CIBC Asset Management Inc Takes Position in Nebius Group N.V. $NBIS

CIBC Asset Management Inc bought a new stake in Nebius Group N.V. (NASDAQ:NBIS) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 26,375 shares of the company’s stock, valued at approximately $2,208,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Harbor Advisors LLC raised its holdings in shares of Nebius Group by 0.4% in the third quarter. Harbor Advisors LLC now owns 27,600 shares of the company’s stock valued at $3,099,000 after purchasing an additional 100 shares during the last quarter. Calton & Associates Inc. raised its holdings in shares of Nebius Group by 2.7% in the fourth quarter. Calton & Associates Inc. now owns 4,774 shares of the company’s stock valued at $400,000 after purchasing an additional 124 shares during the last quarter. Keybank National Association OH raised its holdings in shares of Nebius Group by 5.7% in the fourth quarter. Keybank National Association OH now owns 2,584 shares of the company’s stock valued at $216,000 after purchasing an additional 140 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of Nebius Group by 73.8% in the fourth quarter. Blue Trust Inc. now owns 332 shares of the company’s stock valued at $28,000 after purchasing an additional 141 shares during the last quarter. Finally, WealthCare Investment Partners LLC raised its holdings in shares of Nebius Group by 6.2% in the fourth quarter. WealthCare Investment Partners LLC now owns 2,589 shares of the company’s stock valued at $233,000 after purchasing an additional 150 shares during the last quarter. Hedge funds and other institutional investors own 21.90% of the company’s stock.

Nebius Group Price Performance

NBIS opened at $227.81 on Monday. The firm has a market cap of $57.64 billion, a P/E ratio of 73.49 and a beta of 4.03. The firm has a 50-day moving average of $172.47 and a 200 day moving average of $123.24. The company has a debt-to-equity ratio of 1.16, a quick ratio of 8.33 and a current ratio of 8.33. Nebius Group N.V. has a fifty-two week low of $43.89 and a fifty-two week high of $278.84.

Nebius Group (NASDAQ:NBIS) last issued its earnings results on Thursday, May 14th. The company reported ($0.23) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.77) by $0.54. The firm had revenue of $399.00 million during the quarter, compared to analyst estimates of $375.13 million. Nebius Group had a net margin of 95.27% and a negative return on equity of 9.11%. The company’s quarterly revenue was up 684.0% compared to the same quarter last year. On average, research analysts expect that Nebius Group N.V. will post -1.91 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on NBIS. Morgan Stanley increased their target price on shares of Nebius Group from $126.00 to $144.00 and gave the company an “equal weight” rating in a report on Thursday, May 14th. Compass Point assumed coverage on shares of Nebius Group in a research report on Wednesday, February 18th. They set a “buy” rating and a $150.00 price target for the company. Wall Street Zen upgraded shares of Nebius Group from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 16th. Weiss Ratings upgraded shares of Nebius Group from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 20th. Finally, Freedom Capital lowered shares of Nebius Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Nine equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Nebius Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $197.00.

Insider Activity

In other Nebius Group news, insider Andrey Korolenko sold 500,000 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $203.24, for a total transaction of $101,620,000.00. Following the completion of the transaction, the insider owned 585,209 shares in the company, valued at $118,937,877.16. This trade represents a 46.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Arkadiy Volozh sold 33,358 shares of the stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $103.73, for a total transaction of $3,460,225.34. Following the transaction, the chief executive officer owned 868,289 shares of the company’s stock, valued at $90,067,617.97. This represents a 3.70% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 694,898 shares of company stock valued at $130,681,379.

More Nebius Group News

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

• Negative Sentiment: Nebius stock is being pressured by a hotter-than-expected U.S. jobs report, which reinforced concerns that interest rates may stay higher for longer and weighed on high-growth tech names. Article: Why Is Nebius Stock Falling On Friday?
• Negative Sentiment: Investor sentiment was also hurt by additional insider selling, including CTO Danila Shtan’s sale of 15,678 shares in a pre-arranged Rule 10b5-1 plan, following earlier CFO selling this week. Article: Danila Shtan insider transaction
• Neutral Sentiment: Recent commentary continues to highlight Nebius’ rapid AI cloud expansion, including acquisitions such as Tavily, Eigen AI and Clarifai, which could support longer-term growth but do not appear to be driving today’s move. Article: How Are Acquisitions Strengthening Nebius’ AI Cloud Platform?
• Neutral Sentiment: Analysts remain constructive overall on Nebius’ AI demand and revenue growth, with recent pieces emphasizing strong contract momentum and a still-bullish long-term outlook. Article: Why Nebius Needs An Offering For Every Customer Type

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.