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

Oppenheimer & Co. Inc. cut its stake in Nebius Group N.V. (NASDAQ:NBIS) by 10.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor 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 reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. BlackRock Inc. grew its position in Nebius Group by 16.0% in the second quarter. BlackRock Inc. now owns 11,531,270 shares of the company’s stock valued at $3,184,591,000 after acquiring an additional 1,593,684 shares during the period. Situational Awareness LP acquired a new position in Nebius Group during the second quarter worth $1,232,895,000. State Street Corp raised its stake in Nebius Group by 16.2% during the second quarter. State Street Corp now owns 4,069,875 shares of the company’s stock worth $1,123,977,000 after acquiring an additional 568,415 shares in the last quarter. Jennison Associates LLC raised its stake in Nebius Group by 134.3% during the second quarter. Jennison Associates LLC now owns 3,983,899 shares of the company’s stock worth $1,100,233,000 after acquiring an additional 2,283,676 shares in the last quarter. Finally, Accel Leaders 4 Associates L.P. bought a new position in shares of Nebius Group during the second quarter valued at $1,012,097,322. Institutional investors own 21.90% of the company’s stock.

Nebius Group Stock Up 7.0%

NASDAQ NBIS opened at $182.34 on Thursday. The firm has a market cap of $46.14 billion, a PE ratio of -6,075.97 and a beta of 4.18. Nebius Group N.V. has a one year low of $73.52 and a one year high of $299.86. The stock’s 50 day simple moving average is $212.06 and its 200 day simple moving average is $176.27. The company has a debt-to-equity ratio of 0.82, a current ratio of 4.03 and a quick ratio of 4.03.

Nebius Group (NASDAQ:NBIS) last issued its quarterly earnings data on Thursday, August 13th. The company reported ($0.12) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.67) by $0.55. The firm had revenue of $582.30 million during the quarter, compared to the consensus estimate of $567.91 million. Nebius Group had a negative return on equity of 6.03% and a net margin of 4.55%. The business’s revenue for the quarter was up 454% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.38 EPS. As a group, sell-side analysts forecast that Nebius Group N.V. will post -3.19 earnings per share for the current fiscal year.

Analysts Set New Price Targets

NBIS has been the topic of several recent analyst reports. Truist Financial upgraded shares of Nebius Group to a “strong-buy” rating in a research note on Thursday, September 10th. Freedom Capital raised shares of Nebius Group from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Robert W. Baird increased their target price on shares of Nebius Group from $250.00 to $340.00 and gave the stock an “outperform” rating in a research report on Thursday, August 13th. DA Davidson reissued a “neutral” rating and set a $175.00 price target on shares of Nebius Group in a report on Thursday, August 13th. Finally, Piper Sandler reduced their price target on shares of Nebius Group from $237.00 to $185.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 21st. Four equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Nebius Group presently has an average rating of “Moderate Buy” and an average price target of $243.25.

Insider Activity at Nebius Group

In related news, CTO Danila Shtan sold 14,546 shares of Nebius Group 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 completion of the transaction, the chief technology officer directly owned 260,217 shares of the company’s stock, valued at $60,932,412.72. The trade was a 5.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Andrey Korolenko sold 29,090 shares of the company’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $234.16, for a total transaction of $6,811,714.40. Following the transaction, the insider owned 522,248 shares in the company, valued at approximately $122,289,591.68. This trade represents a 5.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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.

Trending Headlines about Nebius Group

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

About Nebius Group

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.