Baird Financial Group Inc. Buys Shares of 6,682 Nebius Group N.V. $NBIS

Key Points

• Baird Financial Group initiated a position in Nebius Group, purchasing 6,682 shares valued at approximately $1.845 million during the second quarter. Other institutions, including Amundi and HighTower Advisors, also increased their holdings.
• Nebius reported quarterly revenue of $582.3 million, up 454% year over year and above estimates, while its adjusted loss of $0.12 per share beat expectations. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $242.79.
• Despite strong AI-infrastructure demand and recent price increases, risks remain elevated due to significant share-price volatility, potential dilution and balance-sheet pressures; insiders have sold about 160,201 shares worth $39.2 million over the past three months.

Baird Financial Group Inc. purchased a new position in Nebius Group N.V. (NASDAQ:NBIS - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 6,682 shares of the company's stock, valued at approximately $1,845,000.

Several other large investors also recently modified their holdings of the company. West Family Investments Inc. purchased a new stake in Nebius Group during the second quarter valued at $298,000. Waverly Advisors LLC boosted its position in Nebius Group by 69.2% in the second quarter. Waverly Advisors LLC now owns 4,980 shares of the company's stock worth $1,375,000 after purchasing an additional 2,036 shares during the last quarter. Corient Private Wealth LP grew its stake in shares of Nebius Group by 47.5% during the 2nd quarter. Corient Private Wealth LP now owns 10,388 shares of the company's stock valued at $2,869,000 after purchasing an additional 3,344 shares during the period. Amundi grew its stake in shares of Nebius Group by 49.0% during the 2nd quarter. Amundi now owns 2,002,187 shares of the company's stock valued at $552,944,000 after purchasing an additional 658,233 shares during the period. Finally, HighTower Advisors LLC increased its position in shares of Nebius Group by 20.4% during the 2nd quarter. HighTower Advisors LLC now owns 26,175 shares of the company's stock valued at $7,229,000 after purchasing an additional 4,431 shares during the last quarter. Institutional investors own 21.90% of the company's stock.

Nebius Group News Roundup

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

• Positive Sentiment: The pricing actions suggest demand for AI infrastructure remains strong despite concerns that AI companies may moderate spending. Higher rates could improve revenue, margins and cash generation if customers continue accepting the increases. Nebius announces higher rates for Nvidia GPUs and AMD CPUs
• Positive Sentiment: Analysts view Nebius and other “neocloud” providers as having near-term leverage while demand for Nvidia GPUs remains tight and customers anticipate newer Vera Rubin systems. The news also lifted sentiment across AI-compute peers. Nebius Stock and IREN Jump
• Neutral Sentiment: The broader market backdrop was mixed, with Treasury yields easing and oil prices declining. These factors may provide some support for growth stocks but are secondary to the company-specific pricing announcement. AlphaCheck market update
• Negative Sentiment: Risks remain elevated: NBIS has been volatile and recently weakened amid concerns about capital requirements, potential dilution, balance-sheet pressure and execution. The stock also trades well below its 52-week high. What’s Happening With NBIS Stock?
• Negative Sentiment: Chief Revenue Officer Marc Boroditsky sold 7,000 shares worth approximately $1.46 million. The sale occurred under a pre-arranged Rule 10b5-1 plan, reducing its significance as a discretionary bearish signal, but it remains a potential overhang. SEC Form 4 filing

Insider Activity

In related news, Director John Wilson Iv Boynton sold 5,296 shares of Nebius Group stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $270.99, for a total transaction of $1,435,163.04. Following the sale, the director owned 415,844 shares of the company's stock, valued at approximately $112,689,565.56. This trade represents a 1.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Sanchez Maria Del Dado Alonso sold 470 shares of the business's stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $196.00, for a total value of $92,120.00. Following the completion of the transaction, the chief financial officer directly owned 12,202 shares in the company, valued at approximately $2,391,592. This represents a 3.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 160,201 shares of company stock valued at $39,208,414 in the last three months.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Freedom Capital upgraded shares of Nebius Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, July 20th. Truist Financial raised shares of Nebius Group to a "strong-buy" rating in a report on Thursday, September 10th. Zacks Research downgraded shares of Nebius Group from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 31st. Weiss Ratings downgraded shares of Nebius Group from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Wednesday, September 9th. Finally, BNP Paribas Exane started coverage on Nebius Group in a research note on Tuesday, June 2nd. They issued a "neutral" rating and a $255.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $242.79.

Nebius Group Stock Performance

Shares of NASDAQ NBIS opened at $217.99 on Friday. The stock has a market cap of $55.16 billion, a PE ratio of -7,263.91 and a beta of 4.23. Nebius Group N.V. has a 1 year low of $73.52 and a 1 year high of $299.86. The firm has a fifty day moving average price of $212.01 and a 200-day moving average price of $190.11. The company has a debt-to-equity ratio of 0.82, a current ratio of 4.03 and a quick ratio of 4.03.

Nebius Group (NASDAQ:NBIS - Get Free Report) last issued its earnings results on Thursday, August 13th. The company reported ($0.12) earnings per share for the quarter, topping 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 company had revenue of $582.30 million during the quarter, compared to the consensus estimate of $567.91 million. During the same quarter in the prior year, the firm posted $2.38 EPS. Nebius Group's quarterly revenue was up 454% compared to the same quarter last year. Equities analysts anticipate that Nebius Group N.V. will post -3.76 earnings per share for the current fiscal year.

Nebius Group Company Profile

Nebius Group N.V. NASDAQ: NBIS is a technology company focused on artificial intelligence infrastructure and related services. Its principal business is Nebius AI, a cloud platform that provides computing, storage, networking and managed infrastructure designed to support the development and deployment of AI applications, including access to accelerated computing resources.

The company also operates or develops businesses in adjacent technology markets. These include Toloka, which provides data and evaluation services for machine-learning systems; TripleTen, an online education platform offering technology-focused training; and Avride, a developer of autonomous driving and delivery technologies.

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