Insider Selling: Nebius Group (NASDAQ:NBIS) Insider Sells $2,664,689.28 in Stock

Key Points

• Insider sale: Andrey Korolenko sold 26,976 shares at an average price of $98.78 for a total of $2,664,689.28, reducing his stake by 4.19% to 616,566 shares (≈$60.9M).
• Earnings miss but stock up: Nebius reported Q results with EPS of ($0.69) vs. consensus ($0.42) and revenue $227.7M vs. $246.1M, yet shares traded higher (up about 6.1% to $108.18) on heavy volume.
• Analyst and institutional backdrop: Analysts average a "Moderate Buy" rating with a mean price target of about $157, while institutional investors (≈21.9% ownership) have been increasing positions.

Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) insider Andrey Korolenko sold 26,976 shares of the business's stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $98.78, for a total transaction of $2,664,689.28. Following the completion of the sale, the insider owned 616,566 shares of the company's stock, valued at approximately $60,904,389.48. This represents a 4.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Nebius Group Stock Up 6.1%

Shares of NASDAQ NBIS traded up $6.23 during midday trading on Thursday, reaching $108.18. 4,370,785 shares of the company's stock traded hands, compared to its average volume of 14,888,048. The company has a quick ratio of 6.57, a current ratio of 3.08 and a debt-to-equity ratio of 0.89. The stock's 50 day simple moving average is $99.77 and its 200-day simple moving average is $101.63. Nebius Group N.V. has a one year low of $18.31 and a one year high of $141.10. The company has a market cap of $27.24 billion, a price-to-earnings ratio of -73.00 and a beta of 4.20.

Nebius Group (NASDAQ:NBIS - Get Free Report) last issued its quarterly earnings data on Thursday, February 12th. The company reported ($0.69) EPS for the quarter, missing analysts' consensus estimates of ($0.42) by ($0.27). The business had revenue of $227.70 million during the quarter, compared to the consensus estimate of $246.05 million. Nebius Group had a negative return on equity of 11.70% and a net margin of 19.02%. On average, analysts predict that Nebius Group N.V. will post -1.1 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

NBIS has been the subject of a number of analyst reports. Morgan Stanley started coverage on Nebius Group in a research note on Thursday, January 15th. They set an "equal weight" rating and a $126.00 price objective for the company. Compass Point started coverage on shares of Nebius Group in a report on Wednesday, February 18th. They issued a "buy" rating and a $150.00 target price for the company. Freedom Capital raised shares of Nebius Group to a "strong-buy" rating in a research report on Tuesday, February 3rd. Bank of America began coverage on shares of Nebius Group in a report on Tuesday, March 24th. They issued a "buy" rating and a $150.00 price target on the stock. Finally, DA Davidson lifted their price objective on shares of Nebius Group from $150.00 to $200.00 and gave the stock a "buy" rating in a research report on Monday, March 16th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Nebius Group currently has an average rating of "Moderate Buy" and an average price target of $157.09.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Orbis Allan Gray Ltd increased its position in Nebius Group by 12.4% during the 2nd quarter. Orbis Allan Gray Ltd now owns 17,651,930 shares of the company's stock valued at $976,681,000 after buying an additional 1,949,708 shares in the last quarter. Fred Alger Management LLC grew its stake in shares of Nebius Group by 33.4% during the third quarter. Fred Alger Management LLC now owns 10,132,279 shares of the company's stock worth $1,137,551,000 after acquiring an additional 2,536,832 shares during the last quarter. Jericho Capital Asset Management L.P. grew its stake in shares of Nebius Group by 55.7% during the third quarter. Jericho Capital Asset Management L.P. now owns 4,607,497 shares of the company's stock worth $517,284,000 after acquiring an additional 1,648,497 shares during the last quarter. Morgan Stanley increased its holdings in shares of Nebius Group by 35.2% during the fourth quarter. Morgan Stanley now owns 3,704,659 shares of the company's stock valued at $310,099,000 after acquiring an additional 964,984 shares in the last quarter. Finally, Invesco Ltd. raised its position in shares of Nebius Group by 2.7% in the 2nd quarter. Invesco Ltd. now owns 3,587,811 shares of the company's stock valued at $198,514,000 after purchasing an additional 92,710 shares during the last quarter. 21.90% of the stock is currently owned by hedge funds and other institutional investors.

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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