Maytus Capital Management LLC Purchases Shares of 8,000 Nebius Group N.V. $NBIS

Maytus Capital Management LLC purchased a new stake in Nebius Group N.V. (NASDAQ:NBIS) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,000 shares of the company’s stock, valued at approximately $670,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Parkside Financial Bank & Trust acquired a new stake in shares of Nebius Group during the fourth quarter worth $25,000. Root Financial Partners LLC purchased a new position in shares of Nebius Group in the fourth quarter valued at $26,000. Blue Trust Inc. increased its position in shares of Nebius Group by 73.8% in the fourth quarter. Blue Trust Inc. now owns 332 shares of the company’s stock valued at $28,000 after buying an additional 141 shares in the last quarter. Armstrong Advisory Group Inc. increased its position in shares of Nebius Group by 500.0% in the fourth quarter. Armstrong Advisory Group Inc. now owns 360 shares of the company’s stock valued at $30,000 after buying an additional 300 shares in the last quarter. Finally, Sunbelt Securities Inc. purchased a new position in shares of Nebius Group in the third quarter valued at $54,000. 21.90% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Nebius Group

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

• Positive Sentiment: Nebius closed its acquisition of Eigen AI, a move that should strengthen its full-stack AI cloud offering and add model-optimization capabilities to Nebius Token Factory. Nebius completes acquisition of Eigen AI
• Positive Sentiment: The company’s upcoming addition to the Nasdaq-100 is likely creating passive-fund buying and extra trading volume ahead of the June 22 effective date. Nebius Stock Gets a Boost From Nasdaq-100 Inclusion. What to Know.
• Positive Sentiment: Recent commentary highlighted Nebius’ rapid growth momentum, with the stock up sharply over the past three months as investors remain focused on AI infrastructure expansion and revenue growth. Nebius Soars 124% in 3 Months: Should You Buy, Hold, or Fold?
• Neutral Sentiment: A director sold 5,812 shares in a pre-arranged 10b5-1 plan, which is worth noting but does not necessarily signal negative fundamentals. Nebius Group insider trades

Insider Buying and Selling at Nebius Group

In related news, General Counsel Boaz Tal sold 5,100 shares of the company’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $199.39, for a total transaction of $1,016,889.00. Following the transaction, the general counsel directly owned 80,754 shares of the company’s stock, valued at approximately $16,101,540.06. The trade was a 5.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Wilson Iv Boynton sold 5,812 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $253.29, for a total value of $1,472,121.48. Following the completion of 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 700,710 shares of company stock valued at $132,153,501 over the last 90 days.

Wall Street Analyst Weigh In

NBIS has been the topic of several analyst reports. Compass Point initiated 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. BNP Paribas Exane assumed coverage on Nebius Group in a report on Tuesday, June 2nd. They issued a “neutral” rating and a $255.00 price target for the company. Weiss Ratings upgraded Nebius Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 20th. Wolfe Research assumed coverage on Nebius Group in a report on Thursday, April 16th. They issued a “peer perform” rating for the company. Finally, DA Davidson cut Nebius Group from a “buy” rating to a “neutral” rating and lifted their price target for the company from $200.00 to $250.00 in a report on Monday, May 18th. Nine investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $203.25.

Nebius Group Price Performance

Shares of NBIS opened at $265.10 on Wednesday. The company has a market cap of $67.08 billion, a P/E ratio of 85.52 and a beta of 4.03. The stock has a fifty day moving average price of $190.62 and a 200 day moving average price of $130.29. The company has a debt-to-equity ratio of 1.16, a current ratio of 8.33 and a quick ratio of 8.33. Nebius Group N.V. has a 12 month low of $43.89 and a 12 month high of $278.84.

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

Nebius Group 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.