases worth up to $30,000 on 10/23 and 0 sales.
- REPRESENTATIVE PETE SESSIONS sold up to $50,000 on 10/02.
- REPRESENTATIVE CLEO FIELDS has traded it 6 times. They made 6 purchases worth up to $90,000 on 10/01, 06/26 and 0 sales.
- REPRESENTATIVE DANIEL MEUSER has traded it 3 times. They made 0 purchases and 3 sales worth up to $45,000 on 09/25, 08/31, 05/27.
- REPRESENTATIVE JOHN MCGUIRE purchased up to $15,000 on 08/18.
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 2 times. They made 1 purchase worth up to $15,000 on 07/17 and 1 sale worth up to $15,000 on 08/18.
- SENATOR SHELDON WHITEHOUSE has traded it 3 times. They made 0 purchases and 3 sales worth up to $115,000 on 08/13, 06/30.
- SENATOR CORY A. BOOKER sold up to $50,000 on 08/11.
- REPRESENTATIVE SAM LICCARDO sold up to $50,000 on 07/21.
- REPRESENTATIVE DAN NEWHOUSE sold up to $15,000 on 07/10.
- REPRESENTATIVE MICHAEL A. RULLI purchased up to $15,000 on 06/25.
- REPRESENTATIVE MATTHEW VAN EPPS sold up to $15,000 on 06/16.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
$NVDA Hedge Fund Activity
We have seen 3,168 institutional investors add shares of $NVDA stock to their portfolio, and 2,505 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO added 449,404,578 shares (+inf%) to their portfolio in Q2 2026, for an estimated $89,921,362,012
- INVESCO LTD. added 186,832,782 shares (+130.9%) to their portfolio in Q2 2026, for an estimated $37,383,371,350
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 160,214,733 shares (+inf%) to their portfolio in Q2 2026, for an estimated $32,057,365,925
- FMR LLC removed 93,243,728 shares (-9.1%) from their portfolio in Q3 2026, for an estimated $21,295,002,600
- SG AMERICAS SECURITIES, LLC added 62,298,007 shares (+inf%) to their portfolio in Q2 2026, for an estimated $12,465,208,220
- CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM removed 22,264,066 shares (-32.6%) from their portfolio in Q2 2026, for an estimated $4,454,816,965
- CAPITAL WORLD INVESTORS removed 21,137,027 shares (-16.2%) from their portfolio in Q2 2026, for an estimated $4,229,307,732
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$NVDA Analyst Ratings
Wall Street analysts have issued reports on $NVDA in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Needham issued a "Buy" rating on 05/21/2026
To track analyst ratings and price targets for $NVDA, check out Quiver Quantitative's $NVDA forecast page.
$NVDA Price Targets
Multiple analysts have issued price targets for $NVDA recently. We have seen 21 analysts offer price targets for $NVDA in the last 6 months, with a median target of $310.0.
Here are some recent targets:
- Jack Zhou from China Renaissance set a target price of $319.0 on 06/05/2026
- N. Quinn Bolton from Needham set a target price of $270.0 on 06/02/2026
- Gil Luria from DA Davidson set a target price of $300.0 on 06/01/2026
- Ivan Feinseth from Tigress Financial set a target price of $425.0 on 05/27/2026
- Srini Pajjuri from RBC Capital set a target price of $270.0 on 05/21/2026
- Timothy Arcuri from UBS set a target price of $280.0 on 05/21/2026
- William Stein from Truist Securities set a target price of $307.0 on 05/21/2026
Full Release
SANTA CLARA, Calif., Nov. 10, 2026 (GLOBE NEWSWIRE) -- The independent members of the NVIDIA Board have retained former acting U.S. Attorney of the Southern District of New York Joon H. Kim and his firm Wachtell, Lipton, Rosen & Katz to conduct a thorough and independent investigation as was announced on Sunday.