Engineers Gate Manager LP Cuts Position in Nebius Group N.V. $NBIS

Key Points

• Engineers Gate Manager LP reduced its Nebius Group stake by 80.9% in the second quarter, selling 17,713 shares and retaining 4,176 shares valued at approximately $1.15 million.
• Institutional interest remains significant, with several investors establishing or expanding large positions; hedge funds and other institutions collectively own 21.9% of Nebius Group.
• Nebius reported quarterly revenue of $582.3 million, up 454% year over year, and beat analysts’ EPS expectations, but it remains loss-making and faces high valuation, capital requirements, volatility and potential dilution. Analysts maintain a “Moderate Buy” consensus with an average price target of $242.79.

Engineers Gate Manager LP trimmed its holdings in shares of Nebius Group N.V. (NASDAQ:NBIS - Free Report) by 80.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,176 shares of the company's stock after selling 17,713 shares during the period. Engineers Gate Manager LP's holdings in Nebius Group were worth $1,153,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Situational Awareness LP purchased a new stake in Nebius Group during the 2nd quarter worth $1,232,895,000. Accel Leaders 4 Associates L.P. acquired a new stake in shares of Nebius Group in the second quarter valued at about $1,012,097,322. Capital Research Global Investors purchased a new stake in shares of Nebius Group during the 4th quarter valued at about $231,635,000. Jennison Associates LLC raised its holdings in shares of Nebius Group by 134.3% during the 2nd quarter. Jennison Associates LLC now owns 3,983,899 shares of the company's stock valued at $1,100,233,000 after buying an additional 2,283,676 shares during the period. Finally, Accel Leaders 3 Associates L.P. acquired a new position in Nebius Group during the 4th quarter worth approximately $188,496,000. 21.90% of the stock is currently owned by hedge funds and other institutional investors.

Nebius Group Trading Up 2.5%

Nebius Group stock opened at $223.54 on Friday. Nebius Group N.V. has a 1 year low of $73.52 and a 1 year high of $299.86. The firm's 50-day moving average is $212.09 and its 200-day moving average is $190.34. The company has a debt-to-equity ratio of 0.82, a quick ratio of 4.03 and a current ratio of 4.03. The company has a market cap of $56.56 billion, a P/E ratio of -7,448.85 and a beta of 4.23.

Nebius Group (NASDAQ:NBIS - Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported ($0.12) earnings per share for the quarter, beating analysts' consensus estimates of ($0.67) by $0.55. Nebius Group had a net margin of 4.55% and a negative return on equity of 6.03%. The business had revenue of $582.30 million during the quarter, compared to the consensus estimate of $567.91 million. During the same quarter in the prior year, the firm earned $2.38 EPS. The company's revenue for the quarter was up 454% compared to the same quarter last year. On average, equities analysts expect that Nebius Group N.V. will post -3.76 earnings per share for the current year.

Key Nebius Group News

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

• Positive Sentiment: Nebius plans to raise pay-as-you-go rates for selected Nvidia GPUs and AMD CPUs beginning October 1. Nvidia H100 pricing will increase about 17%, from $3.85 to $4.50 per hour, while newer B300 pricing will rise roughly 21%, from $7.85 to $9.50. This is the company’s second price increase in three months and suggests customers continue to accept higher costs amid tight AI-compute supply. Reuters article on Nebius price increases
• Positive Sentiment: Analyst commentary argues that repeated GPU and CPU price hikes, including auction-based pricing, could improve Nebius’ margins and strengthen its position against larger hyperscalers. Customer prepayments and short-term contracts may also reduce AI-infrastructure payback periods to less than two years, supporting further capacity expansion. Seeking Alpha analysis of Nebius pricing
• Positive Sentiment: The pricing news has provided a fresh indication that AI spending demand may be holding up better than feared. Investors are interpreting Nebius’ ability to increase rates—even for older H100 chips—as evidence that the anticipated AI-compute slowdown has not materially emerged. Yahoo Finance article on AI spending demand
• Neutral Sentiment: Chief Revenue Officer Marc Boroditsky sold 7,000 shares for approximately $1.46 million under a pre-arranged Rule 10b5-1 trading plan. He retained 5,000 shares, making the transaction a limited standalone signal of insider sentiment. SEC Form 4 filing
• Negative Sentiment: Despite the bullish pricing developments, Nebius remains exposed to substantial capital requirements, continuing losses and potential equity dilution as it builds AI capacity. The stock’s high valuation and volatility leave limited room for execution setbacks.
• Negative Sentiment: Recent bearish commentary has also cited AI-safety concerns, sector rotation and questions about whether Nebius can convert its backlog into revenue quickly enough to offset liquidity pressure from aggressive expansion. The insider sale may add a modest overhang, even though it was scheduled.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on NBIS. DA Davidson restated a "neutral" rating and issued a $175.00 price target on shares of Nebius Group in a report on Thursday, August 13th. Zacks Research cut shares of Nebius Group from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 31st. Bank of America upped their target price on shares of Nebius Group from $240.00 to $280.00 and gave the company a "buy" rating in a research note on Monday, June 8th. Northland Securities raised their price target on shares of Nebius Group from $248.00 to $410.00 and gave the company an "outperform" rating in a report on Monday, July 20th. Finally, Citigroup raised their price target on shares of Nebius Group from $278.00 to $324.00 and gave the company a "buy" rating in a report on Friday, August 14th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $242.79.

Insider Activity at Nebius Group

In other news, CTO Danila Shtan sold 16,937 shares of the company's stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $235.45, for a total transaction of $3,987,816.65. Following the completion of the transaction, the chief technology officer owned 274,763 shares in the company, valued at approximately $64,692,948.35. This represents a 5.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Charles Ryan sold 50,000 shares of the stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $265.53, for a total transaction of $13,276,500.00. Following the completion of the sale, the director directly owned 272,533 shares in the company, valued at approximately $72,365,687.49. This trade represents a 15.50% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 160,201 shares of company stock valued at $39,208,414.

About Nebius Group

Nebius Group N.V. NASDAQ: NBIS is a technology company focused on artificial intelligence infrastructure and related services. Its principal business is Nebius AI, a cloud platform that provides computing, storage, networking and managed infrastructure designed to support the development and deployment of AI applications, including access to accelerated computing resources.

The company also operates or develops businesses in adjacent technology markets. These include Toloka, which provides data and evaluation services for machine-learning systems; TripleTen, an online education platform offering technology-focused training; and Avride, a developer of autonomous driving and delivery technologies.

Want to see what other hedge funds are holding NBIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nebius Group N.V. (NASDAQ:NBIS - Free Report).

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.