CloudAlpha Capital Management Limited Hong Kong Makes New $41.69 Million Investment in Nebius Group N.V. $NBIS

Key Points

• CloudAlpha Capital Management (Hong Kong) purchased 371,310 shares of Nebius Group (NASDAQ:NBIS) in Q3, a position valued at about $41.69 million, representing roughly 0.16% of Nebius and about 1.5% of CloudAlpha's holdings (its 10th largest holding).
• Analysts have a consensus rating of “Moderate Buy” with a consensus price target of $142.38, though individual ratings range from Strong Buy to Sell.
• Nebius Group is an AI/cloud company offering infrastructure and GenAI services (Nebius AI and Toloka AI) for data annotation, model training/fine‑tuning and AI deployment.

CloudAlpha Capital Management Limited Hong Kong bought a new stake in shares of Nebius Group N.V. (NASDAQ:NBIS - Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 371,310 shares of the company's stock, valued at approximately $41,687,000. Nebius Group makes up about 1.5% of CloudAlpha Capital Management Limited Hong Kong's holdings, making the stock its 10th biggest holding. CloudAlpha Capital Management Limited Hong Kong owned about 0.16% of Nebius Group at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Assetmark Inc. grew its position in shares of Nebius Group by 102.0% during the 2nd quarter. Assetmark Inc. now owns 602 shares of the company's stock valued at $33,000 after purchasing an additional 304 shares in the last quarter. LRI Investments LLC boosted its stake in Nebius Group by 85.4% during the second quarter. LRI Investments LLC now owns 673 shares of the company's stock valued at $37,000 after buying an additional 310 shares during the period. NewEdge Advisors LLC purchased a new position in Nebius Group during the first quarter worth about $40,000. Western Pacific Wealth Management LP bought a new position in Nebius Group in the 3rd quarter worth about $45,000. Finally, Grove Bank & Trust purchased a new stake in shares of Nebius Group in the 3rd quarter valued at about $50,000. Hedge funds and other institutional investors own 21.90% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on NBIS shares. Freedom Capital upgraded shares of Nebius Group to a "strong-buy" rating in a research report on Tuesday, February 3rd. DA Davidson restated a "buy" rating and set a $150.00 price objective on shares of Nebius Group in a research report on Wednesday, November 12th. Weiss Ratings lowered shares of Nebius Group from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Thursday, January 15th. Wall Street Zen downgraded Nebius Group from a "hold" rating to a "sell" rating in a research report on Saturday, November 15th. Finally, Northland Securities upped their price objective on Nebius Group from $206.00 to $211.00 and gave the stock an "outperform" rating in a report on Wednesday, November 12th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, Nebius Group has a consensus rating of "Moderate Buy" and a consensus price target of $142.38.

Nebius Group Trading Up 7.9%

Shares of NASDAQ:NBIS opened at $92.88 on Tuesday. The stock has a market capitalization of $23.39 billion, a P/E ratio of -120.62 and a beta of 3.91. The stock's 50-day moving average price is $92.97 and its 200-day moving average price is $92.55. Nebius Group N.V. has a 12-month low of $18.31 and a 12-month high of $141.10.

About Nebius Group

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.