Arkadiy Volozh Sells 33,358 Shares of Nebius Group (NASDAQ:NBIS) Stock

Key Points

• Arkadiy Volozh sold 33,358 shares on April 1 at an average price of $103.73 for about $3.46 million, reducing his stake by 3.7% to 868,289 shares (≈$90.07 million).
• Nebius shares traded at $108.18 recently, sit between a 50-day MA of $99.77 and 200-day MA of $101.63, have a 52-week range of $18.31–$141.10 and a market cap of $27.24 billion, after reporting quarterly EPS of -$0.69 (miss) and revenue of $227.7 million (below estimates).
• Analysts hold a consensus "Moderate Buy" with an average target of $157.09 (mix of Strong Buy/Buy/Hold/Sell ratings), while institutional ownership is about 21.9% and several funds added or initiated positions in Q4.

Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) CEO Arkadiy Volozh sold 33,358 shares of the firm's stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $103.73, for a total transaction of $3,460,225.34. Following the transaction, the chief executive officer owned 868,289 shares in the company, valued at approximately $90,067,617.97. This trade represents a 3.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Nebius Group Stock Performance

Shares of Nebius Group stock traded up $6.23 during trading on Thursday, reaching $108.18. The company's stock had a trading volume of 4,370,785 shares, compared to its average volume of 14,888,048. The company has a 50-day moving average price of $99.77 and a two-hundred day moving average price of $101.63. Nebius Group N.V. has a fifty-two week low of $18.31 and a fifty-two week high of $141.10. The firm has a market cap of $27.24 billion, a PE ratio of -73.00 and a beta of 4.20. The company has a current ratio of 3.08, a quick ratio of 6.57 and a debt-to-equity ratio of 0.89.

Nebius Group (NASDAQ:NBIS - Get Free Report) last issued its quarterly earnings results on Thursday, February 12th. The company reported ($0.69) earnings per share for the quarter, missing analysts' consensus estimates of ($0.42) by ($0.27). The business had revenue of $227.70 million for the quarter, compared to analyst estimates of $246.05 million. Nebius Group had a negative return on equity of 11.70% and a net margin of 19.02%. On average, analysts forecast that Nebius Group N.V. will post -1.1 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of NBIS. Creek Drive Management Group LLC acquired a new stake in shares of Nebius Group in the fourth quarter worth approximately $2,829,000. World Investment Advisors purchased a new stake in shares of Nebius Group during the 4th quarter valued at $816,000. Corient Private Wealth LLC increased its holdings in shares of Nebius Group by 162.5% during the 4th quarter. Corient Private Wealth LLC now owns 7,082 shares of the company's stock worth $593,000 after buying an additional 4,384 shares during the last quarter. Hsbc Holdings PLC raised its position in shares of Nebius Group by 10.5% in the 4th quarter. Hsbc Holdings PLC now owns 104,657 shares of the company's stock worth $8,853,000 after buying an additional 9,969 shares during the period. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in Nebius Group in the fourth quarter valued at $33,000. 21.90% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. BWS Financial raised their target price on shares of Nebius Group from $130.00 to $200.00 and gave the stock a "buy" rating in a research note on Monday, March 16th. Bank of America initiated coverage on shares of Nebius Group in a research report on Tuesday, March 24th. They set a "buy" rating and a $150.00 target price on the stock. Freedom Capital upgraded Nebius Group to a "strong-buy" rating in a research report on Tuesday, February 3rd. Morgan Stanley assumed coverage on shares of Nebius Group in a report on Thursday, January 15th. They issued an "equal weight" rating and a $126.00 price target on the stock. Finally, Compass Point initiated coverage on Nebius Group in a research note on Wednesday, February 18th. They set a "buy" rating and a $150.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $157.09.

About Nebius Group

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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