Omnitrust Wealth Management Inc Invests $277,000 in Nebius Group N.V. $NBIS

Omnitrust Wealth Management Inc bought a new position in shares of Nebius Group N.V. (NASDAQ:NBIS) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 3,315 shares of the company’s stock, valued at approximately $277,000.

Several other institutional investors also recently modified their holdings of the stock. Orbis Allan Gray Ltd grew its position in shares of Nebius Group by 12.4% during the 2nd quarter. Orbis Allan Gray Ltd now owns 17,651,930 shares of the company’s stock worth $976,681,000 after buying an additional 1,949,708 shares during the period. Fred Alger Management LLC grew its position in shares of Nebius Group by 33.4% during the 3rd quarter. Fred Alger Management LLC now owns 10,132,279 shares of the company’s stock worth $1,137,551,000 after buying an additional 2,536,832 shares during the period. Jericho Capital Asset Management L.P. grew its position in shares of Nebius Group by 55.7% during the 3rd quarter. Jericho Capital Asset Management L.P. now owns 4,607,497 shares of the company’s stock worth $517,284,000 after buying an additional 1,648,497 shares during the period. Capital Research Global Investors acquired a new position in shares of Nebius Group during the 4th quarter worth about $231,635,000. Finally, Accel Leaders 3 Associates L.P. acquired a new position in shares of Nebius Group during the 4th quarter worth about $188,496,000. 21.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on NBIS shares. Weiss Ratings upgraded Nebius Group from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 20th. BWS Financial boosted their price objective on Nebius Group from $130.00 to $200.00 and gave the company a “buy” rating in a research report on Monday, March 16th. Bank of America boosted their price objective on Nebius Group from $175.00 to $205.00 and gave the company a “buy” rating in a research report on Monday, May 11th. Citigroup boosted their price objective on Nebius Group from $169.00 to $287.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Finally, Compass Point started coverage on Nebius Group in a research report on Wednesday, February 18th. They issued a “buy” rating and a $150.00 price objective for the company. Nine analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $197.00.

Key Headlines Impacting Nebius Group

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

• Negative Sentiment: Nebius stock is being pressured by a hotter-than-expected U.S. jobs report, which reinforced concerns that interest rates may stay higher for longer and weighed on high-growth tech names. Article: Why Is Nebius Stock Falling On Friday?
• Negative Sentiment: Investor sentiment was also hurt by additional insider selling, including CTO Danila Shtan’s sale of 15,678 shares in a pre-arranged Rule 10b5-1 plan, following earlier CFO selling this week. Article: Danila Shtan insider transaction
• Neutral Sentiment: Recent commentary continues to highlight Nebius’ rapid AI cloud expansion, including acquisitions such as Tavily, Eigen AI and Clarifai, which could support longer-term growth but do not appear to be driving today’s move. Article: How Are Acquisitions Strengthening Nebius’ AI Cloud Platform?
• Neutral Sentiment: Analysts remain constructive overall on Nebius’ AI demand and revenue growth, with recent pieces emphasizing strong contract momentum and a still-bullish long-term outlook. Article: Why Nebius Needs An Offering For Every Customer Type

Nebius Group Price Performance

Shares of NBIS opened at $227.81 on Monday. 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 simple moving average of $172.47 and a 200 day simple moving average of $123.24. Nebius Group N.V. has a 52-week low of $43.89 and a 52-week high of $278.84. The firm has a market capitalization of $57.64 billion, a PE ratio of 73.49 and a beta of 4.03.

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

Insiders Place Their Bets

In other Nebius Group news, CRO Marc Boroditsky sold 10,776 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was 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 in the company, valued at approximately $7,425,913.20. The trade was a 28.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Arkadiy Volozh sold 33,358 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $103.73, for a total value of $3,460,225.34. Following the completion of the sale, the chief executive officer owned 868,289 shares in the company, valued at $90,067,617.97. The trade was a 3.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 694,898 shares of company stock worth $130,681,379 in the last three months.

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.