Nebius Group N.V. $NBIS Shares Bought by J.W. Cole Advisors Inc.

Key Points

• J.W. Cole Advisors grew its stake in Nebius by 123.9% in Q3, buying 18,533 shares to hold 33,488 shares valued at $3.76 million.
• Nebius shares were trading down 10.3% (opened at $73.87) with 50‑day/200‑day moving averages of $93.30/$91.47, a market cap of $18.6 billion and a negative P/E of -95.94.
• Analyst coverage is mixed but the consensus is a Moderate Buy with a $142.38 target, while institutional investors own about 21.90% of the stock and Orbis Allan Gray holds roughly 17.65 million shares (~$976.7M).

J.W. Cole Advisors Inc. grew its stake in Nebius Group N.V. (NASDAQ:NBIS - Free Report) by 123.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 33,488 shares of the company's stock after purchasing an additional 18,533 shares during the quarter. J.W. Cole Advisors Inc.'s holdings in Nebius Group were worth $3,760,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Orbis Allan Gray Ltd grew its holdings in shares of Nebius Group by 12.4% during the second quarter. Orbis Allan Gray Ltd now owns 17,651,930 shares of the company's stock valued at $976,681,000 after purchasing an additional 1,949,708 shares during the last quarter. Invesco Ltd. boosted its position in Nebius Group by 2.7% during the 2nd quarter. Invesco Ltd. now owns 3,587,811 shares of the company's stock valued at $198,514,000 after purchasing an additional 92,710 shares during the period. Rovida Advisors Inc. bought a new position in Nebius Group during the 2nd quarter worth $96,223,000. Gilder Gagnon Howe & Co. LLC acquired a new stake in Nebius Group in the second quarter worth $49,337,000. Finally, JPMorgan Chase & Co. increased its position in Nebius Group by 297.4% in the second quarter. JPMorgan Chase & Co. now owns 848,336 shares of the company's stock worth $46,938,000 after buying an additional 634,838 shares during the period. Institutional investors own 21.90% of the company's stock.

Nebius Group Trading Down 10.3%

NASDAQ:NBIS opened at $73.87 on Friday. The business's fifty day moving average price is $93.30 and its 200 day moving average price is $91.47. The firm has a market capitalization of $18.60 billion, a price-to-earnings ratio of -95.94 and a beta of 3.90. Nebius Group N.V. has a 1-year low of $18.31 and a 1-year high of $141.10.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Wall Street Zen lowered shares of Nebius Group from a "hold" rating to a "sell" rating in a research note on Saturday, November 15th. Weiss Ratings downgraded Nebius Group from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Thursday, January 15th. CICC Research started coverage on Nebius Group in a research report on Tuesday, November 11th. They issued an "outperform" rating and a $143.00 target price on the stock. Freedom Capital raised Nebius Group to a "strong-buy" rating in a research note on Tuesday. Finally, Citizens Jmp started coverage on Nebius Group in a research note on Wednesday, November 19th. They issued a "market outperform" rating and a $175.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $142.38.

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.

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