Nebius Group (NASDAQ:NBIS) Director John Wilson Iv Boynton Sells 5,812 Shares

Nebius Group N.V. (NASDAQ:NBIS) Director John Wilson Iv Boynton sold 5,812 shares of Nebius Group stock in a transaction on Monday, June 15th. The shares were sold at an average price of $253.29, for a total value of $1,472,121.48. Following the completion of the sale, the director directly owned 378,665 shares of the company’s stock, valued at approximately $95,912,057.85. This represents a 1.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Nebius Group Trading Up 11.9%

NASDAQ:NBIS traded up $27.71 on Monday, hitting $260.07. 16,643,311 shares of the stock were exchanged, compared to its average volume of 16,308,309. The stock has a market cap of $65.80 billion, a PE ratio of 83.89 and a beta of 4.03. The company has a current ratio of 8.33, a quick ratio of 8.33 and a debt-to-equity ratio of 1.16. The stock has a fifty day moving average of $187.49 and a 200-day moving average of $129.09. Nebius Group N.V. has a fifty-two week low of $43.89 and a fifty-two week high of $278.84.

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

Institutional Trading of Nebius Group

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Parkside Financial Bank & Trust acquired a new stake in Nebius Group in the 4th quarter valued at approximately $25,000. Root Financial Partners LLC acquired a new position in Nebius Group during the 4th quarter worth $26,000. SHP Wealth Management acquired a new position in Nebius Group during the 4th quarter worth $26,000. Sound Income Strategies LLC boosted its position in Nebius Group by 62.5% during the 1st quarter. Sound Income Strategies LLC now owns 260 shares of the company’s stock worth $27,000 after acquiring an additional 100 shares during the period. Finally, Blue Trust Inc. boosted its position in Nebius Group by 73.8% during the 4th quarter. Blue Trust Inc. now owns 332 shares of the company’s stock worth $28,000 after acquiring an additional 141 shares during the period. 21.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently commented on NBIS shares. Cantor Fitzgerald started coverage on Nebius Group in a research note on Thursday, April 9th. They issued an “overweight” rating and a $129.00 price target on the stock. Compass Point started coverage on Nebius Group in a research note on Wednesday, February 18th. They issued a “buy” rating and a $150.00 price target on the stock. Wall Street Zen upgraded Nebius Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 16th. Weiss Ratings upgraded Nebius Group from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 20th. Finally, Wolfe Research started coverage on Nebius Group in a research note on Thursday, April 16th. They issued a “peer perform” rating on the stock. Nine equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $203.25.

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.