Nebius Group N.V. $NBIS Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC lowered its position in Nebius Group N.V. (NASDAQ:NBISFree Report) by 48.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,500 shares of the company’s stock after selling 4,181 shares during the period. International Assets Investment Management LLC’s holdings in Nebius Group were worth $459,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of NBIS. Parkside Financial Bank & Trust acquired a new position in Nebius Group during the fourth quarter worth $25,000. Root Financial Partners LLC purchased a new position in shares of Nebius Group in the fourth quarter valued at $26,000. SHP Wealth Management purchased a new position in shares of Nebius Group in the fourth quarter valued at $26,000. Sound Income Strategies LLC raised its stake in shares of Nebius Group by 62.5% during the 1st quarter. Sound Income Strategies LLC now owns 260 shares of the company’s stock worth $27,000 after buying an additional 100 shares during the last quarter. Finally, Blue Trust Inc. raised its stake in shares of Nebius Group by 73.8% during the 4th quarter. Blue Trust Inc. now owns 332 shares of the company’s stock worth $28,000 after buying an additional 141 shares during the last quarter. Institutional investors and hedge funds own 21.90% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on NBIS shares. BNP Paribas Exane initiated coverage on shares of Nebius Group in a research note on Tuesday, June 2nd. They issued a “neutral” rating and a $255.00 price objective on the stock. Morgan Stanley lifted their price objective on Nebius Group from $126.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 14th. Weiss Ratings raised shares of Nebius Group from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 20th. Wolfe Research started coverage on Nebius Group in a research note on Thursday, April 16th. They set a “peer perform” rating on the stock. Finally, Citigroup raised their price objective on Nebius Group from $169.00 to $287.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Nine investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, Nebius Group currently has an average rating of “Moderate Buy” and a consensus target price of $203.25.

View Our Latest Analysis on NBIS

Insider Buying and Selling

In other Nebius Group news, CTO Danila Shtan sold 16,937 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $235.45, for a total value of $3,987,816.65. Following the transaction, the chief technology officer directly owned 274,763 shares of the company’s stock, valued at $64,692,948.35. This trade represents a 5.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Arkadiy Volozh sold 46,627 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $235.45, for a total value of $10,978,327.15. Following the transaction, the chief executive officer owned 821,662 shares in the company, valued at approximately $193,460,317.90. This represents a 5.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 668,405 shares of company stock valued at $140,422,170 over the last ninety days.

Key Headlines Impacting Nebius Group

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

Nebius Group Price Performance

Nebius Group stock opened at $194.09 on Wednesday. Nebius Group N.V. has a 52-week low of $49.00 and a 52-week high of $299.86. The firm has a fifty day moving average of $228.19 and a 200-day moving average of $151.38. The firm has a market capitalization of $49.11 billion, a P/E ratio of 62.61 and a beta of 4.10. 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:NBISGet Free Report) last issued its earnings results on Thursday, May 14th. The company reported ($0.23) EPS for the quarter, beating analysts’ consensus estimates of ($0.81) by $0.58. The business 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 business’s quarterly revenue was up 684.0% on a year-over-year basis. As a group, analysts predict that Nebius Group N.V. will post -1.91 EPS for the current year.

Nebius Group Company 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.

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

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