United Advisor Group LLC grew its position in shares of Nebius Group N.V. (NASDAQ:NBIS – Free Report) by 127.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,256 shares of the company’s stock after buying an additional 7,986 shares during the quarter. United Advisor Group LLC’s holdings in Nebius Group were worth $3,363,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Privium Fund Management B.V. purchased a new position in Nebius Group in the third quarter worth about $9,435,000. Alps Advisors Inc. grew its stake in shares of Nebius Group by 222.1% during the 3rd quarter. Alps Advisors Inc. now owns 14,561 shares of the company’s stock valued at $3,435,000 after purchasing an additional 10,041 shares during the period. CenterBook Partners LP grew its stake in shares of Nebius Group by 272.7% during the 3rd quarter. CenterBook Partners LP now owns 53,652 shares of the company’s stock valued at $12,655,000 after purchasing an additional 39,255 shares during the period. Kestra Advisory Services LLC increased its position in shares of Nebius Group by 12.0% during the 3rd quarter. Kestra Advisory Services LLC now owns 54,964 shares of the company’s stock valued at $12,965,000 after purchasing an additional 5,897 shares during the last quarter. Finally, Quadcap Wealth Management LLC increased its position in shares of Nebius Group by 121.9% during the 3rd quarter. Quadcap Wealth Management LLC now owns 2,048 shares of the company’s stock valued at $483,000 after purchasing an additional 1,125 shares during the last quarter. 21.90% of the stock is currently owned by hedge funds and other institutional investors.
Nebius Group Stock Performance
NBIS traded up $9.12 during midday trading on Friday, reaching $129.49. The company had a trading volume of 24,517,387 shares, compared to its average volume of 23,231,836. The business has a 50-day moving average of $201.70 and a two-hundred day moving average of $177.70. The company has a quick ratio of 4.03, a current ratio of 4.03 and a debt-to-equity ratio of 0.82. Nebius Group N.V. has a 1 year low of $73.52 and a 1 year high of $299.86. The company has a market cap of $32.76 billion, a P/E ratio of -4,314.90 and a beta of 4.63.
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 firm had revenue of $582.30 million for the quarter, compared to analysts’ expectations of $567.91 million. Nebius Group had a negative return on equity of 6.03% and a net margin of 4.55%. The business’s quarterly revenue was up 454% on a year-over-year basis. During the same period in the previous year, the firm earned $2.38 EPS. As a group, equities research analysts predict that Nebius Group N.V. will post -3.19 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Nebius Group news, CRO Marc Boroditsky sold 7,000 shares of the company’s stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $211.23, for a total value of $1,478,610.00. Following the completion of the transaction, the executive directly owned 7,000 shares in the company, valued at $1,478,610. This represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Wilson Boynton sold 333 shares of the company’s stock in a transaction that occurred on Thursday, October 29th. The stock was sold at an average price of $173.07, for a total transaction of $57,632.31. Following the completion of the transaction, the director owned 403,189 shares of the company’s stock, valued at approximately $69,779,920.23. The trade was a 0.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have bought 1,718 shares of company stock worth $280,207 and have sold 158,823 shares worth $38,168,832.
Trending Headlines about Nebius Group
Here are the key news stories impacting Nebius Group this week:
- Positive Sentiment: A rival neocloud reported that AI-cloud revenue nearly tripled to $200 million, with rising contract prices suggesting demand remains firm. That helped lift sentiment across the sector and supported a recovery in Nebius after Thursday’s steep decline. Article: Nebius Soars as a Rival’s AI Cloud Beat Lifts Neoclouds
- Positive Sentiment: A broader market recovery and rally in AI stocks also contributed to the rebound. Article: Nebius Stock Rises Amid Market Recovery and AI Sector Rally
- Neutral Sentiment: Investors are looking ahead to Nebius’s next earnings report, which could clarify whether the company is delivering planned capacity and converting customer commitments into revenue. Article: CoreWeave Ready to Report Q3 as AI Stocks Crumble; Nebius Also Due
- Negative Sentiment: The rebound follows a severe recent pullback. Investors remain concerned about data-center delivery delays, heavy capital requirements, financing costs and potential shareholder dilution. Political opposition to new data centers has added uncertainty around expansion plans. Article: Nebius: The Selloff Is Testing More Than Its Valuation
- Negative Sentiment: Analyst actions have also weighed on sentiment: Citi lowered its price target to $265 from $324, while keeping a Buy rating. Article: Could Nebius Actually Climb 87%? Or Is Citi Totally Wrong?
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on NBIS. Rothschild & Co Redburn started coverage on shares of Nebius Group in a research note on Monday, September 21st. They issued a “sell” rating and a $84.00 price objective on the stock. Citigroup dropped their price objective on shares of Nebius Group from $324.00 to $265.00 and set a “buy” rating on the stock in a report on Wednesday. BNP Paribas Exane upgraded shares of Nebius Group from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $260.00 to $399.00 in a research report on Thursday, September 24th. Truist Financial raised shares of Nebius Group to a “strong-buy” rating in a report on Thursday, September 10th. Finally, William Blair initiated coverage on shares of Nebius Group in a research report on Wednesday, September 30th. They issued an “outperform” rating on the stock. Four research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $239.56.
Read Our Latest Research Report on Nebius Group
Nebius Group Company Profile
Nebius Group is a technology company focused on building infrastructure for artificial intelligence. Its core business, Nebius, offers cloud computing services and access to accelerated computing resources designed to help developers and organizations train and run AI models.
The company also has businesses in areas including data services for AI, autonomous mobility and online education. Based in Amsterdam, Nebius serves customers internationally and is developing data center and computing capacity to support its AI cloud services.
Nebius Group was formerly known as Yandex N.V.
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