Nebius Group N.V. $NBIS Shares Acquired by Zurcher Kantonalbank Zurich Cantonalbank

Key Points

• Zurcher Kantonalbank massively increased its stake in Nebius Group by 34,371.3% in Q4, buying an additional 93,490 shares to hold 93,762 shares worth about $7.85 million.
• Nebius missed expectations in its latest quarter with EPS of -$0.69 (vs. -$0.42 est.) and revenue of $227.7M (vs. $246.1M est.), yet analysts maintain a “Moderate Buy” consensus with an average target of about $154.75.
• Company insiders have been net sellers, disposing of 129,740 shares worth roughly $14.67 million in the last quarter, including sales by CTO Danila Shtan and Director Elena Bunina.

Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Nebius Group N.V. (NASDAQ:NBIS - Free Report) by 34,371.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 93,762 shares of the company's stock after purchasing an additional 93,490 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank's holdings in Nebius Group were worth $7,848,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of NBIS. Blue Trust Inc. increased its stake in Nebius Group by 73.8% during the 4th quarter. Blue Trust Inc. now owns 332 shares of the company's stock valued at $28,000 after purchasing an additional 141 shares in the last quarter. Armstrong Advisory Group Inc. increased its stake in shares of Nebius Group by 500.0% in the fourth quarter. Armstrong Advisory Group Inc. now owns 360 shares of the company's stock worth $30,000 after acquiring an additional 300 shares during the period. NewEdge Advisors LLC acquired a new stake in shares of Nebius Group in the first quarter worth $40,000. Western Pacific Wealth Management LP acquired a new stake in shares of Nebius Group in the third quarter worth $45,000. Finally, SOA Wealth Advisors LLC. increased its stake in shares of Nebius Group by 38.5% in the third quarter. SOA Wealth Advisors LLC. now owns 450 shares of the company's stock worth $51,000 after acquiring an additional 125 shares during the period. Institutional investors and hedge funds own 21.90% of the company's stock.

Nebius Group Stock Up 0.6%

NBIS stock opened at $157.08 on Friday. The firm has a market cap of $39.55 billion, a PE ratio of -107.59 and a beta of 4.20. The company has a debt-to-equity ratio of 0.89, a quick ratio of 6.57 and a current ratio of 3.08. The firm's fifty day moving average is $116.65 and its 200 day moving average is $105.69. Nebius Group N.V. has a one year low of $21.45 and a one year high of $168.71.

Nebius Group (NASDAQ:NBIS - Get Free Report) last released its quarterly earnings results on Thursday, February 12th. The company reported ($0.69) EPS for the quarter, missing the consensus estimate of ($0.42) by ($0.27). The firm had revenue of $227.70 million for the quarter, compared to analyst estimates of $246.05 million. Nebius Group had a net margin of 19.02% and a negative return on equity of 11.70%. On average, research analysts forecast that Nebius Group N.V. will post -2.44 EPS for the current year.

Analyst Upgrades and Downgrades

NBIS has been the topic of a number of research reports. DA Davidson increased their price objective on shares of Nebius Group from $150.00 to $200.00 and gave the stock a "buy" rating in a research note on Monday, March 16th. Compass Point initiated coverage on shares of Nebius Group in a research note on Wednesday, February 18th. They issued a "buy" rating and a $150.00 price objective on the stock. Bank of America initiated coverage on shares of Nebius Group in a research note on Tuesday, March 24th. They issued a "buy" rating and a $150.00 price objective on the stock. Wolfe Research initiated coverage on shares of Nebius Group in a research note on Thursday, April 16th. They issued a "peer perform" rating on the stock. Finally, Morgan Stanley initiated coverage on shares of Nebius Group in a research note on Thursday, January 15th. They issued an "equal weight" rating and a $126.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $154.75.

Insider Activity at Nebius Group

In related news, CTO Danila Shtan sold 13,489 shares of the firm's stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $98.78, for a total transaction of $1,332,443.42. Following the sale, the chief technology officer owned 307,378 shares in the company, valued at approximately $30,362,798.84. This trade represents a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Elena Bunina sold 6,250 shares of the firm's stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $161.22, for a total transaction of $1,007,625.00. Following the sale, the director owned 38,367 shares in the company, valued at approximately $6,185,527.74. This represents a 14.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 129,740 shares of company stock valued at $14,672,401 in the last quarter.

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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