Saudi Central Bank Raises Stock Holdings in Nebius Group N.V. $NBIS

Key Points

• Saudi Central Bank more than doubled its Nebius Group stake in the second quarter, acquiring 87,896 additional shares for a total of 167,819 shares valued at approximately $46.3 million.
• Institutional ownership remains significant, with hedge funds and other institutions holding 21.9% of NBIS. Several major investors, including Geode Capital Management and Amundi, also increased or initiated positions.
• NBIS posted quarterly revenue of $582.3 million, up 454% year over year, and reported a narrower-than-expected loss; however, insiders sold roughly $39.2 million of shares over the past 90 days, while analysts maintain a consensus “Moderate Buy” rating with a $226 price target.

Saudi Central Bank grew its position in shares of Nebius Group N.V. (NASDAQ:NBIS - Free Report) by 110.0% in the second quarter, according to its most recent filing with the SEC. The fund owned 167,819 shares of the company's stock after acquiring an additional 87,896 shares during the quarter. Saudi Central Bank owned about 0.07% of Nebius Group worth $46,347,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of NBIS. Lombard Odier Asset Management Switzerland SA bought a new stake in Nebius Group during the first quarter worth approximately $1,087,000. Geode Capital Management LLC raised its position in Nebius Group by 1,095.7% during the fourth quarter. Geode Capital Management LLC now owns 2,046,799 shares of the company's stock valued at $169,840,000 after purchasing an additional 1,875,612 shares during the period. HB Wealth Management LLC bought a new stake in shares of Nebius Group in the 1st quarter valued at approximately $735,000. Situational Awareness LP bought a new stake in shares of Nebius Group in the 2nd quarter valued at approximately $1,232,895,000. Finally, Amundi boosted its holdings in shares of Nebius Group by 10.6% in the 1st quarter. Amundi now owns 1,343,954 shares of the company's stock worth $139,449,000 after purchasing an additional 128,380 shares during the period. 21.90% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Nebius Group news, Director Charles Ryan sold 50,000 shares of the firm's stock in a transaction on 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 transaction, the director directly owned 272,533 shares in the company, valued at $72,365,687.49. This trade represents a 15.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Danila Shtan sold 16,937 shares of Nebius Group stock in a transaction on 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 sale, the chief technology officer directly owned 274,763 shares of the company's stock, valued at approximately $64,692,948.35. This trade represents a 5.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 159,013 shares of company stock valued at $39,216,975 over the last 90 days.

More Nebius Group News

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

• Positive Sentiment: Stephen Mandel’s Lone Pine Capital opened a position in Nebius during the second quarter, making NBIS the fund’s largest holding. The investment adds credibility to the AI infrastructure story and may encourage other investors to reassess the company’s growth prospects. Billionaire Stephen Mandel’s Top 2 AI Stock Picks
• Positive Sentiment: Nebius is targeting major 2027 expansion, supported by multibillion-dollar AI-cloud agreements, premium pricing and increased data-center capacity. The company’s year-end contracted power target reportedly rose from more than 3 gigawatts to 5 gigawatts, strengthening the potential revenue base if that capacity is deployed successfully. Will Nebius Group’s Mega AI Deals Power Its 2027 Growth Story?
• Positive Sentiment: Recent coverage points to technical upside and continued investor interest in Nebius as a leading AI infrastructure stock. Its latest quarterly results also showed revenue growth of 454% year over year and an earnings loss narrower than analysts expected, supporting the growth narrative. Why Nebius Group Should Find a Floor at Current Levels
• Neutral Sentiment: Commentators continue comparing Nebius with CoreWeave and other “neocloud” providers. The comparisons highlight strong AI-compute demand but also raise questions about pricing, competitive differentiation and how much future growth is already reflected in NBIS’s valuation. Sam Altman Sees Unsustainable Silliness in AI Compute Spending
• Negative Sentiment: Bearish analysis warns that the economics may not justify the stock’s valuation, particularly as Nebius and peers take on significant debt to fund data-center construction. Planned capital spending, customer concentration and the risk of excess AI capacity remain material risks. Nebius: The Math Doesn’t Work
• Negative Sentiment: CFO Sanchez Maria Del Dado Alonso sold 470 shares for approximately $92,120, reducing her direct stake by 3.71%. The relatively small transaction is unlikely to alter fundamentals but could modestly weigh on sentiment. CFO Sells Nebius Group Shares

Wall Street Analysts Forecast Growth

NBIS has been the topic of several analyst reports. Morgan Stanley boosted their target price on Nebius Group from $126.00 to $144.00 and gave the company an "equal weight" rating in a research report on Thursday, May 14th. Northland Securities raised their price target on Nebius Group from $248.00 to $410.00 and gave the stock an "outperform" rating in a research report on Monday, July 20th. Citigroup lifted their price objective on shares of Nebius Group from $278.00 to $324.00 and gave the stock a "buy" rating in a research note on Friday, August 14th. Weiss Ratings cut shares of Nebius Group from a "hold (c)" rating to a "hold (c-)" rating in a research report on Tuesday, August 11th. Finally, Citizens Jmp increased their target price on shares of Nebius Group from $175.00 to $270.00 and gave the company a "market outperform" rating in a research note on Thursday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have given a Hold rating to the company's stock. According to data from MarketBeat, Nebius Group currently has an average rating of "Moderate Buy" and a consensus target price of $226.00.

Nebius Group Price Performance

Nebius Group stock opened at $226.39 on Friday. The stock has a market cap of $57.28 billion, a price-to-earnings ratio of -7,543.82 and a beta of 4.23. 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 N.V. has a 1 year low of $63.26 and a 1 year high of $299.86. The firm has a 50-day moving average of $212.58 and a two-hundred day moving average of $181.77.

Nebius Group (NASDAQ:NBIS - Get Free Report) last issued its earnings results on Thursday, August 13th. The company reported ($0.12) EPS for the quarter, topping 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 business had revenue of $582.30 million for the quarter, compared to the consensus estimate of $567.91 million. During the same period in the prior year, the firm earned $2.38 EPS. The company's revenue for the quarter was up 454% compared to the same quarter last year. On average, research analysts forecast that Nebius Group N.V. will post -3.76 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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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.

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