Sanchez Maria Del Dado Alonso Sells 1,509 Shares of Nebius Group (NASDAQ:NBIS) Stock

Nebius Group N.V. (NASDAQ:NBIS) CFO Sanchez Maria Del Dado Alonso sold 1,509 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $276.20, for a total transaction of $416,785.80. Following the completion of the transaction, the chief financial officer owned 12,672 shares in the company, valued at $3,500,006.40. The trade was a 10.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Nebius Group Trading Down 4.0%

NASDAQ:NBIS traded down $10.55 on Wednesday, hitting $250.03. The stock had a trading volume of 6,226,493 shares, compared to its average volume of 16,003,180. The company has a quick ratio of 8.33, a current ratio of 8.33 and a debt-to-equity ratio of 1.16. The stock has a market cap of $63.26 billion, a price-to-earnings ratio of 80.66 and a beta of 4.03. The company has a fifty day moving average price of $161.71 and a two-hundred day moving average price of $118.68. Nebius Group N.V. has a 1-year low of $37.12 and a 1-year high of $278.84.

Nebius Group (NASDAQ:NBIS) last posted its earnings results 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. The company had revenue of $399.00 million for the quarter, compared to analyst estimates of $375.13 million. Nebius Group had a net margin of 95.27% and a negative return on equity of 9.11%. The firm’s revenue was up 684.0% compared to the same quarter last year. Equities research analysts expect that Nebius Group N.V. will post -2.32 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Nebius Group

A number of hedge funds have recently added to or reduced their stakes in the business. Vestor Capital LLC increased its position in shares of Nebius Group by 456.5% in the 1st quarter. Vestor Capital LLC now owns 51,066 shares of the company’s stock valued at $5,299,000 after purchasing an additional 41,890 shares during the last quarter. SOA Wealth Advisors LLC. increased its position in shares of Nebius Group by 50.0% in the 1st quarter. SOA Wealth Advisors LLC. now owns 750 shares of the company’s stock valued at $78,000 after purchasing an additional 250 shares during the last quarter. Western Wealth Management LLC purchased a new stake in shares of Nebius Group in the 1st quarter valued at approximately $293,000. Rovida Investment Management Ltd increased its position in shares of Nebius Group by 3.6% in the 1st quarter. Rovida Investment Management Ltd now owns 1,893,647 shares of the company’s stock valued at $196,333,000 after purchasing an additional 65,000 shares during the last quarter. Finally, Silicon Valley Capital Partners increased its position in shares of Nebius Group by 400.0% in the 1st quarter. Silicon Valley Capital Partners now owns 1,250 shares of the company’s stock valued at $130,000 after purchasing an additional 1,000 shares during the last quarter. 21.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on NBIS. BNP Paribas Exane began coverage on shares of Nebius Group in a research note on Tuesday. They issued a “neutral” rating and a $255.00 price target on the stock. Morgan Stanley boosted their price target on shares of Nebius Group from $126.00 to $144.00 and gave the company an “equal weight” rating in a research note on Thursday, May 14th. Wall Street Zen raised shares of Nebius Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 16th. BWS Financial boosted their price target on shares of Nebius Group from $130.00 to $200.00 and gave the company a “buy” rating in a research note on Monday, March 16th. Finally, Bank of America boosted their price target on shares of Nebius Group from $175.00 to $205.00 and gave the company a “buy” rating in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $188.31.

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.