Armistice Capital LLC Has $22.38 Million Stake in Nebius Group N.V. $NBIS

Armistice Capital LLC raised its stake in shares of Nebius Group N.V. (NASDAQ:NBIS) by 25.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 267,421 shares of the company’s stock after buying an additional 54,141 shares during the period. Armistice Capital LLC’s holdings in Nebius Group were worth $22,384,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Caisse de depot et placement du Quebec acquired a new position in Nebius Group during the 4th quarter valued at about $4,947,000. AQR Capital Management LLC boosted its stake in Nebius Group by 3.9% during the 4th quarter. AQR Capital Management LLC now owns 99,082 shares of the company’s stock valued at $8,294,000 after purchasing an additional 3,735 shares during the last quarter. JAT Capital Mgmt LP acquired a new position in Nebius Group during the 4th quarter valued at about $4,336,000. EFG International AG acquired a new position in Nebius Group during the 4th quarter valued at about $167,000. Finally, Cetera Investment Advisers boosted its stake in Nebius Group by 27.4% during the 4th quarter. Cetera Investment Advisers now owns 178,520 shares of the company’s stock valued at $14,943,000 after purchasing an additional 38,406 shares during the last quarter. Institutional investors and hedge funds own 21.90% of the company’s stock.

Nebius Group Price Performance

Shares of NASDAQ NBIS opened at $280.91 on Thursday. Nebius Group N.V. has a twelve month low of $43.89 and a twelve month high of $297.93. The stock’s 50 day moving average price is $193.98 and its 200-day moving average price is $131.60. The company has a market capitalization of $71.08 billion, a PE ratio of 90.62 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 (NASDAQ:NBIS) last announced its earnings results on Thursday, May 14th. The company reported ($0.23) earnings per share 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 firm had revenue of $399.00 million for the quarter, compared to the consensus estimate of $375.13 million. The business’s revenue was up 684.0% compared to the same quarter last year. On average, equities analysts anticipate that Nebius Group N.V. will post -1.91 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on NBIS shares. BWS Financial boosted their target price on Nebius Group from $130.00 to $200.00 and gave the stock a “buy” rating in a research note on Monday, March 16th. Freedom Capital downgraded Nebius Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Wall Street Zen upgraded Nebius Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 16th. DA Davidson downgraded Nebius Group from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $200.00 to $250.00 in a research note on Monday, May 18th. Finally, Wolfe Research started coverage on Nebius Group in a research note on Thursday, April 16th. They issued a “peer perform” rating on the stock. Nine equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, Nebius Group currently has an average rating of “Moderate Buy” and an average price target of $203.25.

Trending Headlines about Nebius Group

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

• Positive Sentiment: Nebius completed its acquisition of Eigen AI, adding the optimization stack to its AI inference platform and strengthening its full-stack AI cloud offering. Nebius Group (NBIS) Closes Eigen AI Deal And Opens Three New UK Data Centers
• Positive Sentiment: The company also announced three new UK data centers and a sizable local infrastructure investment, reinforcing growth expectations for its AI cloud business. Nebius Group (NBIS) Closes Eigen AI Deal And Opens Three New UK Data Centers
• Positive Sentiment: NBIS is set to join the Nasdaq-100 index on June 22, a development that can drive passive fund buying and increase trading interest. Why Is Nebius Stock Surging On Tuesday?
• Positive Sentiment: Traders also pointed to a bullish “Power Inflow” order-flow signal, which has added to short-term momentum in the shares. Nebius Shares Rise Over 5% After Key Trading Signal
• Neutral Sentiment: Analysts remain generally constructive, with brokerage coverage still centered on a “Moderate Buy” view, though some recent reports have trimmed ratings or simply held targets steady.

Insider Buying and Selling

In related news, CTO Danila Shtan sold 15,678 shares of Nebius Group stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $238.96, for a total value of $3,746,414.88. Following the sale, the chief technology officer owned 291,700 shares of the company’s stock, valued at approximately $69,704,632. The trade was a 5.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Boaz Tal sold 5,100 shares of Nebius Group stock in a transaction that occurred 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 completion of the sale, the general counsel directly owned 80,754 shares in the company, valued at $16,101,540.06. This trade represents a 5.94% 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 have sold a total of 700,710 shares of company stock worth $132,153,501 in the last three months.

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.