Capital Financial Group Inc. Co. ADV Invests $484,000 in Nebius Group N.V. $NBIS

Capital Financial Group Inc. Co. ADV purchased a new position in shares of Nebius Group N.V. (NASDAQ:NBIS) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 5,785 shares of the company’s stock, valued at approximately $484,000.

Other hedge funds also recently modified their holdings of the company. Parkside Financial Bank & Trust bought a new position in shares of Nebius Group during the 4th quarter worth approximately $25,000. Root Financial Partners LLC bought a new stake in shares of Nebius Group in the fourth quarter worth $26,000. Blue Trust Inc. lifted its position in shares of Nebius Group by 73.8% in the fourth quarter. Blue Trust Inc. now owns 332 shares of the company’s stock worth $28,000 after purchasing an additional 141 shares in the last quarter. Armstrong Advisory Group Inc. lifted its position in shares of Nebius Group by 500.0% in the fourth quarter. Armstrong Advisory Group Inc. now owns 360 shares of the company’s stock worth $30,000 after purchasing an additional 300 shares in the last quarter. Finally, NewEdge Advisors LLC bought a new stake in shares of Nebius Group in the first quarter worth $40,000. Institutional investors and hedge funds own 21.90% of the company’s stock.

Nebius Group Stock Up 11.9%

NBIS stock opened at $260.07 on Tuesday. The company has a current ratio of 8.33, a quick ratio of 8.33 and a debt-to-equity ratio of 1.16. The firm has a market capitalization of $65.80 billion, a PE ratio of 83.89 and a beta of 4.03. Nebius Group N.V. has a 1-year low of $43.89 and a 1-year high of $278.84. The business’s 50 day simple moving average is $187.49 and its 200 day simple moving average is $129.09.

Nebius Group (NASDAQ:NBIS) last posted its earnings results on Thursday, May 14th. The company reported ($0.23) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.77) by $0.54. The business had revenue of $399.00 million for the quarter, compared to analyst estimates of $375.13 million. Nebius Group had a negative return on equity of 9.11% and a net margin of 95.27%.Nebius Group’s revenue was up 684.0% compared to the same quarter last year. As a group, research analysts anticipate that Nebius Group N.V. will post -1.91 EPS for the current year.

Insiders Place Their Bets

In other news, Director John Wilson Iv Boynton sold 5,812 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $253.29, for a total transaction of $1,472,121.48. Following the completion of the sale, the director directly owned 378,665 shares in the company, valued at approximately $95,912,057.85. This represents a 1.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Marc Boroditsky sold 10,776 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $276.20, for a total value of $2,976,331.20. Following the sale, the executive owned 26,886 shares of the company’s stock, valued at approximately $7,425,913.20. The trade was a 28.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 700,710 shares of company stock worth $132,153,501 over the last three months.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on NBIS. Citigroup boosted their price objective on shares of Nebius Group from $169.00 to $287.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Bank of America boosted their price target on Nebius Group from $240.00 to $280.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. BNP Paribas Exane began coverage on Nebius Group in a research report on Tuesday, June 2nd. They set a “neutral” rating and a $255.00 price target on the stock. Freedom Capital lowered Nebius Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Finally, Compass Point began coverage on Nebius Group in a research report on Wednesday, February 18th. They set a “buy” rating and a $150.00 price target on the stock. Nine analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $203.25.

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.