Mirae Asset Global Investments Co. Ltd. acquired a new stake in Nebius Group N.V. (NASDAQ:NBIS – Free Report) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 497,582 shares of the company’s stock, valued at approximately $117,370,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in NBIS. Allied Private Wealth LLC bought a new stake in shares of Nebius Group during the second quarter worth $25,000. Sound Income Strategies LLC lifted its stake in shares of Nebius Group by 62.5% during the first quarter. Sound Income Strategies LLC now owns 260 shares of the company’s stock valued at $27,000 after acquiring an additional 100 shares during the period. Sarver Vrooman Wealth Advisors acquired a new position in shares of Nebius Group during the second quarter valued at $28,000. GoalVest Advisory LLC bought a new position in Nebius Group in the second quarter valued at about $28,000. Finally, Eastern Bank boosted its holdings in Nebius Group by 66.3% in the third quarter. Eastern Bank now owns 158 shares of the company’s stock valued at $37,000 after acquiring an additional 63 shares during the last quarter. 21.90% of the stock is owned by institutional investors and hedge funds.
Nebius Group Price Performance
Shares of NBIS opened at $154.14 on Friday. The stock has a market cap of $39.00 billion, a P/E ratio of -5,136.29 and a beta of 4.18. Nebius Group N.V. has a 1 year low of $73.52 and a 1 year high of $299.86. The stock’s 50-day moving average price is $209.70 and its two-hundred day moving average price is $176.87. The company has a current ratio of 4.03, a quick ratio of 4.03 and a debt-to-equity ratio of 0.82.
Nebius Group (NASDAQ:NBIS – Get Free Report) last announced its quarterly earnings results on Thursday, August 13th. The company reported ($0.12) EPS for the quarter, beating analysts’ consensus estimates of ($0.67) by $0.55. The company had revenue of $582.30 million during the quarter, compared to analysts’ expectations of $567.91 million. Nebius Group had a negative return on equity of 6.03% and a net margin of 4.55%. Nebius Group’s revenue was up 454% on a year-over-year basis. During the same period in the prior year, the business posted $2.38 EPS. On average, equities analysts predict that Nebius Group N.V. will post -3.19 earnings per share for the current year.
Insider Activity
In related news, insider Andrey Korolenko sold 29,090 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $234.16, for a total transaction of $6,811,714.40. Following the completion of the transaction, the insider owned 522,248 shares in the company, valued at approximately $122,289,591.68. The trade was a 5.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Arkadiy Volozh sold 37,778 shares of the company’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $234.16, for a total transaction of $8,846,096.48. Following the completion of the sale, the chief executive officer directly owned 785,236 shares of the company’s stock, valued at $183,870,861.76. The trade was a 4.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have acquired 1,718 shares of company stock valued at $280,207 and have sold 158,490 shares valued at $38,111,200.
Nebius Group News Summary
Here are the key news stories impacting Nebius Group this week:
- Positive Sentiment: Zacks added Nebius Group (NBIS) to its Rank #1 “Strong Buy” momentum list, providing a favorable short-term technical and quantitative signal. Best Momentum Stocks to Buy for October 30th
- Positive Sentiment: An InvestorPlace analysis continued to favor Nebius over other neocloud stocks, citing its major customer commitments, NVIDIA backing, access to power and data-center sites, and comparatively stronger financing position. The thesis is long term and carries significant execution risk. The One NeoCloud Stock to Buy Now
- Positive Sentiment: Director Arne Grimme continued buying NBIS shares under a pre-arranged Rule 10b5-1 plan. The purchases offer a modest confidence signal, although the preset plan makes them less useful as a market-timing indicator. SEC Insider Trading Filing
- Neutral Sentiment: Nebius announced that it will release third-quarter 2026 results and hold a conference call on a forthcoming scheduled date. The event could provide important updates on revenue growth, customer deployments, capital spending and funding needs. Nebius Announces Third-Quarter Results Date
- Negative Sentiment: Weak results and outlook concerns from Amazon and Intel intensified worries that large technology companies may moderate or delay AI-related spending, pressuring Nebius and other AI-cloud stocks. Nebius Stock Falls Amid Weak Amazon and Intel Earnings
- Negative Sentiment: Investors remain concerned about Nebius’s debt, floating-rate financing, potential dilution and large capital requirements. Customer concentration and delays in securing power, GPUs or data-center capacity could also prevent strong bookings from becoming profitable revenue. Why Nebius Stock Fell in a Month
Analysts Set New Price Targets
A number of brokerages recently commented on NBIS. Weiss Ratings lowered Nebius Group from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday. Citigroup upped their target price on shares of Nebius Group from $278.00 to $324.00 and gave the company a “buy” rating in a research report on Friday, August 14th. Freedom Capital raised shares of Nebius Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. Wall Street Zen raised shares of Nebius Group from a “strong sell” rating to a “sell” rating in a research note on Sunday, August 16th. Finally, Truist Financial upgraded shares of Nebius Group to a “strong-buy” rating in a research report on Thursday, September 10th. Four analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $243.25.
Check Out Our Latest Research Report on Nebius Group
About Nebius Group
Nebius Group N.V. is a technology company focused on providing cloud infrastructure and services for artificial intelligence and machine learning applications. Through its Nebius AI division, the company offers access to high-performance computing, graphics processing units (GPUs), storage, networking, and related tools designed to help businesses and developers train, deploy, and operate AI models.
The company also operates or supports other technology businesses, including Toloka, an AI data and evaluation platform; TripleTen, an online education provider focused on technology careers; and Avride, a developer of autonomous driving and delivery technologies.
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