40,428 Shares in Nebius Group N.V. $NBIS Bought by Gunderson Capital Management LLC

Gunderson Capital Management LLC purchased a new position in Nebius Group N.V. (NASDAQ:NBIS) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 40,428 shares of the company’s stock, valued at approximately $4,195,000. Nebius Group comprises about 1.8% of Gunderson Capital Management LLC’s investment portfolio, making the stock its 29th largest position.

Several other institutional investors have also added to or reduced their stakes in NBIS. Parkside Financial Bank & Trust bought a new position in shares of Nebius Group during the fourth quarter valued at about $25,000. Root Financial Partners LLC bought a new stake in shares of Nebius Group in the 4th quarter valued at about $26,000. SHP Wealth Management bought a new stake in shares of Nebius Group in the 4th quarter valued at about $26,000. Blue Trust Inc. boosted its holdings in Nebius Group by 73.8% during the 4th quarter. Blue Trust Inc. now owns 332 shares of the company’s stock valued at $28,000 after acquiring an additional 141 shares during the period. Finally, Armstrong Advisory Group Inc. boosted its holdings in Nebius Group by 500.0% during the 4th quarter. Armstrong Advisory Group Inc. now owns 360 shares of the company’s stock valued at $30,000 after acquiring an additional 300 shares during the period. 21.90% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Nebius Group

In other news, CRO Marc Boroditsky sold 10,776 shares of Nebius Group stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $276.20, for a total transaction of $2,976,331.20. Following the sale, the executive owned 26,886 shares of the company’s stock, valued at approximately $7,425,913.20. The trade was a 28.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 transaction, the chief financial officer owned 12,672 shares in the company, valued at $3,500,006.40. This represents a 10.64% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 700,710 shares of company stock worth $132,153,501.

Nebius Group Price Performance

Shares of NBIS stock opened at $240.30 on Friday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 8.33 and a current ratio of 8.33. Nebius Group N.V. has a fifty-two week low of $43.89 and a fifty-two week high of $299.86. The firm has a market cap of $60.80 billion, a P/E ratio of 77.52 and a beta of 4.03. The business’s 50 day moving average price is $211.62 and its 200-day moving average price is $139.75.

Nebius Group (NASDAQ:NBIS) last announced its quarterly earnings results on Thursday, May 14th. The company reported ($0.23) EPS for the quarter, topping analysts’ consensus estimates of ($0.77) by $0.54. The company had revenue of $399.00 million during the quarter, compared to analyst estimates of $375.13 million. Nebius Group had a negative return on equity of 9.11% and a net margin of 95.27%.The company’s revenue was up 684.0% compared to the same quarter last year. On average, equities research analysts anticipate that Nebius Group N.V. will post -1.91 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have commented on NBIS. Bank of America lifted their price target on Nebius Group from $240.00 to $280.00 and gave the stock a “buy” rating in a research note on Monday, June 8th. BWS Financial raised their target price on shares of Nebius Group from $130.00 to $200.00 and gave the stock a “buy” rating in a report on Monday, March 16th. Citizens Jmp lifted their target price on shares of Nebius Group from $175.00 to $270.00 and gave the stock a “market outperform” rating in a research note on Thursday, May 14th. Cantor Fitzgerald started coverage on shares of Nebius Group in a report on Thursday, April 9th. They set an “overweight” rating and a $129.00 price target for the company. Finally, Wall Street Zen raised shares of Nebius Group from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 16th. Nine analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $203.25.

About Nebius Group

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.