Situational Awareness LP purchased a new position in shares of Nebius Group N.V. (NASDAQ:NBIS – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,464,260 shares of the company’s stock, valued at approximately $1,232,895,000. Nebius Group accounts for approximately 6.2% of Situational Awareness LP’s investment portfolio, making the stock its 5th biggest holding.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Allied Private Wealth LLC acquired a new position in Nebius Group in the 2nd quarter valued at approximately $25,000. Parkside Financial Bank & Trust purchased a new position in shares of Nebius Group during the 4th quarter valued at $25,000. Root Financial Partners LLC acquired a new position in shares of Nebius Group in the fourth quarter worth $26,000. SHP Wealth Management acquired a new position in shares of Nebius Group in the fourth quarter worth $26,000. Finally, Sound Income Strategies LLC raised its holdings 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 worth $27,000 after acquiring an additional 100 shares in the last quarter. 21.90% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Nebius Group
In related news, Director Charles Ryan sold 50,000 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $265.53, for a total transaction of $13,276,500.00. Following the completion of the sale, the director owned 272,533 shares in the company, valued at $72,365,687.49. This represents a 15.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Arkadiy Volozh sold 46,627 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $235.45, for a total value of $10,978,327.15. Following the completion of the sale, the chief executive officer directly owned 821,662 shares in the company, valued at $193,460,317.90. This trade represents a 5.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 159,013 shares of company stock worth $39,216,975 in the last ninety days.
Nebius Group News Summary
- Positive Sentiment: Technical analysis cited by Barron’s suggests NBIS could find support near current levels and potentially gain nearly 50% by year-end if bullish chart patterns hold. This provides a near-term trading catalyst, though it is not based on fundamentals. Why Nebius Group Should Find a Floor at Current Levels
- Positive Sentiment: Nebius’s increase in its year-end contracted power target from more than 3 gigawatts to 5 gigawatts highlights faster capacity expansion and stronger demand for its AI-cloud services. Higher contract values per megawatt could improve the revenue potential of the build-out. How Nebius’s AI Data Center Power Surge Could Reshape Investors
- Positive Sentiment: NBIS was included in articles highlighting AI stocks to watch, keeping investor attention focused on the company’s exposure to the rapidly growing AI infrastructure market. Nebius Group and 2 Top AI Stocks to Watch
- Neutral Sentiment: Nebius plans to participate in upcoming investor conferences, giving management an opportunity to discuss customer agreements, capacity growth, pricing and financial targets. Nebius to Participate in Upcoming Investor Conferences
- Negative Sentiment: Bearish commentary argues that the economics may not justify Nebius’s valuation, particularly given its substantial planned capital spending, ongoing losses and reliance on long-term infrastructure commitments. Nebius: The Math Doesn’t Work
- Negative Sentiment: Articles warn that neocloud providers are taking on significant debt to fund data-center construction, raising circular-financing and balance-sheet risks. OpenAI CEO Sam Altman also cautioned about “unsustainable silliness” among new AI-cloud companies claiming massive future computing capacity, adding to concerns about oversupply and competition. Should CoreWeave and Nebius Group Investors Be Worried About Circular Financing? Sam Altman Sees Unsustainable Silliness in AI Compute Spending
- Negative Sentiment: CFO Sanchez Maria Del Dado Alonso sold 470 shares for approximately $92,120, reducing her direct holdings by 3.71%. The transaction is small relative to her remaining stake but may modestly affect sentiment. SEC Insider Transaction Filing
Analyst Ratings Changes
A number of brokerages have commented on NBIS. Citizens Jmp boosted their target price on Nebius Group from $175.00 to $270.00 and gave the company a “market outperform” rating in a research note on Thursday, May 14th. Bank of America lifted their price target on Nebius Group from $240.00 to $280.00 and gave the company a “buy” rating in a report on Monday, June 8th. Wall Street Zen raised Nebius Group from a “strong sell” rating to a “sell” rating in a research note on Sunday, August 16th. DA Davidson restated a “neutral” rating and issued a $175.00 price objective on shares of Nebius Group in a report on Thursday, August 13th. Finally, BNP Paribas Exane began coverage on Nebius Group in a report on Tuesday, June 2nd. They issued a “neutral” rating and a $255.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Nebius Group presently has a consensus rating of “Moderate Buy” and an average price target of $226.00.
Get Our Latest Research Report on Nebius Group
Nebius Group Stock Performance
NASDAQ:NBIS opened at $210.63 on Friday. The firm has a market capitalization of $53.29 billion, a PE ratio of -7,018.66 and a beta of 4.23. Nebius Group N.V. has a 1 year low of $63.26 and a 1 year high of $299.86. The company has a current ratio of 4.03, a quick ratio of 4.03 and a debt-to-equity ratio of 0.82. The firm’s fifty day simple moving average is $212.86 and its 200 day simple moving average is $181.46.
Nebius Group (NASDAQ:NBIS – Get Free Report) last released its earnings results on Thursday, August 13th. The company reported ($0.12) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.67) by $0.55. The firm had revenue of $582.30 million during the quarter, compared to analyst estimates of $567.91 million. Nebius Group had a net margin of 4.55% and a negative return on equity of 6.03%. The business’s revenue was up 454% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.38 EPS. On average, sell-side analysts anticipate that Nebius Group N.V. will post -3.76 EPS for the current year.
About Nebius Group
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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