Sumitomo Mitsui DS Asset Management Company Ltd Purchases New Position in Nebius Group N.V. $NBIS

Sumitomo Mitsui DS Asset Management Company Ltd purchased a new stake in shares of Nebius Group N.V. (NASDAQ:NBIS) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 21,261 shares of the company’s stock, valued at approximately $1,780,000.

A number of other institutional investors also recently modified their holdings of NBIS. Royal Bank of Canada bought a new stake in Nebius Group during the 1st quarter worth approximately $1,628,000. Millennium Management LLC bought a new stake in Nebius Group during the 1st quarter worth approximately $11,563,000. NewEdge Advisors LLC bought a new stake in Nebius Group during the 1st quarter worth approximately $40,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in Nebius Group during the 1st quarter worth approximately $9,084,000. Finally, Daiwa Securities Group Inc. bought a new stake in Nebius Group during the 2nd quarter worth approximately $68,000. 21.90% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

NBIS has been the topic of a number of analyst reports. Morgan Stanley initiated coverage on shares of Nebius Group in a report on Thursday, January 15th. They set an “equal weight” rating and a $126.00 target price on the stock. Compass Point initiated coverage on shares of Nebius Group in a report on Wednesday, February 18th. They set a “buy” rating and a $150.00 target price on the stock. Bank of America initiated coverage on shares of Nebius Group in a report on Tuesday, March 24th. They set a “buy” rating and a $150.00 target price on the stock. Wall Street Zen lowered shares of Nebius Group from a “sell” rating to a “strong sell” rating in a report on Saturday, April 11th. Finally, Cantor Fitzgerald initiated coverage on shares of Nebius Group in a report on Thursday, April 9th. They set an “overweight” rating and a $129.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $154.75.

Nebius Group Price Performance

NBIS stock opened at $177.08 on Friday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 3.08 and a current ratio of 3.08. Nebius Group N.V. has a 52 week low of $27.20 and a 52 week high of $197.89. The firm’s fifty day moving average is $125.83 and its 200 day moving average is $107.25. The firm has a market cap of $44.59 billion, a P/E ratio of -121.28 and a beta of 4.03.

Nebius Group (NASDAQ:NBIS) last released its earnings results 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 11.71%. The business had revenue of $227.70 million for the quarter, compared to the consensus estimate of $246.05 million. Research analysts predict that Nebius Group N.V. will post -2.44 earnings per share for the current year.

Trending Headlines about Nebius Group

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

• Positive Sentiment: Recent articles highlighted Nebius as a top AI infrastructure winner, driven by its partnership with Nvidia, a growing backlog, and expectations for monster revenue growth this year. Nvidia’s $2.2 Billion Investment in This Rapidly Growing AI Company Is Working Out Great
• Positive Sentiment: Market commentary also said Nebius has become a serious contender in AI inference and continues to benefit from a large order book, which has helped keep sentiment strong. Nebius just became a serious contender in AI inference. It’s a strong buy even at all-time highs.
• Neutral Sentiment: Multiple writeups noted that Nebius has already surged significantly this year, reinforcing that momentum remains powerful but also that expectations are high. This Stock Has Soared 110% This Year, and It’s Just Getting Started
• Negative Sentiment: Director Elena Bunina disclosed a sale of 10,819 shares under a pre-arranged trading plan, which can still pressure sentiment when a stock is near all-time highs. Elena Bunina Sells 10,819 Shares of Nebius Group (NASDAQ:NBIS) Stock
• Negative Sentiment: One recent market note warned the stock looks frothy ahead of Nebius’ May 13 earnings report, raising the risk of a “sell-the-news” reaction if results do not exceed lofty expectations. MarketBeat Week in Review – 05/04 – 05/08

Insider Buying and Selling at Nebius Group

In other Nebius Group news, CRO Marc Boroditsky sold 4,500 shares of the stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $160.10, for a total transaction of $720,450.00. Following the completion of the sale, the executive owned 42,162 shares of the company’s stock, valued at $6,750,136.20. This represents a 9.64% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Arkadiy Volozh sold 33,358 shares of the stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $103.73, for a total transaction of $3,460,225.34. Following the sale, the chief executive officer directly owned 868,289 shares of the company’s stock, valued at $90,067,617.97. The trade was a 3.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 146,441 shares of company stock worth $17,672,342 over the last ninety days.

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.