State of New Jersey Common Pension Fund D Makes New $8.11 Million Investment in Nebius Group N.V. $NBIS

Key Points

• State of New Jersey Common Pension Fund D opened a new position of 96,900 shares in Nebius Group (NASDAQ:NBIS), valued at about $8.11 million in the fourth quarter per its Form 13F filing.
• Nebius agreed to acquire Eigen AI in a stock-and-cash deal worth roughly $643 million to strengthen its AI inference stack and advance its cloud-AI growth strategy.
• Insiders have been net sellers recently—CEO Arkadiy Volozh sold 33,358 shares and Director Elena Bunina sold 6,250 shares, with insiders disposing of 129,740 shares (~$14.7 million) in the last quarter while the company remains unprofitable after missing recent EPS and revenue estimates.

State of New Jersey Common Pension Fund D bought a new position in Nebius Group N.V. (NASDAQ:NBIS - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 96,900 shares of the company's stock, valued at approximately $8,111,000.

Other institutional investors have also bought and sold shares of the company. Blue Trust Inc. lifted its stake in Nebius Group by 73.8% in the 4th quarter. Blue Trust Inc. now owns 332 shares of the company's stock worth $28,000 after purchasing an additional 141 shares in the last quarter. Armstrong Advisory Group Inc. lifted its stake in Nebius Group by 500.0% in the 4th quarter. Armstrong Advisory Group Inc. now owns 360 shares of the company's stock worth $30,000 after purchasing an additional 300 shares in the last quarter. NewEdge Advisors LLC purchased a new position in Nebius Group in the 1st quarter worth approximately $40,000. Barrett & Company Inc. purchased a new position in Nebius Group in the 4th quarter worth approximately $42,000. Finally, Western Pacific Wealth Management LP purchased a new stake in shares of Nebius Group during the 3rd quarter valued at approximately $45,000. 21.90% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Nebius Group news, Director Elena Bunina sold 6,250 shares of the business's stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $161.22, for a total value of $1,007,625.00. Following the sale, the director owned 38,367 shares of the company's stock, valued at $6,185,527.74. The trade was a 14.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Arkadiy Volozh sold 33,358 shares of the business's stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $103.73, for a total value of $3,460,225.34. Following the completion of the sale, the chief executive officer directly owned 868,289 shares in the company, valued at approximately $90,067,617.97. The trade was a 3.70% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 129,740 shares of company stock valued at $14,672,401 over the last quarter.

Key Nebius Group News

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

• Positive Sentiment: Nebius agreed to acquire Eigen AI for about $643 million in a stock-and-cash deal to boost its AI inference stack — the deal is pitched to increase inference throughput per GPU and strengthen Nebius’s frontier inference/token-factory platform, a direct strategic fit for its cloud-AI growth story. Nebius Makes $643 Million AI Inference Push With Eigen Deal
• Positive Sentiment: Unusual bullish options flow: traders bought ~130,188 call contracts (about 23% above average), signaling speculative investor conviction that the stock will move higher into near-term catalysts (acquisition integration, upcoming earnings). This flow can amplify intraday moves and implied-volatility-driven price action.
• Positive Sentiment: Renewed bullish coverage and momentum pieces (The Motley Fool, Schaeffer’s top-picks, Seeking Alpha bull pieces, TipRanks write-ups) are spotlighting Nebius as a high-upside AI play — that attention can attract new retail and thematic AI-inflow capital. Example coverage: Meet the Incredible AI Stock That's Crushing Nvidia This Year
• Neutral Sentiment: Sector tailwind: a strong Nasdaq/tech rally is lifting AI/cloud names broadly, providing supportive market context that can exaggerate moves in high-beta names like NBIS. Nasdaq Composite Takes Off as Tech Bulls Retake Control
• Neutral Sentiment: Catalyst calendar: Nebius set its Q1 2026 earnings release for May 13 (pre-market) — a near-term event that could validate the acquisition thesis or reintroduce volatility. Nebius Group Announces Date of First Quarter 2026 Results and Conference Call
• Negative Sentiment: Underlying fundamentals and execution risk remain: last reported quarter (Feb) missed EPS and revenue estimates and NBIS is unprofitable with high volatility and leverage metrics — the acquisition and elevated valuation imply execution and integration risk that could reverse gains if results disappoint.

Nebius Group Stock Up 11.8%

Shares of NASDAQ NBIS opened at $154.49 on Friday. The firm has a market cap of $38.90 billion, a price-to-earnings ratio of -105.82 and a beta of 4.03. The company has a quick ratio of 6.57, a current ratio of 3.08 and a debt-to-equity ratio of 0.89. Nebius Group N.V. has a 52-week low of $23.25 and a 52-week high of $168.71. The business's 50 day moving average is $120.73 and its two-hundred day moving average is $106.04.

Nebius Group (NASDAQ:NBIS - Get Free Report) last announced its earnings results on Thursday, February 12th. The company reported ($0.69) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.42) by ($0.27). The firm had revenue of $227.70 million during the quarter, compared to analysts' expectations of $246.05 million. Nebius Group had a net margin of 19.02% and a negative return on equity of 11.70%. Research analysts predict that Nebius Group N.V. will post -2.44 EPS for the current year.

Analysts Set New Price Targets

Several analysts have recently commented on NBIS shares. Wall Street Zen lowered shares of Nebius Group from a "sell" rating to a "strong sell" rating in a research report on Saturday, April 11th. Bank of America started coverage on shares of Nebius Group in a research report on Tuesday, March 24th. They set a "buy" rating and a $150.00 price target on the stock. Compass Point started coverage on shares of Nebius Group in a research report on Wednesday, February 18th. They set a "buy" rating and a $150.00 price target on the stock. Weiss Ratings raised shares of Nebius Group from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Monday, April 27th. Finally, BWS Financial lifted their price target on shares of Nebius Group from $130.00 to $200.00 and gave the company a "buy" rating in a research report on Monday, March 16th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Nebius Group currently has an average rating of "Moderate Buy" and an average target price of $154.75.

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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