Zevenbergen Capital Investments LLC Sells 11,125 Shares of Nebius Group N.V. $NBIS

Zevenbergen Capital Investments LLC lowered its position in Nebius Group N.V. (NASDAQ:NBIS) by 17.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 51,925 shares of the company’s stock after selling 11,125 shares during the quarter. Zevenbergen Capital Investments LLC’s holdings in Nebius Group were worth $5,830,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of NBIS. Signaturefd LLC raised its stake in shares of Nebius Group by 125.0% in the second quarter. Signaturefd LLC now owns 450 shares of the company’s stock valued at $25,000 after purchasing an additional 250 shares in the last quarter. SJS Investment Consulting Inc. bought a new position in shares of Nebius Group during the 2nd quarter worth about $31,000. Assetmark Inc. boosted its position in shares of Nebius Group by 102.0% during the 2nd quarter. Assetmark Inc. now owns 602 shares of the company’s stock valued at $33,000 after acquiring an additional 304 shares in the last quarter. LRI Investments LLC increased its stake in Nebius Group by 85.4% in the second quarter. LRI Investments LLC now owns 673 shares of the company’s stock valued at $37,000 after acquiring an additional 310 shares during the period. Finally, ORG Partners LLC increased its stake in Nebius Group by 369.1% in the second quarter. ORG Partners LLC now owns 760 shares of the company’s stock valued at $39,000 after acquiring an additional 598 shares during the period. Institutional investors and hedge funds own 21.90% of the company’s stock.

Key Headlines Impacting Nebius Group

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

• Positive Sentiment: Nebius rolled out AI Cloud 3.1 with NVIDIA Blackwell Ultra, global GPU visibility and upgraded security — a product upgrade investors view as capable of accelerating enterprise AI deployments and revenue growth. Can NBIS AI Cloud 3.1’s Blackwell Ultra Launch Trigger Growth Momentum?
• Positive Sentiment: JMP initiated coverage highlighting Nebius and former bitcoin miners as key AI/HPC power providers, saying scarcity and strong GPU cluster pricing could unlock value — a research endorsement that can lift investor sentiment. Nebius Group (NBIS) and Former Bitcoin Miners Initiated as Key AI/HPC Power Providers by JMP, Poised for Value Unlock Amid Scarcity and Strong GPU Cluster Pricing
• Positive Sentiment: Analysts and commentators are speculating that Nebius could be an acquisition target in 2026 as AI infrastructure M&A activity heats up — takeover talk often boosts a growth stock’s near-term price. Prediction: This Artificial Intelligence Company Will Be Acquired in 2026
• Positive Sentiment: Long-term performance pieces highlight strong historical returns for early Nebius investors, helping retail interest and narrative momentum. If You Invested $1000 In Nebius Group Stock 10 Years Ago, You Would Have This Much Today
• Neutral Sentiment: Coverage in broader stock-roundup pieces lists Nebius among growth names that could outperform big tech in 2026 — positive exposure, but not a company-specific catalyst. These 3 Growth Stocks Can Outperform The Magnificent Seven In 2026
• Neutral Sentiment: Valuation pieces note the post-upgrade valuation re-rate but also flag ongoing profitability concerns — this keeps upside visible but raises questions about sustainable margins. Nebius Group (NasdaqGS:NBIS) Valuation After AI Cloud 3.1 Upgrade and Ongoing Profitability Concerns
• Negative Sentiment: Articles report retail investors betting against the stock and highlight elevated short interest even as shares have surged year-to-date; that creates volatility risk and potential headwinds if sentiment flips. Retail Investors Bet Against Nebius Despite $19B Market Cap and Analyst Price Targets at $151
• Negative Sentiment: Seeking Alpha published a downgrade scenario calling for a H1 2026 melt-up followed by consolidation and a 2027 unwind, warning that current momentum may not be durable. Nebius: H1 2026 Melt-Up, H2 2026 Consolidation, 2027 Unwind (Rating Downgrade)

Wall Street Analysts Forecast Growth

A number of research analysts have commented on NBIS shares. Citizens Jmp started coverage on shares of Nebius Group in a research note on Wednesday, November 19th. They set a “market outperform” rating and a $175.00 price target for the company. CICC Research initiated coverage on Nebius Group in a report on Tuesday, November 11th. They issued an “outperform” rating and a $143.00 target price for the company. Wall Street Zen lowered Nebius Group from a “hold” rating to a “sell” rating in a research note on Saturday, November 15th. Northland Securities upped their price objective on shares of Nebius Group from $206.00 to $211.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 12th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $120.00 price objective on shares of Nebius Group in a report on Wednesday, September 17th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $144.71.

Nebius Group Stock Performance

Shares of NASDAQ NBIS opened at $89.46 on Friday. The stock has a market capitalization of $22.53 billion, a PE ratio of -116.18 and a beta of 3.83. Nebius Group N.V. has a 52 week low of $18.31 and a 52 week high of $141.10. The stock has a 50 day moving average price of $102.29 and a 200 day moving average price of $80.88.

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.