Insider Selling: Nebius Group (NASDAQ:NBIS) CRO Sells $2,976,331.20 in Stock

Nebius Group N.V. (NASDAQ:NBISGet Free Report) CRO Marc Boroditsky sold 10,776 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $276.20, for a total transaction of $2,976,331.20. Following the transaction, the executive owned 26,886 shares in the company, valued at approximately $7,425,913.20. The trade was a 28.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Marc Boroditsky also recently made the following trade(s):

  • On Friday, May 15th, Marc Boroditsky sold 4,500 shares of Nebius Group stock. The shares were sold at an average price of $217.55, for a total value of $978,975.00.
  • On Wednesday, April 15th, Marc Boroditsky sold 4,500 shares of Nebius Group stock. The shares were sold at an average price of $160.10, for a total value of $720,450.00.

Nebius Group Stock Performance

Shares of NBIS stock opened at $227.81 on Friday. 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 cap of $57.64 billion, a PE ratio of 73.49 and a beta of 4.03. The stock has a 50-day moving average of $172.47 and a 200-day moving average of $122.98. Nebius Group N.V. has a one year low of $43.89 and a one year high of $278.84.

Nebius Group (NASDAQ:NBISGet Free Report) last posted its earnings results on Thursday, May 14th. The company reported ($0.23) earnings per share (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 business had revenue of $399.00 million during the quarter, compared to analysts’ expectations of $375.13 million. Nebius Group’s revenue was up 684.0% on a year-over-year basis. As a group, sell-side analysts expect that Nebius Group N.V. will post -1.91 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on NBIS. 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. BNP Paribas Exane began coverage on Nebius Group in a research note on Tuesday. They set a “neutral” rating and a $255.00 target price for the company. Citizens Jmp increased their target price on Nebius Group from $175.00 to $270.00 and gave the stock a “market outperform” rating in a research note on Thursday, May 14th. Compass Point started coverage on Nebius Group in a research report on Wednesday, February 18th. They set a “buy” rating and a $150.00 price target for the company. Finally, Weiss Ratings raised Nebius Group from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 20th. Nine analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $197.00.

Check Out Our Latest Analysis on Nebius Group

More Nebius Group News

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Hedge Funds Weigh In On Nebius Group

A number of large investors have recently bought and sold shares of the company. Parkside Financial Bank & Trust acquired a new stake in shares of Nebius Group in the 4th quarter valued at approximately $25,000. Root Financial Partners LLC acquired a new stake in shares of Nebius Group in the 4th quarter valued at approximately $26,000. SHP Wealth Management acquired a new stake in shares of Nebius Group in the 4th quarter valued at approximately $26,000. Sound Income Strategies LLC boosted its holdings in shares of Nebius Group by 62.5% in the 1st quarter. Sound Income Strategies LLC now owns 260 shares of the company’s stock valued at $27,000 after buying an additional 100 shares during the last quarter. Finally, Blue Trust Inc. boosted its holdings in shares of Nebius Group by 73.8% in the 4th quarter. Blue Trust Inc. now owns 332 shares of the company’s stock valued at $28,000 after buying an additional 141 shares during the last quarter. Institutional investors and hedge funds own 21.90% of the company’s stock.

About Nebius Group

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Nebius Group (NASDAQ:NBIS)

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