Spartan Wealth Advisory Services LLC acquired a new stake in Nebius Group N.V. (NASDAQ:NBIS – Free Report) during the first quarter, Holdings Channel.com reports. The firm acquired 3,001 shares of the company’s stock, valued at approximately $311,000.
Other institutional investors have also modified their holdings of the company. Royal Bank of Canada acquired a new position in shares of Nebius Group during the first quarter worth $1,628,000. Millennium Management LLC acquired a new stake in Nebius Group in the first quarter valued at $11,563,000. NewEdge Advisors LLC acquired a new stake in Nebius Group in the first quarter valued at $40,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in Nebius Group in the first quarter valued at $9,084,000. Finally, Daiwa Securities Group Inc. purchased a new stake in Nebius Group during the 2nd quarter worth about $68,000. 21.90% of the stock is owned by hedge funds and other institutional investors.
Nebius Group Trading Up 2.8%
Shares of NBIS stock opened at $182.62 on Tuesday. The company has a market capitalization of $46.21 billion, a P/E ratio of 58.91 and a beta of 4.10. 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 business’s 50 day moving average is $227.96 and its two-hundred day moving average is $154.07. Nebius Group N.V. has a twelve month low of $49.00 and a twelve month high of $299.86.
Wall Street Analysts Forecast Growth
NBIS has been the subject of several analyst reports. Morgan Stanley upped their price objective on Nebius Group from $126.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 14th. Northland Securities raised their target price on Nebius Group from $248.00 to $410.00 and gave the stock an “outperform” rating in a research report on Monday. Weiss Ratings upgraded Nebius Group from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 20th. DA Davidson downgraded Nebius Group from a “buy” rating to a “neutral” rating and upped their price target for the company from $200.00 to $250.00 in a report on Monday, May 18th. Finally, Freedom Capital lowered shares of Nebius Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Nine research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $219.83.
Get Our Latest Research Report on NBIS
Insider Buying and Selling
In other Nebius Group news, Director Elena Bunina sold 10,894 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $206.87, for a total value of $2,253,641.78. Following the transaction, the director directly owned 10,772 shares of the company’s stock, valued at approximately $2,228,403.64. The trade was a 50.28% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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 transaction, the chief executive officer owned 821,662 shares of the company’s stock, valued at approximately $193,460,317.90. The trade was a 5.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 668,405 shares of company stock worth $140,422,170 in the last ninety days.
Key Headlines Impacting Nebius Group
Here are the key news stories impacting Nebius Group this week:
- Positive Sentiment: Northland Securities raised its price target on Nebius Group to $410 from $248 and kept an Outperform rating, signaling significant upside potential. Benzinga source article
- Positive Sentiment: Freedom Capital upgraded Nebius from Hold to Buy and raised its target to $200 from $159, saying much of the risk has already been priced in. Stocktwits source article
- Positive Sentiment: Zacks added NBIS to its Rank #1 (Strong Buy) momentum list, which may attract additional momentum-driven buyers. Zacks source article
- Neutral Sentiment: Analysts and commentators are debating Nebius versus other AI growth names and whether the recent drop makes the stock more attractive, reflecting a broader re-rating rather than a new fundamental catalyst. Zacks source article
- Neutral Sentiment: Some articles frame Nebius as a potential “buy-the-dip” opportunity after a more than 40% decline, but they also note ongoing cash burn and financing needs as the company scales its AI cloud infrastructure. Seeking Alpha source article
About Nebius Group
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.
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