Brown Miller Wealth Management LLC Cuts Position in NVIDIA Corporation $NVDA

Posted by Sarita Garza on Jul 8th, 2026

Brown Miller Wealth Management LLC decreased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 1.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 265,123 shares of the computer hardware maker’s stock after selling 4,040 shares during the quarter. NVIDIA makes up about 13.1% of Brown Miller Wealth Management LLC’s investment portfolio, making the stock its biggest holding. Brown Miller Wealth Management LLC’s holdings in NVIDIA were worth $46,237,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Presidio Capital Management LLC raised its holdings in NVIDIA by 0.4% during the fourth quarter. Presidio Capital Management LLC now owns 15,137 shares of the computer hardware maker’s stock worth $2,823,000 after acquiring an additional 53 shares in the last quarter. LMG Wealth Partners LLC grew its stake in NVIDIA by 0.7% in the fourth quarter. LMG Wealth Partners LLC now owns 7,649 shares of the computer hardware maker’s stock valued at $1,427,000 after purchasing an additional 53 shares in the last quarter. Vision Financial Markets LLC increased its position in shares of NVIDIA by 1.2% during the 3rd quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker’s stock worth $866,000 after purchasing an additional 53 shares during the last quarter. Great Oak Capital Partners LLC raised its stake in shares of NVIDIA by 3.8% during the 4th quarter. Great Oak Capital Partners LLC now owns 1,508 shares of the computer hardware maker’s stock worth $285,000 after purchasing an additional 55 shares in the last quarter. Finally, JGP Global Gestao de Recursos Ltda. raised its stake in shares of NVIDIA by 2.3% during the 4th quarter. JGP Global Gestao de Recursos Ltda. now owns 2,402 shares of the computer hardware maker’s stock worth $448,000 after purchasing an additional 55 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Performance

NASDAQ:NVDA opened at $196.93 on Wednesday. The stock has a market cap of $4.77 trillion, a P/E ratio of 30.16, a PEG ratio of 0.43 and a beta of 2.21. The stock has a 50 day simple moving average of $209.91 and a 200 day simple moving average of $193.94. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04. NVIDIA Corporation has a 1-year low of $158.39 and a 1-year high of $236.54.

NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, beating analysts’ consensus estimates of $1.76 by $0.11. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The firm had revenue of $81.61 billion for the quarter, compared to analyst estimates of $78.42 billion. During the same period in the prior year, the firm posted $0.81 EPS. The company’s revenue for the quarter was up 85.2% on a year-over-year basis. Research analysts anticipate that NVIDIA Corporation will post 8.69 earnings per share for the current year.

NVIDIA announced that its board has initiated a stock 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 repurchase up to 1.5% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s board believes its stock is undervalued.

NVIDIA Increases Dividend

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

Insiders Place Their Bets

In related news, Director Stephen C. Neal sold 15,500 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total value of $3,343,815.00. Following the completion of the sale, the director directly owned 116,135 shares in the company, valued at approximately $25,053,803.55. The trade was a 11.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Mark A. Stevens sold 885,000 shares of the 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 represents a 14.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 1,901,125 shares of company stock worth $410,583,015 in the last quarter. 3.94% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research firms recently weighed in on NVDA. Craig Hallum raised their target price on shares of NVIDIA from $245.00 to $275.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. DA Davidson reaffirmed a “buy” rating and set a $300.00 price target on shares of NVIDIA in a research report on Monday, June 1st. CICC Research increased their price target on shares of NVIDIA from $240.60 to $268.30 and gave the company an “outperform” rating in a research note on Friday, May 22nd. UBS Group lifted their price objective on shares of NVIDIA from $275.00 to $280.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Finally, Rothschild & Co Redburn boosted their price objective on shares of NVIDIA from $280.00 to $300.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Three 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’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $303.84.

Check Out Our Latest Analysis on NVDA

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: AI startup Perplexity said it plans to use NVIDIA’s new CPU, reinforcing demand for NVIDIA’s expanding data-center and AI silicon lineup. Perplexity says it plans to use Nvidia’s new CPU
Positive Sentiment: NVIDIA-backed Nscale secured a $900 million revolving credit facility to accelerate data-center buildout, signaling continued capital support for NVIDIA’s AI infrastructure ecosystem. Nvidia-Backed Startup Nscale Locks in $900 Million for Data-Center Buildout
Positive Sentiment: Several commentaries argued NVIDIA remains undervalued relative to its AI growth profile, with analysts and bullish writers pointing to strong revenue growth, robust cash flow, and ongoing AI spending as reasons to stay constructive on the stock. Nvidia Stock Looks Cheap, Goldman Says Buy
Neutral Sentiment: NVIDIA and related AI chip names were caught in a broader semiconductor sell-off tied to market volatility and liquidity stress, which appears to be weighing on the stock even though the move may be more about sector plumbing than NVIDIA’s fundamentals. The AI Chip Sell-Off Looks Scary, But the Real Story May Be Liquidity
Neutral Sentiment: Reports also highlighted that NVIDIA’s AI ecosystem is expanding into life sciences and enterprise workflows, including new initiatives with Certara and Silo Pharma, which supports the long-term adoption story but is unlikely to move the stock sharply on its own. Certara, Silo Pharma Advance AI Agent Strategies with Nvidia Initiatives
Negative Sentiment: A Reuters-linked report said Chinese AI startup DeepSeek is developing its own inference chip, raising concerns that major AI customers want to reduce reliance on NVIDIA hardware. Perplexity says it plans to use Nvidia’s new CPU
Negative Sentiment: Another headline said NVIDIA’s next-gen Kyber NVL144 AI rack may be delayed until 2028 due to circuit board/manufacturing issues, which has fueled concerns about product cadence and near-term growth visibility. Nvidia’s next-gen AI rack system delayed to 2028 on manufacturing snags, SemiAnalysis says
Negative Sentiment: Additional reports noted DeepSeek’s in-house chip efforts and broader AI chip competition fears, adding to pressure on NVIDIA shares as investors reassess how durable its hardware dominance will be. Nvidia Stock Drops Again as More AI Chip Competition Fears Emerge

NVIDIA Profile

(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.