CenterBook Partners LP Purchases 39,255 Shares of Nebius Group N.V. $NBIS

CenterBook Partners LP increased its holdings in Nebius Group N.V. (NASDAQ:NBIS) by 272.7% during the 3rd quarter, HoldingsChannel reports. The firm owned 53,652 shares of the company’s stock after buying an additional 39,255 shares during the period. CenterBook Partners LP’s holdings in Nebius Group were worth $12,655,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Kestra Advisory Services LLC increased its position in Nebius Group by 12.0% during the third quarter. Kestra Advisory Services LLC now owns 54,964 shares of the company’s stock valued at $12,965,000 after acquiring an additional 5,897 shares during the last quarter. Quadcap Wealth Management LLC increased its position in Nebius Group by 121.9% during the 3rd quarter. Quadcap Wealth Management LLC now owns 2,048 shares of the company’s stock valued at $483,000 after purchasing an additional 1,125 shares during the period. Chicago Partners Investment Group LLC boosted its position in Nebius Group by 19.4% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 1,640 shares of the company’s stock valued at $260,000 after acquiring an additional 267 shares in the last quarter. Covestor Ltd lifted its position in Nebius Group by 103.3% during the third quarter. Covestor Ltd now owns 1,791 shares of the company’s stock valued at $422,000 after acquiring an additional 910 shares during the last quarter. Finally, Compass Financial Management LLC purchased a new stake in shares of Nebius Group during the third quarter worth about $1,350,000. Hedge funds and other institutional investors own 21.90% of the company’s stock.

Analyst Ratings Changes

NBIS has been the subject of a number of research reports. Northland Securities lifted their target price on Nebius Group from $248.00 to $410.00 and gave the stock an “outperform” rating in a report on Monday, July 20th. Zacks Research upgraded Nebius Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 19th. DA Davidson reiterated a “neutral” rating and set a $175.00 price target on shares of Nebius Group in a report on Thursday, August 13th. Wall Street Zen upgraded shares of Nebius Group from a “strong sell” rating to a “sell” rating in a research report on Sunday, August 16th. Finally, Robert W. Baird lifted their target price on Nebius Group from $250.00 to $340.00 and gave the company an “outperform” rating in a report on Thursday, August 13th. Four analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Nebius Group has an average rating of “Moderate Buy” and a consensus price target of $239.56.

Nebius Group Stock Performance

NASDAQ:NBIS traded up $9.12 during trading hours on Friday, reaching $129.49. 24,517,387 shares of the company’s stock were exchanged, compared to its average volume of 23,231,836. 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 1-year low of $73.52 and a 1-year high of $299.86. The company has a 50-day moving average of $201.70 and a 200 day moving average of $177.70. The firm has a market capitalization of $32.76 billion, a price-to-earnings ratio of -4,314.90 and a beta of 4.63.

Nebius Group (NASDAQ:NBIS) last posted its quarterly earnings data 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 negative return on equity of 6.03% and a net margin of 4.55%. The firm had revenue of $582.30 million during the quarter, compared to the consensus estimate of $567.91 million. During the same period in the prior year, the business earned $2.38 EPS. The firm’s revenue was up 454% compared to the same quarter last year. Research analysts anticipate that Nebius Group N.V. will post -3.19 EPS for the current year.

Trending Headlines about Nebius Group

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

• Positive Sentiment: A rival neocloud reported that AI-cloud revenue nearly tripled to $200 million, with rising contract prices suggesting demand remains firm. That helped lift sentiment across the sector and supported a recovery in Nebius after Thursday’s steep decline. Article: Nebius Soars as a Rival’s AI Cloud Beat Lifts Neoclouds
• Positive Sentiment: A broader market recovery and rally in AI stocks also contributed to the rebound. Article: Nebius Stock Rises Amid Market Recovery and AI Sector Rally
• Neutral Sentiment: Investors are looking ahead to Nebius’s next earnings report, which could clarify whether the company is delivering planned capacity and converting customer commitments into revenue. Article: CoreWeave Ready to Report Q3 as AI Stocks Crumble; Nebius Also Due
• Negative Sentiment: The rebound follows a severe recent pullback. Investors remain concerned about data-center delivery delays, heavy capital requirements, financing costs and potential shareholder dilution. Political opposition to new data centers has added uncertainty around expansion plans. Article: Nebius: The Selloff Is Testing More Than Its Valuation
• Negative Sentiment: Analyst actions have also weighed on sentiment: Citi lowered its price target to $265 from $324, while keeping a Buy rating. Article: Could Nebius Actually Climb 87%? Or Is Citi Totally Wrong?

Insider Buying and Selling at Nebius Group

In other news, insider Andrey Korolenko sold 29,090 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $234.16, for a total transaction of $6,811,714.40. Following the sale, the insider owned 522,248 shares of the company’s stock, valued at $122,289,591.68. The trade was a 5.28% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Danila Shtan sold 14,546 shares of the company’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $234.16, for a total value of $3,406,091.36. Following the completion of the sale, the chief technology officer directly owned 260,217 shares in the company, valued at $60,932,412.72. This trade represents a 5.29% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders bought 1,718 shares of company stock worth $280,207 and sold 158,823 shares worth $38,168,832.

Nebius Group Profile

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.