Miracle Mile Advisors LLC Decreases Position in NVIDIA Corporation $NVDA

Miracle Mile Advisors LLC reduced its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 13.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 482,088 shares of the computer hardware maker’s stock after selling 73,458 shares during the period. NVIDIA accounts for about 1.3% of Miracle Mile Advisors LLC’s portfolio, making the stock its 14th largest holding. Miracle Mile Advisors LLC’s holdings in NVIDIA were worth $89,948,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in NVDA. Kingstone Capital Partners Texas LLC lifted its holdings in NVIDIA by 267,959.7% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock valued at $64,976,521,000 after purchasing an additional 382,231,120 shares in the last quarter. Norges Bank purchased a new stake in shares of NVIDIA during the second quarter worth $51,386,863,000. Laurel Wealth Advisors LLC raised its position in shares of NVIDIA by 15,496.1% in the second quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker’s stock valued at $3,454,534,000 after buying an additional 21,725,326 shares during the last quarter. Strs Ohio purchased a new position in shares of NVIDIA in the first quarter worth about $1,163,288,000. Finally, State Street Corp boosted its position in NVIDIA by 1.0% during the second quarter. State Street Corp now owns 978,208,862 shares of the computer hardware maker’s stock worth $154,556,803,000 after acquiring an additional 9,554,857 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: CES / Rubin product momentum — Investors cheered NVIDIA’s CES reveals (Rubin rack-scale architecture, Vera Rubin lineup and new inference-focused products) because they accelerate enterprise adoption and create higher-margin, platform-level lock‑in that supports longer-term revenue growth. Nvidia Pulls The Timeline Forward: Why Rubin Changes The AI Game
• Positive Sentiment: Potential China sales re-opening — Multiple reports say Beijing may allow limited H200 imports for commercial use; that market could be a multi‑billion dollar tailwind if approvals continue. China to allow limited imports of Nvidia’s H200 chips
• Positive Sentiment: Large customer interest and partner wins — Reports of potential mega orders (Alibaba) and partner deployments (Archer, Super Micro, Eleveight AI, Nebius using Blackwell/ Rubin) signal strong enterprise demand and ecosystem monetization opportunities. Alibaba Steps Up AI Race With Potential Nvidia Mega Order
• Positive Sentiment: Bullish analyst/street coverage — Citi, Evercore and others have reiterated Buy/Outperform ratings and raised price targets after CES and product updates, which supports institutional demand and higher targets. Citi Maintains a Buy on NVIDIA
• Neutral Sentiment: Corporate moves — NVIDIA named its first CMO (Google veteran Alison Wagonfeld). Useful for branding and go‑to‑market as the company expands into “physical AI,” but not an immediate revenue driver. Nvidia Hires Google Veteran as Its First Chief Marketing Officer
• Neutral Sentiment: Sector/market chatter — Coverage highlights NVDA as a core AI play vs. peers (Broadcom, AMD) and notes potential upside from robotaxi and physical AI initiatives; helpful context but mixed timing. Nvidia Vs Broadcom: Which AI Stock To Bet On?
• Negative Sentiment: China execution risk — Reuters and other outlets report NVIDIA is requiring full upfront payments for H200 orders in China as approvals remain uncertain; that reflects demand uncertainty and could suppress near‑term revenue recognition from a large market. Exclusive: Nvidia requires full upfront payment for H200 chips in China
• Negative Sentiment: Short‑term sentiment volatility — Mixed signals on China approvals and recent intra‑day selling after the CES run prompted some profit‑taking; this increases near‑term volatility despite strong long-term fundamentals. Nvidia stock down around 2% as China uncertainty continues to dampen sentiment

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Robert W. Baird reiterated an “outperform” rating and issued a $275.00 price objective on shares of NVIDIA in a report on Friday, December 26th. UBS Group reaffirmed a “buy” rating on shares of NVIDIA in a report on Tuesday, January 6th. JPMorgan Chase & Co. lifted their price objective on NVIDIA from $215.00 to $250.00 and gave the stock an “overweight” rating in a research report on Thursday, November 20th. Tigress Financial restated a “strong-buy” rating and issued a $350.00 target price (up from $280.00) on shares of NVIDIA in a report on Thursday, December 18th. Finally, Mizuho set a $275.00 target price on NVIDIA and gave the stock an “outperform” rating in a research note on Friday. Five analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $262.84.

Insider Activity at NVIDIA

In other NVIDIA news, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $177.33, for a total value of $44,332,500.00. Following the sale, the director directly owned 6,933,280 shares of the company’s stock, valued at approximately $1,229,478,542.40. This represents a 3.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Debora Shoquist sold 80,000 shares of NVIDIA stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $184.65, for a total transaction of $14,772,000.00. Following the sale, the executive vice president directly owned 1,574,443 shares of the company’s stock, valued at approximately $290,720,899.95. This trade represents a 4.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,836,474 shares of company stock worth $335,473,492 over the last ninety days. 4.17% of the stock is currently owned by insiders.

NVIDIA Stock Performance

Shares of NVIDIA stock opened at $184.86 on Monday. The firm has a market cap of $4.49 trillion, a PE ratio of 45.87, a price-to-earnings-growth ratio of 0.90 and a beta of 2.31. The company has a quick ratio of 3.71, a current ratio of 4.47 and a debt-to-equity ratio of 0.06. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $212.19. The business’s fifty day simple moving average is $185.22 and its 200-day simple moving average is $179.93.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.23 by $0.07. NVIDIA had a return on equity of 99.24% and a net margin of 53.01%.The firm had revenue of $57.01 billion during the quarter, compared to the consensus estimate of $54.66 billion. During the same period last year, the company earned $0.81 EPS. The company’s quarterly revenue was up 62.5% on a year-over-year basis. Equities analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Thursday, December 4th were paid a $0.01 dividend. The ex-dividend date was Thursday, December 4th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA’s payout ratio is currently 0.99%.

NVIDIA Company Profile

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.