FirstWave Capital Management LLC Sells 44,754 Shares of Nebius Group N.V. $NBIS

FirstWave Capital Management LLC reduced its position in shares of Nebius Group N.V. (NASDAQ:NBIS) by 50.1% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 44,645 shares of the company’s stock after selling 44,754 shares during the period. Nebius Group makes up about 5.4% of FirstWave Capital Management LLC’s portfolio, making the stock its 4th biggest holding. FirstWave Capital Management LLC’s holdings in Nebius Group were worth $12,330,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Orbis Allan Gray Ltd raised its holdings in shares of Nebius Group by 12.4% in the 2nd quarter. Orbis Allan Gray Ltd now owns 17,651,930 shares of the company’s stock valued at $976,681,000 after buying an additional 1,949,708 shares during the period. BlackRock Inc. boosted its holdings in Nebius Group by 16.0% during the 2nd quarter. BlackRock Inc. now owns 11,531,270 shares of the company’s stock valued at $3,184,591,000 after acquiring an additional 1,593,684 shares during the period. Situational Awareness LP acquired a new position in Nebius Group in the 2nd quarter valued at about $1,232,895,000. Jennison Associates LLC lifted its position in shares of Nebius Group by 134.3% during the second quarter. Jennison Associates LLC now owns 3,983,899 shares of the company’s stock worth $1,100,233,000 after purchasing an additional 2,283,676 shares in the last quarter. Finally, Morgan Stanley lifted its position in shares of Nebius Group by 35.2% during the fourth quarter. Morgan Stanley now owns 3,704,659 shares of the company’s stock worth $310,099,000 after purchasing an additional 964,984 shares in the last quarter. 21.90% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Nebius Group news, CTO Danila Shtan sold 16,937 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $235.45, for a total transaction of $3,987,816.65. Following the sale, the chief technology officer owned 274,763 shares of the company’s stock, valued at approximately $64,692,948.35. This trade represents a 5.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Charles Ryan sold 50,000 shares of the business’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $265.53, for a total transaction of $13,276,500.00. Following the completion of the sale, the director directly owned 272,533 shares of the company’s stock, valued at approximately $72,365,687.49. This trade represents a 15.50% 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 sold a total of 159,013 shares of company stock valued at $39,216,975 over the last three months.

Nebius Group Stock Up 7.5%

NBIS stock opened at $226.39 on Friday. The company’s 50 day moving average price is $212.58 and its 200 day moving average price is $181.77. The company has a debt-to-equity ratio of 0.82, a quick ratio of 4.03 and a current ratio of 4.03. Nebius Group N.V. has a fifty-two week low of $63.26 and a fifty-two week high of $299.86. The firm has a market capitalization of $57.28 billion, a price-to-earnings ratio of -7,543.82 and a beta of 4.23.

Nebius Group (NASDAQ:NBIS) last issued its quarterly earnings results on Thursday, August 13th. The company reported ($0.12) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.67) by $0.55. The company had revenue of $582.30 million during the quarter, compared to the consensus estimate of $567.91 million. Nebius Group had a net margin of 4.55% and a negative return on equity of 6.03%. The firm’s quarterly revenue was up 454% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.38 earnings per share. On average, equities research analysts anticipate that Nebius Group N.V. will post -3.76 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Robert W. Baird lifted their price objective on shares of Nebius Group from $250.00 to $340.00 and gave the company an “outperform” rating in a report on Thursday, August 13th. BNP Paribas Exane began coverage on shares of Nebius Group in a report on Tuesday, June 2nd. They set a “neutral” rating and a $255.00 target price on the stock. Freedom Capital raised shares of Nebius Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. Wall Street Zen upgraded shares of Nebius Group from a “strong sell” rating to a “sell” rating in a research note on Sunday, August 16th. Finally, DA Davidson reaffirmed a “neutral” rating and set a $175.00 price objective on shares of Nebius Group in a research report on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, Nebius Group presently has an average rating of “Moderate Buy” and an average target price of $226.00.

Nebius Group News Roundup

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

• Positive Sentiment: Stephen Mandel’s Lone Pine Capital opened a position in Nebius during the second quarter, making NBIS the fund’s largest holding. The investment adds credibility to the AI infrastructure story and may encourage other investors to reassess the company’s growth prospects. Billionaire Stephen Mandel’s Top 2 AI Stock Picks
• Positive Sentiment: Nebius is targeting major 2027 expansion, supported by multibillion-dollar AI-cloud agreements, premium pricing and increased data-center capacity. The company’s year-end contracted power target reportedly rose from more than 3 gigawatts to 5 gigawatts, strengthening the potential revenue base if that capacity is deployed successfully. Will Nebius Group’s Mega AI Deals Power Its 2027 Growth Story?
• Positive Sentiment: Recent coverage points to technical upside and continued investor interest in Nebius as a leading AI infrastructure stock. Its latest quarterly results also showed revenue growth of 454% year over year and an earnings loss narrower than analysts expected, supporting the growth narrative. Why Nebius Group Should Find a Floor at Current Levels
• Neutral Sentiment: Commentators continue comparing Nebius with CoreWeave and other “neocloud” providers. The comparisons highlight strong AI-compute demand but also raise questions about pricing, competitive differentiation and how much future growth is already reflected in NBIS’s valuation. Sam Altman Sees Unsustainable Silliness in AI Compute Spending
• Negative Sentiment: Bearish analysis warns that the economics may not justify the stock’s valuation, particularly as Nebius and peers take on significant debt to fund data-center construction. Planned capital spending, customer concentration and the risk of excess AI capacity remain material risks. Nebius: The Math Doesn’t Work
• Negative Sentiment: CFO Sanchez Maria Del Dado Alonso sold 470 shares for approximately $92,120, reducing her direct stake by 3.71%. The relatively small transaction is unlikely to alter fundamentals but could modestly weigh on sentiment. CFO Sells Nebius Group Shares

Nebius Group 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.