Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) CTO Danila Shtan sold 16,937 shares of Nebius Group stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $235.45, for a total value of $3,987,816.65. Following the sale, the chief technology officer directly owned 274,763 shares of the company's stock, valued at approximately $64,692,948.35. The trade was a 5.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Danila Shtan also recently made the following trade(s):
- On Thursday, June 4th, Danila Shtan sold 15,678 shares of Nebius Group stock. The stock was sold at an average price of $238.96, for a total value of $3,746,414.88.
Nebius Group Price Performance
Shares of NBIS stock opened at $213.02 on Tuesday. Nebius Group N.V. has a fifty-two week low of $43.89 and a fifty-two week high of $299.86. The stock's 50-day moving average is $220.81 and its two-hundred day moving average is $146.21. The company has a quick ratio of 8.33, a current ratio of 8.33 and a debt-to-equity ratio of 1.16.
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 (EPS) 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 analyst estimates of $375.13 million. Nebius Group had a negative return on equity of 9.11% and a net margin of 95.27%.Nebius Group's quarterly revenue was up 684.0% on a year-over-year basis. As a group, analysts anticipate that Nebius Group N.V. will post -1.91 earnings per share for the current year.
Analysts Set New Price Targets
Several analysts have commented on NBIS shares. Wall Street Zen raised shares of Nebius Group from a "strong sell" rating to a "sell" rating in a research report on Saturday, May 16th. Citigroup lifted their price objective on shares of Nebius Group from $169.00 to $287.00 and gave the company a "buy" rating in a research note on Friday, May 15th. Morgan Stanley upped their price objective on shares of Nebius Group from $126.00 to $144.00 and gave the stock an "equal weight" rating in a report on Thursday, May 14th. DA Davidson downgraded shares of Nebius Group from a "buy" rating to a "neutral" rating and increased their target price for the stock from $200.00 to $250.00 in a research report on Monday, May 18th. 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 equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Nebius Group presently has an average rating of "Moderate Buy" and a consensus price target of $203.25.
Get Our Latest Report on Nebius Group
Key Nebius Group News
Here are the key news stories impacting Nebius Group this week:
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the company. Parkside Financial Bank & Trust acquired a new stake in shares of Nebius Group in the fourth quarter valued at about $25,000. Root Financial Partners LLC acquired a new position in shares of Nebius Group during the 4th quarter worth about $26,000. SHP Wealth Management acquired a new position in shares of Nebius Group during the 4th quarter worth about $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 valued at $27,000 after purchasing an additional 100 shares during the period. Finally, Blue Trust Inc. boosted its stake in Nebius Group by 73.8% during the 4th quarter. Blue Trust Inc. now owns 332 shares of the company's stock valued at $28,000 after purchasing an additional 141 shares during the period. Institutional investors and hedge funds own 21.90% of the company's stock.
About Nebius Group
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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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