Capelight Capital Asset Management LP Purchases 40,000 Shares of Nebius Group N.V. $NBIS

Key Points

• Capelight Capital Asset Management acquired 40,000 Nebius Group shares worth approximately $9.4 million, making NBIS about 3.7% of its portfolio and its sixth-largest holding. Institutional investors collectively own 21.9% of the stock.
• Nebius reported 454% year-over-year revenue growth and better-than-expected quarterly losses, but remains unprofitable. Shares opened at $158.74, well below their 52-week high of $299.86, amid significant volatility.
• Analyst sentiment is mixed: the stock has a “Moderate Buy” consensus and a $243.25 average price target, while Piper Sandler lowered its target to $185 and other analysts issued sell ratings. Insider selling has substantially outweighed insider buying over the past 90 days.

Capelight Capital Asset Management LP acquired a new position in Nebius Group N.V. (NASDAQ:NBIS - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 40,000 shares of the company's stock, valued at approximately $9,435,000. Nebius Group comprises about 3.7% of Capelight Capital Asset Management LP's portfolio, making the stock its 6th biggest position.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Allied Private Wealth LLC purchased a new stake in Nebius Group during the second quarter valued at about $25,000. Sarver Vrooman Wealth Advisors purchased a new position in shares of Nebius Group in the second quarter worth about $28,000. GoalVest Advisory LLC purchased a new position in shares of Nebius Group in the second quarter worth about $28,000. Wealth Enhancement Trust Services Inc. increased its stake in shares of Nebius Group by 227.1% in the third quarter. Wealth Enhancement Trust Services Inc. now owns 157 shares of the company's stock worth $37,000 after purchasing an additional 109 shares in the last quarter. Finally, Eastern Bank raised its position in shares of Nebius Group by 66.3% in the third quarter. Eastern Bank now owns 158 shares of the company's stock valued at $37,000 after purchasing an additional 63 shares during the period. 21.90% of the stock is currently owned by institutional investors.

Insider Transactions at Nebius Group

In other news, insider Andrey Korolenko sold 29,090 shares of the firm's stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $234.16, for a total value of $6,811,714.40. Following the completion of the transaction, the insider directly owned 522,248 shares in the company, valued at approximately $122,289,591.68. This trade represents a 5.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Arne Grimme acquired 148 shares of Nebius Group stock in a transaction that occurred on Monday, October 19th. The shares were purchased at an average cost of $169.99 per share, with a total value of $25,158.52. Following the purchase, the director owned 6,329 shares of the company's stock, valued at $1,075,866.71. This represents a 2.39% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders bought 595 shares of company stock valued at $100,030 and sold 158,490 shares valued at $38,111,200.

Nebius Group Stock Performance

Shares of NBIS opened at $158.74 on Monday. The stock's 50-day simple moving average is $216.81 and its 200 day simple moving average is $209.55. The stock has a market capitalization of $40.16 billion, a price-to-earnings ratio of -5,289.57 and a beta of 4.18. 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 N.V. has a 52-week low of $73.52 and a 52-week high of $299.86.

Nebius Group (NASDAQ:NBIS - Get Free Report) last issued its earnings results on Thursday, August 13th. The company reported ($0.12) EPS for the quarter, topping the consensus estimate of ($0.67) by $0.55. The business had revenue of $582.30 million during the quarter, compared to the consensus estimate of $567.91 million. Nebius Group had a negative return on equity of 6.03% and a net margin of 4.55%. The firm's revenue was up 454% compared to the same quarter last year. During the same quarter last year, the company earned $2.38 EPS. Research analysts forecast that Nebius Group N.V. will post -3.19 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently commented on the stock. William Blair started coverage on shares of Nebius Group in a research note on Wednesday, September 30th. They set an "outperform" rating on the stock. Rothschild & Co Redburn started coverage on shares of Nebius Group in a report on Monday, September 21st. They issued a "sell" rating and a $84.00 price objective for the company. Piper Sandler cut their price objective on shares of Nebius Group from $237.00 to $185.00 and set a "neutral" rating for the company in a report on Wednesday, October 21st. Weiss Ratings lowered shares of Nebius Group from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Thursday, October 15th. Finally, President Capital began coverage on shares of Nebius Group in a report on Tuesday, June 30th. They set a "buy" rating on the stock. Four analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Nebius Group has a consensus rating of "Moderate Buy" and a consensus price target of $243.25.

Trending Headlines about Nebius Group

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

• Positive Sentiment: Nebius secured a $3.5 billion senior secured bridge facility from Citi to fund data-center development, GPU purchases and corporate needs. The financing provides capital to expand its NVIDIA-powered AI cloud footprint and could support long-term revenue growth. Reuters report on Nebius’ Citi facility
• Positive Sentiment: Management is increasing transparency and customer flexibility through live GPU spot pricing and capacity-rebate programs. Its expanded NVIDIA collaboration, including secure AI-agent deployment and robotics initiatives, may help demonstrate demand for Nebius’ infrastructure. Nebius AI infrastructure expansion
• Positive Sentiment: One Wall Street ratings firm reportedly sees potential for roughly 2.5-times returns after the recent selloff, while broader bullish commentary argues that AI infrastructure spending remains in its early stages. Wall Street outlook for Nebius
• Neutral Sentiment: Nebius briefly participated in a broader cloud-sector rebound, but the move has not eliminated concerns about valuation, execution and financing. Its prior quarter showed revenue growth of 454% year over year and an adjusted loss better than estimates, although profitability remains limited.
• Negative Sentiment: The Citi facility intensified concerns that Nebius is relying on debt to finance a capital-intensive buildout. Investors are also watching the possibility of additional asset-backed borrowing, elevated borrowing costs and a funding gap across AI data-center companies. Nebius debt concerns
• Negative Sentiment: Piper Sandler issued a pessimistic outlook and cut its price target from $237 to $185 while maintaining a neutral rating. The action adds pressure after Nebius lost substantial value from its peak. Piper Sandler forecast for Nebius
• Negative Sentiment: Short sellers have profited from declines in AI data-center stocks, and distress in comparable company CoreWeave’s bonds has raised fears that high capital expenditures, excess capacity and weak financing conditions could spread across the neocloud industry. Short-selling pressure on AI data-center stocks

Nebius Group Company Profile

Nebius Group N.V. is a technology company focused on providing cloud infrastructure and services for artificial intelligence and machine learning applications. Through its Nebius AI division, the company offers access to high-performance computing, graphics processing units (GPUs), storage, networking, and related tools designed to help businesses and developers train, deploy, and operate AI models.

The company also operates or supports other technology businesses, including Toloka, an AI data and evaluation platform; TripleTen, an online education provider focused on technology careers; and Avride, a developer of autonomous driving and delivery technologies.

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