Nebius Group (NASDAQ:NBIS) CFO Sanchez Maria Del Dado Alonso Sells 1,509 Shares of Stock

Nebius Group N.V. (NASDAQ:NBIS) CFO Sanchez Maria Del Dado Alonso sold 1,509 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $276.20, for a total transaction of $416,785.80. Following the transaction, the chief financial officer directly owned 12,672 shares of the company’s stock, valued at approximately $3,500,006.40. This trade represents a 10.64% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Nebius Group Stock Performance

Shares of NASDAQ NBIS opened at $251.68 on Thursday. 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 stock has a 50 day simple moving average of $167.32 and a 200-day simple moving average of $121.00. The company has a market cap of $63.68 billion, a PE ratio of 81.19 and a beta of 4.03. Nebius Group N.V. has a 12-month low of $37.12 and a 12-month high of $278.84.

Nebius Group (NASDAQ:NBIS) last issued its quarterly earnings data on Thursday, May 14th. The company reported ($0.23) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.77) by $0.54. The business had revenue of $399.00 million during 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. On average, equities research analysts forecast that Nebius Group N.V. will post -1.92 EPS for the current year.

Institutional Investors Weigh In On Nebius Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust bought a new stake in Nebius Group in the fourth quarter worth about $25,000. Root Financial Partners LLC bought a new stake in Nebius Group in the fourth quarter worth about $26,000. SHP Wealth Management bought a new stake in Nebius Group in the fourth quarter worth about $26,000. Sound Income Strategies LLC raised its position in Nebius Group by 62.5% in the first quarter. Sound Income Strategies LLC now owns 260 shares of the company’s stock worth $27,000 after acquiring an additional 100 shares in the last quarter. Finally, Blue Trust Inc. raised its position in Nebius Group by 73.8% in the fourth quarter. Blue Trust Inc. now owns 332 shares of the company’s stock worth $28,000 after acquiring an additional 141 shares in the last quarter. Institutional investors own 21.90% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on NBIS. Freedom Capital downgraded Nebius Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Weiss Ratings upgraded shares of Nebius Group from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 20th. Morgan Stanley lifted their price objective on shares of Nebius Group from $126.00 to $144.00 and gave the company an “equal weight” rating in a research note on Thursday, May 14th. Citigroup lifted their price objective on shares of Nebius Group from $169.00 to $287.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Finally, BWS Financial lifted their price objective 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. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $188.31.

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.