Nebius Group N.V. $NBIS Shares Newly Acquired by Privium Fund Management B.V.

Key Points

• Privium Fund Management initiated a stake of 40,000 Nebius shares, worth about $9.4 million, making NBIS 1.8% of its portfolio and its 17th-largest holding.
• Several other investment firms increased their NBIS positions in the third quarter; institutional investors and hedge funds collectively own 21.9% of the stock.
• Nebius reported quarterly revenue up 454% year over year and beat analyst estimates, but investors remain wary of data-center delays, high capital needs and possible dilution. Analysts’ consensus rating is Moderate Buy, with an average price target of $239.56.

Privium Fund Management B.V. bought a new stake in Nebius Group N.V. (NASDAQ:NBIS - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 40,000 shares of the company's stock, valued at approximately $9,435,000. Nebius Group comprises 1.8% of Privium Fund Management B.V.'s investment portfolio, making the stock its 17th largest position.

A number of other large investors have also recently made changes to their positions in NBIS. Alps Advisors Inc. increased its position in Nebius Group by 222.1% during the third quarter. Alps Advisors Inc. now owns 14,561 shares of the company's stock worth $3,435,000 after buying an additional 10,041 shares during the period. CenterBook Partners LP boosted its holdings in shares of Nebius Group by 272.7% in the third quarter. CenterBook Partners LP now owns 53,652 shares of the company's stock valued at $12,655,000 after acquiring an additional 39,255 shares during the period. Kestra Advisory Services LLC boosted its holdings in shares of 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 acquiring an additional 5,897 shares during the period. Quadcap Wealth Management LLC boosted its holdings in shares of Nebius Group by 121.9% in the third quarter. Quadcap Wealth Management LLC now owns 2,048 shares of the company's stock valued at $483,000 after acquiring an additional 1,125 shares during the period. Finally, Chicago Partners Investment Group LLC grew its position in shares of Nebius Group by 19.4% during the third 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 during the last quarter. 21.90% of the stock is owned by institutional investors and hedge funds.

Nebius Group Stock Performance

Shares of Nebius Group stock traded up $9.12 during trading hours on Friday, hitting $129.49. 24,517,387 shares of the company were exchanged, compared to its average volume of 23,231,836. 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 business has a 50-day moving average of $201.70 and a 200-day moving average of $177.70. Nebius Group N.V. has a 1 year low of $73.52 and a 1 year high of $299.86. The stock has a market capitalization of $32.76 billion, a price-to-earnings ratio of -4,314.90 and a beta of 4.63.

Nebius Group (NASDAQ:NBIS - Get Free Report) last posted 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 firm had revenue of $582.30 million for the quarter, compared to analyst estimates of $567.91 million. During the same period last year, the firm posted $2.38 EPS. Nebius Group's quarterly revenue was up 454% on a year-over-year basis. As a group, analysts expect that Nebius Group N.V. will post -3.19 EPS for the current fiscal year.

Key Stories Impacting Nebius Group

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?

Wall Street Analyst Weigh In

Several research firms recently commented on NBIS. BNP Paribas Exane upgraded shares of Nebius Group from a "neutral" rating to an "outperform" rating and upped their price target for the company from $260.00 to $399.00 in a research report on Thursday, September 24th. Citigroup lowered their price objective on shares of Nebius Group from $324.00 to $265.00 and set a "buy" rating on the stock in a research report on Wednesday. Wall Street Zen raised shares of Nebius Group from a "strong sell" rating to a "sell" rating in a research report on Sunday, August 16th. Northland Securities lifted their price objective on shares of Nebius Group from $248.00 to $410.00 and gave the company an "outperform" rating in a research note on Monday, July 20th. Finally, Robert W. Baird upped their target price on shares of Nebius Group from $250.00 to $340.00 and gave the company an "outperform" rating in a report on Thursday, August 13th. Four equities research 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 issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $239.56.

Insider Buying and Selling at Nebius Group

In related news, CEO Arkadiy Volozh sold 37,778 shares of the firm's stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $234.16, for a total value of $8,846,096.48. Following the completion of the sale, the chief executive officer owned 785,236 shares in the company, valued at $183,870,861.76. This trade represents a 4.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Charles E. Ryan sold 50,000 shares of Nebius Group stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $265.53, for a total value of $13,276,500.00. Following the completion of the sale, the director directly owned 272,533 shares in the company, valued at $72,365,687.49. This 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. Over the last quarter, insiders acquired 1,718 shares of company stock valued at $280,207 and sold 158,823 shares valued at $38,168,832.

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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