WINTON GROUP Ltd Acquires Shares of 102,613 Nebius Group N.V. $NBIS

WINTON GROUP Ltd bought a new stake in shares of Nebius Group N.V. (NASDAQ:NBIS) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 102,613 shares of the company’s stock, valued at approximately $11,520,000.

Other large investors also recently modified their holdings of the company. Assetmark Inc. increased its position in shares of Nebius Group by 102.0% in the second quarter. Assetmark Inc. now owns 602 shares of the company’s stock worth $33,000 after purchasing an additional 304 shares during the period. NewEdge Advisors LLC bought a new stake in Nebius Group during the first quarter worth about $40,000. Western Pacific Wealth Management LP acquired a new stake in Nebius Group during the third quarter worth about $45,000. Grove Bank & Trust acquired a new stake in Nebius Group during the third quarter worth about $50,000. Finally, SOA Wealth Advisors LLC. increased its holdings in Nebius Group by 38.5% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 450 shares of the company’s stock valued at $51,000 after buying an additional 125 shares during the period. 21.90% of the stock is owned by institutional investors and hedge funds.

Nebius Group Trading Down 6.6%

Shares of Nebius Group stock opened at $89.33 on Monday. The firm’s 50 day moving average is $95.18 and its 200 day moving average is $97.22. The firm has a market capitalization of $22.49 billion, a PE ratio of -61.18 and a beta of 4.02. Nebius Group N.V. has a 1 year low of $18.31 and a 1 year high of $141.10. The company has a current ratio of 3.08, a quick ratio of 6.57 and a debt-to-equity ratio of 0.89.

Nebius Group (NASDAQ:NBIS) last issued its quarterly earnings data on Thursday, February 12th. The company reported ($0.69) EPS for the quarter, missing the consensus estimate of ($0.42) by ($0.27). Nebius Group had a net margin of 19.02% and a negative return on equity of 11.70%. The company had revenue of $227.70 million during the quarter, compared to the consensus estimate of $246.05 million. Equities research analysts forecast that Nebius Group N.V. will post -1.1 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on NBIS shares. Compass Point started coverage on shares of Nebius Group in a report on Wednesday, February 18th. They set a “buy” rating and a $150.00 price target for the company. DA Davidson restated a “buy” rating and set a $150.00 price objective on shares of Nebius Group in a research report on Wednesday, November 12th. Northland Securities upped their target price on Nebius Group from $206.00 to $211.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 12th. Morgan Stanley started coverage on Nebius Group in a report on Thursday, January 15th. They issued an “equal weight” rating and a $126.00 target price on the stock. Finally, Weiss Ratings lowered Nebius Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, January 15th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Nebius Group has a consensus rating of “Moderate Buy” and a consensus target price of $143.22.

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.