Fideuram Intesa Sanpaolo Private Banking S.P.A. Purchases 3,545 Shares of Nebius Group N.V. $NBIS

Fideuram Intesa Sanpaolo Private Banking S.P.A. lifted its position in shares of Nebius Group N.V. (NASDAQ:NBIS) by 177.2% during the 1st quarter, HoldingsChannel.com reports. The firm owned 5,545 shares of the company’s stock after buying an additional 3,545 shares during the quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings in Nebius Group were worth $575,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Parkside Financial Bank & Trust bought a new stake in Nebius Group during the 4th quarter worth approximately $25,000. Root Financial Partners LLC acquired a new position in shares of Nebius Group during the fourth quarter worth $26,000. SHP Wealth Management bought a new stake in shares of Nebius Group in the fourth quarter worth $26,000. Blue Trust Inc. grew its stake in shares of Nebius Group by 73.8% in the fourth quarter. Blue Trust Inc. now owns 332 shares of the company’s stock worth $28,000 after purchasing an additional 141 shares during the last quarter. Finally, Armstrong Advisory Group Inc. increased its holdings in Nebius Group by 500.0% in the fourth quarter. Armstrong Advisory Group Inc. now owns 360 shares of the company’s stock valued at $30,000 after purchasing an additional 300 shares during the period. Institutional investors and hedge funds own 21.90% of the company’s stock.

Nebius Group Stock Performance

Shares of Nebius Group stock opened at $215.62 on Friday. The business has a 50-day moving average price of $219.69 and a two-hundred day moving average price of $144.83. Nebius Group N.V. has a 1-year low of $43.89 and a 1-year high of $299.86. 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 company has a market cap of $54.56 billion, a P/E ratio of 69.56 and a beta of 4.10.

Nebius Group (NASDAQ:NBIS) last announced its quarterly earnings data on Thursday, May 14th. The company reported ($0.23) earnings per share (EPS) for the quarter, beating 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. The firm’s quarterly revenue was up 684.0% compared to the same quarter last year. As a group, analysts anticipate that Nebius Group N.V. will post -1.91 EPS for the current year.

Key Headlines Impacting Nebius Group

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 several analyst reports. Citizens Jmp raised their target price on Nebius Group from $175.00 to $270.00 and gave the stock a “market outperform” rating in a research report on Thursday, May 14th. Wall Street Zen raised Nebius Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 16th. Wolfe Research assumed coverage on Nebius Group in a research report on Thursday, April 16th. They set a “peer perform” rating for the company. BNP Paribas Exane initiated coverage on Nebius Group in a research note on Tuesday, June 2nd. They issued a “neutral” rating and a $255.00 price objective on the stock. Finally, DA Davidson cut Nebius Group from a “buy” rating to a “neutral” rating and upped 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 given a Hold rating to the company’s stock. Based on data from MarketBeat, Nebius Group currently has a consensus rating of “Moderate Buy” and an average target price of $203.25.

Insiders Place Their Bets

In related news, CTO Danila Shtan sold 15,678 shares of the business’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $238.96, for a total transaction of $3,746,414.88. Following the transaction, the chief technology officer owned 291,700 shares in the company, valued at $69,704,632. The trade was a 5.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Andrey Korolenko sold 500,000 shares of the firm’s 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 completion of the sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 626,887 shares of company stock valued at $124,696,143 in the last ninety days.

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.