Tcfg Wealth Management LLC Takes $246,000 Position in Nebius Group N.V. $NBIS

Tcfg Wealth Management LLC bought a new position in shares of Nebius Group N.V. (NASDAQ:NBIS) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 2,370 shares of the company’s stock, valued at approximately $246,000.

Several other large investors also recently modified their holdings of NBIS. State Street Corp lifted its holdings in Nebius Group by 2,391.3% in the 4th quarter. State Street Corp now owns 3,219,326 shares of the company’s stock worth $269,474,000 after buying an additional 3,090,103 shares during the period. Capital Research Global Investors purchased a new position in shares of Nebius Group during the fourth quarter valued at approximately $231,635,000. Fred Alger Management LLC raised its holdings in shares of Nebius Group by 33.4% during the third quarter. Fred Alger Management LLC now owns 10,132,279 shares of the company’s stock valued at $1,137,551,000 after acquiring an additional 2,536,832 shares in the last quarter. Accel Leaders 3 Associates L.P. bought a new position in shares of Nebius Group during the fourth quarter valued at approximately $188,496,000. Finally, Qube Research & Technologies Ltd purchased a new stake in Nebius Group in the third quarter worth $238,511,000. 21.90% of the stock is owned by institutional investors.

Insider Buying and Selling at Nebius Group

In other news, insider Andrey Korolenko sold 500,000 shares of Nebius Group stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $203.24, for a total transaction of $101,620,000.00. Following the completion of the transaction, the insider directly owned 585,209 shares in the company, valued at approximately $118,937,877.16. This trade represents a 46.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Elena Bunina sold 10,894 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $206.87, for a total value of $2,253,641.78. Following the completion of the sale, the director directly owned 10,772 shares in the company, valued at approximately $2,228,403.64. This represents a 50.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 626,887 shares of company stock worth $124,696,143 over the last three months.

Nebius Group Stock Down 17.0%

NASDAQ:NBIS opened at $229.18 on Thursday. The firm’s 50-day moving average price is $217.32 and its 200-day moving average price is $143.43. The company has a market capitalization of $57.99 billion, a PE ratio of 73.93 and a beta of 4.10. The company has a debt-to-equity ratio of 1.16, a current ratio of 8.33 and a quick ratio of 8.33. Nebius Group N.V. has a 1-year low of $43.89 and a 1-year high of $299.86.

Nebius Group (NASDAQ:NBIS) last issued its quarterly earnings results 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 net margin of 95.27% and a negative return on equity of 9.11%. The company had revenue of $399.00 million during the quarter, compared to analysts’ expectations of $375.13 million. Nebius Group’s revenue for the quarter was up 684.0% on a year-over-year basis. On average, equities analysts predict that Nebius Group N.V. will post -1.91 EPS for the current fiscal year.

Nebius Group News Roundup

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

• Positive Sentiment: Commentary pointed to record pipeline growth, rising customer demand, and expanding AI infrastructure plans, suggesting Nebius still has strong long-term operating momentum. Will Nebius’ Strong Customer Pipeline Drive Future Growth?
• Positive Sentiment: One analysis argued Meta’s expanding AI cloud ambitions may actually reinforce broad AI compute demand, supporting the idea that Nebius operates in a still-scarce and growing market. Nebius: Meta Clouds Signal Hidden AI Demand Surge
• Neutral Sentiment: Market commentary noted that Nebius remains in the middle of a broader debate over AI valuation, with some investors questioning whether recent gains have made the stock look expensive relative to its growth outlook. AI Fears Hit Nebius Stock, But Has the Growth Thesis Changed?
• Negative Sentiment: Reports that Meta may offer AI cloud services to business customers raised fears that it could compete directly with Nebius, pressuring shares of AI infrastructure names such as NBIS. Meta Stock Rallies On Reported Plan For AI Cloud Business; CoreWeave Slides
• Negative Sentiment: Additional coverage said Nebius was selling off on the Meta news, with investors worried that its biggest customer could become a competitive threat. Nebius stock is crashing, and it has its biggest customer to blame
• Negative Sentiment: Several articles also described the stock as overvalued or vulnerable to a pullback after its recent surge, adding to the selling pressure. Nebius Group (NBIS) Stock Looks Overvalued On Earnings While AI Growth Stays Strong

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on NBIS. Bank of America boosted their price objective on shares of Nebius Group from $240.00 to $280.00 and gave the company a “buy” rating in a research report on Monday, June 8th. Wolfe Research began coverage on shares of Nebius Group in a research note on Thursday, April 16th. They set a “peer perform” rating on the stock. Morgan Stanley boosted 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. Weiss Ratings raised shares of Nebius Group from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 20th. Finally, BNP Paribas Exane initiated coverage on shares of Nebius Group in a report on Tuesday, June 2nd. They issued a “neutral” rating and a $255.00 price objective for the company. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Nebius Group has an average rating of “Moderate Buy” and an average price target of $203.25.

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.