John Wilson Iv Boynton Sells 5,812 Shares of Nebius Group (NASDAQ:NBIS) Stock

Nebius Group N.V. (NASDAQ:NBIS) Director John Wilson Iv Boynton sold 5,812 shares of Nebius Group stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $253.29, for a total value of $1,472,121.48. Following the transaction, the director directly owned 378,665 shares in the company, valued at approximately $95,912,057.85. The trade was a 1.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Nebius Group Stock Up 1.9%

Shares of NASDAQ:NBIS opened at $265.10 on Wednesday. The stock has a market cap of $67.08 billion, a price-to-earnings ratio of 85.52 and a beta of 4.03. The company has a quick ratio of 8.33, a current ratio of 8.33 and a debt-to-equity ratio of 1.16. Nebius Group N.V. has a 12-month low of $43.89 and a 12-month high of $278.84. The business’s 50 day moving average is $190.62 and its 200 day moving average is $130.29.

Nebius Group (NASDAQ:NBIS) last issued its quarterly earnings results on Thursday, May 14th. The company reported ($0.23) EPS for the quarter, topping analysts’ consensus estimates of ($0.77) by $0.54. The business had revenue of $399.00 million for the quarter, compared to analyst estimates of $375.13 million. Nebius Group had a negative return on equity of 9.11% and a net margin of 95.27%.Nebius Group’s revenue for the quarter was up 684.0% compared to the same quarter last year. On average, sell-side analysts forecast that Nebius Group N.V. will post -1.91 earnings per share for the current fiscal year.

Institutional Trading of Nebius Group

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Parkside Financial Bank & Trust bought a new stake in shares of Nebius Group during the 4th quarter valued at $25,000. Root Financial Partners LLC purchased a new position in Nebius Group during the fourth quarter worth about $26,000. SHP Wealth Management purchased a new position in Nebius Group during the fourth quarter worth about $26,000. Sound Income Strategies LLC grew its position in Nebius Group by 62.5% during the first quarter. Sound Income Strategies LLC now owns 260 shares of the company’s stock worth $27,000 after buying an additional 100 shares in the last quarter. Finally, Blue Trust Inc. grew its position in Nebius Group by 73.8% during the fourth quarter. Blue Trust Inc. now owns 332 shares of the company’s stock worth $28,000 after buying an additional 141 shares in the last quarter. 21.90% of the stock is currently owned by institutional investors.

Key Headlines Impacting Nebius Group

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

• Positive Sentiment: Nebius closed its acquisition of Eigen AI, expanding its full-stack AI cloud platform and integrating Eigen’s optimization technology into Nebius Token Factory. Nebius Closes the $643 Million Eigen AI Deal
• Positive Sentiment: The company’s upcoming addition to the Nasdaq-100 is likely fueling index-fund and ETF buying ahead of the June 22 effective date. Why is Nebius stock rising today?
• Positive Sentiment: Analysts remain constructive overall, with recent price-target increases and a consensus “Moderate Buy” rating supporting the bullish narrative. Nebius Group N.V. (NBIS) a Moderate Buy, Per Wall Street
• Neutral Sentiment: A director sold 5,812 shares in a pre-arranged Rule 10b5-1 transaction; while worth noting, the sale appears routine and does not necessarily signal a change in outlook. Nebius Group Director John Wilson Iv Boynton Sells 5,812 Shares

Analyst Upgrades and Downgrades

A number of brokerages recently commented on NBIS. BWS Financial lifted their price target on Nebius Group from $130.00 to $200.00 and gave the stock a “buy” rating in a report on Monday, March 16th. Compass Point assumed coverage on Nebius Group in a report on Wednesday, February 18th. They set a “buy” rating and a $150.00 price target on the stock. DA Davidson lowered Nebius Group from a “buy” rating to a “neutral” rating and boosted their target price for the company from $200.00 to $250.00 in a research note on Monday, May 18th. Morgan Stanley boosted their target price on Nebius Group from $126.00 to $144.00 and gave the company an “equal weight” rating in a research note on Thursday, May 14th. Finally, Wall Street Zen upgraded Nebius Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 16th. Nine investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $203.25.

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.