Kirtland Hills Capital Management LLC Purchases New Shares in Nebius Group N.V. $NBIS

Kirtland Hills Capital Management LLC acquired a new stake in Nebius Group N.V. (NASDAQ:NBIS) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 5,204 shares of the company’s stock, valued at approximately $1,437,000.

Several other large investors have also recently added to or reduced their stakes in the company. Allied Private Wealth LLC acquired a new stake in shares of Nebius Group during the second quarter worth $25,000. Parkside Financial Bank & Trust acquired a new position in shares of Nebius Group in the fourth quarter valued at about $25,000. Root Financial Partners LLC acquired a new position in shares of Nebius Group in the fourth quarter valued at about $26,000. SHP Wealth Management bought a new position in Nebius Group during the fourth quarter worth about $26,000. Finally, Sound Income Strategies LLC increased its position in Nebius Group by 62.5% during the first quarter. Sound Income Strategies LLC now owns 260 shares of the company’s stock worth $27,000 after acquiring an additional 100 shares during the period. Institutional investors own 21.90% of the company’s stock.

Nebius Group Price Performance

NBIS stock opened at $219.13 on Friday. The company has a quick ratio of 4.03, a current ratio of 4.03 and a debt-to-equity ratio of 0.82. Nebius Group N.V. has a 12 month low of $63.26 and a 12 month high of $299.86. The firm has a market cap of $55.44 billion, a P/E ratio of -7,301.90 and a beta of 4.23. The company’s 50-day moving average price is $224.05 and its two-hundred day moving average price is $173.10.

Nebius Group (NASDAQ:NBIS) last issued its earnings results on Thursday, August 13th. The company reported ($0.12) EPS for the quarter, beating the consensus estimate of ($0.67) by $0.55. Nebius Group had a net margin of 4.55% and a negative return on equity of 6.03%. The company had revenue of $582.30 million during the quarter, compared to analysts’ expectations of $567.91 million. During the same period in the previous year, the company earned $2.38 EPS. The business’s revenue for the quarter was up 454% compared to the same quarter last year. On average, analysts anticipate that Nebius Group N.V. will post -4.24 earnings per share 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 shares were sold at an average price of $276.20, for a total transaction of $2,976,331.20. Following the completion of the transaction, the executive directly owned 26,886 shares in the company, valued at $7,425,913.20. The trade was a 28.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CTO Danila Shtan sold 16,937 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $235.45, for a total value of $3,987,816.65. Following the sale, the chief technology officer owned 274,763 shares of the company’s stock, valued at $64,692,948.35. The trade was a 5.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 186,506 shares of company stock valued at $46,264,387 over the last three months.

Analyst Upgrades and Downgrades

NBIS has been the subject of several analyst reports. Bank of America lifted their price objective on shares of Nebius Group from $240.00 to $280.00 and gave the stock a “buy” rating in a research note on Monday, June 8th. Weiss Ratings cut shares of Nebius Group from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, August 11th. Robert W. Baird lifted their price target on shares of Nebius Group from $250.00 to $340.00 and gave the company an “outperform” rating in a research report on Thursday, August 13th. Citigroup lifted their price target on shares of Nebius Group from $278.00 to $324.00 and gave the company a “buy” rating in a research report on Friday, August 14th. Finally, Freedom Capital upgraded Nebius Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $226.00.

Key Headlines Impacting Nebius Group

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

• Positive Sentiment: Nebius reportedly raised its convertible-note offering to $5 billion to fund additional AI cloud capacity. The company’s strong revenue growth, customer demand and recent earnings beat support management’s expansion strategy. Nebius Group announces pricing of upsized private offering
• Positive Sentiment: Wolfe Research sees Nebius’ annual recurring revenue potentially increasing tenfold over the next four years, offering a bullish long-term view if AI compute demand and customer contracts continue to scale. Wall Street Says Nebius Group ARR Can 10X in 4 Years
• Positive Sentiment: Reports that Nebius is in discussions involving Decart AI have generated interest because Decart’s technology could materially improve GPU inference efficiency. The company is also benefiting from a broader shortage of AI computing capacity. Nebius targets Decart AI
• Neutral Sentiment: Analyst commentary remains divided: some investors highlight rapid growth, customer prepayments and long-term contracts, while comparisons with Super Micro favor the latter on valuation and earnings visibility. Nebius: The Market Is Arguing About The Wrong Number
• Negative Sentiment: The enlarged convertible financing has intensified dilution concerns. The deal includes $3 billion of 0.50% notes due 2030 and $2 billion of 4.50% notes due 2034; conversion into shares could reduce existing investors’ ownership and pressure the stock. Nebius prices upsized convertible debt offering
• Negative Sentiment: Reports of insider selling have added to near-term selling pressure and raised concern after the stock’s substantial advance. Nebius stock price after insider selling
• Negative Sentiment: BCA Research and Michael Burry warned that heavily financed “neocloud” companies could face commoditized pricing, excessive leverage and poor returns on capital if AI infrastructure supply outpaces profitable demand. BCA Research warning on Nebius

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.