CenterBook Partners LP Purchases 39,255 Shares of Nebius Group N.V. $NBIS

Key Points

• CenterBook Partners increased its Nebius stake by 272.7% in the third quarter, adding 39,255 shares to hold 53,652 shares valued at about $12.7 million. Institutional investors collectively own 21.9% of the company.
• Nebius reported quarterly revenue of $582.3 million, up 454% year over year, and a loss per share of $0.12—narrower than analysts’ expected $0.67 loss.
• Analyst views are mixed: the stock has a “Moderate Buy” consensus and an average $239.56 price target, while insiders sold 158,823 shares worth about $38.2 million during the quarter.

CenterBook Partners LP grew its holdings in shares of Nebius Group N.V. (NASDAQ:NBIS - Free Report) by 272.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 53,652 shares of the company's stock after acquiring an additional 39,255 shares during the quarter. CenterBook Partners LP's holdings in Nebius Group were worth $12,655,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of NBIS. Kestra Advisory Services LLC lifted its position in Nebius Group by 12.0% in the third quarter. Kestra Advisory Services LLC now owns 54,964 shares of the company's stock valued at $12,965,000 after purchasing an additional 5,897 shares during the last quarter. Quadcap Wealth Management LLC raised its position in shares of Nebius Group by 121.9% in the 3rd quarter. Quadcap Wealth Management LLC now owns 2,048 shares of the company's stock worth $483,000 after acquiring an additional 1,125 shares in the last quarter. Chicago Partners Investment Group LLC raised its position in shares of Nebius Group by 19.4% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 1,640 shares of the company's stock worth $260,000 after acquiring an additional 267 shares in the last quarter. Covestor Ltd lifted its stake in shares of Nebius Group by 103.3% in the 3rd quarter. Covestor Ltd now owns 1,791 shares of the company's stock valued at $422,000 after purchasing an additional 910 shares during the period. Finally, Compass Financial Management LLC bought a new stake in shares of Nebius Group during the third quarter valued at approximately $1,350,000. Institutional investors own 21.90% of the company's stock.

Insider Buying and Selling

In other news, Director Charles E. Ryan sold 50,000 shares of the firm's stock in a transaction dated 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 transaction, the director owned 272,533 shares of the company's stock, valued at $72,365,687.49. This trade represents a 15.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Danila Shtan sold 14,546 shares of Nebius Group stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $234.16, for a total value of $3,406,091.36. Following the transaction, the chief technology officer directly owned 260,217 shares in the company, valued at approximately $60,932,412.72. The trade was a 5.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders purchased 1,718 shares of company stock worth $280,207 and sold 158,823 shares worth $38,168,832.

Nebius Group Stock Performance

NBIS stock traded up $9.12 during trading on Friday, reaching $129.49. The stock had a trading volume of 24,517,387 shares, compared to its average volume of 23,231,836. Nebius Group N.V. has a 52 week low of $73.52 and a 52 week high of $299.86. The stock's 50 day moving average is $201.70 and its two-hundred day moving average is $177.70. The company has a current ratio of 4.03, a quick ratio of 4.03 and a debt-to-equity ratio of 0.82. The firm has a market cap of $32.76 billion, a PE ratio of -4,314.90 and a beta of 4.63.

Nebius Group (NASDAQ:NBIS - Get Free Report) last released its quarterly earnings results on Thursday, August 13th. The company reported ($0.12) earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to the consensus estimate of $567.91 million. During the same period in the previous year, the company posted $2.38 EPS. The business's quarterly revenue was up 454% compared to the same quarter last year. As a group, equities analysts anticipate that Nebius Group N.V. will post -3.19 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have commented on the company. Zacks Research raised Nebius Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, October 19th. Citigroup lowered their price target on Nebius Group from $324.00 to $265.00 and set a "buy" rating for the company in a research report on Wednesday. Rothschild & Co Redburn began coverage on shares of Nebius Group in a research report on Monday, September 21st. They set a "sell" rating and a $84.00 price target for the company. DA Davidson reaffirmed a "neutral" rating and issued a $175.00 price objective on shares of Nebius Group in a research report on Thursday, August 13th. Finally, Northland Securities increased their target price on Nebius Group from $248.00 to $410.00 and gave the company an "outperform" rating in a research note on Monday, July 20th. Four investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $239.56.

Nebius Group News Summary

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

• Positive Sentiment: A rival neocloud reported that AI-cloud revenue nearly tripled to $200 million, with rising contract prices suggesting demand remains firm. That helped lift sentiment across the sector and supported a recovery in Nebius after Thursday’s steep decline. Article: Nebius Soars as a Rival’s AI Cloud Beat Lifts Neoclouds
• Positive Sentiment: A broader market recovery and rally in AI stocks also contributed to the rebound. Article: Nebius Stock Rises Amid Market Recovery and AI Sector Rally
• Neutral Sentiment: Investors are looking ahead to Nebius’s next earnings report, which could clarify whether the company is delivering planned capacity and converting customer commitments into revenue. Article: CoreWeave Ready to Report Q3 as AI Stocks Crumble; Nebius Also Due
• Negative Sentiment: The rebound follows a severe recent pullback. Investors remain concerned about data-center delivery delays, heavy capital requirements, financing costs and potential shareholder dilution. Political opposition to new data centers has added uncertainty around expansion plans. Article: Nebius: The Selloff Is Testing More Than Its Valuation
• Negative Sentiment: Analyst actions have also weighed on sentiment: Citi lowered its price target to $265 from $324, while keeping a Buy rating. Article: Could Nebius Actually Climb 87%? Or Is Citi Totally Wrong?

Nebius Group Profile

Nebius Group is a technology company focused on building infrastructure for artificial intelligence. Its core business, Nebius, offers cloud computing services and access to accelerated computing resources designed to help developers and organizations train and run AI models.

The company also has businesses in areas including data services for AI, autonomous mobility and online education. Based in Amsterdam, Nebius serves customers internationally and is developing data center and computing capacity to support its AI cloud services.

Nebius Group was formerly known as Yandex N.V.

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