Baer Investment Advisory LLC Buys New Position in Nebius Group N.V. $NBIS

Baer Investment Advisory LLC bought a new stake in Nebius Group N.V. (NASDAQ:NBIS) during the first quarter, HoldingsChannel.com reports. The fund bought 2,556 shares of the company’s stock, valued at approximately $265,000.

Several other hedge funds also recently modified their holdings of the company. Royal Bank of Canada purchased a new stake in shares of Nebius Group during the first quarter worth about $1,628,000. Millennium Management LLC acquired a new stake in Nebius Group during the first quarter worth approximately $11,563,000. NewEdge Advisors LLC purchased 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 position in Nebius Group in the 1st quarter valued at $9,084,000. Finally, Daiwa Securities Group Inc. acquired a new position in Nebius Group in the 2nd quarter valued at $68,000. 21.90% of the stock is owned by institutional investors and hedge funds.

More Nebius Group News

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 Price Performance

NBIS stock opened at $215.62 on Monday. The company has a market cap of $54.56 billion, a PE ratio of 69.56 and a beta of 4.10. The company has a current ratio of 8.33, a quick ratio of 8.33 and a debt-to-equity ratio of 1.16. The stock has a 50-day moving average price of $219.69 and a two-hundred day moving average price of $145.28. Nebius Group N.V. has a 12-month low of $43.89 and a 12-month high of $299.86.

Nebius Group (NASDAQ:NBIS) last released its quarterly earnings data 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 the consensus estimate of $375.13 million. Nebius Group’s revenue for the quarter was up 684.0% on a year-over-year basis. As a group, research analysts predict that Nebius Group N.V. will post -1.91 EPS for the current year.

Insider Transactions at Nebius Group

In related news, insider Andrey Korolenko sold 500,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $203.24, for a total value of $101,620,000.00. Following the transaction, the insider owned 585,209 shares in the company, valued at approximately $118,937,877.16. This trade represents a 46.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Elena Bunina sold 10,894 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $206.87, for a total transaction of $2,253,641.78. Following the sale, the director owned 10,772 shares of the company’s stock, valued at approximately $2,228,403.64. This represents a 50.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 595,530 shares of company stock valued at $121,209,244 in the last three months.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on NBIS shares. Citizens Jmp raised their price objective on Nebius Group from $175.00 to $270.00 and gave the stock a “market outperform” rating in a report on Thursday, May 14th. BWS Financial increased their target price on Nebius Group from $130.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, March 16th. BNP Paribas Exane began coverage on Nebius Group in a research note on Tuesday, June 2nd. They issued a “neutral” rating and a $255.00 price target on the stock. 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. Finally, DA Davidson downgraded shares of Nebius Group from a “buy” rating to a “neutral” rating and boosted their target price for the company from $200.00 to $250.00 in a report on Monday, May 18th. Nine investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $203.25.

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.