Nebius Group N.V. $NBIS Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lessened its stake in Nebius Group N.V. (NASDAQ:NBIS) by 10.2% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 34,578 shares of the company’s stock after selling 3,938 shares during the period. Oppenheimer & Co. Inc.’s holdings in Nebius Group were worth $8,156,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Confluence Investment Management LLC lifted its holdings in Nebius Group by 2.0% during the 2nd quarter. Confluence Investment Management LLC now owns 2,475 shares of the company’s stock worth $684,000 after buying an additional 48 shares in the last quarter. Eastern Bank boosted its position in Nebius Group by 66.3% in the 3rd quarter. Eastern Bank now owns 158 shares of the company’s stock valued at $37,000 after buying an additional 63 shares during the last quarter. Hilton Head Capital Partners LLC increased its stake in shares of Nebius Group by 56.0% in the 3rd quarter. Hilton Head Capital Partners LLC now owns 195 shares of the company’s stock valued at $46,000 after buying an additional 70 shares during the period. Jasper Ridge Partners L.P. increased its stake in shares of Nebius Group by 0.5% in the 2nd quarter. Jasper Ridge Partners L.P. now owns 16,132 shares of the company’s stock valued at $4,455,000 after buying an additional 74 shares during the period. Finally, Ancora Advisors LLC increased its stake in shares of Nebius Group by 18.8% in the 2nd quarter. Ancora Advisors LLC now owns 475 shares of the company’s stock valued at $131,000 after buying an additional 75 shares during the period. Institutional investors own 21.90% of the company’s stock.

Nebius Group Stock Performance

Shares of Nebius Group stock opened at $182.34 on Thursday. The firm has a fifty day moving average of $212.06 and a two-hundred day moving average of $176.27. The stock has a market capitalization of $46.14 billion, a price-to-earnings ratio of -6,075.97 and a beta of 4.18. Nebius Group N.V. has a 52 week low of $73.52 and a 52 week high of $299.86. The company has a debt-to-equity ratio of 0.82, a quick ratio of 4.03 and a current ratio of 4.03.

Nebius Group (NASDAQ:NBIS) last posted its quarterly earnings results on Thursday, August 13th. The company reported ($0.12) earnings per share for the quarter, beating analysts’ consensus estimates 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 company had revenue of $582.30 million for the quarter, compared to the consensus estimate of $567.91 million. During the same quarter in the prior year, the business posted $2.38 EPS. The firm’s quarterly revenue was up 454% on a year-over-year basis. As a group, equities research analysts predict that Nebius Group N.V. will post -3.19 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on NBIS. Freedom Capital upgraded Nebius Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. Rosenblatt Securities began coverage on Nebius Group in a report on Thursday, October 8th. They issued a “buy” rating and a $304.00 price target on the stock. Zacks Research upgraded Nebius Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 19th. Truist Financial upgraded Nebius Group to a “strong-buy” rating in a research report on Thursday, September 10th. Finally, William Blair initiated coverage on Nebius Group in a report on Wednesday, September 30th. They set an “outperform” rating for the company. 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 issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $243.25.

More Nebius Group News

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

• Positive Sentiment: Investors received a constructive comparison of Nebius with CoreWeave. Both companies have GPU demand exceeding available capacity, but Nebius has a substantially stronger financial position, with roughly $8.5 billion of debt and $8.0 billion of cash versus CoreWeave’s $35.1 billion of debt and $5.5 billion of cash. Nebius also secured a $3.5 billion Citi financing facility, improving its ability to fund expansion. CoreWeave Vs. Nebius
• Positive Sentiment: A bullish Seeking Alpha analysis said Nebius is showing potential bottoming signals and that fears about funding constraints may be overstated. The article highlighted the company’s balance sheet, capital discipline and expectations that leverage could fall below 1.6 times EBITDA within three to four years. Nebius Chance to Double Down
• Positive Sentiment: Broader neocloud stocks rebounded after a sharp selloff, while Nebius reportedly raised approximately $280 million for a data-center project near Lille, France. The financing supports the company’s continued expansion in the United States, Finland and Europe. Why CoreWeave and Nebius Stocks Rose
• Neutral Sentiment: Director Arne Grimme continued buying NBIS shares under a pre-arranged Rule 10b5-1 plan, including 208 shares at an average price of $153.96. The purchases may signal confidence, although the automatic trading plan reduces their informational value. Nebius Insider Buying
• Negative Sentiment: The Federal Reserve left interest rates unchanged, but two officials favored a hike. Persistent rate uncertainty is a risk for Nebius because its growth strategy requires substantial capital investment and financing. Fed Holds: AI’s Bigger Risk Isn’t Rates
• Negative Sentiment: Recent coverage continued to flag dilution concerns following Nebius’s $5 billion convertible-note offering and the large capital expenditures needed to build AI data centers. These concerns are especially important after the stock’s pullback from its recent highs. Nebius Group Versus CoreWeave and Oracle

Insiders Place Their Bets

In other Nebius Group news, CTO Danila Shtan sold 14,546 shares of the stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $234.16, for a total value of $3,406,091.36. Following the transaction, the chief technology officer owned 260,217 shares of the company’s stock, valued at approximately $60,932,412.72. This represents a 5.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CRO Marc Boroditsky sold 7,000 shares of the firm’s stock in a transaction dated Monday, October 12th. The stock was sold at an average price of $211.23, for a total value of $1,478,610.00. Following the transaction, the executive owned 7,000 shares in the company, valued at approximately $1,478,610. This trade represents a 50.00% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have purchased 1,365 shares of company stock valued at $222,468 and have sold 158,490 shares valued at $38,111,200.

Nebius Group Company Profile

Nebius Group N.V. is a technology company focused on providing cloud infrastructure and services for artificial intelligence and machine learning applications. Through its Nebius AI division, the company offers access to high-performance computing, graphics processing units (GPUs), storage, networking, and related tools designed to help businesses and developers train, deploy, and operate AI models.

The company also operates or supports other technology businesses, including Toloka, an AI data and evaluation platform; TripleTen, an online education provider focused on technology careers; and Avride, a developer of autonomous driving and delivery technologies.