Nebius Group N.V. $NBIS is Lane Generational LLC’s Largest Position

Lane Generational LLC trimmed its stake in Nebius Group N.V. (NASDAQ:NBIS) by 26.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 118,978 shares of the company’s stock after selling 43,232 shares during the quarter. Nebius Group accounts for 11.1% of Lane Generational LLC’s portfolio, making the stock its biggest holding. Lane Generational LLC’s holdings in Nebius Group were worth $13,358,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Western Pacific Wealth Management LP bought a new position in Nebius Group in the 3rd quarter worth about $45,000. Grove Bank & Trust purchased a new position in Nebius Group in the third quarter worth about $50,000. Signaturefd LLC lifted its stake in shares of Nebius Group by 125.0% in the second quarter. Signaturefd LLC now owns 450 shares of the company’s stock worth $25,000 after buying an additional 250 shares in the last quarter. SOA Wealth Advisors LLC. lifted its stake in shares of Nebius Group by 38.5% in the third quarter. SOA Wealth Advisors LLC. now owns 450 shares of the company’s stock worth $51,000 after buying an additional 125 shares in the last quarter. Finally, Grey Fox Wealth Advisors LLC purchased a new stake in shares of Nebius Group during the third quarter valued at approximately $56,000. 21.90% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on NBIS. Morgan Stanley started coverage on shares of Nebius Group in a report on Thursday, January 15th. They issued an “equal weight” rating and a $126.00 price objective for the company. CICC Research initiated coverage on Nebius Group in a research note on Tuesday, November 11th. They issued an “outperform” rating and a $143.00 price target for the company. Northland Securities upped their price target on Nebius Group from $206.00 to $211.00 and gave the company an “outperform” rating in a report on Wednesday, November 12th. Wall Street Zen downgraded Nebius Group from a “hold” rating to a “sell” rating in a report on Saturday, November 15th. Finally, Weiss Ratings lowered Nebius Group from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Nebius Group currently has an average rating of “Moderate Buy” and a consensus target price of $142.38.

Nebius Group Stock Down 10.2%

Shares of NASDAQ:NBIS opened at $85.19 on Friday. The stock has a market capitalization of $21.45 billion, a PE ratio of -110.64 and a beta of 4.00. The firm’s 50 day moving average price is $94.01 and its 200-day moving average price is $90.88. Nebius Group N.V. has a twelve month low of $18.31 and a twelve month high of $141.10.

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.