Two Seas Capital LP Purchases 110,000 Shares of Nebius Group N.V. $NBIS

Two Seas Capital LP raised its position in Nebius Group N.V. (NASDAQ:NBISFree Report) by 46.9% in the 4th quarter, Holdings Channel reports. The firm owned 344,482 shares of the company’s stock after buying an additional 110,000 shares during the period. Nebius Group accounts for approximately 0.6% of Two Seas Capital LP’s investment portfolio, making the stock its 20th biggest holding. Two Seas Capital LP’s holdings in Nebius Group were worth $28,835,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Root Financial Partners LLC bought a new stake in Nebius Group in the fourth quarter valued at approximately $26,000. Blue Trust Inc. increased its stake in Nebius Group by 73.8% in the fourth quarter. Blue Trust Inc. now owns 332 shares of the company’s stock valued at $28,000 after purchasing an additional 141 shares in the last quarter. Armstrong Advisory Group Inc. increased its stake in Nebius Group by 500.0% in the fourth quarter. Armstrong Advisory Group Inc. now owns 360 shares of the company’s stock valued at $30,000 after purchasing an additional 300 shares in the last quarter. NewEdge Advisors LLC bought a new stake in Nebius Group in the first quarter valued at approximately $40,000. Finally, Barrett & Company Inc. bought a new stake in Nebius Group in the fourth quarter valued at approximately $42,000. Institutional investors own 21.90% of the company’s stock.

Nebius Group Price Performance

NASDAQ:NBIS opened at $227.81 on Friday. Nebius Group N.V. has a 52 week low of $43.89 and a 52 week high of $278.84. The firm has a market cap of $57.64 billion, a price-to-earnings ratio of 73.49 and a beta of 4.03. The firm’s 50-day simple moving average is $172.47 and its 200 day simple moving average is $122.98. The company has a debt-to-equity ratio of 1.16, a quick ratio of 8.33 and a current ratio of 8.33.

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

Insider Buying and Selling at Nebius Group

In other Nebius Group news, CTO Danila Shtan sold 15,678 shares of the firm’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $238.96, for a total value of $3,746,414.88. Following the transaction, the chief technology officer directly owned 291,700 shares of the company’s stock, valued at $69,704,632. This trade represents a 5.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Andrey Korolenko sold 500,000 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $203.24, for a total transaction of $101,620,000.00. Following the completion of the transaction, the insider directly owned 585,209 shares in the company, valued at approximately $118,937,877.16. This represents a 46.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 694,898 shares of company stock valued at $130,681,379 in the last quarter.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on NBIS shares. Citigroup increased their price objective on shares of Nebius Group from $169.00 to $287.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Morgan Stanley increased their price objective on shares of Nebius Group from $126.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 14th. Cantor Fitzgerald started coverage on shares of Nebius Group in a research report on Thursday, April 9th. They set an “overweight” rating and a $129.00 price objective for the company. Wolfe Research started coverage on shares of Nebius Group in a report on Thursday, April 16th. They set a “peer perform” rating for the company. Finally, Compass Point started coverage on shares of Nebius Group in a report on Wednesday, February 18th. They set a “buy” rating and a $150.00 target price for the company. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $197.00.

Check Out Our Latest Stock Analysis on Nebius Group

Nebius Group News Roundup

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

Nebius Group Profile

(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 Articles

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.