StoneX Group Inc. raised its holdings in Nebius Group N.V. (NASDAQ:NBIS – Free Report) by 731.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,411 shares of the company’s stock after acquiring an additional 7,400 shares during the quarter. StoneX Group Inc.’s holdings in Nebius Group were worth $1,984,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently made changes to their positions in NBIS. BlackRock Inc. increased its holdings in Nebius Group by 16.0% in the second quarter. BlackRock Inc. now owns 11,531,270 shares of the company’s stock valued at $3,184,591,000 after buying an additional 1,593,684 shares in the last quarter. Situational Awareness LP purchased a new position in Nebius Group during the 2nd quarter valued at about $1,232,895,000. State Street Corp raised its position in Nebius Group by 16.2% during the second quarter. State Street Corp now owns 4,069,875 shares of the company’s stock worth $1,123,977,000 after acquiring an additional 568,415 shares during the last quarter. Jennison Associates LLC grew its position in shares of Nebius Group by 134.3% in the second quarter. Jennison Associates LLC now owns 3,983,899 shares of the company’s stock valued at $1,100,233,000 after purchasing an additional 2,283,676 shares during the last quarter. Finally, Accel Leaders 4 Associates L.P. purchased a new position in shares of Nebius Group during the 2nd quarter worth approximately $1,012,097,322. Institutional investors and hedge funds own 21.90% of the company’s stock.
Nebius Group Stock Performance
Shares of NASDAQ:NBIS opened at $129.49 on Monday. The business has a 50-day moving average of $201.70 and a two-hundred day moving average of $177.70. The firm has a market capitalization of $32.76 billion, a PE ratio of -4,314.90 and a beta of 4.63. The company has a debt-to-equity ratio of 0.82, a current ratio of 4.03 and a quick ratio of 4.03. Nebius Group N.V. has a 12 month low of $73.52 and a 12 month high of $299.86.
Nebius Group (NASDAQ:NBIS – Get Free Report) last issued its earnings results on Thursday, August 13th. The company reported ($0.12) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.67) by $0.55. Nebius Group had a negative return on equity of 6.03% and a net margin of 4.55%. The business had revenue of $582.30 million during the quarter, compared to analysts’ expectations of $567.91 million. During the same quarter in the previous year, the business earned $2.38 EPS. The company’s revenue for the quarter was up 454% on a year-over-year basis. As a group, research analysts forecast that Nebius Group N.V. will post -3.19 earnings per share for the current year.
Insider Buying and Selling
In other news, insider Andrey Korolenko sold 29,090 shares of the company’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $234.16, for a total value of $6,811,714.40. Following the completion of the sale, the insider owned 522,248 shares of the company’s stock, valued at $122,289,591.68. This represents a 5.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Arkadiy Volozh sold 37,778 shares of the firm’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $234.16, for a total value of $8,846,096.48. Following the sale, the chief executive officer owned 785,236 shares in the company, valued at approximately $183,870,861.76. The trade was a 4.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders bought 1,718 shares of company stock valued at $280,207 and sold 158,823 shares valued at $38,168,832.
Key Nebius Group News
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
NBIS has been the topic of a number of recent research reports. BNP Paribas Exane raised Nebius Group from a “neutral” rating to an “outperform” rating and upped their target price for the company from $260.00 to $399.00 in a research note on Thursday, September 24th. Wall Street Zen upgraded shares of Nebius Group from a “strong sell” rating to a “sell” rating in a report on Sunday, August 16th. Rothschild & Co Redburn initiated coverage on shares of Nebius Group in a research report on Monday, September 21st. They set a “sell” rating and a $84.00 target price on the stock. Weiss Ratings cut Nebius Group from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, October 30th. Finally, William Blair began coverage on Nebius Group in a research report on Wednesday, September 30th. They set an “outperform” rating on the stock. Four investment 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 given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $239.56.
View Our Latest 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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