World Investment Advisors Purchases Shares of 9,748 Nebius Group N.V. $NBIS

World Investment Advisors acquired a new stake in Nebius Group N.V. (NASDAQ:NBIS) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 9,748 shares of the company’s stock, valued at approximately $816,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of NBIS. Parkside Financial Bank & Trust acquired a new position in Nebius Group during the fourth quarter valued at approximately $25,000. SHP Wealth Management acquired a new stake in shares of Nebius Group in the fourth quarter worth $26,000. Root Financial Partners LLC acquired a new stake in shares of Nebius Group in the fourth quarter worth $26,000. Blue Trust Inc. raised its stake in shares of Nebius Group by 73.8% in the 4th quarter. Blue Trust Inc. now owns 332 shares of the company’s stock valued at $28,000 after acquiring an additional 141 shares during the period. Finally, Armstrong Advisory Group Inc. raised its stake 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 valued at $30,000 after acquiring an additional 300 shares during the period. Institutional investors and hedge funds own 21.90% of the company’s stock.

Insider Activity at Nebius Group

In other news, General Counsel Boaz Tal sold 5,100 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $199.39, for a total value of $1,016,889.00. Following the completion of the sale, the general counsel owned 80,754 shares of the company’s stock, valued at approximately $16,101,540.06. The trade was a 5.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Danila Shtan sold 15,678 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $238.96, for a total value of $3,746,414.88. Following the sale, the chief technology officer owned 291,700 shares in the company, valued at $69,704,632. The trade was a 5.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 700,710 shares of company stock worth $132,153,501 over the last ninety days.

Nebius Group Trading Down 1.1%

NBIS opened at $283.61 on Tuesday. The firm’s 50 day moving average is $203.55 and its 200-day moving average is $135.58. Nebius Group N.V. has a 52-week low of $43.89 and a 52-week high of $299.86. The company has a quick ratio of 8.33, a current ratio of 8.33 and a debt-to-equity ratio of 1.16. The firm has a market capitalization of $71.76 billion, a P/E ratio of 91.49 and a beta of 4.03.

Nebius Group (NASDAQ:NBIS) last announced its earnings results on Thursday, May 14th. The company reported ($0.23) earnings per share for the quarter, beating the consensus estimate of ($0.77) by $0.54. The business had revenue of $399.00 million during the quarter, compared to the consensus estimate 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 for the quarter was up 684.0% compared to the same quarter last year. Analysts expect that Nebius Group N.V. will post -1.91 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently weighed in on NBIS shares. Wolfe Research initiated coverage on shares of Nebius Group in a report on Thursday, April 16th. They set a “peer perform” rating on the stock. BWS Financial increased their price target on Nebius Group from $130.00 to $200.00 and gave the company a “buy” rating in a report on Monday, March 16th. Cantor Fitzgerald initiated coverage on Nebius Group in a research report on Thursday, April 9th. They issued an “overweight” rating and a $129.00 price objective on the stock. BNP Paribas Exane assumed coverage on Nebius Group in a research note on Tuesday, June 2nd. They set a “neutral” rating and a $255.00 price objective on the stock. Finally, Wall Street Zen raised Nebius Group from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 16th. Nine analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $203.25.

Nebius Group Company 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.