Insider Selling: Nebius Group (NASDAQ:NBIS) CRO Sells $978,975.00 in Stock

Nebius Group N.V. (NASDAQ:NBIS) CRO Marc Boroditsky sold 4,500 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $217.55, for a total transaction of $978,975.00. Following the completion of the transaction, the executive owned 37,662 shares in the company, valued at approximately $8,193,368.10. This represents a 10.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Marc Boroditsky also recently made the following trade(s):

• On Wednesday, April 15th, Marc Boroditsky sold 4,500 shares of Nebius Group stock. The shares were sold at an average price of $160.10, for a total transaction of $720,450.00.

Nebius Group Price Performance

Shares of NASDAQ NBIS opened at $219.93 on Friday. The firm has a market cap of $55.65 billion, a P/E ratio of 70.95 and a beta of 4.03. Nebius Group N.V. has a twelve month low of $34.72 and a twelve month high of $233.73. The company has a quick ratio of 8.33, a current ratio of 8.33 and a debt-to-equity ratio of 1.16. The company has a 50 day moving average of $146.74 and a 200 day moving average of $113.14.

Nebius Group (NASDAQ:NBIS) last issued its earnings results on Thursday, May 14th. The company reported ($0.23) EPS for the quarter, beating the consensus estimate of ($0.77) by $0.54. The business had revenue of $399.00 million for the quarter, compared to the consensus estimate 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 quarterly revenue was up 684.0% on a year-over-year basis. As a group, research analysts expect that Nebius Group N.V. will post -2.33 EPS for the current fiscal year.

Hedge Funds Weigh In On Nebius Group

A number of institutional investors and hedge funds have recently made changes to their positions in NBIS. Sound Income Strategies LLC grew its position in shares of Nebius Group by 62.5% during the 1st quarter. Sound Income Strategies LLC now owns 260 shares of the company’s stock valued at $27,000 after acquiring an additional 100 shares during the period. Caldwell Trust Co bought a new position in Nebius Group in the 1st quarter worth $31,000. Parkside Financial Bank & Trust bought a new position in Nebius Group in the 4th quarter worth $25,000. SHP Wealth Management purchased a new position in Nebius Group during the fourth quarter valued at $26,000. Finally, Root Financial Partners LLC purchased a new position in Nebius Group during the fourth quarter valued at $26,000. Hedge funds and other institutional investors own 21.90% of the company’s stock.

Key Stories Impacting Nebius Group

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

• Positive Sentiment: Nebius announced a partnership with Bloom Energy to power its AI cloud with modular fuel cells, with the first 328 MW expected to go live this year, a meaningful step toward scaling data center capacity faster. Article Title
• Positive Sentiment: Investor commentary has turned more bullish after Nebius’ strong Q1 results, which showed revenue up 684% year over year and reinforced the company’s high-growth AI infrastructure story. Article Title
• Positive Sentiment: Analyst sentiment remains supportive, with Citi reportedly lifting its price target to a street-high level after the earnings beat and power-capacity upgrade. Article Title

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on NBIS shares. Citizens Jmp lifted their price objective on Nebius Group from $175.00 to $270.00 and gave the stock a “market outperform” rating in a report on Thursday, May 14th. DA Davidson downgraded shares of Nebius Group from a “buy” rating to a “neutral” rating and raised their price target for the company from $200.00 to $250.00 in a report on Monday. Bank of America lifted their price target on shares of Nebius Group from $175.00 to $205.00 and gave the stock a “buy” rating in a research note on Monday, May 11th. Weiss Ratings raised shares of Nebius Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday. Finally, BWS Financial increased their price objective on shares of Nebius Group from $130.00 to $200.00 and gave the company a “buy” rating in a research report on Monday, March 16th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $182.75.

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.