Spartan Wealth Advisory Services LLC Invests $311,000 in Nebius Group N.V. $NBIS

Spartan Wealth Advisory Services LLC purchased a new stake in shares of Nebius Group N.V. (NASDAQ:NBIS) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 3,001 shares of the company’s stock, valued at approximately $311,000.

Other hedge funds have also recently modified their holdings of the company. Royal Bank of Canada purchased a new position in Nebius Group during the first quarter worth about $1,628,000. Millennium Management LLC purchased a new stake in shares of Nebius Group in the 1st quarter valued at approximately $11,563,000. NewEdge Advisors LLC purchased a new stake in shares of Nebius Group in the 1st quarter valued at approximately $40,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in shares of Nebius Group in the 1st quarter valued at approximately $9,084,000. Finally, Daiwa Securities Group Inc. acquired a new stake in shares of Nebius Group during the 2nd quarter worth approximately $68,000. Hedge funds and other institutional investors own 21.90% of the company’s stock.

Key Stories 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

Wall Street Analysts Forecast Growth

NBIS has been the topic of several analyst reports. Wall Street Zen raised shares of Nebius Group from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 16th. Morgan Stanley raised their target price on Nebius Group from $126.00 to $144.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 14th. Citizens Jmp upped their price target on Nebius Group from $175.00 to $270.00 and gave the company a “market outperform” rating in a research note on Thursday, May 14th. DA Davidson lowered 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 research note on Monday, May 18th. Finally, Cantor Fitzgerald started coverage on Nebius Group in a research report on Thursday, April 9th. They set an “overweight” rating and a $129.00 price objective for the company. Nine research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $219.83.

Insider Transactions at Nebius Group

In related news, Director Elena Bunina sold 10,894 shares of the business’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $206.87, for a total transaction of $2,253,641.78. Following the completion of the transaction, the director directly owned 10,772 shares of the company’s stock, valued at $2,228,403.64. The trade was a 50.28% decrease in their position. 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, CRO Marc Boroditsky sold 10,776 shares of the company’s stock in a transaction dated 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. This trade represents a 28.61% 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 valued at $140,422,170 in the last 90 days.

Nebius Group Price Performance

Shares of NBIS opened at $182.62 on Tuesday. The company has a market cap of $46.21 billion, a P/E ratio of 58.91 and a beta of 4.10. Nebius Group N.V. has a fifty-two week low of $49.00 and a fifty-two week high of $299.86. The company has a quick ratio of 8.33, a current ratio of 8.33 and a debt-to-equity ratio of 1.16. The firm’s 50 day moving average price is $227.96 and its 200 day moving average price is $154.07.

Nebius Group (NASDAQ:NBIS) last issued its quarterly earnings results on Thursday, May 14th. The company reported ($0.23) EPS for the quarter, beating the consensus estimate of ($0.81) by $0.58. Nebius Group had a net margin of 95.27% and a negative return on equity of 9.11%. The company had revenue of $399.00 million during the quarter, compared to analysts’ expectations of $375.13 million. The business’s quarterly revenue was up 684.0% compared to the same quarter last year. On average, research analysts forecast that Nebius Group N.V. will post -1.91 earnings per share for the current fiscal year.

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.