Nebius Group N.V. $NBIS Shares Purchased by Royal London Asset Management Ltd.

Key Points

• Royal London Asset Management increased its Nebius stake by 759% in the second quarter, holding 195,210 shares worth approximately $53.9 million. Institutional investors collectively own 21.9% of NBIS.
• Nebius reported quarterly revenue of $582.3 million, up 454% year over year, and adjusted earnings per share of $(0.12), beating the consensus estimate of $(0.67).
• Analysts maintain a “Moderate Buy” consensus with an average price target of $226, though insider selling and NBIS’s sharp annual gain and elevated valuation remain potential risks.

Royal London Asset Management Ltd. grew its stake in Nebius Group N.V. (NASDAQ:NBIS - Free Report) by 759.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 195,210 shares of the company's stock after acquiring an additional 172,484 shares during the quarter. Royal London Asset Management Ltd. owned about 0.08% of Nebius Group worth $53,911,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of NBIS. Allied Private Wealth LLC purchased a new stake in shares of Nebius Group in the second quarter valued at $25,000. Sarver Vrooman Wealth Advisors acquired a new position in Nebius Group in the second quarter valued at $28,000. GoalVest Advisory LLC acquired a new position in Nebius Group in the second quarter valued at $28,000. N.E.W. Advisory Services LLC grew its position in Nebius Group by 76.0% during the second quarter. N.E.W. Advisory Services LLC now owns 176 shares of the company's stock valued at $49,000 after acquiring an additional 76 shares during the period. Finally, Continuum Advisory LLC purchased a new stake in Nebius Group during the second quarter valued at about $52,000. Hedge funds and other institutional investors own 21.90% of the company's stock.

Nebius Group Stock Performance

Shares of NBIS opened at $209.18 on Friday. The business's 50 day moving average is $217.95 and its two-hundred day moving average is $177.67. Nebius Group N.V. has a 52-week low of $63.26 and a 52-week high of $299.86. The firm has a market cap of $52.93 billion, a price-to-earnings ratio of -6,970.34 and a beta of 4.23. The company has a quick ratio of 4.03, a current ratio of 4.03 and a debt-to-equity ratio of 0.82.

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

Wall Street Analyst Weigh In

A number of analysts recently issued reports on NBIS shares. Citizens Jmp increased their target price on shares of Nebius Group from $175.00 to $270.00 and gave the stock a "market outperform" rating in a research report on Thursday, May 14th. Freedom Capital raised shares of Nebius Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, July 20th. Piper Sandler started coverage on shares of Nebius Group in a research note on Monday, August 3rd. They set a "neutral" rating and a $224.00 price objective for the company. DA Davidson reissued a "neutral" rating and issued a $175.00 price objective on shares of Nebius Group in a research report on Thursday, August 13th. Finally, Morgan Stanley increased their price objective on shares of Nebius Group from $126.00 to $144.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, Nebius Group has a consensus rating of "Moderate Buy" and a consensus target price of $226.00.

Insider Activity

In other news, CTO Danila Shtan sold 16,937 shares of the business's stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $235.45, for a total value of $3,987,816.65. Following the completion of the sale, the chief technology officer owned 274,763 shares of the company's stock, valued at approximately $64,692,948.35. The trade was a 5.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Charles E. Ryan sold 50,000 shares of the business's 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 of the company's stock, valued at $72,365,687.49. The trade was 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. Insiders sold a total of 186,506 shares of company stock worth $46,264,387 over the last ninety days.

Nebius Group News Roundup

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

• Positive Sentiment: Nebius received a powerful boost from a reported $5.75 billion funding haul, easing concerns about how it will finance its planned AI expansion. The funding strengthens the company’s ability to build computing and data-center capacity, a key potential catalyst for future growth. What's Going On With Nebius Stock Thursday
• Positive Sentiment: Strong results from Nvidia reinforced expectations for sustained AI demand. Because Nebius is positioned as an AI infrastructure provider, investors interpreted Nvidia’s outlook as supportive of continued demand for GPUs, cloud capacity and data-center services. Nebius stock outlook as Nvidia predicts robust AI growth
• Positive Sentiment: Palo Alto Networks’ CEO reportedly described Nebius as operating in “a different league,” highlighting the scarcity of high-performance computing capacity and the pricing power available to companies with GPUs and data-center infrastructure. Palo Alto Networks' CEO Says Nebius Is in a Different League
• Neutral Sentiment: Broader technology-sector strength and improving technical and sentiment indicators could provide a favorable backdrop for high-growth AI stocks, although this is a market-wide factor rather than a Nebius-specific development. Why the Summer Slump is Setting Up Wall Street's Next Rally
• Negative Sentiment: Valuation is the main counterweight. Shares have gained about 203% over the past year, suggesting that considerable AI growth is already reflected in the price. Investors are questioning whether the expansion plans justify the premium valuation, leaving NBIS vulnerable to profit-taking or disappointment if execution slows. Is Nebius Group Priced For Perfection On AI Growth?

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.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source