Nebius Group (NASDAQ:NBIS) Director Elena Bunina Sells 10,819 Shares

Nebius Group N.V. (NASDAQ:NBIS) Director Elena Bunina sold 10,819 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $184.86, for a total transaction of $2,000,000.34. Following the transaction, the director directly owned 21,666 shares in the company, valued at approximately $4,005,176.76. The trade was a 33.30% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Elena Bunina also recently made the following trade(s):

• On Monday, May 4th, Elena Bunina sold 5,882 shares of Nebius Group stock. The shares were sold at an average price of $170.00, for a total transaction of $999,940.00.
• On Tuesday, April 14th, Elena Bunina sold 6,250 shares of Nebius Group stock. The shares were sold at an average price of $161.22, for a total transaction of $1,007,625.00.
• On Monday, April 13th, Elena Bunina sold 6,667 shares of Nebius Group stock. The shares were sold at an average price of $150.00, for a total transaction of $1,000,050.00.
• On Friday, April 10th, Elena Bunina sold 7,143 shares of Nebius Group stock. The shares were sold at an average price of $140.00, for a total transaction of $1,000,020.00.

Nebius Group Stock Down 3.4%

NBIS traded down $6.28 during midday trading on Friday, hitting $178.49. 7,011,932 shares of the company’s stock traded hands, compared to its average volume of 15,371,052. The company has a market cap of $44.95 billion, a PE ratio of -122.25 and a beta of 4.03. The stock’s fifty day simple moving average is $125.83 and its 200-day simple moving average is $107.25. The company has a debt-to-equity ratio of 0.89, a current ratio of 3.08 and a quick ratio of 3.08. Nebius Group N.V. has a one year low of $27.20 and a one year high of $197.89.

Nebius Group (NASDAQ:NBIS) last issued its quarterly earnings data on Thursday, February 12th. The company reported ($0.69) earnings per share for the quarter, missing the consensus estimate of ($0.42) by ($0.27). The business had revenue of $227.70 million for the quarter, compared to the consensus estimate of $246.05 million. Nebius Group had a net margin of 19.02% and a negative return on equity of 11.71%. As a group, equities analysts anticipate that Nebius Group N.V. will post -2.44 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

NBIS has been the topic of a number of recent analyst reports. Freedom Capital lowered shares of Nebius Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Wall Street Zen downgraded shares of Nebius Group from a “sell” rating to a “strong sell” rating in a report on Saturday, April 11th. BWS Financial boosted their target price on shares of Nebius Group from $130.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, March 16th. Weiss Ratings raised shares of Nebius Group from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, April 27th. Finally, Bank of America assumed coverage on shares of Nebius Group in a research report on Tuesday, March 24th. They set a “buy” rating and a $150.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, Nebius Group has an average rating of “Moderate Buy” and an average target price of $154.75.

Institutional Investors Weigh In On Nebius Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. Sound Income Strategies LLC grew its stake in shares of Nebius Group by 62.5% in the first 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 last quarter. Caldwell Trust Co acquired a new stake in shares of Nebius Group in the first quarter worth $31,000. Parkside Financial Bank & Trust acquired a new stake in shares of Nebius Group in the fourth quarter worth $25,000. SHP Wealth Management acquired a new stake in shares of Nebius Group in the fourth quarter worth $26,000. Finally, Root Financial Partners LLC acquired a new stake in shares of Nebius Group in the fourth quarter worth $26,000. Institutional investors and hedge funds own 21.90% of the company’s stock.

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.