Apollon Wealth Management LLC Has $837,000 Stock Position in Nebius Group N.V. $NBIS

Apollon Wealth Management LLC boosted its holdings in shares of Nebius Group N.V. (NASDAQ:NBIS) by 77.4% in the 1st quarter, Holdings Channel reports. The firm owned 8,070 shares of the company’s stock after buying an additional 3,522 shares during the period. Apollon Wealth Management LLC’s holdings in Nebius Group were worth $837,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Nebius Group by 34,371.3% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 93,762 shares of the company’s stock worth $7,848,000 after buying an additional 93,490 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. bought a new position in Nebius Group in the fourth quarter valued at about $24,756,000. Nordea Investment Management AB bought a new position in Nebius Group in the fourth quarter valued at about $1,401,000. Geode Capital Management LLC grew its position in Nebius Group by 1,095.7% in the fourth quarter. Geode Capital Management LLC now owns 2,046,799 shares of the company’s stock valued at $169,840,000 after acquiring an additional 1,875,612 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D acquired a new position in Nebius Group during the fourth quarter worth about $8,111,000. Institutional investors and hedge funds own 21.90% of the company’s stock.

Nebius Group Price Performance

NBIS stock opened at $215.62 on Friday. The company has a market capitalization of $54.56 billion, a P/E ratio of 69.56 and a beta of 4.10. The company has a fifty day moving average price of $219.69 and a 200-day moving average price of $144.83. 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 52-week low of $43.89 and a 52-week high of $299.86.

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

Insider Buying and Selling

In other Nebius Group news, insider Andrey Korolenko sold 500,000 shares of the company’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $203.24, for a total value of $101,620,000.00. Following the sale, the insider owned 585,209 shares in the company, valued at approximately $118,937,877.16. The trade was a 46.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Elena Bunina sold 10,894 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $206.87, for a total value of $2,253,641.78. Following the completion of the sale, the director directly owned 10,772 shares of the company’s stock, valued at approximately $2,228,403.64. The trade was a 50.28% 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. Insiders sold a total of 626,887 shares of company stock valued at $124,696,143 over the last 90 days.

Nebius Group News Summary

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

Wall Street Analysts Forecast Growth

NBIS has been the subject of a number of research reports. Wolfe Research started coverage on shares of Nebius Group in a report on Thursday, April 16th. They issued a “peer perform” rating for the company. Morgan Stanley upped their price objective 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. 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. Citigroup increased their price objective on shares of Nebius Group from $169.00 to $287.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Finally, BWS Financial raised their target price on shares of Nebius Group from $130.00 to $200.00 and gave the company a “buy” rating in a research report on Monday, March 16th. Nine investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus 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.