United Advisor Group LLC grew its holdings in Nebius Group N.V. (NASDAQ:NBIS – Free Report) by 127.4% during the 3rd quarter, Holdings Channel.com reports. The fund owned 14,256 shares of the company’s stock after acquiring an additional 7,986 shares during the period. United Advisor Group LLC’s holdings in Nebius Group were worth $3,363,000 at the end of the most recent reporting period.
Several other hedge funds have also recently modified their holdings of the stock. Allied Private Wealth LLC bought a new position in shares of Nebius Group during the second quarter worth $25,000. Sarver Vrooman Wealth Advisors bought a new stake in Nebius Group in the 2nd quarter valued at $28,000. GoalVest Advisory LLC bought a new stake in Nebius Group in the 2nd quarter valued at $28,000. Wealth Enhancement Trust Services Inc. increased its holdings in Nebius Group by 227.1% in the 3rd quarter. Wealth Enhancement Trust Services Inc. now owns 157 shares of the company’s stock valued at $37,000 after acquiring an additional 109 shares during the last quarter. Finally, Eastern Bank lifted its stake in Nebius Group by 66.3% in the 3rd quarter. Eastern Bank now owns 158 shares of the company’s stock worth $37,000 after purchasing an additional 63 shares in the last quarter. Hedge funds and other institutional investors own 21.90% of the company’s stock.
Analyst Ratings Changes
Several research firms have commented on NBIS. DA Davidson reissued a “neutral” rating and set a $175.00 price objective on shares of Nebius Group in a report on Thursday, August 13th. Freedom Capital raised Nebius Group from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Rosenblatt Securities began coverage on Nebius Group in a report on Thursday, October 8th. They issued a “buy” rating and a $304.00 target price on the stock. Rothschild & Co Redburn initiated coverage on Nebius Group in a research report on Monday, September 21st. They issued a “sell” rating and a $84.00 target price on the stock. Finally, Citigroup dropped their price target on Nebius Group from $324.00 to $265.00 and set a “buy” rating for the company in a research note on Wednesday. Four analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $239.56.
View Our Latest Analysis on Nebius Group
Insiders Place Their Bets
In other news, Director Charles Ryan sold 50,000 shares of the business’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $265.53, for a total value of $13,276,500.00. Following the sale, the director directly owned 272,533 shares in the company, valued at $72,365,687.49. The trade was a 15.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Wilson Boynton sold 7,260 shares of the business’s stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $177.63, for a total transaction of $1,289,593.80. Following the completion of the sale, the director owned 403,522 shares in the company, valued at approximately $71,677,612.86. This trade represents a 1.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders bought 1,718 shares of company stock worth $280,207 and sold 158,823 shares worth $38,168,832.
Nebius Group Price Performance
NBIS traded up $9.12 during trading hours on Friday, hitting $129.49. The company’s stock had a trading volume of 24,517,387 shares, compared to its average volume of 23,231,836. The business’s 50-day moving average price is $201.70 and its 200-day moving average price is $177.70. Nebius Group N.V. has a 12 month low of $73.52 and a 12 month high of $299.86. The stock has a market cap of $32.76 billion, a price-to-earnings ratio of -4,314.90 and a beta of 4.63. 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 released its quarterly earnings results on Thursday, August 13th. The company reported ($0.12) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.67) by $0.55. Nebius Group had a net margin of 4.55% and a negative return on equity of 6.03%. The company had revenue of $582.30 million for the quarter, compared to the consensus estimate of $567.91 million. During the same quarter in the prior year, the firm earned $2.38 earnings per share. Nebius Group’s revenue was up 454% on a year-over-year basis. Sell-side analysts expect that Nebius Group N.V. will post -3.19 earnings per share for the current fiscal year.
More Nebius Group News
Here are the key news stories impacting Nebius Group this week:
- Positive Sentiment: A rival neocloud reported that AI-cloud revenue nearly tripled to $200 million, with rising contract prices suggesting demand remains firm. That helped lift sentiment across the sector and supported a recovery in Nebius after Thursday’s steep decline. Article: Nebius Soars as a Rival’s AI Cloud Beat Lifts Neoclouds
- Positive Sentiment: A broader market recovery and rally in AI stocks also contributed to the rebound. Article: Nebius Stock Rises Amid Market Recovery and AI Sector Rally
- Neutral Sentiment: Investors are looking ahead to Nebius’s next earnings report, which could clarify whether the company is delivering planned capacity and converting customer commitments into revenue. Article: CoreWeave Ready to Report Q3 as AI Stocks Crumble; Nebius Also Due
- Negative Sentiment: The rebound follows a severe recent pullback. Investors remain concerned about data-center delivery delays, heavy capital requirements, financing costs and potential shareholder dilution. Political opposition to new data centers has added uncertainty around expansion plans. Article: Nebius: The Selloff Is Testing More Than Its Valuation
- Negative Sentiment: Analyst actions have also weighed on sentiment: Citi lowered its price target to $265 from $324, while keeping a Buy rating. Article: Could Nebius Actually Climb 87%? Or Is Citi Totally Wrong?
About Nebius Group
Nebius Group is a technology company focused on building infrastructure for artificial intelligence. Its core business, Nebius, offers cloud computing services and access to accelerated computing resources designed to help developers and organizations train and run AI models.
The company also has businesses in areas including data services for AI, autonomous mobility and online education. Based in Amsterdam, Nebius serves customers internationally and is developing data center and computing capacity to support its AI cloud services.
Nebius Group was formerly known as Yandex N.V.
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