Nebius Group (NASDAQ:NBIS) Director John Wilson Iv Boynton Sells 333 Shares of Company Stock

Nebius Group N.V. (NASDAQ:NBIS – Get Free Report) Director Wilson Boynton sold 333 shares of the business’s stock in a transaction dated Thursday, October 29th. The shares were sold at an average price of $173.07, for a total value of $57,632.31. Following the completion of the sale, the director owned 403,189 shares in the company, valued at $69,779,920.23. This represents a 0.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

John Wilson Iv Boynton also recently made the following trade(s):

  • On Thursday, October 15th, Wilson Boynton sold 7,260 shares of Nebius Group stock. The stock was sold at an average price of $177.63, for a total transaction of $1,289,593.80.
  • On Tuesday, September 29th, Wilson Boynton sold 50 shares of Nebius Group stock. The shares were sold at an average price of $235.01, for a total transaction of $11,750.50.
  • On Friday, August 14th, Wilson Boynton sold 5,296 shares of Nebius Group stock. The stock was sold at an average price of $270.99, for a total transaction of $1,435,163.04.

Nebius Group Price Performance

NASDAQ NBIS opened at $154.14 on Monday. Nebius Group N.V. has a 1 year low of $73.52 and a 1 year high of $299.86. The stock has a market capitalization of $39.00 billion, a PE ratio of -5,136.29 and a beta of 4.63. The business’s 50-day moving average is $209.70 and its 200 day moving average is $176.87. The company has a debt-to-equity ratio of 0.82, a current ratio of 4.03 and a quick ratio of 4.03.

Nebius Group (NASDAQ:NBIS – Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported ($0.12) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.67) by $0.55. The company had revenue of $582.30 million during the quarter, compared to analyst estimates of $567.91 million. Nebius Group had a negative return on equity of 6.03% and a net margin of 4.55%. The firm’s revenue for the quarter was up 454% on a year-over-year basis. During the same quarter last year, the company earned $2.38 EPS. Sell-side analysts forecast that Nebius Group N.V. will post -3.19 earnings per share for the current year.

Analyst Ratings Changes

NBIS has been the subject of several recent analyst reports. Rosenblatt Securities began coverage on shares of Nebius Group in a research note on Thursday, October 8th. They issued a “buy” rating and a $304.00 target price for the company. Zacks Research upgraded Nebius Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 19th. Wall Street Zen raised Nebius Group from a “strong sell” rating to a “sell” rating in a report on Sunday, August 16th. Citigroup raised their price objective on shares of Nebius Group from $278.00 to $324.00 and gave the stock a “buy” rating in a research note on Friday, August 14th. Finally, Northland Securities upped their price objective on shares of Nebius Group from $248.00 to $410.00 and gave the stock an “outperform” rating in a research report on Monday, July 20th. Four analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $243.25.

Read Our Latest Stock Report on NBIS

Institutional Trading of Nebius Group

Several large investors have recently made changes to their positions in NBIS. Allied Private Wealth LLC purchased a new position in Nebius Group in the 2nd quarter valued at $25,000. Sound Income Strategies LLC boosted its holdings in Nebius Group by 62.5% in the 1st quarter. Sound Income Strategies LLC now owns 260 shares of the company’s stock valued at $27,000 after purchasing an additional 100 shares during the last quarter. Sarver Vrooman Wealth Advisors purchased a new stake in shares of Nebius Group in the 2nd quarter valued at approximately $28,000. GoalVest Advisory LLC purchased a new stake in shares of Nebius Group in the 2nd quarter valued at approximately $28,000. Finally, Eastern Bank increased its holdings in shares of Nebius Group by 66.3% during the 3rd quarter. Eastern Bank now owns 158 shares of the company’s stock worth $37,000 after buying an additional 63 shares during the last quarter. 21.90% of the stock is currently owned by hedge funds and other institutional investors.

Nebius Group Company Profile

(Get Free Report)

Nebius Group N.V. is a technology company focused on providing cloud infrastructure and services for artificial intelligence and machine learning applications. Through its Nebius AI division, the company offers access to high-performance computing, graphics processing units (GPUs), storage, networking, and related tools designed to help businesses and developers train, deploy, and operate AI models.

The company also operates or supports other technology businesses, including Toloka, an AI data and evaluation platform; TripleTen, an online education provider focused on technology careers; and Avride, a developer of autonomous driving and delivery technologies.

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Insider Buying and Selling by Quarter for Nebius Group (NASDAQ:NBIS)

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