SG Americas Securities LLC trimmed its holdings in Nebius Group N.V. (NASDAQ:NBIS – Free Report) by 58.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,886 shares of the company’s stock after selling 114,232 shares during the quarter. SG Americas Securities LLC’s holdings in Nebius Group were worth $8,289,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors also recently bought and sold shares of the business. Parkside Financial Bank & Trust purchased a new stake in Nebius Group in the fourth quarter worth about $25,000. Root Financial Partners LLC bought a new position in shares of Nebius Group during the fourth quarter valued at approximately $26,000. SHP Wealth Management purchased a new position in shares of Nebius Group during the fourth quarter valued at approximately $26,000. Blue Trust Inc. boosted its position in shares of Nebius Group by 73.8% in the 4th quarter. Blue Trust Inc. now owns 332 shares of the company’s stock worth $28,000 after purchasing an additional 141 shares in the last quarter. Finally, Armstrong Advisory Group Inc. boosted its position in shares of Nebius Group by 500.0% in the 4th quarter. Armstrong Advisory Group Inc. now owns 360 shares of the company’s stock worth $30,000 after purchasing an additional 300 shares in the last quarter. 21.90% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Nebius Group
In other news, insider Andrey Korolenko sold 500,000 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $203.24, for a total transaction of $101,620,000.00. Following the transaction, the insider directly owned 585,209 shares of the company’s stock, valued at $118,937,877.16. This represents a 46.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Elena Bunina sold 10,894 shares of the company’s 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 transaction, the director directly owned 10,772 shares in the company, valued at approximately $2,228,403.64. The trade was a 50.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 700,710 shares of company stock valued at $132,153,501.
Wall Street Analysts Forecast Growth
View Our Latest Report on NBIS
Nebius Group Price Performance
Shares of NBIS opened at $240.30 on Friday. Nebius Group N.V. has a twelve month low of $43.89 and a twelve month high of $299.86. The company has a market capitalization of $60.80 billion, a P/E ratio of 77.52 and a beta of 4.03. The firm has a 50 day moving average of $211.62 and a 200 day moving average of $139.75. The company has a quick ratio of 8.33, a current ratio of 8.33 and a debt-to-equity ratio of 1.16.
Nebius Group (NASDAQ:NBIS – Get Free Report) last released its quarterly earnings data on Thursday, May 14th. The company reported ($0.23) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.77) by $0.54. Nebius Group had a negative return on equity of 9.11% and a net margin of 95.27%.The business had revenue of $399.00 million for the quarter, compared to analysts’ expectations of $375.13 million. Nebius Group’s revenue for the quarter was up 684.0% compared to the same quarter last year. As a group, equities research analysts anticipate that Nebius Group N.V. will post -1.91 earnings per share for the current fiscal year.
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.
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