K.J. Harrison & Partners Inc Invests $1.31 Million in Nebius Group N.V. $NBIS

K.J. Harrison & Partners Inc acquired a new stake in shares of Nebius Group N.V. (NASDAQ:NBIS) during the second quarter, HoldingsChannel reports. The fund acquired 4,760 shares of the company’s stock, valued at approximately $1,315,000.

Several other institutional investors also recently bought and sold shares of the business. Confluence Investment Management LLC lifted its holdings in Nebius Group by 2.0% during the second quarter. Confluence Investment Management LLC now owns 2,475 shares of the company’s stock worth $684,000 after buying an additional 48 shares during the period. N.E.W. Advisory Services LLC increased its holdings in shares of Nebius Group by 76.0% in the 2nd quarter. N.E.W. Advisory Services LLC now owns 176 shares of the company’s stock valued at $49,000 after acquiring an additional 76 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in shares of Nebius Group by 2.7% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,977 shares of the company’s stock valued at $309,000 after acquiring an additional 79 shares during the period. Wealth Alliance LLC raised its position in shares of Nebius Group by 1.6% in the 1st quarter. Wealth Alliance LLC now owns 5,008 shares of the company’s stock worth $520,000 after acquiring an additional 80 shares in the last quarter. Finally, Aspen Grove Capital LLC raised its position in shares of Nebius Group by 3.7% in the 1st quarter. Aspen Grove Capital LLC now owns 2,522 shares of the company’s stock worth $262,000 after acquiring an additional 89 shares in the last quarter. 21.90% of the stock is owned by hedge funds and other institutional investors.

Nebius Group Stock Performance

Shares of NBIS opened at $268.85 on Tuesday. The company has a current ratio of 4.03, a quick ratio of 4.03 and a debt-to-equity ratio of 0.82. The firm has a market cap of $68.02 billion, a PE ratio of -8,958.68 and a beta of 4.23. Nebius Group N.V. has a 12 month low of $62.01 and a 12 month high of $299.86. The stock has a fifty day moving average price of $223.55 and a 200-day moving average price of $169.88.

Nebius Group (NASDAQ:NBIS) last announced its earnings results on Wednesday, August 12th. The company reported ($0.12) earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $582.30 million for the quarter, compared to the consensus estimate of $567.91 million. During the same period in the previous year, the business earned $2.38 EPS. The firm’s revenue for the quarter was up 454% on a year-over-year basis. Equities research analysts predict that Nebius Group N.V. will post -3.91 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Sanchez Maria Del Dado Alonso sold 1,509 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $276.20, for a total transaction of $416,785.80. Following the transaction, the chief financial officer owned 12,672 shares in the company, valued at $3,500,006.40. This represents a 10.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Arkadiy Volozh sold 46,627 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $235.45, for a total transaction of $10,978,327.15. Following the completion of the transaction, the chief executive officer directly owned 821,662 shares of the company’s stock, valued at $193,460,317.90. The trade was a 5.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 136,310 shares of company stock valued at $32,569,613.

Analyst Ratings Changes

A number of brokerages recently weighed in on NBIS. Wall Street Zen upgraded Nebius Group from a “strong sell” rating to a “sell” rating in a research note on Sunday. Citizens Jmp boosted their target price on shares of Nebius Group from $175.00 to $270.00 and gave the stock a “market outperform” rating in a report on Thursday, May 14th. Piper Sandler assumed coverage on shares of Nebius Group in a research report on Monday, August 3rd. They set a “neutral” rating and a $224.00 price target for the company. DA Davidson restated a “neutral” rating and issued a $175.00 price target on shares of Nebius Group in a report on Thursday, August 13th. Finally, Robert W. Baird lifted their price objective on shares of Nebius Group from $250.00 to $340.00 and gave the stock an “outperform” rating in a research report on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $226.00.

Key Nebius Group News

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

• Positive Sentiment: Nebius reported quarterly revenue of $582.3 million, up 454% year over year, and adjusted its loss substantially better than analysts expected. Analysts have highlighted a large customer backlog and “backlog-fueled” capacity expansion as evidence that demand remains strong. NBIS jumps premarket as strong Q2 fuels best weekly move since 2024
• Positive Sentiment: New AI-cloud contracts reportedly priced at roughly $20 million to $25 million per megawatt have strengthened the company’s pricing-power narrative. Nebius also raised contracted-power guidance to 5 gigawatts, potentially supporting substantial future revenue growth if it can execute the build-out. Nebius: Pricing Inflection Alters Narrative
• Positive Sentiment: Commentary points to an asset-light strategy, prepayments, partnerships and rising recurring, higher-margin revenue. These factors could improve cash-flow generation and reduce reliance on debt or equity financing as capacity expands. Will Nebius’ Asset-Light Model Drive Further Margin Expansion in 2027?
• Neutral Sentiment: Analyst price-target increases, including a target of $324, and reports that Nebius may bid for Decart AI are supporting investor interest, although neither guarantees additional earnings or a completed transaction. Nebius Group Price Target Raised to $324.00
• Negative Sentiment: Valuation remains the central concern. With a premium sales multiple and expectations for extremely rapid growth, any delay in data-center construction, weaker pricing or slower customer adoption could make the stock vulnerable to a pullback. High capital needs also create potential dilution and financing risk.
• Negative Sentiment: Michael Burry has criticized the economics of AI infrastructure and flagged Nebius’s contract pricing as a warning sign. Other analysts similarly caution that revenue growth may not be sufficient to justify the current valuation, creating the possibility of a “bull trap” if the shares cannot sustain momentum above the $280s. Nebius: Potential Bull Trap

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.