Hartford Investment Management Co. Takes $214,000 Position in Nebius Group N.V. $NBIS

Hartford Investment Management Co. purchased a new stake in shares of Nebius Group N.V. (NASDAQ:NBIS) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 2,551 shares of the company’s stock, valued at approximately $214,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Blue Trust Inc. increased its position in shares of Nebius Group by 73.8% during the 4th quarter. Blue Trust Inc. now owns 332 shares of the company’s stock valued at $28,000 after purchasing an additional 141 shares during the last quarter. Armstrong Advisory Group Inc. increased its holdings in 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 acquiring an additional 300 shares in the last quarter. Sunbelt Securities Inc. purchased a new stake in Nebius Group in the 3rd quarter worth approximately $54,000. Grey Fox Wealth Advisors LLC purchased a new stake in Nebius Group in the 3rd quarter worth approximately $56,000. Finally, Pandora Wealth Inc. purchased a new stake in Nebius Group in the 3rd quarter worth approximately $56,000. Hedge funds and other institutional investors own 21.90% of the company’s stock.

Nebius Group Trading Down 0.5%

Shares of NBIS opened at $219.94 on Friday. The company has a debt-to-equity ratio of 0.89, a current ratio of 3.08 and a quick ratio of 3.08. Nebius Group N.V. has a 1 year low of $34.72 and a 1 year high of $233.73. The company has a 50 day simple moving average of $138.08 and a two-hundred day simple moving average of $111.08. The firm has a market cap of $55.65 billion, a P/E ratio of 70.95 and a beta of 4.03.

Nebius Group (NASDAQ:NBIS) last announced its quarterly earnings data on Wednesday, May 13th. The company reported ($0.23) earnings per share (EPS) for the quarter, beating 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 10.59%. The business had revenue of $399.00 million during the quarter, compared to analyst estimates of $375.13 million. Nebius Group’s revenue for the quarter was up 684.0% on a year-over-year basis. On average, equities analysts expect that Nebius Group N.V. will post -2.33 earnings per share for the current fiscal year.

Insider Activity at Nebius Group

In other Nebius Group news, insider Andrey Korolenko sold 500,000 shares of the stock in a transaction that occurred on 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 sale, the insider directly owned 585,209 shares of the company’s stock, valued at $118,937,877.16. This trade represents a 46.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Elena Bunina sold 10,894 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $206.87, for a total transaction of $2,253,641.78. Following the sale, the director directly owned 10,772 shares of the company’s stock, valued at approximately $2,228,403.64. This trade represents 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. In the last 90 days, insiders sold 657,335 shares of company stock valued at $121,545,984.

Key Stories Impacting Nebius Group

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

• Positive Sentiment: Citi raised its price target on Nebius Group to $287 from $169 and kept a buy rating, signaling confidence in further upside after the company’s strong AI infrastructure growth and earnings beat. Benzinga article
• Positive Sentiment: Multiple articles highlighted Nebius’ Q1 results, including 684% year-over-year revenue growth, improved AI cloud economics, and a rapidly expanding contracted capacity pipeline, which are fueling bullish sentiment around the stock. Yahoo Finance article
• Positive Sentiment: Analysts from DA Davidson, Citizens JMP, Goldman Sachs, and Morgan Stanley all revisited or raised their forecasts after the quarter, reinforcing the view that Nebius is emerging as a major AI infrastructure player. Yahoo Finance article
• Neutral Sentiment: Nebius’ new Missouri AI factory and broader gigawatt-scale buildout are giving investors tangible progress to track, but they also imply significant capital spending and execution risk as the company scales. Yahoo Finance article
• Neutral Sentiment: One director sold shares under a pre-arranged trading plan, which is not necessarily a negative signal but may catch investor attention after the stock’s sharp move higher. InsiderTrades filing
• Negative Sentiment: Some commentary argues NBIS may be overbought after its sharp rally, and Morgan Stanley’s $144 target remains well below the current trading level, suggesting valuation concerns could lead to volatility. TheStreet article

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on NBIS shares. BWS Financial increased their target price on shares of Nebius Group from $130.00 to $200.00 and gave the stock a “buy” rating in a report on Monday, March 16th. Freedom Capital lowered shares of Nebius Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. DA Davidson increased their target price on shares of Nebius Group from $200.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday. Weiss Ratings raised shares of Nebius Group from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, April 27th. Finally, Bank of America increased their target price on shares of Nebius Group from $175.00 to $205.00 and gave the stock a “buy” rating in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $182.75.

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.