Truist Financial Corp Acquires 4,914 Shares of Nebius Group N.V. $NBIS

Truist Financial Corp raised its holdings in Nebius Group N.V. (NASDAQ:NBIS) by 12.0% in the fourth quarter, Holdings Channel reports. The firm owned 45,844 shares of the company’s stock after purchasing an additional 4,914 shares during the period. Truist Financial Corp’s holdings in Nebius Group were worth $3,837,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Blue Trust Inc. grew its position in Nebius Group by 73.8% during the fourth quarter. Blue Trust Inc. now owns 332 shares of the company’s stock valued at $28,000 after buying an additional 141 shares during the period. Armstrong Advisory Group Inc. increased its stake in shares of Nebius Group by 500.0% during the 4th quarter. Armstrong Advisory Group Inc. now owns 360 shares of the company’s stock worth $30,000 after purchasing an additional 300 shares during the last quarter. NewEdge Advisors LLC bought a new stake in shares of Nebius Group in the 1st quarter worth approximately $40,000. Barrett & Company Inc. bought a new stake in shares of Nebius Group in the 4th quarter worth approximately $42,000. Finally, Sunbelt Securities Inc. purchased a new position in Nebius Group in the third quarter valued at approximately $54,000. 21.90% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Nebius Group

In other news, CTO Danila Shtan sold 13,489 shares of the firm’s stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $98.78, for a total value of $1,332,443.42. Following the transaction, the chief technology officer owned 307,378 shares in the company, valued at approximately $30,362,798.84. This trade represents a 4.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CRO Marc Boroditsky sold 4,500 shares of the business’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $160.10, for a total value of $720,450.00. Following the transaction, the executive owned 42,162 shares in the company, valued at approximately $6,750,136.20. This represents a 9.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 146,441 shares of company stock worth $17,672,342 over the last quarter.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on NBIS. Wolfe Research started coverage on Nebius Group in a report on Thursday, April 16th. They set a “peer perform” rating for the company. DA Davidson upped their price target on Nebius Group from $150.00 to $200.00 and gave the company a “buy” rating in a research report on Monday, March 16th. Weiss Ratings upgraded Nebius Group from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, April 27th. Bank of America lifted their price objective on Nebius Group from $175.00 to $205.00 and gave the stock a “buy” rating in a report on Monday. Finally, Cantor Fitzgerald assumed coverage on Nebius Group in a research note on Thursday, April 9th. They issued an “overweight” rating and a $129.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $159.33.

Nebius Group News Summary

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

• Positive Sentiment: Bank of America raised its price target on Nebius Group to $205 from $175 and reiterated a Buy rating, signaling continued analyst confidence in NBIS’s AI growth potential. Nebius Stock Is Jumping: What’s Behind the Surge?
• Positive Sentiment: Nebius has announced a $643 million acquisition of Eigen AI, plus multi-billion-dollar long-term contracts with Meta and Microsoft, which should strengthen demand visibility and expand its AI platform business. Nebius Group Recasts AI Future With Eigen AI Deal And Mega Partnerships
• Positive Sentiment: Nvidia’s investment push remains a tailwind for AI infrastructure names like NBIS, with Nvidia’s equity commitments topping $40 billion this year, reinforcing investor enthusiasm for the sector. Nvidia Expands AI Investment Push
• Neutral Sentiment: Several preview pieces ahead of NBIS’s Q1 earnings highlight strong AI cloud demand and rapid expansion, but also point to high valuation and heavy spending that could keep investors cautious. What Should Investors Do With Nebius Stock Ahead of Q1 Earnings?
• Neutral Sentiment: Short-interest data appears unreliable in the latest update, showing zero shares and a zero days-to-cover ratio, so it does not provide a clear trading signal for Nebius today.

Nebius Group Price Performance

Shares of NASDAQ:NBIS opened at $186.10 on Tuesday. The stock has a market cap of $46.86 billion, a P/E ratio of -127.47 and a beta of 4.03. Nebius Group N.V. has a 12 month low of $31.13 and a 12 month high of $197.89. The company has a 50 day moving average of $128.87 and a 200 day moving average of $108.30. The company has a current ratio of 3.08, a quick ratio of 3.08 and a debt-to-equity ratio of 0.89.

Nebius Group (NASDAQ:NBIS) last posted 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 company had revenue of $227.70 million during the quarter, compared to the consensus estimate of $246.05 million. Nebius Group had a negative return on equity of 11.71% and a net margin of 19.02%. As a group, sell-side analysts forecast that Nebius Group N.V. will post -2.44 EPS for the current fiscal 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.