Sanchez Maria Del Dado Alonso Sells 1,509 Shares of Nebius Group (NASDAQ:NBIS) Stock

Nebius Group N.V. (NASDAQ:NBISGet Free Report) CFO Sanchez Maria Del Dado Alonso sold 1,509 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $276.20, for a total transaction of $416,785.80. Following the completion of the sale, the chief financial officer directly owned 12,672 shares of the company’s stock, valued at $3,500,006.40. This trade represents a 10.64% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Nebius Group Price Performance

Shares of Nebius Group stock opened at $259.67 on Friday. Nebius Group N.V. has a 52-week low of $41.40 and a 52-week high of $278.84. The stock has a market capitalization of $65.70 billion, a price-to-earnings ratio of 83.76 and a beta of 4.03. The company has a fifty day moving average of $170.22 and a 200-day moving average of $122.24. The company has a debt-to-equity ratio of 1.16, a quick ratio of 8.33 and a current ratio of 8.33.

Nebius Group (NASDAQ:NBISGet Free Report) last announced its quarterly earnings data on Thursday, May 14th. The company reported ($0.23) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.77) by $0.54. Nebius Group had a net margin of 95.27% and a negative return on equity of 9.11%. The company had revenue of $399.00 million during the quarter, compared to analysts’ expectations of $375.13 million. The business’s revenue for the quarter was up 684.0% compared to the same quarter last year. Equities research analysts expect that Nebius Group N.V. will post -1.92 EPS for the current year.

Institutional Investors Weigh In On Nebius Group

Several institutional investors and hedge funds have recently modified their holdings of the stock. Vestor Capital LLC lifted its position in shares of Nebius Group by 456.5% in the 1st quarter. Vestor Capital LLC now owns 51,066 shares of the company’s stock worth $5,299,000 after purchasing an additional 41,890 shares during the period. SOA Wealth Advisors LLC. lifted its position in shares of Nebius Group by 50.0% in the 1st quarter. SOA Wealth Advisors LLC. now owns 750 shares of the company’s stock worth $78,000 after purchasing an additional 250 shares during the period. Western Wealth Management LLC purchased a new stake in shares of Nebius Group in the 1st quarter worth about $293,000. Rovida Investment Management Ltd lifted its position in shares of Nebius Group by 3.6% in the 1st quarter. Rovida Investment Management Ltd now owns 1,893,647 shares of the company’s stock worth $196,333,000 after purchasing an additional 65,000 shares during the period. Finally, Silicon Valley Capital Partners lifted its position in shares of Nebius Group by 400.0% in the 1st quarter. Silicon Valley Capital Partners now owns 1,250 shares of the company’s stock worth $130,000 after purchasing an additional 1,000 shares during the period. 21.90% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Nebius Group

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Analysts Set New Price Targets

Several equities research analysts have weighed in on NBIS shares. Cantor Fitzgerald started coverage on shares of Nebius Group in a research report on Thursday, April 9th. They set an “overweight” rating and a $129.00 price target for the company. Freedom Capital cut shares of Nebius Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Citigroup increased their price target on shares of Nebius Group from $169.00 to $287.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Wall Street Zen raised shares of Nebius Group from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 16th. Finally, BNP Paribas Exane started coverage on shares of Nebius Group in a research report on Tuesday. They set a “neutral” rating and a $255.00 price target for the company. Nine equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $197.00.

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Nebius Group Company Profile

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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.

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