Nebius Group N.V. $NBIS Shares Sold by Pinnacle Associates Ltd.

Pinnacle Associates Ltd. cut its holdings in Nebius Group N.V. (NASDAQ:NBIS - Free Report) by 23.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 76,800 shares of the company's stock after selling 23,385 shares during the quarter. Pinnacle Associates Ltd.'s holdings in Nebius Group were worth $21,210,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of NBIS. State Street Corp boosted its position in shares of Nebius Group by 2,391.3% during the 4th quarter. State Street Corp now owns 3,219,326 shares of the company's stock valued at $269,474,000 after purchasing an additional 3,090,103 shares in the last quarter. Capital Research Global Investors acquired a new position in shares of Nebius Group in the 4th quarter worth approximately $231,635,000. Jennison Associates LLC raised its holdings in shares of Nebius Group by 134.3% in the 2nd quarter. Jennison Associates LLC now owns 3,983,899 shares of the company's stock worth $1,100,233,000 after purchasing an additional 2,283,676 shares in the last quarter. Accel Leaders 3 Associates L.P. bought a new stake in shares of Nebius Group in the 4th quarter worth approximately $188,496,000. Finally, Qube Research & Technologies Ltd acquired a new stake in Nebius Group during the third quarter valued at approximately $238,511,000. 21.90% of the stock is owned by institutional investors and hedge funds.

More Nebius Group News

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

• Positive Sentiment: Exceptional quarterly growth: Nebius reported revenue of $582.3 million, up 454% year over year, while adjusted EBITDA reached $236 million and annualized revenue run rate approached $3 billion. Its AI Cloud segment grew 514%, exceeding many investor expectations. Nebius Group Q2 2026 Earnings Call Highlights
• Positive Sentiment: Large contracts and expanding capacity: Four AI infrastructure contracts reportedly exceed $1 billion in total value, helping push the contracted power target to 5 gigawatts and supporting a backlog of more than $40 billion. Investors see this as improving multiyear revenue visibility. Nebius Is Up After Multi-Billion AI Cloud Wins
• Positive Sentiment: Analyst optimism: Citigroup raised its target to $324 and maintained a buy rating, while Bank of America lifted its target to $310 and Robert W. Baird raised its target to $340 with an outperform rating. Northland Securities also reiterated its buy rating. Northland Securities Reiterates Buy Rating
• Positive Sentiment: UK expansion and trading momentum: Nebius is deploying NVIDIA-powered infrastructure at Vantage Data Centers’ Newport, Wales campus, expanding access to domestic UK AI compute. A reported “Power Inflow” order-flow signal also attracted momentum traders. Vantage and Nebius Expand UK AI Infrastructure
• Neutral Sentiment: Execution remains central: A capacity auction cleared above prior pricing records, and customer prepayments may fund a substantial portion of planned capital expenditures. These developments improve funding flexibility but increase expectations for timely capacity delivery and sustained premium pricing. Nebius Q3 Auction Broke Its Price Ceiling
• Negative Sentiment: Valuation and balance-sheet risks: Critics argue that Nebius is priced for very strong execution, while debt, asset depreciation and capital intensity could pressure long-term returns. Michael Burry’s reported short position and DA Davidson’s $175 neutral target add a bearish counterpoint. The Neoclouds Are a Trade, Not an Investment

Insider Activity

In other Nebius Group news, CTO Danila Shtan sold 16,937 shares of the business's stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $235.45, for a total value of $3,987,816.65. Following the transaction, the chief technology officer owned 274,763 shares in the company, valued at $64,692,948.35. The trade was a 5.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Arkadiy Volozh sold 46,627 shares of the company's stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $235.45, for a total value of $10,978,327.15. Following the completion of the transaction, the chief executive officer directly owned 821,662 shares in the company, valued at approximately $193,460,317.90. The trade was a 5.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 136,310 shares of company stock valued at $32,569,613.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. BNP Paribas Exane assumed coverage on shares of Nebius Group in a report on Tuesday, June 2nd. They set a "neutral" rating and a $255.00 target price for the company. Northland Securities lifted their price target on shares of Nebius Group from $248.00 to $410.00 and gave the stock an "outperform" rating in a research report on Monday, July 20th. Morgan Stanley upped their price target on Nebius Group from $126.00 to $144.00 and gave the company an "equal weight" rating in a report on Thursday, May 14th. Citigroup increased their price objective on Nebius Group from $278.00 to $324.00 and gave the company a "buy" rating in a research report on Friday. Finally, Freedom Capital upgraded Nebius Group from a "hold" rating to a "strong-buy" rating in a report on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $226.00.

Nebius Group Price Performance

NBIS stock opened at $277.58 on Friday. Nebius Group N.V. has a one year low of $62.01 and a one year high of $299.86. The firm has a 50-day moving average of $222.53 and a two-hundred day moving average of $168.13. The firm has a market capitalization of $70.23 billion, a PE ratio of -9,249.58 and a beta of 4.23. The company has a current ratio of 4.03, a quick ratio of 8.33 and a debt-to-equity ratio of 0.82.

Nebius Group (NASDAQ:NBIS - Get Free Report) last issued its quarterly earnings results on Wednesday, August 12th. 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 negative return on equity of 6.03% and a net margin of 4.55%.The business had revenue of $582.30 million for the quarter, compared to the consensus estimate of $567.91 million. During the same quarter in the previous year, the company posted $2.38 earnings per share. Nebius Group's revenue for the quarter was up 454% compared to the same quarter last year. On average, analysts forecast that Nebius Group N.V. will post -3.91 earnings per share for the current year.

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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