Intellectus Partners LLC Has $1.06 Million Stake in Nebius Group N.V. $NBIS

Intellectus Partners LLC lowered its stake in shares of Nebius Group N.V. (NASDAQ:NBIS) by 28.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,200 shares of the company’s stock after selling 7,800 shares during the period. Intellectus Partners LLC’s holdings in Nebius Group were worth $1,062,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Signaturefd LLC raised its holdings in shares of Nebius Group by 125.0% during the second quarter. Signaturefd LLC now owns 450 shares of the company’s stock valued at $25,000 after purchasing an additional 250 shares during the period. SJS Investment Consulting Inc. acquired a new position in shares of Nebius Group during the second quarter valued at about $31,000. Assetmark Inc. raised its holdings in shares of Nebius Group by 102.0% during the second quarter. Assetmark Inc. now owns 602 shares of the company’s stock valued at $33,000 after purchasing an additional 304 shares during the period. LRI Investments LLC raised its holdings in shares of Nebius Group by 85.4% during the second quarter. LRI Investments LLC now owns 673 shares of the company’s stock valued at $37,000 after purchasing an additional 310 shares during the period. Finally, Oliver Lagore Vanvalin Investment Group acquired a new position in shares of Nebius Group during the second quarter valued at about $40,000. Institutional investors and hedge funds own 21.90% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on NBIS shares. BWS Financial upped their price objective on shares of Nebius Group from $90.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, September 9th. DA Davidson reaffirmed a “buy” rating and issued a $75.00 price objective on shares of Nebius Group in a research report on Tuesday, September 9th. Seaport Res Ptn raised shares of Nebius Group to a “hold” rating in a research report on Monday, September 15th. Wall Street Zen raised shares of Nebius Group from a “sell” rating to a “hold” rating in a research report on Tuesday, September 30th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $120.00 target price on shares of Nebius Group in a research report on Wednesday, September 17th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $91.20.

Nebius Group Stock Performance

Shares of NBIS opened at $130.82 on Monday. The business has a 50-day moving average of $102.65 and a 200 day moving average of $65.70. Nebius Group N.V. has a fifty-two week low of $17.39 and a fifty-two week high of $141.10. The company has a debt-to-equity ratio of 0.31, a current ratio of 14.70 and a quick ratio of 14.70.

Nebius Group (NASDAQ:NBIS) last released its quarterly earnings data on Thursday, August 7th. The company reported ($0.38) EPS for the quarter, topping the consensus estimate of ($0.41) by $0.03. The company had revenue of $105.10 million during the quarter, compared to the consensus estimate of $95.60 million. Nebius Group had a net margin of 99.34% and a return on equity of 6.14%. Analysts forecast that Nebius Group N.V. will post -1.1 earnings per share for the current fiscal year.

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.