Vestcor Inc Invests $253,000 in Nebius Group N.V. $NBIS

Vestcor Inc bought a new position in Nebius Group N.V. (NASDAQ:NBIS) during the 4th quarter, Holdings Channel.com reports. The fund bought 3,027 shares of the company’s stock, valued at approximately $253,000.

Several other hedge funds have also recently modified their holdings of the stock. Orbis Allan Gray Ltd lifted its holdings in shares of Nebius Group by 12.4% in the second quarter. Orbis Allan Gray Ltd now owns 17,651,930 shares of the company’s stock worth $976,681,000 after buying an additional 1,949,708 shares in the last quarter. Fred Alger Management LLC lifted its holdings in shares of Nebius Group by 33.4% in the third quarter. Fred Alger Management LLC now owns 10,132,279 shares of the company’s stock worth $1,137,551,000 after buying an additional 2,536,832 shares in the last quarter. Jericho Capital Asset Management L.P. lifted its holdings in shares of Nebius Group by 55.7% in the third quarter. Jericho Capital Asset Management L.P. now owns 4,607,497 shares of the company’s stock worth $517,284,000 after buying an additional 1,648,497 shares in the last quarter. Accel Leaders 3 Associates L.P. purchased a new position in shares of Nebius Group in the fourth quarter worth $188,496,000. Finally, Rovida Investment Management Ltd lifted its holdings in shares of Nebius Group by 26.0% in the third quarter. Rovida Investment Management Ltd now owns 2,193,647 shares of the company’s stock worth $246,193,000 after buying an additional 453,000 shares in the last quarter. Hedge funds and other institutional investors own 21.90% of the company’s stock.

Insider Activity at Nebius Group

In other Nebius Group news, Director Elena Bunina sold 10,894 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $206.87, for a total transaction of $2,253,641.78. Following the transaction, the director directly owned 10,772 shares in the company, valued at $2,228,403.64. This trade represents a 50.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Danila Shtan sold 15,678 shares of the firm’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $238.96, for a total transaction of $3,746,414.88. Following the transaction, the chief technology officer directly owned 291,700 shares in the company, valued at $69,704,632. This trade represents a 5.10% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 694,898 shares of company stock worth $130,681,379 over the last three months.

Analyst Upgrades and Downgrades

Several research firms have recently commented on NBIS. Wolfe Research began coverage on shares of Nebius Group in a report on Thursday, April 16th. They issued a “peer perform” rating on the stock. Cantor Fitzgerald began coverage on shares of Nebius Group in a report on Thursday, April 9th. They issued an “overweight” rating and a $129.00 target price on the stock. Citizens Jmp boosted their target price on shares of Nebius Group from $175.00 to $270.00 and gave the stock a “market outperform” rating in a report on Thursday, May 14th. Compass Point assumed coverage on shares of Nebius Group in a research note on Wednesday, February 18th. They set a “buy” rating and a $150.00 price target on the stock. Finally, Bank of America upped their price target on shares of Nebius Group from $240.00 to $280.00 and gave the company a “buy” rating in a research note on Monday. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $203.25.

Nebius Group Trading Down 3.8%

Shares of NBIS opened at $211.69 on Thursday. Nebius Group N.V. has a twelve month low of $43.89 and a twelve month high of $278.84. The company has a market cap of $53.56 billion, a P/E ratio of 68.29 and a beta of 4.03. The company has a current ratio of 8.33, a quick ratio of 8.33 and a debt-to-equity ratio of 1.16. The company’s fifty day simple moving average is $179.49 and its 200-day simple moving average is $125.92.

Nebius Group (NASDAQ:NBIS) last announced its earnings results on Thursday, May 14th. The company reported ($0.23) earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $399.00 million for the quarter, compared to the consensus estimate of $375.13 million. The company’s quarterly revenue was up 684.0% on a year-over-year basis. As a group, analysts expect that Nebius Group N.V. will post -1.91 EPS for the current year.

Nebius Group News Roundup

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

• Positive Sentiment: Nebius launched a NVIDIA-backed Physical AI Living Lab aimed at robotics startups, highlighting deeper strategic ties to a key AI chip leader and lifting investor optimism. Nebius Shares Jump After NVIDIA-Backed AI Lab Launch
• Positive Sentiment: The company announced a £1.7 billion UK AI infrastructure expansion, adding NVIDIA-powered capacity and strengthening its long-term growth and revenue potential. Nebius Group’s £1.7 Billion UK Expansion Fuels Bullish Case Despite the Pullback
• Positive Sentiment: Bank of America Securities reportedly initiated/maintained a Buy rating, which supports the bullish case for NBIS shares. Nebius Group (NBIS) Receives a Buy from Bank of America Securities
• Neutral Sentiment: Commentary pieces highlighted Nebius as a fast-growing AI infrastructure company outpacing expectations, but these were largely reiterations of the company’s existing growth narrative. 2 Artificial Intelligence (AI) Infrastructure Stocks Outgrowing Nvidia
• Negative Sentiment: Some analysts remain cautious, with at least one downgrade noting valuation risk and the possibility that heavy spending, dilution, and future AI capex slowdowns could pressure the stock. Nebius: Please Don’t Push It Off The Cliff (Rating Downgrade)

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.