Jennison Associates LLC Takes $176.41 Million Position in Nebius Group N.V. $NBIS

Jennison Associates LLC acquired a new stake in shares of Nebius Group N.V. (NASDAQ:NBIS) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 1,700,223 shares of the company’s stock, valued at approximately $176,415,000.

Other hedge funds also recently made changes to their positions in the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in Nebius Group by 2.7% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,977 shares of the company’s stock worth $309,000 after acquiring an additional 79 shares in the last quarter. WPG Advisers LLC raised its position in Nebius Group by 3.6% during the first quarter. WPG Advisers LLC now owns 2,799 shares of the company’s stock valued at $290,000 after purchasing an additional 98 shares in the last quarter. Vermillion Wealth Management Inc. raised its position in Nebius Group by 20.0% during the first quarter. Vermillion Wealth Management Inc. now owns 600 shares of the company’s stock valued at $62,000 after purchasing an additional 100 shares in the last quarter. Sound Income Strategies LLC lifted its stake in Nebius Group by 62.5% during the first quarter. Sound Income Strategies LLC now owns 260 shares of the company’s stock worth $27,000 after purchasing an additional 100 shares during the last quarter. Finally, Calton & Associates Inc. lifted its stake in Nebius Group by 2.7% during the fourth quarter. Calton & Associates Inc. now owns 4,774 shares of the company’s stock worth $400,000 after purchasing an additional 124 shares during the last quarter. 21.90% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Freedom Capital cut Nebius Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. BNP Paribas Exane started coverage on Nebius Group in a report on Tuesday, June 2nd. They set a “neutral” rating and a $255.00 price objective on the stock. Cantor Fitzgerald started coverage on Nebius Group in a research report on Thursday, April 9th. They issued an “overweight” rating and a $129.00 target price for the company. Citizens Jmp upped 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. Finally, Morgan Stanley increased their price target on shares of Nebius Group from $126.00 to $144.00 and gave the company an “equal weight” rating in a research report on Thursday, May 14th. Nine research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $203.25.

Insider Buying and Selling

In other news, insider Andrey Korolenko sold 33,871 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $235.45, for a total value of $7,974,926.95. Following the completion of the sale, the insider owned 551,338 shares of the company’s stock, valued at approximately $129,812,532.10. The trade was a 5.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Arkadiy Volozh sold 46,627 shares of the stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $235.45, for a total value of $10,978,327.15. Following the sale, the chief executive officer owned 821,662 shares of the company’s stock, valued at $193,460,317.90. This represents a 5.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 668,405 shares of company stock worth $140,422,170 in the last 90 days.

Nebius Group Stock Performance

Nebius Group stock opened at $177.71 on Friday. The company has a quick ratio of 8.33, a current ratio of 8.33 and a debt-to-equity ratio of 1.16. The company has a market capitalization of $44.96 billion, a PE ratio of 57.33 and a beta of 4.10. The firm has a fifty day simple moving average of $228.03 and a two-hundred day simple moving average of $152.91. Nebius Group N.V. has a twelve month low of $49.00 and a twelve month high of $299.86.

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

More Nebius Group News

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

• Positive Sentiment: Nebius announced a $775 million senior secured debt facility, easing dilution concerns and giving it a clearer path to finance AI cloud expansion. Nebius raises $775 million in first secured debt financing to accelerate global buildout
• Positive Sentiment: The company also landed a reported $1 billion AI contract, reinforcing demand for its computing capacity and supporting the long-term growth narrative. Nebius lands $1 billion AI deal as one major risk looms
• Neutral Sentiment: Nebius has also been pushing an asset-light AI cloud model through partner data centers, which could help it scale faster while preserving cash, but investors are still weighing execution risk and funding needs. Nebius (NBIS) Launches Asset Light AI Cloud Model Through Partner Data Centers
• Negative Sentiment: Despite the rebound, some commentary remains cautious, with broader concerns about AI spending, heavy capex plans, and the stock’s recent volatility keeping pressure on shares. Here’s why IREN, CoreWeave, and Nebius stocks are in free fall

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.