Van ECK Associates Corp Has $4.32 Million Stock Position in Nebius Group N.V. $NBIS

Key Points

• Van ECK Associates cut its Nebius Group position by 39% in the second quarter, selling 9,974 shares and retaining 15,630 shares valued at approximately $4.32 million. Institutional investors collectively own 21.9% of NBIS.
• Nebius reported stronger-than-expected quarterly results, with revenue of $582.3 million—up 454% year over year—and an adjusted loss of $0.12 per share versus the $0.67 consensus loss estimate.
• NBIS carries a “Moderate Buy” consensus rating with an average $226 price target, but investors face risks from its high valuation, projected full-year losses, heavy infrastructure spending and recent insider selling.

Van ECK Associates Corp lowered its holdings in shares of Nebius Group N.V. (NASDAQ:NBIS - Free Report) by 39.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 15,630 shares of the company's stock after selling 9,974 shares during the period. Van ECK Associates Corp's holdings in Nebius Group were worth $4,317,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of NBIS. Ferguson Wellman Capital Management Inc. acquired a new stake in Nebius Group in the second quarter valued at $211,000. Nissay Asset Management Corp Japan acquired a new position in Nebius Group during the 2nd quarter worth about $17,118,000. Wellington Management Group LLP lifted its holdings in Nebius Group by 127.9% during the 2nd quarter. Wellington Management Group LLP now owns 28,178 shares of the company's stock worth $7,782,000 after buying an additional 15,814 shares during the period. Archer Investment Corp bought a new stake in shares of Nebius Group in the 2nd quarter valued at about $138,000. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of Nebius Group in the 2nd quarter valued at about $3,867,000. Institutional investors own 21.90% of the company's stock.

Nebius Group Stock Performance

NBIS stock opened at $210.63 on Friday. Nebius Group N.V. has a 1-year low of $63.26 and a 1-year high of $299.86. The company has a current ratio of 4.03, a quick ratio of 4.03 and a debt-to-equity ratio of 0.82. The stock has a 50-day moving average price of $212.86 and a 200-day moving average price of $181.46. The firm has a market cap of $53.29 billion, a PE ratio of -7,018.66 and a beta of 4.23.

Nebius Group (NASDAQ:NBIS - Get Free Report) last released its earnings results on Thursday, August 13th. The company reported ($0.12) EPS for the quarter, topping the consensus estimate of ($0.67) by $0.55. The business had revenue of $582.30 million during the quarter, compared to analysts' expectations 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 was up 454% on a year-over-year basis. During the same quarter last year, the firm posted $2.38 earnings per share. As a group, equities research analysts expect that Nebius Group N.V. will post -3.76 earnings per share for the current year.

Key Headlines Impacting Nebius Group

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

• Positive Sentiment: Technical analysis cited by Barron’s suggests NBIS could find support near current levels and potentially gain nearly 50% by year-end if bullish chart patterns hold. This provides a near-term trading catalyst, though it is not based on fundamentals. Why Nebius Group Should Find a Floor at Current Levels
• Positive Sentiment: Nebius’s increase in its year-end contracted power target from more than 3 gigawatts to 5 gigawatts highlights faster capacity expansion and stronger demand for its AI-cloud services. Higher contract values per megawatt could improve the revenue potential of the build-out. How Nebius’s AI Data Center Power Surge Could Reshape Investors
• Positive Sentiment: NBIS was included in articles highlighting AI stocks to watch, keeping investor attention focused on the company’s exposure to the rapidly growing AI infrastructure market. Nebius Group and 2 Top AI Stocks to Watch
• Neutral Sentiment: Nebius plans to participate in upcoming investor conferences, giving management an opportunity to discuss customer agreements, capacity growth, pricing and financial targets. Nebius to Participate in Upcoming Investor Conferences
• Negative Sentiment: Bearish commentary argues that the economics may not justify Nebius’s valuation, particularly given its substantial planned capital spending, ongoing losses and reliance on long-term infrastructure commitments. Nebius: The Math Doesn’t Work
• Negative Sentiment: Articles warn that neocloud providers are taking on significant debt to fund data-center construction, raising circular-financing and balance-sheet risks. OpenAI CEO Sam Altman also cautioned about “unsustainable silliness” among new AI-cloud companies claiming massive future computing capacity, adding to concerns about oversupply and competition. Should CoreWeave and Nebius Group Investors Be Worried About Circular Financing? Sam Altman Sees Unsustainable Silliness in AI Compute Spending
• Negative Sentiment: CFO Sanchez Maria Del Dado Alonso sold 470 shares for approximately $92,120, reducing her direct holdings by 3.71%. The transaction is small relative to her remaining stake but may modestly affect sentiment. SEC Insider Transaction Filing

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on NBIS. Freedom Capital raised Nebius Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, July 20th. Piper Sandler began coverage on Nebius Group in a report on Monday, August 3rd. They issued a "neutral" rating and a $224.00 target price on the stock. Zacks Research downgraded shares of Nebius Group from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 31st. Northland Securities raised their price target on shares of Nebius Group from $248.00 to $410.00 and gave the stock an "outperform" rating in a report on Monday, July 20th. Finally, Weiss Ratings downgraded shares of Nebius Group from a "hold (c)" rating to a "hold (c-)" rating in a research report on Tuesday, August 11th. One 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 company. According to data from MarketBeat, Nebius Group currently has an average rating of "Moderate Buy" and a consensus target price of $226.00.

Insider Activity at Nebius Group

In related news, CFO Sanchez Maria Del Dado Alonso sold 470 shares of the business's stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $196.00, for a total transaction of $92,120.00. Following the transaction, the chief financial officer owned 12,202 shares in the company, valued at $2,391,592. The trade was a 3.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO Danila Shtan sold 16,937 shares of the firm's stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $235.45, for a total transaction of $3,987,816.65. Following the completion of the sale, the chief technology officer 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 SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 159,013 shares of company stock worth $39,216,975.

Nebius Group Company Profile

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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