2,737 Shares in Nebius Group N.V. $NBIS Bought by Malaga Cove Capital LLC

Malaga Cove Capital LLC bought a new position in Nebius Group N.V. (NASDAQ:NBIS) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 2,737 shares of the company’s stock, valued at approximately $229,000.

A number of other large investors also recently modified their holdings of the business. Integrity Advisory Solutions LLC lifted its holdings in shares of Nebius Group by 39.4% during the fourth quarter. Integrity Advisory Solutions LLC now owns 2,983 shares of the company’s stock worth $250,000 after buying an additional 843 shares during the last quarter. Blue Bell Private Wealth Management LLC lifted its holdings in shares of Nebius Group by 714.9% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 4,474 shares of the company’s stock worth $374,000 after buying an additional 3,925 shares during the last quarter. Harbour Investments Inc. lifted its holdings in shares of Nebius Group by 17.3% during the fourth quarter. Harbour Investments Inc. now owns 29,113 shares of the company’s stock worth $2,437,000 after buying an additional 4,288 shares during the last quarter. Global Assets Advisory LLC acquired a new position in shares of Nebius Group during the fourth quarter worth approximately $410,000. Finally, Clearstead Advisors LLC lifted its holdings in shares of Nebius Group by 19.7% during the fourth quarter. Clearstead Advisors LLC now owns 6,287 shares of the company’s stock worth $526,000 after buying an additional 1,036 shares during the last quarter. 21.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

NBIS has been the subject of a number of research analyst reports. Morgan Stanley upped their price target on Nebius Group from $126.00 to $144.00 and gave the stock an “equal weight” rating in a report on Thursday, May 14th. Wall Street Zen upgraded shares of Nebius Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 16th. Wolfe Research started coverage on shares of Nebius Group in a research note on Thursday, April 16th. They issued a “peer perform” rating for the company. DA Davidson cut shares of Nebius Group from a “buy” rating to a “neutral” rating and increased their target price for the company from $200.00 to $250.00 in a research note on Monday, May 18th. Finally, Freedom Capital cut shares of Nebius Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, Nebius Group has a consensus rating of “Moderate Buy” and an average price target of $182.75.

Nebius Group Stock Up 0.1%

NBIS opened at $208.37 on Thursday. Nebius Group N.V. has a fifty-two week low of $34.72 and a fifty-two week high of $233.73. The company has a market capitalization of $52.72 billion, a P/E ratio of 67.22 and a beta of 4.03. The firm’s fifty day moving average price is $154.40 and its two-hundred day moving average price is $115.88. The company has a debt-to-equity ratio of 1.16, a current ratio of 8.33 and a quick ratio of 8.33.

Nebius Group (NASDAQ:NBIS) last released its quarterly earnings data 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. Nebius Group had a negative return on equity of 9.11% and a net margin of 95.27%.The company had revenue of $399.00 million for the quarter, compared to analyst estimates of $375.13 million. The firm’s quarterly revenue was up 684.0% on a year-over-year basis. On average, analysts anticipate that Nebius Group N.V. will post -2.33 EPS for the current year.

Insider Buying and Selling

In other news, General Counsel Boaz Tal sold 5,100 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $199.39, for a total value of $1,016,889.00. Following the sale, the general counsel directly owned 80,754 shares in the company, valued at approximately $16,101,540.06. This represents a 5.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Andrey Korolenko sold 500,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $203.24, for a total value of $101,620,000.00. Following the completion of the sale, the insider owned 585,209 shares in the company, valued at approximately $118,937,877.16. This represents a 46.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 666,935 shares of company stock valued at $123,541,848.

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.