Nebius Group N.V. $NBIS Shares Sold by Envestnet Asset Management Inc.

Key Points

• Envestnet Asset Management reduced its Nebius Group stake by 20.4% in the second quarter, selling 67,914 shares and retaining 264,254 shares worth approximately $73.0 million. Institutional investors collectively own 21.9% of the stock, while BlackRock and other major firms increased their positions.
• Nebius reported strong operating momentum, with quarterly revenue of $582.3 million—up 454% year over year—and an adjusted loss of $0.12 per share, better than analyst expectations. Analysts remain broadly constructive, with a consensus “Moderate Buy” rating and a $241.80 price target, although ratings range from bullish targets above $400 to a $84 sell target.
• Valuation and funding risks remain significant. Insiders sold 182,587 shares worth $43.6 million over the past 90 days, while the company faces heavy capital requirements to expand its AI data-center and GPU capacity amid broader pressure on high-valued neocloud stocks.

Envestnet Asset Management Inc. trimmed its holdings in shares of Nebius Group N.V. (NASDAQ:NBIS - Free Report) by 20.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 264,254 shares of the company's stock after selling 67,914 shares during the period. Envestnet Asset Management Inc. owned approximately 0.10% of Nebius Group worth $72,979,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. BlackRock Inc. grew its position in Nebius Group by 16.0% during the second quarter. BlackRock Inc. now owns 11,531,270 shares of the company's stock valued at $3,184,591,000 after purchasing an additional 1,593,684 shares in the last quarter. Situational Awareness LP acquired a new position in shares of Nebius Group in the second quarter worth $1,232,895,000. State Street Corp increased its stake in shares of Nebius Group by 16.2% in the second quarter. State Street Corp now owns 4,069,875 shares of the company's stock worth $1,123,977,000 after acquiring an additional 568,415 shares during the last quarter. Jennison Associates LLC raised its holdings in shares of Nebius Group by 134.3% during the second quarter. Jennison Associates LLC now owns 3,983,899 shares of the company's stock worth $1,100,233,000 after acquiring an additional 2,283,676 shares in the last quarter. Finally, Accel Leaders 4 Associates L.P. purchased a new stake in shares of Nebius Group during the second quarter worth $1,012,097,322. 21.90% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Nebius Group news, Director John Wilson Iv Boynton sold 5,296 shares of the stock in a transaction on Friday, August 14th. The stock was sold at an average price of $270.99, for a total transaction of $1,435,163.04. Following the completion of the transaction, the director directly owned 415,844 shares in the company, valued at $112,689,565.56. This represents a 1.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Marc Boroditsky sold 7,000 shares of Nebius Group stock in a transaction on Monday, September 14th. The shares were sold at an average price of $209.08, for a total value of $1,463,560.00. Following the transaction, the executive directly owned 5,000 shares of the company's stock, valued at approximately $1,045,400. The trade was a 58.33% decrease in their ownership of the stock. 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 90 days, insiders sold 182,587 shares of company stock worth $43,618,456.

Nebius Group News Roundup

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

• Positive Sentiment: BNP Paribas upgraded Nebius to Outperform and raised its price target to $399 from $260, implying significant upside and reinforcing the bullish view on demand for AI infrastructure. BNP Paribas upgrades Nebius Group NV to outperform from neutral
• Positive Sentiment: Bank of America raised its revenue forecasts for fiscal 2027 and 2028 to $12.7 billion and $27.3 billion, respectively, above Wall Street expectations, citing capacity expansion and differentiated pricing strategies. Nebius gets BofA boost as AI infrastructure revenue outlook climbs
• Positive Sentiment: Nebius plans to raise GPU cloud prices next week. The move suggests strong demand and could improve revenue and margins if customers accept higher pricing. Nebius Group to hike prices next week
• Neutral Sentiment: Wall Street brokerages now generally rate NBIS a “Moderate Buy,” reflecting constructive expectations but not unanimous bullishness. Nebius stock now rated Moderate Buy
• Negative Sentiment: Capital-intensity concerns are limiting enthusiasm. Analysts acknowledge that Nebius must fund a very large data-center and GPU-capacity expansion, potentially requiring substantial capital before the higher revenue forecasts translate into profits. Nebius stock falls while $399 target tests AI expectations
• Negative Sentiment: Insider selling added a cautionary signal: Nebius’s chairman sold more than 6,000 shares for approximately $1.3 million after the stock gained 128% over the past year, although he retains a substantial position. Nebius chairman sells shares
• Negative Sentiment: Broader neocloud selling is pressuring NBIS. Investors remain concerned about high valuations, funding requirements and the sustainability of AI-compute demand, while Michael Burry’s reported expanded short position has further focused attention on sector risk. Neocloud stocks fall as selling extends

Nebius Group Price Performance

NASDAQ:NBIS opened at $237.33 on Friday. The stock has a market cap of $60.05 billion, a P/E ratio of -7,908.36 and a beta of 4.23. Nebius Group N.V. has a one year low of $73.52 and a one year high of $299.86. The company has a fifty day moving average price of $216.55 and a 200 day moving average price of $195.35. The company has a debt-to-equity ratio of 0.82, a current ratio of 4.03 and a quick ratio of 4.03.

Nebius Group (NASDAQ:NBIS - Get Free Report) last released its 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 for the quarter, compared to the consensus estimate of $567.91 million. Nebius Group had a negative return on equity of 6.03% and a net margin of 4.55%.The firm's revenue for the quarter was up 454% compared to the same quarter last year. During the same period last year, the business earned $2.38 earnings per share. Analysts anticipate that Nebius Group N.V. will post -3.76 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Northland Securities lifted their price target on Nebius Group from $248.00 to $410.00 and gave the company an "outperform" rating in a report on Monday, July 20th. Robert W. Baird increased their price objective on Nebius Group from $250.00 to $340.00 and gave the stock an "outperform" rating in a report on Thursday, August 13th. Rothschild & Co Redburn initiated coverage on Nebius Group in a report on Monday, September 21st. They issued a "sell" rating and a $84.00 price objective on the stock. Zacks Research lowered shares of Nebius Group from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 31st. Finally, DA Davidson reiterated a "neutral" rating and issued a $175.00 target price on shares of Nebius Group in a research note on Thursday, August 13th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $241.80.

Nebius Group Company Profile

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.

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