Corient Private Wealth LLC Boosts Stake in Nebius Group N.V. $NBIS

Corient Private Wealth LLC increased its stake in Nebius Group N.V. (NASDAQ:NBIS) by 162.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,082 shares of the company’s stock after purchasing an additional 4,384 shares during the quarter. Corient Private Wealth LLC’s holdings in Nebius Group were worth $593,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Orbis Allan Gray Ltd grew its holdings in Nebius Group by 12.4% during the second quarter. Orbis Allan Gray Ltd now owns 17,651,930 shares of the company’s stock valued at $976,681,000 after purchasing an additional 1,949,708 shares during the period. Fred Alger Management LLC lifted its position in shares of Nebius Group by 33.4% during the 3rd quarter. Fred Alger Management LLC now owns 10,132,279 shares of the company’s stock valued at $1,137,551,000 after buying an additional 2,536,832 shares in the last quarter. Jericho Capital Asset Management L.P. lifted its position in shares of Nebius Group by 55.7% during the 3rd quarter. Jericho Capital Asset Management L.P. now owns 4,607,497 shares of the company’s stock valued at $517,284,000 after buying an additional 1,648,497 shares in the last quarter. Morgan Stanley grew its stake in shares of Nebius Group by 35.2% during the 4th quarter. Morgan Stanley now owns 3,704,659 shares of the company’s stock valued at $310,099,000 after acquiring an additional 964,984 shares during the period. Finally, Clear Street Group Inc. grew its stake in shares of Nebius Group by 95.0% during the 4th quarter. Clear Street Group Inc. now owns 3,511,656 shares of the company’s stock valued at $293,943,000 after acquiring an additional 1,710,924 shares during the period. 21.90% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently issued reports on NBIS. Citigroup increased their target price on shares of Nebius Group from $169.00 to $287.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Morgan Stanley upped their price target on shares of Nebius Group from $126.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 14th. Citizens Jmp increased their price objective on shares of Nebius Group from $175.00 to $270.00 and gave the stock a “market outperform” rating in a research note on Thursday, May 14th. Bank of America raised their price objective on shares of Nebius Group from $240.00 to $280.00 and gave the company a “buy” rating in a research report on Monday, June 8th. Finally, 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. Nine investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $203.25.

Key Stories Impacting Nebius Group

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

• Negative Sentiment: Meta’s cloud infrastructure ambitions sparked a selloff in Nebius and other AI cloud stocks, as investors worried a well-funded competitor could pressure future demand and pricing. Nebius (NBIS) Stock Plunges 17% on Meta’s Cloud Infrastructure Ambitions
• Negative Sentiment: BNP Paribas issued a fresh cautious note on Nebius and CoreWeave, adding to the pressure on AI cloud names and reinforcing fears that the sector’s valuations have gotten ahead of fundamentals. BNP Paribas Sends Fresh Message on CoreWeave and Nebius Stocks
• Neutral Sentiment: Coverage around Nebius this week focused on the tension between its strong revenue growth and its expensive valuation, suggesting the stock may stay volatile as investors debate whether the growth can justify the price. AI Fears Hit Nebius Stock, But Has the Growth Thesis Changed?
• Neutral Sentiment: Nebius also highlighted its AI Discovery Awards for healthcare and life sciences startups, a sign of continued product and ecosystem investment, but the announcement appears unlikely to offset the broader valuation and competition concerns. Nebius celebrates healthcare and life sciences innovators at expanded AI Discovery Awards

Nebius Group Stock Performance

NASDAQ:NBIS opened at $215.62 on Friday. The stock has a 50-day moving average price of $219.69 and a 200 day moving average price of $144.83. The stock has a market capitalization of $54.56 billion, a P/E ratio of 69.56 and a beta of 4.10. Nebius Group N.V. has a 12-month low of $43.89 and a 12-month high of $299.86. 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 (NASDAQ:NBIS) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($0.23) EPS for the quarter, topping analysts’ consensus estimates of ($0.77) by $0.54. Nebius Group had a negative return on equity of 9.11% and a net margin of 95.27%.The company had revenue of $399.00 million for the quarter, compared to analysts’ expectations of $375.13 million. Nebius Group’s quarterly revenue was up 684.0% on a year-over-year basis. Equities research analysts forecast that Nebius Group N.V. will post -1.91 EPS for the current fiscal year.

Insider Activity

In related news, CTO Danila Shtan sold 15,678 shares of the company’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $238.96, for a total transaction of $3,746,414.88. Following the completion of the transaction, the chief technology officer owned 291,700 shares in the company, valued at approximately $69,704,632. This represents a 5.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Sanchez Maria Del Dado Alonso sold 1,509 shares of the firm’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 $3,500,006.40. The trade was a 10.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 626,887 shares of company stock valued at $124,696,143.

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.