Howland Capital Management LLC Has $11.30 Million Holdings in Nebius Group N.V. $NBIS

Howland Capital Management LLC lowered its holdings in shares of Nebius Group N.V. (NASDAQ:NBISFree Report) by 26.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 135,030 shares of the company’s stock after selling 47,500 shares during the period. Howland Capital Management LLC’s holdings in Nebius Group were worth $11,303,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of NBIS. CI Investments Inc. acquired a new position in Nebius Group during the 4th quarter worth about $2,730,000. Federation des caisses Desjardins du Quebec raised its stake in Nebius Group by 696.5% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 13,572 shares of the company’s stock worth $1,136,000 after buying an additional 11,868 shares during the last quarter. MetLife Investment Management LLC bought a new position in Nebius Group during the fourth quarter worth $1,624,000. Commonwealth Equity Services LLC grew its stake in Nebius Group by 36.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 61,280 shares of the company’s stock worth $5,129,000 after purchasing an additional 16,480 shares during the period. Finally, Tocqueville Asset Management L.P. grew its stake in Nebius Group by 14.8% during the fourth quarter. Tocqueville Asset Management L.P. now owns 6,600 shares of the company’s stock worth $552,000 after purchasing an additional 850 shares during the period. 21.90% of the stock is currently owned by institutional investors and hedge funds.

Nebius Group Stock Performance

NASDAQ:NBIS opened at $232.36 on Friday. Nebius Group N.V. has a 1-year low of $43.89 and a 1-year high of $278.84. The company has a debt-to-equity ratio of 1.16, a current ratio of 8.33 and a quick ratio of 8.33. The business has a 50 day moving average of $184.47 and a 200 day moving average of $127.63. The company has a market capitalization of $58.79 billion, a price-to-earnings ratio of 74.96 and a beta of 4.03.

Nebius Group (NASDAQ:NBISGet Free Report) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($0.23) EPS for the quarter, topping the consensus estimate of ($0.77) by $0.54. The firm had revenue of $399.00 million for the quarter, compared to the consensus estimate of $375.13 million. Nebius Group had a net margin of 95.27% and a negative return on equity of 9.11%. The firm’s revenue for the quarter was up 684.0% compared to the same quarter last year. On average, sell-side analysts predict that Nebius Group N.V. will post -1.91 earnings per share for the current fiscal year.

Key Stories Impacting Nebius Group

Here are the key news stories impacting Nebius Group this week:

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on NBIS shares. DA Davidson cut shares of Nebius Group from a “buy” rating to a “neutral” rating and increased their price objective for the stock from $200.00 to $250.00 in a research report on Monday, May 18th. Citizens Jmp increased their target price on Nebius Group from $175.00 to $270.00 and gave the stock a “market outperform” rating in a report on Thursday, May 14th. Compass Point initiated coverage on shares of Nebius Group in a report on Wednesday, February 18th. They set a “buy” rating and a $150.00 price objective for the company. Citigroup increased their price objective on Nebius Group from $169.00 to $287.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Finally, Morgan Stanley lifted their price objective on shares of Nebius Group from $126.00 to $144.00 and gave the stock an “equal weight” rating in a report on Thursday, May 14th. Nine equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, Nebius Group has an average rating of “Moderate Buy” and an average target price of $203.25.

Read Our Latest Stock Analysis on Nebius Group

Insider Transactions at Nebius Group

In related news, Director Elena Bunina sold 10,894 shares of Nebius Group stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $206.87, for a total value of $2,253,641.78. Following the sale, the director owned 10,772 shares in the company, valued at $2,228,403.64. The trade was a 50.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Marc Boroditsky sold 10,776 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $276.20, for a total value of $2,976,331.20. Following the transaction, the executive owned 26,886 shares in the company, valued at $7,425,913.20. This trade represents a 28.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 694,898 shares of company stock valued at $130,681,379.

About Nebius Group

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding NBIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nebius Group N.V. (NASDAQ:NBISFree Report).

Institutional Ownership by Quarter for Nebius Group (NASDAQ:NBIS)

Receive News & Ratings for Nebius Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nebius Group and related companies with MarketBeat.com's FREE daily email newsletter.