Siren L.L.C. Has $11.79 Million Holdings in Nebius Group N.V. $NBIS

Siren L.L.C. boosted its position in shares of Nebius Group N.V. (NASDAQ:NBIS) by 49.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 113,614 shares of the company’s stock after purchasing an additional 37,396 shares during the period. Siren L.L.C.’s holdings in Nebius Group were worth $11,789,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. State Street Corp lifted its holdings in shares of Nebius Group by 2,391.3% in the fourth quarter. State Street Corp now owns 3,219,326 shares of the company’s stock valued at $269,474,000 after purchasing an additional 3,090,103 shares in the last quarter. Capital Research Global Investors bought a new position in shares of Nebius Group during the fourth quarter worth about $231,635,000. Accel Leaders 3 Associates L.P. bought a new position in shares of Nebius Group during the fourth quarter worth about $188,496,000. Qube Research & Technologies Ltd acquired a new stake in Nebius Group in the 3rd quarter valued at approximately $238,511,000. Finally, Orbis Allan Gray Ltd raised its position in Nebius Group by 12.4% in the 2nd quarter. Orbis Allan Gray Ltd now owns 17,651,930 shares of the company’s stock valued at $976,681,000 after buying an additional 1,949,708 shares during the last quarter. Institutional investors and hedge funds own 21.90% of the company’s stock.

Key Headlines Impacting Nebius Group

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

• Positive Sentiment: Nvidia’s disclosed 9.3% ownership stake has intensified bullish sentiment and helped validate Nebius as a key AI infrastructure player. Nebius Group (NBIS) Draws Nvidia Backing, Is It Still Below Fair Value?
• Positive Sentiment: Nebius also validated its first Vera Rubin NVL72 rack in Finland, underscoring early access to Nvidia’s latest hardware and strengthening the strategic partnership between the two companies. Nebius validates first Vera Rubin NVL72 rack in Finland days after NVDA stake
• Positive Sentiment: Wall Street turned more constructive on the stock, with Robert W. Baird upgrading Nebius to strong-buy/outperform and Northland Securities raising its price target, adding to the rally. Nebius Group is now covered by Robert W. Baird
• Positive Sentiment: Coverage highlighting the Nvidia stake and bullish analyst commentary reinforced the view that Nebius could still trade below fair value despite the sharp move higher. Cementing the Sky: Why NVIDIA’s Bet on Nebius Matters

Analyst Upgrades and Downgrades

Several research firms have commented on NBIS. Northland Securities boosted their target price on Nebius Group from $248.00 to $410.00 and gave the company an “outperform” rating in a research note on Monday. DA Davidson cut shares of Nebius Group from a “buy” rating to a “neutral” rating and raised their price target for the stock from $200.00 to $250.00 in a research note on Monday, May 18th. Morgan Stanley lifted their price objective on shares of Nebius Group from $126.00 to $144.00 and gave the company an “equal weight” rating in a report on Thursday, May 14th. Zacks Research raised shares of Nebius Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 17th. Finally, Wolfe Research began coverage on shares of Nebius Group in a report on Thursday, April 16th. They set a “peer perform” rating for the company. Three research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Nebius Group currently has a consensus rating of “Moderate Buy” and an average price target of $222.15.

Nebius Group Stock Performance

Shares of NASDAQ NBIS opened at $220.97 on Friday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 8.33 and a current ratio of 8.33. The stock has a 50 day moving average price of $228.94 and a 200 day moving average price of $156.87. The stock has a market capitalization of $55.91 billion, a PE ratio of 71.28 and a beta of 4.10. Nebius Group N.V. has a 52 week low of $50.00 and a 52 week high of $299.86.

Nebius Group (NASDAQ:NBIS) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($0.23) earnings per share for the quarter, topping the consensus estimate of ($0.81) by $0.58. Nebius Group had a negative return on equity of 9.11% and a net margin of 95.27%.The firm had revenue of $399.00 million for the quarter, compared to analyst estimates of $375.13 million. The business’s revenue for the quarter was up 684.0% compared to the same quarter last year. Analysts predict that Nebius Group N.V. will post -1.91 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Andrey Korolenko sold 500,000 shares of the business’s stock in a transaction 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 transaction, the insider directly owned 585,209 shares in the company, valued at approximately $118,937,877.16. The trade was a 46.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Arkadiy Volozh sold 46,627 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $235.45, for a total transaction of $10,978,327.15. Following 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 668,405 shares of company stock valued at $140,422,170 in the last ninety days.

Nebius Group Company 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.