Gordian Capital Singapore Pte Ltd Reduces Holdings in Nebius Group N.V. $NBIS

Gordian Capital Singapore Pte Ltd lowered its stake in Nebius Group N.V. (NASDAQ:NBIS) by 94.0% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,180 shares of the company’s stock after selling 18,420 shares during the quarter. Gordian Capital Singapore Pte Ltd’s holdings in Nebius Group were worth $132,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Assetmark Inc. raised its holdings 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 acquiring an additional 304 shares during the last quarter. NewEdge Advisors LLC acquired a new position in Nebius Group in the 1st quarter valued at about $40,000. Western Pacific Wealth Management LP acquired a new position in Nebius Group in the 3rd quarter valued at about $45,000. Grove Bank & Trust purchased a new position in Nebius Group in the 3rd quarter valued at about $50,000. Finally, SOA Wealth Advisors LLC. boosted its stake in shares of Nebius Group by 38.5% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 450 shares of the company’s stock worth $51,000 after purchasing an additional 125 shares during the last quarter. Institutional investors and hedge funds own 21.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on NBIS shares. Citizens Jmp initiated coverage on shares of Nebius Group in a research report on Wednesday, November 19th. They set a “market outperform” rating and a $175.00 target price on the stock. CICC Research initiated coverage on Nebius Group in a research report on Tuesday, November 11th. They issued an “outperform” rating and a $143.00 price objective for the company. Northland Securities upped their price objective on shares of Nebius Group from $206.00 to $211.00 and gave the company an “outperform” rating in a research note on Wednesday, November 12th. Wall Street Zen downgraded shares of Nebius Group from a “hold” rating to a “sell” rating in a report on Saturday, November 15th. Finally, Compass Point started coverage on Nebius Group in a report on Wednesday, February 18th. They set a “buy” rating and a $150.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $143.22.

Nebius Group Trading Up 1.6%

Shares of NBIS stock opened at $96.43 on Wednesday. The company has a quick ratio of 6.57, a current ratio of 3.08 and a debt-to-equity ratio of 0.89. Nebius Group N.V. has a fifty-two week low of $18.31 and a fifty-two week high of $141.10. The firm’s 50 day moving average price is $95.58 and its two-hundred day moving average price is $97.62. The stock has a market cap of $24.28 billion, a price-to-earnings ratio of -66.05 and a beta of 4.02.

Nebius Group (NASDAQ:NBIS) last issued its earnings results on Thursday, February 12th. The company reported ($0.69) EPS for the quarter, missing analysts’ consensus estimates of ($0.42) by ($0.27). The business had revenue of $227.70 million during the quarter, compared to analysts’ expectations of $246.05 million. Nebius Group had a net margin of 19.02% and a negative return on equity of 11.70%. On average, analysts anticipate that Nebius Group N.V. will post -1.1 EPS for the current 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.