TD Asset Management Inc Has $30.05 Million Position in Nebius Group N.V. $NBIS

Key Points

• TD Asset Management increased its Nebius Group position by 12.9% in the second quarter, holding 108,815 shares valued at approximately $30.05 million. Institutional investors and hedge funds collectively own 21.9% of the company.
• Nebius reported exceptional quarterly growth, with revenue rising 454% year over year to $582.3 million and adjusted EBITDA reaching $236 million. Large AI infrastructure contracts and a backlog exceeding $40 billion are improving its long-term revenue visibility.
• Despite generally bullish analyst sentiment and a “Moderate Buy” consensus, insider selling and valuation concerns remain: insiders sold 136,310 shares worth $32.6 million over the past 90 days, while some analysts maintain neutral ratings and warn that the stock requires strong execution to justify its valuation.

TD Asset Management Inc lifted its position in shares of Nebius Group N.V. (NASDAQ:NBIS - Free Report) by 12.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 108,815 shares of the company's stock after acquiring an additional 12,404 shares during the period. TD Asset Management Inc's holdings in Nebius Group were worth $30,051,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Royal Bank of Canada bought a new position in Nebius Group in the first quarter valued at approximately $1,628,000. Millennium Management LLC bought a new stake in Nebius Group during the first quarter worth $11,563,000. NewEdge Advisors LLC acquired a new stake in shares of Nebius Group in the 1st quarter valued at $40,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in shares of Nebius Group in the 1st quarter valued at $9,084,000. Finally, Daiwa Securities Group Inc. bought a new position in shares of Nebius Group in the 2nd quarter valued at $68,000. Institutional investors and hedge funds own 21.90% of the company's stock.

Insider Buying and Selling

In related news, CTO Danila Shtan sold 16,937 shares of Nebius Group stock in a transaction that occurred on 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 directly owned 274,763 shares of the company's stock, valued at $64,692,948.35. The trade was a 5.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Andrey Korolenko sold 33,871 shares of the company's stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $235.45, for a total value of $7,974,926.95. Following the completion of the sale, the insider owned 551,338 shares in the company, valued at $129,812,532.10. The trade was a 5.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 136,310 shares of company stock valued at $32,569,613 over the last 90 days.

Key Stories Impacting Nebius Group

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

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on NBIS shares. Zacks Research cut Nebius Group from a "strong-buy" rating to a "hold" rating in a report on Friday, July 31st. Piper Sandler started coverage on Nebius Group in a research note on Monday, August 3rd. They issued a "neutral" rating and a $224.00 price objective on the stock. DA Davidson reiterated a "neutral" rating and issued a $175.00 target price on shares of Nebius Group in a research report on Thursday. Robert W. Baird boosted their target price on Nebius Group from $250.00 to $340.00 and gave the stock an "outperform" rating in a research note on Thursday. Finally, Bank of America increased their target price on shares of Nebius Group from $240.00 to $280.00 and gave the stock a "buy" rating in a report on Monday, June 8th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, Nebius Group presently has a consensus rating of "Moderate Buy" and a consensus price target of $226.00.

Nebius Group Stock Up 8.8%

Shares of NASDAQ:NBIS opened at $277.58 on Friday. The firm has a market cap of $70.23 billion, a P/E ratio of -9,249.58 and a beta of 4.23. Nebius Group N.V. has a 12-month low of $62.01 and a 12-month high of $299.86. The business has a fifty day simple moving average of $222.53 and a 200 day simple moving average of $168.13. The company has a quick ratio of 8.33, 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 Wednesday, August 12th. The company reported ($0.12) EPS for the quarter, beating analysts' consensus estimates of ($0.67) by $0.55. The firm had revenue of $582.30 million for the quarter, compared to analyst estimates of $567.91 million. Nebius Group had a negative return on equity of 6.03% and a net margin of 4.55%.The business's revenue was up 454% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.38 EPS. Analysts predict 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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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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