BlackRock Inc. Has $3.18 Billion Stake in Nebius Group N.V. $NBIS

BlackRock Inc. increased its holdings in Nebius Group N.V. (NASDAQ:NBIS - Free Report) by 16.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,531,270 shares of the company's stock after buying an additional 1,593,684 shares during the period. BlackRock Inc. owned 4.56% of Nebius Group worth $3,184,591,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Confluence Investment Management LLC increased its holdings in Nebius Group by 2.0% in the 2nd quarter. Confluence Investment Management LLC now owns 2,475 shares of the company's stock valued at $684,000 after buying an additional 48 shares during the period. N.E.W. Advisory Services LLC grew its holdings in shares of Nebius Group by 76.0% during the 2nd quarter. N.E.W. Advisory Services LLC now owns 176 shares of the company's stock valued at $49,000 after purchasing an additional 76 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in Nebius Group by 2.7% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,977 shares of the company's stock worth $309,000 after purchasing an additional 79 shares in the last quarter. Wealth Alliance LLC grew its stake in shares of Nebius Group by 1.6% during the first quarter. Wealth Alliance LLC now owns 5,008 shares of the company's stock worth $520,000 after buying an additional 80 shares during the last quarter. Finally, Aspen Grove Capital LLC increased its holdings in shares of Nebius Group by 3.7% during the first quarter. Aspen Grove Capital LLC now owns 2,522 shares of the company's stock worth $262,000 after buying an additional 89 shares in the last quarter. 21.90% of the stock is owned by institutional investors and hedge funds.

More Nebius Group News

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

• Positive Sentiment: Analyst optimism remains a support for NBIS. DA Davidson reportedly restored a previously reduced price target after a New Jersey data-center approval removed a key capacity concern, while other coverage cited targets as high as $324. DA Davidson Reverses Course on Nebius Target Cut
• Positive Sentiment: Nebius continues to benefit from strong AI-compute demand. Recent reports highlighted rising data-center pricing, capacity expansion supported by customer backlogs, and multi-billion-dollar contracts or commitments involving major technology customers. Its latest quarter also showed 454% year-over-year revenue growth and an earnings beat.
• Positive Sentiment: Soros Fund Management’s second-quarter 13F reportedly included Nebius among a group of AI-infrastructure investments, potentially reinforcing institutional interest in the sector. 5 AI Infrastructure Stocks Soros Just Bought
• Neutral Sentiment: Two directors sold shares under pre-arranged Rule 10b5-1 plans: Charles E. Ryan sold 50,000 shares for approximately $13.3 million, reducing his stake by 15.5%, while John Wilson Iv Boynton sold 5,296 shares for about $1.4 million, reducing his ownership by 1.26%. Both directors retained substantial positions, limiting the signal’s significance. SEC Insider Transaction Filing
• Negative Sentiment: Neocloud stocks sold off broadly as the 19-year Treasury yield reached a new high and investors questioned whether AI revenue growth can justify the sector’s heavy capital spending. Nebius was among the affected operators. Neocloud Stocks Plummet on Rising Overspend Fears
• Negative Sentiment: Valuation remains a major risk. Analysts and commentators note that NBIS trades at an exceptionally high sales multiple despite projected annual losses, leaving the stock vulnerable if growth, pricing, or capacity expansion disappoints.
• Negative Sentiment: Investor Michael Burry has questioned the economics of AI-compute contracts, while the potential Crusoe IPO could introduce another competitor for capital and customer demand in AI data centers. Is This the Next CoreWeave or Nebius Group?

Insider Activity

In related news, CTO Danila Shtan sold 16,937 shares of the company'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 completion of the transaction, the chief technology officer directly owned 274,763 shares in the company, valued at approximately $64,692,948.35. The trade was a 5.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Andrey Korolenko sold 33,871 shares of the company's stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $235.45, for a total value of $7,974,926.95. Following the completion of the transaction, the insider owned 551,338 shares of the company's stock, valued at $129,812,532.10. The trade was a 5.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 186,506 shares of company stock worth $46,264,387.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on NBIS shares. BNP Paribas Exane initiated coverage on shares of Nebius Group in a report on Tuesday, June 2nd. They set a "neutral" rating and a $255.00 target price on the stock. DA Davidson reaffirmed a "neutral" rating and set a $175.00 target price on shares of Nebius Group in a report on Thursday, August 13th. Citizens Jmp lifted their target price on shares of Nebius Group from $175.00 to $270.00 and gave the stock a "market outperform" rating in a research note on Thursday, May 14th. Zacks Research lowered shares of Nebius Group from a "strong-buy" rating to a "hold" rating in a report on Friday, July 31st. Finally, Freedom Capital upgraded shares of Nebius Group from a "hold" rating to a "strong-buy" rating in a report on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $226.00.

Nebius Group Price Performance

NBIS opened at $248.43 on Wednesday. The firm has a 50-day moving average price of $224.11 and a 200-day moving average price of $170.92. Nebius Group N.V. has a twelve month low of $62.01 and a twelve month high of $299.86. 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 company has a market capitalization of $62.86 billion, a price-to-earnings ratio of -8,278.24 and a beta of 4.23.

Nebius Group (NASDAQ:NBIS - Get Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The company reported ($0.12) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.67) by $0.55. Nebius Group had a negative return on equity of 6.03% and a net margin of 4.55%.The business had revenue of $582.30 million for the quarter, compared to analysts' expectations of $567.91 million. During the same quarter in the prior year, the firm posted $2.38 EPS. The firm's quarterly revenue was up 454% on a year-over-year basis. Equities analysts expect that Nebius Group N.V. will post -3.91 EPS for the current year.

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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