Van ECK Associates Corp Sells 9,974 Shares of Nebius Group N.V. $NBIS

Van ECK Associates Corp lowered its stake in shares of Nebius Group N.V. (NASDAQ:NBIS) by 39.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,630 shares of the company’s stock after selling 9,974 shares during the quarter. Van ECK Associates Corp’s holdings in Nebius Group were worth $4,317,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Confluence Investment Management LLC boosted its holdings in Nebius Group by 2.0% during the 2nd quarter. Confluence Investment Management LLC now owns 2,475 shares of the company’s stock worth $684,000 after acquiring an additional 48 shares during the last quarter. N.E.W. Advisory Services LLC raised its holdings in shares of Nebius Group by 76.0% in the second quarter. N.E.W. Advisory Services LLC now owns 176 shares of the company’s stock valued at $49,000 after purchasing an additional 76 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in shares of Nebius Group by 2.7% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,977 shares of the company’s stock valued at $309,000 after purchasing an additional 79 shares in the last quarter. Wealth Alliance LLC lifted its position in shares of Nebius Group by 1.6% during the first quarter. Wealth Alliance LLC now owns 5,008 shares of the company’s stock valued at $520,000 after purchasing an additional 80 shares in the last quarter. Finally, Aspen Grove Capital LLC boosted its holdings in Nebius Group by 3.7% during the first quarter. Aspen Grove Capital LLC now owns 2,522 shares of the company’s stock worth $262,000 after purchasing an additional 89 shares during the last quarter. 21.90% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Nebius Group

In other news, CTO Danila Shtan sold 16,937 shares of Nebius Group stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $235.45, for a total value of $3,987,816.65. Following the completion of the transaction, the chief technology officer owned 274,763 shares in the company, valued at $64,692,948.35. This trade represents a 5.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John Wilson Iv Boynton sold 5,812 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $253.29, for a total transaction of $1,472,121.48. Following the completion of the sale, the director directly owned 378,665 shares in the company, valued at approximately $95,912,057.85. This trade represents a 1.51% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 159,013 shares of company stock valued at $39,216,975.

Nebius Group News Roundup

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

• Positive Sentiment: Technical analysis cited by Barron’s suggests NBIS could find support near current levels and potentially gain nearly 50% by year-end if bullish chart patterns hold. This provides a near-term trading catalyst, though it is not based on fundamentals. Why Nebius Group Should Find a Floor at Current Levels
• Positive Sentiment: Nebius’s increase in its year-end contracted power target from more than 3 gigawatts to 5 gigawatts highlights faster capacity expansion and stronger demand for its AI-cloud services. Higher contract values per megawatt could improve the revenue potential of the build-out. How Nebius’s AI Data Center Power Surge Could Reshape Investors
• Positive Sentiment: NBIS was included in articles highlighting AI stocks to watch, keeping investor attention focused on the company’s exposure to the rapidly growing AI infrastructure market. Nebius Group and 2 Top AI Stocks to Watch
• Neutral Sentiment: Nebius plans to participate in upcoming investor conferences, giving management an opportunity to discuss customer agreements, capacity growth, pricing and financial targets. Nebius to Participate in Upcoming Investor Conferences
• Negative Sentiment: Bearish commentary argues that the economics may not justify Nebius’s valuation, particularly given its substantial planned capital spending, ongoing losses and reliance on long-term infrastructure commitments. Nebius: The Math Doesn’t Work
• Negative Sentiment: Articles warn that neocloud providers are taking on significant debt to fund data-center construction, raising circular-financing and balance-sheet risks. OpenAI CEO Sam Altman also cautioned about “unsustainable silliness” among new AI-cloud companies claiming massive future computing capacity, adding to concerns about oversupply and competition. Should CoreWeave and Nebius Group Investors Be Worried About Circular Financing? Sam Altman Sees Unsustainable Silliness in AI Compute Spending
• Negative Sentiment: CFO Sanchez Maria Del Dado Alonso sold 470 shares for approximately $92,120, reducing her direct holdings by 3.71%. The transaction is small relative to her remaining stake but may modestly affect sentiment. SEC Insider Transaction Filing

Nebius Group Stock Up 3.2%

Shares of NASDAQ NBIS opened at $210.63 on Friday. The company has a debt-to-equity ratio of 0.82, a current ratio of 4.03 and a quick ratio of 4.03. The stock has a market capitalization of $53.29 billion, a PE ratio of -7,018.66 and a beta of 4.23. Nebius Group N.V. has a one year low of $63.26 and a one year high of $299.86. The business’s fifty day moving average price is $212.86 and its 200-day moving average price is $181.46.

Nebius Group (NASDAQ:NBIS) last announced its quarterly earnings data on Thursday, August 13th. 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 company had revenue of $582.30 million during the quarter, compared to analyst estimates of $567.91 million. During the same quarter last year, the firm posted $2.38 EPS. The firm’s revenue for the quarter was up 454% on a year-over-year basis. On average, equities research analysts anticipate that Nebius Group N.V. will post -3.76 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Piper Sandler started coverage on shares of Nebius Group in a research report on Monday, August 3rd. They issued a “neutral” rating and a $224.00 price objective for the company. DA Davidson restated a “neutral” rating and issued a $175.00 target price on shares of Nebius Group in a research note on Thursday, August 13th. Bank of America upped their target price on Nebius Group from $240.00 to $280.00 and gave the company a “buy” rating in a report on Monday, June 8th. Citizens Jmp increased their price target on Nebius Group from $175.00 to $270.00 and gave the company a “market outperform” rating in a research report on Thursday, May 14th. Finally, BNP Paribas Exane assumed coverage on Nebius Group in a report on Tuesday, June 2nd. They set a “neutral” rating and a $255.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $226.00.

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.