Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) Director John Wilson Iv Boynton sold 5,812 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $253.29, for a total transaction of $1,472,121.48. Following the sale, the director directly owned 378,665 shares of the company's stock, valued at $95,912,057.85. The trade was a 1.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Nebius Group Trading Up 11.9%
Shares of NBIS opened at $260.07 on Tuesday. The stock has a market capitalization of $65.80 billion, a P/E ratio of 83.89 and a beta of 4.03. 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 firm has a fifty day simple moving average of $187.49 and a two-hundred day simple moving average of $129.09. Nebius Group N.V. has a twelve month low of $43.89 and a twelve month high of $278.84.
Nebius Group (NASDAQ:NBIS - Get Free Report) last announced its quarterly earnings results on Thursday, May 14th. The company reported ($0.23) earnings per share for the quarter, beating the consensus estimate of ($0.77) by $0.54. The business had revenue of $399.00 million during the quarter, compared to analysts' expectations of $375.13 million. Nebius Group had a net margin of 95.27% and a negative return on equity of 9.11%. The company's revenue was up 684.0% compared to the same quarter last year. On average, research analysts anticipate that Nebius Group N.V. will post -1.91 EPS for the current year.
Wall Street Analyst Weigh In
NBIS has been the subject of several research reports. DA Davidson lowered shares of Nebius Group from a "buy" rating to a "neutral" rating and upped their price objective for the stock from $200.00 to $250.00 in a report on Monday, May 18th. Compass Point initiated coverage on shares of Nebius Group in a report on Wednesday, February 18th. They issued a "buy" rating and a $150.00 price objective for the company. BWS Financial upped their price objective on shares of Nebius Group from $130.00 to $200.00 and gave the stock a "buy" rating in a report on Monday, March 16th. 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. Finally, Cantor Fitzgerald initiated coverage on shares of Nebius Group in a report on Thursday, April 9th. They issued an "overweight" rating and a $129.00 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 company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $203.25.
Get Our Latest Stock Report on Nebius Group
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of NBIS. Parkside Financial Bank & Trust bought a new position in shares of Nebius Group in the 4th quarter worth about $25,000. Root Financial Partners LLC bought a new position in shares of Nebius Group in the 4th quarter worth about $26,000. SHP Wealth Management bought a new position in shares of Nebius Group in the 4th quarter worth about $26,000. Sound Income Strategies LLC increased its stake 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 worth $27,000 after acquiring an additional 100 shares in the last quarter. Finally, Blue Trust Inc. increased its stake in shares of Nebius Group by 73.8% in the 4th quarter. Blue Trust Inc. now owns 332 shares of the company's stock worth $28,000 after acquiring an additional 141 shares in the last quarter. 21.90% of the stock is currently owned by institutional investors.
Nebius Group Company Profile
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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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