Pinnacle Associates Ltd. Sells 66,476 Shares of Nebius Group N.V. $NBIS

Pinnacle Associates Ltd. lowered its position in Nebius Group N.V. (NASDAQ:NBIS) by 34.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 125,633 shares of the company’s stock after selling 66,476 shares during the quarter. Pinnacle Associates Ltd.’s holdings in Nebius Group were worth $10,516,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Bank Julius Baer & Co. Ltd Zurich lifted its position in Nebius Group by 31.2% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 105,534 shares of the company’s stock valued at $8,834,000 after acquiring an additional 25,072 shares during the last quarter. Allworth Financial LP boosted its stake in Nebius Group by 13.9% in the fourth quarter. Allworth Financial LP now owns 4,686 shares of the company’s stock valued at $392,000 after acquiring an additional 571 shares in the last quarter. Hartford Investment Management Co. purchased a new position in Nebius Group in the fourth quarter worth $214,000. Colonial River Investments LLC increased its position in shares of Nebius Group by 41.6% during the fourth quarter. Colonial River Investments LLC now owns 27,016 shares of the company’s stock worth $2,261,000 after purchasing an additional 7,938 shares in the last quarter. Finally, Strengthening Families & Communities LLC purchased a new stake in shares of Nebius Group during the 4th quarter valued at $191,000. Institutional investors own 21.90% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on NBIS shares. Compass Point started coverage on Nebius Group in a research note on Wednesday, February 18th. They set a “buy” rating and a $150.00 target price on the stock. Weiss Ratings raised Nebius Group from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, April 27th. Citizens Jmp boosted their price target on Nebius Group from $175.00 to $270.00 and gave the stock a “market outperform” rating in a research note on Thursday. Morgan Stanley upped their price objective on shares of Nebius Group from $126.00 to $144.00 and gave the company an “equal weight” rating in a report on Thursday. Finally, Cantor Fitzgerald began coverage on shares of Nebius Group in a research report on Thursday, April 9th. They issued an “overweight” rating and a $129.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Nebius Group currently has an average rating of “Moderate Buy” and a consensus price target of $172.92.

Key Headlines Impacting Nebius Group

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

• Positive Sentiment: Nebius reported first-quarter revenue of $399 million, up 684% year over year, while adjusted EBITDA turned positive and EPS beat expectations by a wide margin, reinforcing the idea that demand for its AI cloud services is accelerating. Nebius reports first quarter 2026 financial results
• Positive Sentiment: Wall Street sentiment improved after earnings, with multiple firms lifting price targets, including Citizens JMP to $270 and DA Davidson to $250, which signals confidence in Nebius’ AI growth runway. Nebius Group Analysts Increase Their Forecasts Following Q1 Earnings
• Positive Sentiment: Nebius also announced it has begun construction on its first gigawatt-scale AI factory campus in Independence, Missouri, and secured up to 1.2 GW of power and land for a new owned AI factory in Pennsylvania, expanding its infrastructure footprint in a way investors view as a long-term growth catalyst. Nebius Group (NBIS) Begins Construction On Missouri AI Factory
• Neutral Sentiment: Commentary comparing Nebius with CoreWeave and broader coverage of the stock’s move reflects heightened investor attention around AI datacenter names, but does not add new company-specific fundamentals by itself. Better Datacenter Stock: CoreWeave (CRWV) or Nebius (NBIS)?
• Neutral Sentiment: One analyst, Morgan Stanley, raised its target to $144 but kept an equal-weight rating, showing some caution despite the strong operating momentum. Morgan Stanley target raise on Nebius

Insider Activity

In related news, CEO Arkadiy Volozh sold 33,358 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $103.73, for a total value of $3,460,225.34. Following the sale, the chief executive officer owned 868,289 shares in the company, valued at $90,067,617.97. This represents a 3.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CRO Marc Boroditsky sold 4,500 shares of the stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $160.10, for a total transaction of $720,450.00. Following the completion of the transaction, the executive owned 42,162 shares in the company, valued at approximately $6,750,136.20. This trade represents a 9.64% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 146,441 shares of company stock valued at $17,672,342.

Nebius Group Stock Performance

Shares of NBIS stock opened at $221.15 on Friday. The business has a fifty day moving average of $135.64 and a 200 day moving average of $110.31. Nebius Group N.V. has a 1 year low of $34.72 and a 1 year high of $233.73. The company has a debt-to-equity ratio of 0.89, a current ratio of 3.08 and a quick ratio of 3.08. The firm has a market capitalization of $55.95 billion, a price-to-earnings ratio of 71.34 and a beta of 4.03.

Nebius Group (NASDAQ:NBIS) last posted its quarterly earnings results on Wednesday, May 13th. The company reported ($0.23) earnings per share for the quarter, beating the consensus estimate of ($0.77) by $0.54. The business had revenue of $399.00 million for the quarter, compared to the consensus estimate of $375.13 million. Nebius Group had a negative return on equity of 10.59% and a net margin of 95.27%.The business’s revenue was up 684.0% on a year-over-year basis. As a group, research analysts expect that Nebius Group N.V. will post -2.44 earnings per share for the current year.

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.