Brookstone Capital Management 13F: Cuts NVDA Stake by $8.1M

Brookstone Capital Management trimmed its stake in NVIDIA Corporation (NasdaqGS: NVDA) during the third quarter, according to a Form 13F filing with the SEC on October 22, 2026. The institutional investor filed the disclosure on October 22, revealing a reduction in its holdings of the semiconductor giant. NVIDIA shares closed at $221.97 on the filing date.

NVDA NVIDIA Corporation

$221.97 ▲ +17.81% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in Brookstone Capital Management's NVIDIA Position

Brookstone Capital Management lowered its position by 35,537 shares, marking a 3.6% decrease from its prior count of 981,311 shares. The firm ended the period with 945,774 shares of NVIDIA Corporation. The reported value of the remaining stake sat at $215,995,915.

Other Institutional Activity in NVIDIA

Other major funds adjusted their positions around the same time. Perigon Wealth Management grew its holdings by -82894 shares, ending with 1639250 shares worth about $374,371,971. RMR Wealth Builders lifted its NVIDIA stake by 3,102 shares to 252,608 shares valued at roughly $57,753,199. Oriental Harbor Investment Master Fund grew its holdings by 148,678 shares, ending with 1,232,505 shares worth about $281,479,491. Sepio Capital lifted its stake by 26,709 shares, ending with 175,248 shares valued at roughly $40,023,170. Royal Fund Management grew its holdings by -23,697 shares, ending with 78,462 shares worth about $17,919,341.

NVIDIA Corporation Stock Down 1.9%

NVIDIA Corporation recently traded around $212.28 as of October 23, 2026, sitting below its 50-day moving average of $223.01 and above its 200-day moving average of $203.43. The stock trades below its 52-week high of $243.37 and above its 52-week low of $164.27. The company commands a market capitalization of over $5.35 trillion with a trailing P/E ratio of 28.06.

Recent Earnings

NVIDIA Corporation reported $302.97 billion in trailing twelve month revenue and earnings of $7.91 per share. The firm generated a net profit margin of 63.7% and a return on equity of 117.2%. The company's next earnings report is scheduled for November 17, 2026.

Dividend

The company pays an annual dividend rate of $1.00 per share, yielding 0.45% with a payout ratio of 3.5%.

Insider Buying and Selling at NVIDIA Corporation

Insider transactions included multiple sales by company directors and executives prior to the filing. Director Mark A Stevens sold 1,848,501 shares on September 2, 2026, for a total value of $410,843,671. The same director sold 1,022,239 shares on September 4, 2026, worth $235,636,867, and another 1,366,000 shares on September 18, 2026, valued at $300,147,095. General Counsel Timothy S Teter sold 30,460 shares on September 21, 2026, for $6,786,533.

Analysts Set New Price Targets

Analyst coverage remained active ahead of the filing period. Rosenblatt maintained a buy rating with a $390.00 price target on September 4, 2026. Piper Sandler initiated coverage with an overweight rating and a $300.00 price target on September 10, 2026. Rosenblatt reiterated its buy rating at $390.00 on September 29, 2026. Cantor Fitzgerald reiterated an overweight rating with a $350.00 target on October 1, 2026, and Needham reiterated a buy rating at $300.00 on October 22, 2026. The stock currently holds a consensus strong buy rating from 59 analysts with a mean price target of $328.72.

About NVIDIA Corporation

NVIDIA Corporation designs accelerated computing and networking platforms, artificial intelligence solutions, and graphics hardware used worldwide in data centers, automotive systems, and consumer devices. The company's hardware and software power modern data center scale AI infrastructure across enterprise markets.

Bottom Line

Brookstone Capital Management continues to adjust its portfolio exposure as shares navigate levels near key moving averages. Investors will look toward the upcoming earnings release on November 17, 2026, for further updates on enterprise demand and profit margins.