Nebius Group (NASDAQ:NBIS) General Counsel Sells $1,016,889.00 in Stock

Nebius Group N.V. (NASDAQ:NBISGet Free Report) General Counsel Boaz Tal sold 5,100 shares of the firm’s 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 sale, the general counsel 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 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 Performance

NASDAQ NBIS traded down $3.88 on Friday, hitting $216.06. 5,618,762 shares of the stock traded hands, compared to its average volume of 15,876,994. The company has a debt-to-equity ratio of 1.16, a quick ratio of 8.33 and a current ratio of 8.33. The business’s fifty day moving average is $146.74 and its two-hundred day moving average is $113.14. Nebius Group N.V. has a 12 month low of $34.72 and a 12 month high of $233.73. The firm has a market capitalization of $54.67 billion, a price-to-earnings ratio of 69.58 and a beta of 4.03.

Nebius Group (NASDAQ:NBISGet Free Report) last issued its earnings results on Thursday, May 14th. The company reported ($0.23) earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $375.13 million. The firm’s revenue was up 684.0% on a year-over-year basis. As a group, equities analysts anticipate that Nebius Group N.V. will post -2.33 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on NBIS. Freedom Capital lowered shares of Nebius Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Bank of America boosted their price target on shares of Nebius Group from $175.00 to $205.00 and gave the company a “buy” rating in a research report on Monday, May 11th. BWS Financial upped their price target on shares of Nebius Group from $130.00 to $200.00 and gave the company a “buy” rating in a research note on Monday, March 16th. Weiss Ratings raised shares of Nebius Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday. Finally, Wall Street Zen upgraded shares of Nebius Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 16th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $182.75.

Read Our Latest Stock Report on Nebius Group

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Sound Income Strategies LLC grew its holdings in 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 buying an additional 100 shares in the last quarter. Caldwell Trust Co purchased a new stake in shares of Nebius Group in the first quarter worth about $31,000. Parkside Financial Bank & Trust bought a new position in shares of Nebius Group in the fourth quarter valued at approximately $25,000. SHP Wealth Management bought a new position in shares of Nebius Group in the fourth quarter valued at approximately $26,000. Finally, Root Financial Partners LLC purchased a new position in Nebius Group during the fourth quarter valued at approximately $26,000. Institutional investors own 21.90% of the company’s stock.

Key Stories Impacting Nebius Group

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Nebius Group Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Nebius Group (NASDAQ:NBIS)

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