Bank of New York Mellon Corp Has $121.98 Million Position in Nebius Group N.V. $NBIS

Key Points

• Bank of New York Mellon increased its Nebius Group stake by 30.1% in the second quarter, owning 441,672 shares worth approximately $121.98 million, or 0.17% of the company.
• Institutional investors and hedge funds own 21.9% of Nebius, while several smaller investment firms also initiated or expanded positions during the quarter.
• Nebius reported quarterly revenue of $582.3 million, up 454% year over year, and beat EPS expectations; however, insiders sold 186,506 shares worth $46.3 million over the past 90 days, adding potential selling pressure.

Bank of New York Mellon Corp boosted its stake in Nebius Group N.V. (NASDAQ:NBIS - Free Report) by 30.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 441,672 shares of the company's stock after purchasing an additional 102,210 shares during the quarter. Bank of New York Mellon Corp owned about 0.17% of Nebius Group worth $121,977,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Allied Private Wealth LLC acquired a new stake in Nebius Group in the 2nd quarter valued at $25,000. Sarver Vrooman Wealth Advisors acquired a new position in shares of Nebius Group during the second quarter valued at about $28,000. GoalVest Advisory LLC acquired a new position in shares of Nebius Group during the second quarter valued at about $28,000. MassMutual Private Wealth & Trust FSB increased its position in shares of Nebius Group by 95.7% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 229 shares of the company's stock worth $63,000 after acquiring an additional 112 shares in the last quarter. Finally, Sound Income Strategies LLC increased its position in shares of Nebius Group by 62.5% during the first quarter. Sound Income Strategies LLC now owns 260 shares of the company's stock worth $27,000 after acquiring an additional 100 shares in the last quarter. 21.90% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Nebius Group

In other Nebius Group news, Director Charles E. Ryan sold 50,000 shares of the company'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 completion of the transaction, the director owned 272,533 shares in the company, valued at $72,365,687.49. This represents a 15.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Danila Shtan sold 16,937 shares of the firm's 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. This represents a 5.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 186,506 shares of company stock valued at $46,264,387 in the last ninety days.

Key Stories Impacting Nebius Group

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

• Positive Sentiment: Nebius reportedly raised its convertible-note offering to $5 billion to fund additional AI cloud capacity. The company’s strong revenue growth, customer demand and recent earnings beat support management’s expansion strategy. Nebius Group announces pricing of upsized private offering
• Positive Sentiment: Wolfe Research sees Nebius’ annual recurring revenue potentially increasing tenfold over the next four years, offering a bullish long-term view if AI compute demand and customer contracts continue to scale. Wall Street Says Nebius Group ARR Can 10X in 4 Years
• Positive Sentiment: Reports that Nebius is in discussions involving Decart AI have generated interest because Decart’s technology could materially improve GPU inference efficiency. The company is also benefiting from a broader shortage of AI computing capacity. Nebius targets Decart AI
• Neutral Sentiment: Analyst commentary remains divided: some investors highlight rapid growth, customer prepayments and long-term contracts, while comparisons with Super Micro favor the latter on valuation and earnings visibility. Nebius: The Market Is Arguing About The Wrong Number
• Negative Sentiment: The enlarged convertible financing has intensified dilution concerns. The deal includes $3 billion of 0.50% notes due 2030 and $2 billion of 4.50% notes due 2034; conversion into shares could reduce existing investors’ ownership and pressure the stock. Nebius prices upsized convertible debt offering
• Negative Sentiment: Reports of insider selling have added to near-term selling pressure and raised concern after the stock’s substantial advance. Nebius stock price after insider selling
• Negative Sentiment: BCA Research and Michael Burry warned that heavily financed “neocloud” companies could face commoditized pricing, excessive leverage and poor returns on capital if AI infrastructure supply outpaces profitable demand. BCA Research warning on Nebius

Nebius Group Price Performance

Nebius Group stock opened at $219.13 on Monday. Nebius Group N.V. has a fifty-two week low of $63.26 and a fifty-two week high of $299.86. The stock has a market cap of $55.44 billion, a PE ratio of -7,301.90 and a beta of 4.23. The firm's 50-day simple moving average is $224.05 and its 200 day simple moving average is $173.70. The company has a debt-to-equity ratio of 0.82, a quick ratio of 4.03 and a current ratio of 4.03.

Nebius Group (NASDAQ:NBIS - Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported ($0.12) EPS for the quarter, beating the consensus estimate of ($0.67) by $0.55. The firm had revenue of $582.30 million during the quarter, compared to analyst estimates of $567.91 million. Nebius Group had a net margin of 4.55% and a negative return on equity of 6.03%. The company's revenue for the quarter was up 454% on a year-over-year basis. During the same quarter last year, the business posted $2.38 EPS. Research analysts predict that Nebius Group N.V. will post -4.24 EPS for the current fiscal year.

Analysts Set New Price Targets

NBIS has been the topic of several recent research reports. Wall Street Zen raised shares of Nebius Group from a "strong sell" rating to a "sell" rating in a research report on Sunday, August 16th. Zacks Research lowered Nebius Group from a "strong-buy" rating to a "hold" rating in a report on Friday, July 31st. Freedom Capital raised Nebius Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, July 20th. Citigroup raised their target price on Nebius Group from $278.00 to $324.00 and gave the company a "buy" rating in a report on Friday, August 14th. Finally, Robert W. Baird lifted their target price on Nebius Group from $250.00 to $340.00 and gave the company an "outperform" rating in a research report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the company's stock. According to MarketBeat, Nebius Group currently has a consensus rating of "Moderate Buy" and a consensus target price of $226.00.

Nebius Group Company Profile

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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