Tortoise Investment Management LLC Buys Shares of 1,915 Nebius Group N.V. $NBIS

Tortoise Investment Management LLC bought a new position in Nebius Group N.V. (NASDAQ:NBIS) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,915 shares of the company’s stock, valued at approximately $529,000.

Several other hedge funds also recently modified their holdings of the business. Allied Private Wealth LLC bought a new position in shares of Nebius Group during the 2nd quarter valued at $25,000. Sarver Vrooman Wealth Advisors bought a new stake in Nebius Group in the second quarter worth $28,000. GoalVest Advisory LLC bought a new stake in Nebius Group in the second quarter worth $28,000. N.E.W. Advisory Services LLC increased its position in Nebius Group by 76.0% during the second quarter. N.E.W. Advisory Services LLC now owns 176 shares of the company’s stock worth $49,000 after buying an additional 76 shares during the last quarter. Finally, Continuum Advisory LLC acquired a new position in Nebius Group during the second quarter worth $52,000. Institutional investors and hedge funds own 21.90% of the company’s stock.

Insider Transactions at Nebius Group

In other news, insider Andrey Korolenko sold 33,871 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $235.45, for a total transaction of $7,974,926.95. Following the completion of the transaction, the insider directly owned 551,338 shares in the company, valued at $129,812,532.10. The trade was a 5.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John Wilson Iv Boynton sold 5,812 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $253.29, for a total value of $1,472,121.48. Following the completion of the sale, the director directly owned 378,665 shares of the company’s stock, valued at $95,912,057.85. This represents a 1.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 136,310 shares of company stock worth $32,569,613.

Nebius Group News Summary

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

• Positive Sentiment: Nebius reported quarterly revenue of $582.3 million, up 454% year over year, and adjusted its loss substantially better than analysts expected. Analysts have highlighted a large customer backlog and “backlog-fueled” capacity expansion as evidence that demand remains strong. NBIS jumps premarket as strong Q2 fuels best weekly move since 2024
• Positive Sentiment: New AI-cloud contracts reportedly priced at roughly $20 million to $25 million per megawatt have strengthened the company’s pricing-power narrative. Nebius also raised contracted-power guidance to 5 gigawatts, potentially supporting substantial future revenue growth if it can execute the build-out. Nebius: Pricing Inflection Alters Narrative
• Positive Sentiment: Commentary points to an asset-light strategy, prepayments, partnerships and rising recurring, higher-margin revenue. These factors could improve cash-flow generation and reduce reliance on debt or equity financing as capacity expands. Will Nebius’ Asset-Light Model Drive Further Margin Expansion in 2027?
• Neutral Sentiment: Analyst price-target increases, including a target of $324, and reports that Nebius may bid for Decart AI are supporting investor interest, although neither guarantees additional earnings or a completed transaction. Nebius Group Price Target Raised to $324.00
• Negative Sentiment: Valuation remains the central concern. With a premium sales multiple and expectations for extremely rapid growth, any delay in data-center construction, weaker pricing or slower customer adoption could make the stock vulnerable to a pullback. High capital needs also create potential dilution and financing risk.
• Negative Sentiment: Michael Burry has criticized the economics of AI infrastructure and flagged Nebius’s contract pricing as a warning sign. Other analysts similarly caution that revenue growth may not be sufficient to justify the current valuation, creating the possibility of a “bull trap” if the shares cannot sustain momentum above the $280s. Nebius: Potential Bull Trap

Wall Street Analyst Weigh In

Several analysts have recently issued reports on NBIS shares. Citizens Jmp upped their price target on Nebius Group from $175.00 to $270.00 and gave the stock a “market outperform” rating in a research note on Thursday, May 14th. BNP Paribas Exane initiated coverage on Nebius Group in a research note on Tuesday, June 2nd. They issued a “neutral” rating and a $255.00 price objective on the stock. Citigroup boosted their target price on Nebius Group from $278.00 to $324.00 and gave the stock a “buy” rating in a report on Friday. Bank of America upped their target price on Nebius Group from $240.00 to $280.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. Finally, Weiss Ratings downgraded Nebius Group from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $226.00.

Nebius Group Trading Down 3.2%

Shares of NASDAQ:NBIS opened at $268.85 on Tuesday. The company has a market cap of $68.02 billion, a P/E ratio of -8,958.68 and a beta of 4.23. The stock’s 50-day moving average is $223.55 and its 200-day moving average is $169.88. Nebius Group N.V. has a 52-week low of $62.01 and a 52-week high of $299.86. The company has a debt-to-equity ratio of 0.82, a quick ratio of 4.03 and a current ratio of 4.03.

Nebius Group (NASDAQ:NBIS) last posted its quarterly earnings data on Wednesday, August 12th. The company reported ($0.12) earnings per share for the quarter, topping the consensus estimate of ($0.67) by $0.55. Nebius Group had a negative return on equity of 6.03% and a net margin of 4.55%.The business had revenue of $582.30 million during the quarter, compared to analysts’ expectations of $567.91 million. During the same quarter in the previous year, the firm earned $2.38 EPS. The firm’s revenue was up 454% compared to the same quarter last year. Equities research analysts predict that Nebius Group N.V. will post -3.91 earnings per share for the current year.

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.