Goldstein Advisors LLC Makes New $400,000 Investment in Nebius Group N.V. $NBIS

Goldstein Advisors LLC acquired a new position in shares of Nebius Group N.V. (NASDAQ:NBIS) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 7,227 shares of the company’s stock, valued at approximately $400,000.

A number of other large investors also recently added to or reduced their stakes in NBIS. GAMMA Investing LLC acquired a new position in Nebius Group during the first quarter worth $80,000. Farther Finance Advisors LLC acquired a new position in Nebius Group during the first quarter worth $152,000. PFG Investments LLC acquired a new position in Nebius Group during the first quarter worth $860,000. Cambridge Investment Research Advisors Inc. acquired a new position in Nebius Group during the first quarter worth $208,000. Finally, Oppenheimer Asset Management Inc. acquired a new position in Nebius Group during the first quarter worth $220,000. 21.90% of the stock is currently owned by institutional investors and hedge funds.

Nebius Group Trading Down 7.8%

Shares of NBIS opened at $113.44 on Friday. The company has a current ratio of 14.70, a quick ratio of 14.70 and a debt-to-equity ratio of 0.31. Nebius Group N.V. has a 12-month low of $14.09 and a 12-month high of $141.10. The firm has a 50-day moving average price of $93.37 and a 200 day moving average price of $58.49. The firm has a market capitalization of $26.74 billion, a P/E ratio of -199.02 and a beta of 3.45.

Nebius Group (NASDAQ:NBIS) last announced its quarterly earnings data on Thursday, August 7th. The company reported ($0.38) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.41) by $0.03. Nebius Group had a net margin of 99.34% and a return on equity of 6.14%. The firm had revenue of $105.10 million during the quarter, compared to analyst estimates of $95.60 million. Sell-side analysts forecast that Nebius Group N.V. will post -1.1 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on NBIS shares. Wall Street Zen upgraded shares of Nebius Group from a “sell” rating to a “hold” rating in a research report on Tuesday, September 30th. DA Davidson reaffirmed a “buy” rating and set a $75.00 target price on shares of Nebius Group in a report on Tuesday, September 9th. Seaport Res Ptn raised shares of Nebius Group to a “hold” rating in a report on Monday, September 15th. BWS Financial upped their target price on shares of Nebius Group from $90.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday, September 9th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nebius Group in a report on Tuesday, October 14th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Nebius Group currently has an average rating of “Buy” and a consensus target price of $91.20.

Nebius Group Profile

Nebius Group N.V., a technology company, builds intelligent products and services powered by machine learning and other technologies to help consumers and businesses navigate the online and offline world. The company’s services include Nebius AI, an AI-centric cloud platform that offers infrastructure and computing capability for AI deployment and machine-learning oriented solutions; and Toloka AI that offers generative AI (GenAI) solutions at every stage of the GenAI lifecycle, such as data annotation and generation, model training and fine-tuning, and quality assessment of large language model for accuracy and reliability.