5,785 Shares in Nebius Group N.V. $NBIS Acquired by Capital Financial Group Inc. Co. ADV

Capital Financial Group Inc. Co. ADV bought a new position in Nebius Group N.V. (NASDAQ:NBIS) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 5,785 shares of the company’s stock, valued at approximately $484,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NBIS. Royal Bank of Canada acquired a new stake in Nebius Group in the 1st quarter worth approximately $1,628,000. Millennium Management LLC acquired a new stake in Nebius Group in the 1st quarter worth approximately $11,563,000. NewEdge Advisors LLC acquired a new stake in Nebius Group in the 1st quarter worth approximately $40,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in Nebius Group in the 1st quarter worth approximately $9,084,000. Finally, Daiwa Securities Group Inc. acquired a new stake in Nebius Group in the 2nd quarter worth approximately $68,000. 21.90% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Nebius Group

In other Nebius Group news, CRO Marc Boroditsky sold 10,776 shares of the business’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $276.20, for a total value of $2,976,331.20. Following the transaction, the executive owned 26,886 shares of the company’s stock, valued at approximately $7,425,913.20. The trade was a 28.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Sanchez Maria Del Dado Alonso sold 1,509 shares of the business’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $276.20, for a total value of $416,785.80. Following the completion of the transaction, the chief financial officer directly owned 12,672 shares in the company, valued at approximately $3,500,006.40. This represents a 10.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 700,710 shares of company stock valued at $132,153,501.

Nebius Group Stock Performance

NBIS opened at $260.07 on Tuesday. The stock has a market cap of $65.80 billion, a PE ratio of 83.89 and a beta of 4.03. The company has a current ratio of 8.33, a quick ratio of 8.33 and a debt-to-equity ratio of 1.16. Nebius Group N.V. has a 1 year low of $43.89 and a 1 year high of $278.84. The stock’s 50 day simple moving average is $187.49 and its 200-day simple moving average is $129.09.

Nebius Group (NASDAQ:NBIS) last released its quarterly earnings data on Thursday, May 14th. The company reported ($0.23) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.77) by $0.54. The business had revenue of $399.00 million for the quarter, compared to analysts’ expectations of $375.13 million. Nebius Group had a negative return on equity of 9.11% and a net margin of 95.27%.The firm’s quarterly revenue was up 684.0% on a year-over-year basis. Sell-side analysts forecast that Nebius Group N.V. will post -1.91 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on NBIS. Bank of America boosted their target price on Nebius Group from $240.00 to $280.00 and gave the stock a “buy” rating in a report on Monday, June 8th. Weiss Ratings upgraded Nebius Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 20th. DA Davidson lowered Nebius Group from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $200.00 to $250.00 in a report on Monday, May 18th. BNP Paribas Exane initiated coverage on Nebius Group in a research report on Tuesday, June 2nd. They issued a “neutral” rating and a $255.00 price target on the stock. Finally, Wolfe Research initiated coverage on Nebius Group in a research report on Thursday, April 16th. They issued a “peer perform” rating on the stock. Nine analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $203.25.

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.