Nebius Group (NASDAQ:NBIS) Director John Wilson Iv Boynton Sells 5,812 Shares

Nebius Group N.V. (NASDAQ:NBIS) Director John Wilson Iv Boynton sold 5,812 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $253.29, for a total transaction of $1,472,121.48. Following the completion of the transaction, the director directly owned 378,665 shares of the company’s stock, valued at approximately $95,912,057.85. This represents a 1.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Nebius Group Price Performance

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

Nebius Group (NASDAQ:NBIS) last released 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 net margin of 95.27% and a negative return on equity of 9.11%. The business had revenue of $399.00 million during the quarter, compared to analysts’ expectations of $375.13 million. The company’s quarterly revenue was up 684.0% on a year-over-year basis. On average, analysts predict that Nebius Group N.V. will post -1.91 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

NBIS has been the subject of a number of research reports. Bank of America boosted their price target on shares of Nebius Group from $240.00 to $280.00 and gave the stock a “buy” rating in a research note on Monday, June 8th. Wall Street Zen raised shares of Nebius Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 16th. Cantor Fitzgerald assumed coverage on shares of Nebius Group in a research note on Thursday, April 9th. They issued an “overweight” rating and a $129.00 price objective for the company. Freedom Capital cut shares of Nebius Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Finally, BWS Financial upped their price objective on shares of Nebius Group from $130.00 to $200.00 and gave the company a “buy” rating in a research note on Monday, March 16th. Nine research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Nebius Group has a consensus rating of “Moderate Buy” and a consensus price target of $203.25.

Institutional Investors Weigh In On Nebius Group

Institutional investors have recently made changes to their positions in the business. Parkside Financial Bank & Trust purchased a new stake in shares of Nebius Group in the 4th quarter valued at $25,000. Root Financial Partners LLC purchased a new stake in shares of Nebius Group in the 4th quarter valued at $26,000. SHP Wealth Management purchased a new stake in shares of Nebius Group in the 4th quarter valued at $26,000. Sound Income Strategies LLC boosted its position in Nebius Group by 62.5% during the 1st quarter. Sound Income Strategies LLC now owns 260 shares of the company’s stock valued at $27,000 after buying an additional 100 shares during the period. Finally, Blue Trust Inc. boosted its position in Nebius Group by 73.8% during the 4th quarter. Blue Trust Inc. now owns 332 shares of the company’s stock valued at $28,000 after buying an additional 141 shares during the period. Hedge funds and other institutional investors own 21.90% of the company’s stock.

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.