Saxon Interests Inc. Invests $299,000 in Nebius Group N.V. $NBIS

Saxon Interests Inc. purchased a new stake in Nebius Group N.V. (NASDAQ:NBIS) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,879 shares of the company’s stock, valued at approximately $299,000.

Other hedge funds have also added to or reduced their stakes in the company. Parkside Financial Bank & Trust acquired a new position in Nebius Group in the fourth quarter valued at about $25,000. Root Financial Partners LLC bought a new stake in shares of Nebius Group in the fourth quarter worth about $26,000. SHP Wealth Management acquired a new stake in shares of Nebius Group during the fourth quarter worth about $26,000. Sound Income Strategies LLC lifted its holdings in shares of 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 purchasing an additional 100 shares in the last quarter. Finally, Blue Trust Inc. lifted its holdings in shares of 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 purchasing an additional 141 shares in the last quarter. Institutional investors and hedge funds own 21.90% of the company’s stock.

Nebius Group News Roundup

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

• Positive Sentiment: Several recent articles argue the Meta-related selloff may have created a buying opportunity, with Nebius still seen as a beneficiary of strong demand for AI infrastructure and expanding data-center capacity. Nebius stock sold off on Meta’s data center news. Buy the dip.
• Positive Sentiment: Commentary highlighted Nebius’s AI cloud momentum, reinforcing the idea that revenue growth and product demand remain strong despite short-term volatility. Nebius Group (NASDAQ:NBIS) AI Cloud Momentum Gains Spotlight
• Positive Sentiment: Analysts and market commentary have continued to frame Nebius as a major AI infrastructure winner, with recent coverage pointing to massive AI deals and long-term expansion potential. Nebius Group (NBIS) Gains on Massive AI Deals, Here’s What You Need to Know

Nebius Group Stock Up 10.9%

NBIS stock opened at $216.48 on Thursday. The company has a debt-to-equity ratio of 1.16, a current ratio of 8.33 and a quick ratio of 8.33. The stock has a market capitalization of $54.77 billion, a P/E ratio of 69.83 and a beta of 4.10. Nebius Group N.V. has a fifty-two week low of $43.89 and a fifty-two week high of $299.86. The business has a 50-day moving average of $223.20 and a 200-day moving average of $148.02.

Nebius Group (NASDAQ:NBIS) last announced its earnings results on Thursday, May 14th. The company reported ($0.23) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.81) by $0.58. The business had revenue of $399.00 million for the quarter, compared to analyst estimates of $375.13 million. Nebius Group had a negative return on equity of 9.11% and a net margin of 95.27%.The company’s quarterly revenue was up 684.0% on a year-over-year basis. On average, sell-side analysts anticipate that Nebius Group N.V. will post -1.91 earnings per share for the current fiscal year.

Insider Activity

In other news, CRO Marc Boroditsky sold 10,776 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $276.20, for a total value of $2,976,331.20. Following the sale, the executive owned 26,886 shares of the company’s stock, valued at $7,425,913.20. The trade was a 28.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Andrey Korolenko sold 500,000 shares of the stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $203.24, for a total transaction of $101,620,000.00. Following the transaction, the insider owned 585,209 shares of the company’s stock, valued at $118,937,877.16. The trade was a 46.07% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 692,965 shares of company stock worth $144,150,315.

Wall Street Analysts Forecast Growth

NBIS has been the subject of a number of research reports. Citigroup increased their target price on Nebius Group from $169.00 to $287.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Citizens Jmp lifted their price target on shares of Nebius Group from $175.00 to $270.00 and gave the company a “market outperform” rating in a research note on Thursday, May 14th. Wall Street Zen upgraded shares of Nebius Group from a “strong sell” rating to a “sell” rating in a report on Saturday, May 16th. Cantor Fitzgerald began coverage on shares of Nebius Group in a research report on Thursday, April 9th. They set an “overweight” rating and a $129.00 price objective for the company. Finally, Morgan Stanley raised their price objective on shares of Nebius Group from $126.00 to $144.00 and gave the stock an “equal weight” rating in a report on Thursday, May 14th. Nine investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average 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.