Nebius Group (NASDAQ:NBIS) Director Purchases $24,857.62 in Stock

Nebius Group N.V. (NASDAQ:NBIS) Director Arne Grimme purchased 151 shares of the stock in a transaction that occurred on Tuesday, October 20th. The stock was acquired at an average cost of $164.62 per share, with a total value of $24,857.62. Following the completion of the acquisition, the director directly owned 6,480 shares of the company’s stock, valued at $1,066,737.60. This represents a 2.39% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Arne Grimme also recently made the following trade(s):

• On Wednesday, October 21st, Arne Grimme purchased 148 shares of Nebius Group stock. The stock was bought at an average price of $167.94 per share, for a total transaction of $24,855.12.
• On Monday, October 19th, Arne Grimme acquired 148 shares of Nebius Group stock. The shares were bought at an average cost of $169.99 per share, for a total transaction of $25,158.52.
• On Thursday, October 15th, Arne Grimme acquired 148 shares of Nebius Group stock. The shares were bought at an average cost of $169.99 per share, for a total transaction of $25,158.52.

Nebius Group Trading Down 0.3%

Shares of NASDAQ:NBIS opened at $158.74 on Friday. 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 twelve month low of $73.52 and a twelve month high of $299.86. The firm has a 50 day simple moving average of $216.81 and a 200-day simple moving average of $208.87.

Nebius Group (NASDAQ:NBIS) last issued its earnings results on Thursday, August 13th. The company reported ($0.12) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.67) by $0.55. The business had revenue of $582.30 million during the quarter, compared to analysts’ expectations of $567.91 million. Nebius Group had a net margin of 4.55% and a negative return on equity of 6.03%. The company’s revenue for the quarter was up 454% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.38 EPS. On average, research analysts expect that Nebius Group N.V. will post -3.19 EPS for the current year.

Hedge Funds Weigh In On Nebius Group

A number of hedge funds have recently modified their holdings of NBIS. Allied Private Wealth LLC acquired a new position in shares of Nebius Group in the 2nd quarter valued at $25,000. SHP Wealth Management purchased a new stake in Nebius Group in the 4th quarter valued at $26,000. Sound Income Strategies LLC boosted its stake in Nebius Group by 62.5% during the 1st 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 period. Sarver Vrooman Wealth Advisors acquired a new stake in Nebius Group during the 2nd quarter worth $28,000. Finally, GoalVest Advisory LLC acquired a new stake in Nebius Group during the 2nd quarter worth $28,000. 21.90% of the stock is currently owned by hedge funds and other institutional investors.

Nebius Group News Summary

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

• Positive Sentiment: Nebius secured a $3.5 billion senior secured bridge facility from Citi to fund data-center development, GPU purchases and corporate needs. The financing provides capital to expand its NVIDIA-powered AI cloud footprint and could support long-term revenue growth. Reuters report on Nebius’ Citi facility
• Positive Sentiment: Management is increasing transparency and customer flexibility through live GPU spot pricing and capacity-rebate programs. Its expanded NVIDIA collaboration, including secure AI-agent deployment and robotics initiatives, may help demonstrate demand for Nebius’ infrastructure. Nebius AI infrastructure expansion
• Positive Sentiment: One Wall Street ratings firm reportedly sees potential for roughly 2.5-times returns after the recent selloff, while broader bullish commentary argues that AI infrastructure spending remains in its early stages. Wall Street outlook for Nebius
• Neutral Sentiment: Nebius briefly participated in a broader cloud-sector rebound, but the move has not eliminated concerns about valuation, execution and financing. Its prior quarter showed revenue growth of 454% year over year and an adjusted loss better than estimates, although profitability remains limited.
• Negative Sentiment: The Citi facility intensified concerns that Nebius is relying on debt to finance a capital-intensive buildout. Investors are also watching the possibility of additional asset-backed borrowing, elevated borrowing costs and a funding gap across AI data-center companies. Nebius debt concerns
• Negative Sentiment: Piper Sandler issued a pessimistic outlook and cut its price target from $237 to $185 while maintaining a neutral rating. The action adds pressure after Nebius lost substantial value from its peak. Piper Sandler forecast for Nebius
• Negative Sentiment: Short sellers have profited from declines in AI data-center stocks, and distress in comparable company CoreWeave’s bonds has raised fears that high capital expenditures, excess capacity and weak financing conditions could spread across the neocloud industry. Short-selling pressure on AI data-center stocks

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Truist Financial raised shares of Nebius Group to a “strong-buy” rating in a research report on Thursday, September 10th. DA Davidson reaffirmed a “neutral” rating and set a $175.00 price objective on shares of Nebius Group in a report on Thursday, August 13th. BNP Paribas Exane upgraded Nebius Group from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $260.00 to $399.00 in a research report on Thursday, September 24th. Zacks Research raised Nebius Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 19th. Finally, Robert W. Baird boosted their target price on Nebius Group from $250.00 to $340.00 and gave the company an “outperform” rating in a report on Thursday, August 13th. Four analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Nebius Group has a consensus rating of “Moderate Buy” and a consensus target price of $243.25.

Nebius Group Company Profile

Nebius Group N.V. is a technology company focused on providing cloud infrastructure and services for artificial intelligence and machine learning applications. Through its Nebius AI division, the company offers access to high-performance computing, graphics processing units (GPUs), storage, networking, and related tools designed to help businesses and developers train, deploy, and operate AI models.

The company also operates or supports other technology businesses, including Toloka, an AI data and evaluation platform; TripleTen, an online education provider focused on technology careers; and Avride, a developer of autonomous driving and delivery technologies.