4,119 Nebius Group N.V. $NBIS Shares Bought by Vise Technologies Inc.

Vise Technologies Inc. grew its stake in Nebius Group N.V. (NASDAQ:NBIS – Free Report) by 127.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,359 shares of the company’s stock after purchasing an additional 4,119 shares during the period. Vise Technologies Inc.’s holdings in Nebius Group were worth $1,736,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the stock. Allied Private Wealth LLC acquired a new stake in shares of Nebius Group during the 2nd quarter worth about $25,000. Sarver Vrooman Wealth Advisors acquired a new position in Nebius Group in the second quarter valued at about $28,000. GoalVest Advisory LLC acquired a new position in Nebius Group in the second quarter valued at about $28,000. Eastern Bank grew its stake in Nebius Group by 66.3% during the third quarter. Eastern Bank now owns 158 shares of the company’s stock worth $37,000 after buying an additional 63 shares during the last quarter. Finally, Wealth Enhancement Trust Services Inc. increased its holdings in shares of Nebius Group by 227.1% during the third quarter. Wealth Enhancement Trust Services Inc. now owns 157 shares of the company’s stock worth $37,000 after buying an additional 109 shares in the last quarter. 21.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on NBIS. William Blair assumed coverage on shares of Nebius Group in a research note on Wednesday, September 30th. They issued an “outperform” rating for the company. Rothschild & Co Redburn initiated coverage on Nebius Group in a research report on Monday, September 21st. They set a “sell” rating and a $84.00 price target on the stock. Wall Street Zen upgraded Nebius Group from a “strong sell” rating to a “sell” rating in a research report on Sunday, August 16th. Northland Securities boosted their price objective on Nebius Group from $248.00 to $410.00 and gave the stock an “outperform” rating in a research note on Monday, July 20th. Finally, Robert W. Baird raised their target price on Nebius Group from $250.00 to $340.00 and gave the company an “outperform” rating in a research note on Thursday, August 13th. Four equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $239.56.

Read Our Latest Stock Analysis on NBIS

Nebius Group Price Performance

Shares of NBIS traded up $9.12 during mid-day trading on Friday, hitting $129.49. 24,517,387 shares of the company traded hands, compared to its average volume of 23,231,836. 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 stock has a market capitalization of $32.76 billion, a price-to-earnings ratio of -4,314.90 and a beta of 4.63. The business has a 50-day moving average of $201.70 and a 200 day moving average of $177.70. Nebius Group N.V. has a one year low of $73.52 and a one year high of $299.86.

Nebius Group (NASDAQ:NBIS – Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. 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 net margin of 4.55% and a negative return on equity of 6.03%. The firm had revenue of $582.30 million during the quarter, compared to analysts’ expectations of $567.91 million. During the same quarter in the previous year, the company posted $2.38 EPS. Nebius Group’s revenue was up 454% on a year-over-year basis. As a group, equities analysts expect that Nebius Group N.V. will post -3.19 earnings per share for the current fiscal year.

Insider Transactions at Nebius Group

In other news, Director Arne Grimme acquired 148 shares of the stock in a transaction that occurred on Wednesday, October 28th. The stock was purchased at an average cost of $169.84 per share, for a total transaction of $25,136.32. Following the completion of the transaction, the director directly owned 7,899 shares in the company, valued at $1,341,566.16. This trade represents a 1.91% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Wilson Boynton sold 333 shares of Nebius Group stock in a transaction dated Thursday, October 29th. The stock was sold at an average price of $173.07, for a total value of $57,632.31. Following the completion of the sale, the director owned 403,189 shares of the company’s stock, valued at approximately $69,779,920.23. The trade was a 0.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders bought 1,718 shares of company stock worth $280,207 and sold 158,823 shares worth $38,168,832.

Nebius Group News Summary

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

Nebius Group Company Profile

(Free Report)

Nebius Group is a technology company focused on building infrastructure for artificial intelligence. Its core business, Nebius, offers cloud computing services and access to accelerated computing resources designed to help developers and organizations train and run AI models.

The company also has businesses in areas including data services for AI, autonomous mobility and online education. Based in Amsterdam, Nebius serves customers internationally and is developing data center and computing capacity to support its AI cloud services.

Nebius Group was formerly known as Yandex N.V.

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Institutional Ownership by Quarter for Nebius Group (NASDAQ:NBIS)

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