Amundi Purchases 658,233 Shares of Nebius Group N.V. $NBIS

Key Points

• Amundi increased its Nebius Group position by 49% in the second quarter, buying 658,233 shares to hold 2.0 million shares worth approximately $552.9 million. Institutional investors collectively own 21.9% of NBIS.
• Nebius reported quarterly revenue of $582.3 million, up 454% year over year, and a loss of $0.12 per share that beat analysts’ expectations. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $226.
• Despite strong institutional interest and AI-cloud growth prospects, insiders sold shares worth about $39.2 million during the last quarter, while analysts and commentators continue to flag valuation, debt, capital-spending and excess-capacity risks.

Amundi lifted its position in Nebius Group N.V. (NASDAQ:NBIS - Free Report) by 49.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,002,187 shares of the company's stock after purchasing an additional 658,233 shares during the quarter. Amundi owned 0.79% of Nebius Group worth $552,944,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of NBIS. California State Teachers Retirement System raised its holdings in shares of Nebius Group by 23,011.0% in the 2nd quarter. California State Teachers Retirement System now owns 62,163,381 shares of the company's stock worth $17,167,661,000 after buying an additional 61,894,404 shares in the last quarter. Situational Awareness LP bought a new position in shares of Nebius Group during the second quarter valued at $1,232,895,000. Accel Leaders 4 Associates L.P. bought a new stake in shares of Nebius Group in the 2nd quarter worth about $1,012,097,322. State Street Corp increased its position in shares of Nebius Group by 2,391.3% during the 4th quarter. State Street Corp now owns 3,219,326 shares of the company's stock worth $269,474,000 after purchasing an additional 3,090,103 shares in the last quarter. Finally, Capital Research Global Investors acquired a new stake in shares of Nebius Group during the 4th quarter worth about $231,635,000. Institutional investors and hedge funds own 21.90% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on NBIS shares. Piper Sandler assumed coverage on shares of Nebius Group in a research report on Monday, August 3rd. They issued a "neutral" rating and a $224.00 price target on the stock. Wall Street Zen upgraded shares of Nebius Group from a "strong sell" rating to a "sell" rating in a research note on Sunday, August 16th. DA Davidson reissued a "neutral" rating and issued a $175.00 target price on shares of Nebius Group in a report on Thursday, August 13th. BNP Paribas Exane started coverage on Nebius Group in a research report on Tuesday, June 2nd. They set a "neutral" rating and a $255.00 price target on the stock. Finally, Robert W. Baird raised their price target on Nebius Group from $250.00 to $340.00 and gave the company an "outperform" rating in a report on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $226.00.

Insiders Place Their Bets

In other news, CEO Arkadiy Volozh sold 46,627 shares of Nebius Group stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $235.45, for a total value of $10,978,327.15. Following the completion of the sale, the chief executive officer directly owned 821,662 shares of the company's stock, valued at approximately $193,460,317.90. This trade represents a 5.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Charles E. Ryan sold 50,000 shares of the business's stock in a transaction on Friday, August 14th. The stock was sold at an average price of $265.53, for a total value of $13,276,500.00. Following the sale, the director owned 272,533 shares of the company's stock, valued at approximately $72,365,687.49. The trade was a 15.50% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 159,013 shares of company stock valued at $39,216,975 over the last quarter.

Nebius Group Price Performance

Shares of NASDAQ:NBIS opened at $226.39 on Monday. Nebius Group N.V. has a 12 month low of $63.26 and a 12 month high of $299.86. The company's 50-day moving average price is $212.58 and its two-hundred day moving average price is $182.36. The company has a quick ratio of 4.03, a current ratio of 4.03 and a debt-to-equity ratio of 0.82. The firm has a market cap of $57.28 billion, a P/E ratio of -7,543.82 and a beta of 4.23.

Nebius Group (NASDAQ:NBIS - Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported ($0.12) earnings per share for the quarter, beating the consensus estimate of ($0.67) by $0.55. Nebius Group had a net margin of 4.55% and a negative return on equity of 6.03%. The firm had revenue of $582.30 million during the quarter, compared to analysts' expectations of $567.91 million. During the same quarter last year, the company posted $2.38 EPS. The company's quarterly revenue was up 454% compared to the same quarter last year. As a group, research analysts forecast that Nebius Group N.V. will post -3.76 EPS for the current fiscal year.

Key Headlines Impacting Nebius Group

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

• Positive Sentiment: Stephen Mandel’s Lone Pine Capital opened a position in Nebius during the second quarter, making NBIS the fund’s largest holding. The investment adds credibility to the AI infrastructure story and may encourage other investors to reassess the company’s growth prospects. Billionaire Stephen Mandel’s Top 2 AI Stock Picks
• Positive Sentiment: Nebius is targeting major 2027 expansion, supported by multibillion-dollar AI-cloud agreements, premium pricing and increased data-center capacity. The company’s year-end contracted power target reportedly rose from more than 3 gigawatts to 5 gigawatts, strengthening the potential revenue base if that capacity is deployed successfully. Will Nebius Group’s Mega AI Deals Power Its 2027 Growth Story?
• Positive Sentiment: Recent coverage points to technical upside and continued investor interest in Nebius as a leading AI infrastructure stock. Its latest quarterly results also showed revenue growth of 454% year over year and an earnings loss narrower than analysts expected, supporting the growth narrative. Why Nebius Group Should Find a Floor at Current Levels
• Neutral Sentiment: Commentators continue comparing Nebius with CoreWeave and other “neocloud” providers. The comparisons highlight strong AI-compute demand but also raise questions about pricing, competitive differentiation and how much future growth is already reflected in NBIS’s valuation. Sam Altman Sees Unsustainable Silliness in AI Compute Spending
• Negative Sentiment: Bearish analysis warns that the economics may not justify the stock’s valuation, particularly as Nebius and peers take on significant debt to fund data-center construction. Planned capital spending, customer concentration and the risk of excess AI capacity remain material risks. Nebius: The Math Doesn’t Work
• Negative Sentiment: CFO Sanchez Maria Del Dado Alonso sold 470 shares for approximately $92,120, reducing her direct stake by 3.71%. The relatively small transaction is unlikely to alter fundamentals but could modestly weigh on sentiment. CFO Sells Nebius Group Shares

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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