Vise Technologies Inc. Buys 4,119 Shares of Nebius Group N.V. $NBIS

Vise Technologies Inc. boosted its stake in shares of Nebius Group N.V. (NASDAQ:NBIS) by 127.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,359 shares of the company’s stock after buying an additional 4,119 shares during the period. Vise Technologies Inc.’s holdings in Nebius Group were worth $1,736,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. BlackRock Inc. raised its holdings in shares of Nebius Group by 16.0% during 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 stake in shares of Nebius Group in the second quarter worth $1,232,895,000. State Street Corp boosted its position in shares of Nebius Group by 16.2% in the second quarter. State Street Corp now owns 4,069,875 shares of the company’s stock worth $1,123,977,000 after buying an additional 568,415 shares during the period. Jennison Associates LLC grew its holdings in shares of Nebius Group by 134.3% during the second quarter. Jennison Associates LLC now owns 3,983,899 shares of the company’s stock valued at $1,100,233,000 after buying an additional 2,283,676 shares in the last quarter. Finally, Accel Leaders 4 Associates L.P. purchased a new position in shares of Nebius Group during the second quarter valued at $1,012,097,322. 21.90% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Nebius Group

Here are the key news stories impacting Nebius Group this week:

• Positive Sentiment: A rival neocloud reported that AI-cloud revenue nearly tripled to $200 million, with rising contract prices suggesting demand remains firm. That helped lift sentiment across the sector and supported a recovery in Nebius after Thursday’s steep decline. Article: Nebius Soars as a Rival’s AI Cloud Beat Lifts Neoclouds
• Positive Sentiment: A broader market recovery and rally in AI stocks also contributed to the rebound. Article: Nebius Stock Rises Amid Market Recovery and AI Sector Rally
• Neutral Sentiment: Investors are looking ahead to Nebius’s next earnings report, which could clarify whether the company is delivering planned capacity and converting customer commitments into revenue. Article: CoreWeave Ready to Report Q3 as AI Stocks Crumble; Nebius Also Due
• Negative Sentiment: The rebound follows a severe recent pullback. Investors remain concerned about data-center delivery delays, heavy capital requirements, financing costs and potential shareholder dilution. Political opposition to new data centers has added uncertainty around expansion plans. Article: Nebius: The Selloff Is Testing More Than Its Valuation
• Negative Sentiment: Analyst actions have also weighed on sentiment: Citi lowered its price target to $265 from $324, while keeping a Buy rating. Article: Could Nebius Actually Climb 87%? Or Is Citi Totally Wrong?

Nebius Group Stock Performance

Shares of NASDAQ:NBIS traded up $9.12 during trading on Friday, reaching $129.49. The stock had a trading volume of 24,517,387 shares, compared to its average volume of 23,231,836. The stock has a fifty day simple moving average of $201.70 and a two-hundred day simple moving average of $177.70. The company has a quick ratio of 4.03, a current ratio of 4.03 and a debt-to-equity ratio of 0.82. Nebius Group N.V. has a 52 week low of $73.52 and a 52 week high of $299.86. The firm has a market capitalization of $32.76 billion, a price-to-earnings ratio of -4,314.90 and a beta of 4.63.

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

Insider Activity at Nebius Group

In other news, insider Andrey Korolenko sold 29,090 shares of the business’s stock in a transaction dated Thursday, October 1st. The shares were 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. The trade was a 5.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CTO Danila Shtan sold 14,546 shares of the company’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $234.16, for a total transaction of $3,406,091.36. Following the transaction, the chief technology officer directly owned 260,217 shares of the company’s stock, valued at $60,932,412.72. This represents a 5.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have purchased 1,718 shares of company stock worth $280,207 and have sold 158,823 shares worth $38,168,832.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on NBIS shares. Citigroup reduced their price objective on Nebius Group from $324.00 to $265.00 and set a “buy” rating for the company in a research note on Wednesday. Truist Financial raised Nebius Group to a “strong-buy” rating in a research note on Thursday, September 10th. Robert W. Baird upped their target price on Nebius Group from $250.00 to $340.00 and gave the company an “outperform” rating in a report on Thursday, August 13th. Wall Street Zen upgraded shares of Nebius Group from a “strong sell” rating to a “sell” rating in a report on Sunday, August 16th. Finally, Weiss Ratings downgraded shares of Nebius Group from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, October 30th. Four research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Nebius Group has a consensus rating of “Moderate Buy” and a consensus price target of $239.56.

Nebius Group Profile

Nebius Group is a technology company focused on building infrastructure for artificial intelligence. Its core business, Nebius, offers cloud computing services and access to accelerated computing resources designed to help developers and organizations train and run AI models.

The company also has businesses in areas including data services for AI, autonomous mobility and online education. Based in Amsterdam, Nebius serves customers internationally and is developing data center and computing capacity to support its AI cloud services.

Nebius Group was formerly known as Yandex N.V.