Venture Visionary Partners LLC Raises Position in Nebius Group N.V. $NBIS

Venture Visionary Partners LLC raised its position in shares of Nebius Group N.V. (NASDAQ:NBIS) by 13.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,462 shares of the company’s stock after purchasing an additional 5,922 shares during the period. Venture Visionary Partners LLC’s holdings in Nebius Group were worth $4,308,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in NBIS. Parkside Financial Bank & Trust purchased a new stake in Nebius Group during the fourth quarter valued at about $25,000. Root Financial Partners LLC bought a new stake in Nebius Group during the 4th quarter valued at approximately $26,000. Blue Trust Inc. boosted its position in shares of Nebius Group by 73.8% in the 4th quarter. Blue Trust Inc. now owns 332 shares of the company’s stock worth $28,000 after purchasing an additional 141 shares in the last quarter. Armstrong Advisory Group Inc. boosted its position in shares of Nebius Group by 500.0% in the 4th quarter. Armstrong Advisory Group Inc. now owns 360 shares of the company’s stock worth $30,000 after purchasing an additional 300 shares in the last quarter. Finally, NewEdge Advisors LLC purchased a new position in Nebius Group in the 1st quarter worth approximately $40,000. Hedge funds and other institutional investors own 21.90% of the company’s stock.

Insider Transactions at Nebius Group

In other news, CEO Arkadiy Volozh sold 33,358 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $103.73, for a total value of $3,460,225.34. Following the transaction, the chief executive officer directly owned 868,289 shares in the company, valued at approximately $90,067,617.97. This represents a 3.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CTO Danila Shtan sold 15,678 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $238.96, for a total transaction of $3,746,414.88. Following the sale, the chief technology officer directly owned 291,700 shares in the company, valued at approximately $69,704,632. The trade was a 5.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 700,710 shares of company stock worth $132,153,501.

Nebius Group Stock Up 11.9%

Shares of NASDAQ NBIS opened at $260.07 on Tuesday. The firm has a market cap of $65.80 billion, a price-to-earnings ratio of 83.89 and a beta of 4.03. Nebius Group N.V. has a 52-week low of $43.89 and a 52-week high of $278.84. The company’s 50-day simple moving average is $187.49 and its 200-day simple moving average is $129.09. The company has a quick ratio of 8.33, a current ratio of 8.33 and a debt-to-equity ratio of 1.16.

Nebius Group (NASDAQ:NBIS) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($0.23) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.77) by $0.54. The firm had revenue of $399.00 million for the quarter, compared to analyst estimates of $375.13 million. Nebius Group had a net margin of 95.27% and a negative return on equity of 9.11%. Nebius Group’s revenue was up 684.0% compared to the same quarter last year. Equities analysts predict that Nebius Group N.V. will post -1.91 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently commented on NBIS. BWS Financial upped their price objective on Nebius Group from $130.00 to $200.00 and gave the stock a “buy” rating in a research note on Monday, March 16th. Citizens Jmp upped their target price on shares of Nebius Group from $175.00 to $270.00 and gave the company a “market outperform” rating in a research report on Thursday, May 14th. BNP Paribas Exane began coverage on shares of Nebius Group in a research report on Tuesday, June 2nd. They issued a “neutral” rating and a $255.00 price objective on the stock. DA Davidson lowered shares of Nebius Group from a “buy” rating to a “neutral” rating and raised their target price for the stock from $200.00 to $250.00 in a research report on Monday, May 18th. Finally, Weiss Ratings upgraded shares of Nebius Group from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 20th. Nine analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $203.25.

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.