Handelsbanken Fonder AB Reduces Stake in Nebius Group N.V. $NBIS

Handelsbanken Fonder AB lowered its stake in Nebius Group N.V. (NASDAQ:NBIS) by 2.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 107,310 shares of the company’s stock after selling 2,758 shares during the quarter. Handelsbanken Fonder AB’s holdings in Nebius Group were worth $29,636,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. State Street Corp lifted its holdings in shares of Nebius Group by 2,391.3% in the fourth quarter. State Street Corp now owns 3,219,326 shares of the company’s stock worth $269,474,000 after buying an additional 3,090,103 shares in the last quarter. Capital Research Global Investors purchased a new position in Nebius Group during the fourth quarter valued at approximately $231,635,000. Accel Leaders 3 Associates L.P. purchased a new position in Nebius Group during the fourth quarter valued at approximately $188,496,000. Qube Research & Technologies Ltd bought a new stake in Nebius Group during the 3rd quarter worth approximately $238,511,000. Finally, Orbis Allan Gray Ltd increased its holdings in 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 acquiring an additional 1,949,708 shares during the period. Hedge funds and other institutional investors own 21.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. DA Davidson lowered their target price on shares of Nebius Group from $250.00 to $175.00 and set a “neutral” rating on the stock in a research note on Friday, August 7th. Robert W. Baird assumed coverage on shares of Nebius Group in a research report on Wednesday, July 22nd. They set an “outperform” rating and a $250.00 price target for the company. Zacks Research cut shares of Nebius Group from a “strong-buy” rating to a “hold” rating in a report on Friday, July 31st. Freedom Capital upgraded Nebius Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. Finally, Weiss Ratings raised Nebius Group from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 20th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $216.29.

Nebius Group Stock Up 5.0%

NBIS stock opened at $193.23 on Wednesday. The company’s 50 day moving average is $221.48 and its 200 day moving average is $165.09. The stock has a market cap of $48.89 billion, a price-to-earnings ratio of 62.33 and a beta of 4.23. The company has a current ratio of 8.33, a quick ratio of 8.33 and a debt-to-equity ratio of 1.16. Nebius Group N.V. has a 1-year low of $62.01 and a 1-year high of $299.86.

Nebius Group (NASDAQ:NBIS) last announced its earnings results on Thursday, May 14th. The company reported ($0.23) earnings per share (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 business had revenue of $399.00 million during the quarter, compared to analyst estimates of $375.13 million. Nebius Group’s revenue was up 684.0% on a year-over-year basis. Sell-side analysts predict that Nebius Group N.V. will post -2.3 EPS for the current fiscal year.

Insider Activity

In other news, insider Andrey Korolenko sold 33,871 shares of the firm’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $235.45, for a total transaction of $7,974,926.95. Following the sale, the insider owned 551,338 shares in the company, valued at approximately $129,812,532.10. This trade represents a 5.79% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Sanchez Maria Del Dado Alonso sold 1,509 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $276.20, for a total transaction of $416,785.80. Following the completion of the transaction, the chief financial officer owned 12,672 shares of the company’s stock, valued at $3,500,006.40. This trade represents a 10.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 140,810 shares of company stock worth $33,548,588.

Key Headlines Impacting Nebius Group

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

• Positive Sentiment: Investors are focused on Nebius’ upcoming earnings report as a potential catalyst. The company’s prior quarter showed sharply higher revenue and better-than-expected EPS, while the market expects further evidence that AI demand and customer contracts are translating into growth. Nebius Gains Ahead of Q2 Results
• Positive Sentiment: NVIDIA’s reported plan to provide as much as $500 billion in financing is supporting broader enthusiasm for AI infrastructure providers, including Nebius. The company’s $775 million secured debt facility and asset-light infrastructure partnership model could help it scale computing capacity without funding every buildout entirely from its own balance sheet. NVIDIA Funding Plan and Nebius
• Neutral Sentiment: Analyst and investor debate remains intense. Some commentary views Nebius’ backlog, AI contracts and expansion plans as evidence of sustained growth, while other analysts see capacity delivery and capital efficiency as the key tests. The stock’s high valuation and substantial volatility increase the risk of a sharp reaction to earnings.
• Negative Sentiment: DA Davidson cut its price target from $250 to $175 and downgraded Nebius to neutral, citing potential delays at the Vineland, New Jersey, data-center project that could jeopardize 2026 guidance. DA Davidson Cuts Nebius Target
• Negative Sentiment: Michael Burry’s disclosed short position, heavy planned capital spending and concerns over cash burn are weighing on the investment case. In addition, reported insider activity showed sales by executives and no purchases during the past six months, a potential confidence signal for investors to monitor. Michael Burry Shorts Nebius

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.