Cloverfields Capital Group LP Invests $1.23 Million in Nebius Group N.V. $NBIS

Cloverfields Capital Group LP acquired a new position in shares of Nebius Group N.V. (NASDAQ:NBIS) during the 1st quarter, Holdings Channel reports. The firm acquired 11,881 shares of the company’s stock, valued at approximately $1,233,000.

Other institutional investors have also recently modified their holdings of the company. State Street Corp increased its stake in shares of Nebius Group by 2,391.3% in the 4th quarter. State Street Corp now owns 3,219,326 shares of the company’s stock valued at $269,474,000 after purchasing an additional 3,090,103 shares during the last quarter. Capital Research Global Investors bought a new stake in shares of Nebius Group in the 4th quarter valued at about $231,635,000. Accel Leaders 3 Associates L.P. bought a new position in Nebius Group during the fourth quarter worth $188,496,000. Qube Research & Technologies Ltd acquired a new stake in Nebius Group during the third quarter worth approximately $238,511,000. Finally, Orbis Allan Gray Ltd boosted its stake in Nebius Group by 12.4% during the second quarter. Orbis Allan Gray Ltd now owns 17,651,930 shares of the company’s stock worth $976,681,000 after acquiring an additional 1,949,708 shares in the last quarter. 21.90% of the stock is currently owned by institutional investors.

Key Stories Impacting Nebius Group

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

• Positive Sentiment: Nvidia’s disclosed 9.3% ownership stake has intensified bullish sentiment and helped validate Nebius as a key AI infrastructure player. Nebius Group (NBIS) Draws Nvidia Backing, Is It Still Below Fair Value?
• Positive Sentiment: Nebius also validated its first Vera Rubin NVL72 rack in Finland, underscoring early access to Nvidia’s latest hardware and strengthening the strategic partnership between the two companies. Nebius validates first Vera Rubin NVL72 rack in Finland days after NVDA stake
• Positive Sentiment: Wall Street turned more constructive on the stock, with Robert W. Baird upgrading Nebius to strong-buy/outperform and Northland Securities raising its price target, adding to the rally. Nebius Group is now covered by Robert W. Baird
• Positive Sentiment: Coverage highlighting the Nvidia stake and bullish analyst commentary reinforced the view that Nebius could still trade below fair value despite the sharp move higher. Cementing the Sky: Why NVIDIA’s Bet on Nebius Matters

Analyst Upgrades and Downgrades

Several analysts recently issued reports on NBIS shares. Citizens Jmp lifted their price target on shares of Nebius Group from $175.00 to $270.00 and gave the company a “market outperform” rating in a research report on Thursday, May 14th. Cantor Fitzgerald assumed coverage on shares of Nebius Group in a report on Thursday, April 9th. They set an “overweight” rating and a $129.00 price objective on the stock. Weiss Ratings raised shares of Nebius Group from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 20th. Wolfe Research started coverage on shares of Nebius Group in a report on Thursday, April 16th. They set a “peer perform” rating for the company. Finally, Robert W. Baird started coverage on shares of Nebius Group in a research report on Wednesday. They set an “outperform” rating and a $250.00 target price for the company. Three investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $222.15.

Insider Activity at Nebius Group

In related news, CFO Sanchez Maria Del Dado Alonso sold 1,509 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $276.20, for a total value of $416,785.80. Following the completion of the sale, 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 position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Andrey Korolenko sold 33,871 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $235.45, for a total value of $7,974,926.95. Following the transaction, the insider owned 551,338 shares in the company, valued at approximately $129,812,532.10. The trade was a 5.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 668,405 shares of company stock worth $140,422,170 in the last three months.

Nebius Group Price Performance

Nebius Group stock opened at $220.97 on Friday. The business’s 50 day simple moving average is $228.94 and its 200 day simple moving average is $156.87. Nebius Group N.V. has a 12 month low of $50.00 and a 12 month high of $299.86. The company has a market cap of $55.91 billion, a price-to-earnings ratio of 71.28 and a beta of 4.10. The company has a current ratio of 8.33, a quick ratio of 8.33 and a debt-to-equity ratio of 1.16.

Nebius Group (NASDAQ:NBIS) last released its quarterly earnings data on Thursday, May 14th. The company reported ($0.23) EPS for the quarter, beating the consensus estimate of ($0.81) by $0.58. The business had revenue of $399.00 million for the quarter, compared to the consensus estimate of $375.13 million. Nebius Group had a net margin of 95.27% and a negative return on equity of 9.11%. Nebius Group’s revenue for the quarter was up 684.0% on a year-over-year basis. Sell-side analysts forecast that Nebius Group N.V. will post -1.91 EPS for the current year.

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.