Key Points
- Director Wilson Boynton sold 333 Nebius Group shares at an average price of $173.07, generating $57,632.31. The Rule 10b5-1 transaction reduced his stake by 0.08%, leaving him with 403,189 shares.
- Nebius reported quarterly revenue of $582.3 million, up 454% year over year, and a loss of $0.12 per share—better than analysts’ expected loss of $0.67.
- Analyst sentiment remains positive overall, with a consensus “Moderate Buy” rating and an average price target of $243.25, although Piper Sandler lowered its target to $185 and maintained a neutral rating.
Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) Director Wilson Boynton sold 333 shares of the company's stock in a transaction dated Thursday, October 29th. The shares were sold at an average price of $173.07, for a total transaction of $57,632.31. Following the completion of the sale, the director directly owned 403,189 shares of the company's stock, valued at $69,779,920.23. This represents a 0.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
John Wilson Iv Boynton also recently made the following trade(s):
- On Thursday, October 15th, Wilson Boynton sold 7,260 shares of Nebius Group stock. The shares were sold at an average price of $177.63, for a total transaction of $1,289,593.80.
- On Tuesday, September 29th, Wilson Boynton sold 50 shares of Nebius Group stock. The stock was sold at an average price of $235.01, for a total value of $11,750.50.
- On Friday, August 14th, Wilson Boynton sold 5,296 shares of Nebius Group stock. The shares were sold at an average price of $270.99, for a total value of $1,435,163.04.
Nebius Group Stock Performance
Shares of Nebius Group stock opened at $141.39 on Tuesday. Nebius Group N.V. has a 52 week low of $73.52 and a 52 week high of $299.86. The firm has a market cap of $35.77 billion, a PE ratio of -4,711.43 and a beta of 4.18. The business's fifty day simple moving average is $208.15 and its 200-day simple moving average is $177.05. The company has a quick ratio of 4.03, a current ratio of 4.03 and a debt-to-equity ratio of 0.82.
Nebius Group (NASDAQ:NBIS - Get Free Report) last issued its quarterly earnings data on Thursday, August 13th. The company reported ($0.12) earnings per share for the quarter, beating analysts' consensus estimates 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 negative return on equity of 6.03% and a net margin of 4.55%. The company's revenue was up 454% on a year-over-year basis. During the same period in the previous year, the firm posted $2.38 earnings per share. Equities analysts forecast that Nebius Group N.V. will post -3.19 earnings per share for the current year.
Hedge Funds Weigh In On Nebius Group
Large investors have recently bought and sold shares of the stock. Confluence Investment Management LLC boosted its holdings in Nebius Group by 2.0% during the second quarter. Confluence Investment Management LLC now owns 2,475 shares of the company's stock worth $684,000 after buying an additional 48 shares in the last quarter. Eastern Bank increased its holdings in Nebius Group by 66.3% in the third quarter. Eastern Bank now owns 158 shares of the company's stock valued at $37,000 after buying an additional 63 shares in the last quarter. Hilton Head Capital Partners LLC increased its holdings in Nebius Group by 56.0% in the third quarter. Hilton Head Capital Partners LLC now owns 195 shares of the company's stock valued at $46,000 after buying an additional 70 shares in the last quarter. Jasper Ridge Partners L.P. lifted its position in shares of Nebius Group by 0.5% during the 2nd quarter. Jasper Ridge Partners L.P. now owns 16,132 shares of the company's stock valued at $4,455,000 after acquiring an additional 74 shares during the period. Finally, Ancora Advisors LLC lifted its position in shares of Nebius Group by 18.8% during the 2nd quarter. Ancora Advisors LLC now owns 475 shares of the company's stock valued at $131,000 after acquiring an additional 75 shares during the period. Institutional investors and hedge funds own 21.90% of the company's stock.
Analyst Upgrades and Downgrades
NBIS has been the topic of a number of recent research reports. Zacks Research upgraded shares of Nebius Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, October 19th. Truist Financial upgraded shares of Nebius Group to a "strong-buy" rating in a research note on Thursday, September 10th. Wall Street Zen raised Nebius Group from a "strong sell" rating to a "sell" rating in a report on Sunday, August 16th. Piper Sandler cut their price target on Nebius Group from $237.00 to $185.00 and set a "neutral" rating on the stock in a research note on Wednesday, October 21st. Finally, Freedom Capital raised Nebius Group from a "hold" rating to a "strong-buy" rating in a report on Monday, July 20th. Four research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $243.25.
Check Out Our Latest Analysis on Nebius Group
Nebius Group Company Profile
(
Get Free Report)
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.
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