TD Asset Management Inc Purchases Shares of 88,577 Nebius Group N.V. $NBIS

Posted by Tyrone Williams on Jun 10th, 2026

TD Asset Management Inc bought a new position in Nebius Group N.V. (NASDAQ:NBIS – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 88,577 shares of the company’s stock, valued at approximately $7,414,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Orbis Allan Gray Ltd raised its stake in shares of Nebius Group by 12.4% in the second quarter. Orbis Allan Gray Ltd now owns 17,651,930 shares of the company’s stock valued at $976,681,000 after acquiring an additional 1,949,708 shares during the last quarter. Fred Alger Management LLC grew its position in Nebius Group by 33.4% during the 3rd 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. increased its holdings in Nebius Group by 55.7% during the 3rd quarter. Jericho Capital Asset Management L.P. now owns 4,607,497 shares of the company’s stock valued at $517,284,000 after purchasing an additional 1,648,497 shares in the last quarter. Accel Leaders 3 Associates L.P. acquired a new stake in Nebius Group during the 4th quarter valued at $188,496,000. Finally, Rovida Investment Management Ltd raised its position in Nebius Group by 26.0% in the 3rd quarter. Rovida Investment Management Ltd now owns 2,193,647 shares of the company’s stock valued at $246,193,000 after purchasing an additional 453,000 shares during the last quarter. Institutional investors own 21.90% of the company’s stock.

Nebius Group Stock Performance

Shares of NBIS stock opened at $220.12 on Wednesday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 8.33 and a current ratio of 8.33. Nebius Group N.V. has a 52 week low of $43.89 and a 52 week high of $278.84. The company’s 50 day moving average price is $177.10 and its two-hundred day moving average price is $125.02. The company has a market capitalization of $55.69 billion, a P/E ratio of 71.01 and a beta of 4.03.

Nebius Group (NASDAQ:NBIS – Get Free Report) last issued its quarterly earnings results on Thursday, May 14th. The company reported ($0.23) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.77) by $0.54. The firm had revenue of $399.00 million for the quarter, compared to analyst estimates of $375.13 million. Nebius Group had a net margin of 95.27% and a negative return on equity of 9.11%. Nebius Group’s revenue was up 684.0% compared to the same quarter last year. On average, analysts expect that Nebius Group N.V. will post -1.91 earnings per share for the current fiscal year.

Trending Headlines about Nebius Group

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

Positive Sentiment: Nebius launched an NVIDIA-backed Physical AI Living Lab for robotics startups in the UK and Europe, adding a new growth angle and boosting sentiment around its AI platform. Nebius surges after launching NVIDIA-backed Physical AI Lab; eyes UK, European startups
Positive Sentiment: Bank of America Securities raised its price target on Nebius and reiterated a Buy rating, signaling continued Wall Street confidence in the company’s AI infrastructure demand. Nebius Group (NBIS) Receives a Buy from Bank of America Securities
Positive Sentiment: Investors are also reacting to Nebius’s £1.7 billion UK AI infrastructure build-out, which expands capacity with new NVIDIA-powered deployments and strengthens its European growth story. Nebius expands in UK with more NVIDIA-powered infrastructure, more customers, and more cloud capabilities for agentic and enterprise AI
Neutral Sentiment: Short-interest data showed no meaningful change, so it is not a major driver of the move today.
Neutral Sentiment: A recent analyst downgrade highlights valuation concerns, but this appears secondary to the stronger positive catalysts around NVIDIA partnerships and expansion plans. Nebius: Please Don’t Push It Off The Cliff (Rating Downgrade)
Negative Sentiment: Some recent commentary warns that Nebius’s premium valuation and ongoing dilution risks could limit upside if AI spending growth slows. Nebius Falls: Hyperscalers Are Hyperscaling

Insider Buying and Selling at Nebius Group

In other news, CTO Danila Shtan sold 15,678 shares of the stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $238.96, for a total transaction of $3,746,414.88. Following the completion of the sale, the chief technology officer directly owned 291,700 shares in the company, valued at $69,704,632. This represents a 5.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Elena Bunina sold 10,894 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $206.87, for a total value of $2,253,641.78. Following the completion of the transaction, the director directly owned 10,772 shares in the company, valued at approximately $2,228,403.64. This trade represents a 50.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 694,898 shares of company stock worth $130,681,379 over the last 90 days.

Analyst Ratings Changes

Several research firms have weighed in on NBIS. Bank of America raised their price objective on shares of Nebius Group from $240.00 to $280.00 and gave the company a “buy” rating in a research report on Monday. Citigroup increased their price target on shares of Nebius Group from $169.00 to $287.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Weiss Ratings raised shares of Nebius Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 20th. DA Davidson cut shares of Nebius Group from a “buy” rating to a “neutral” rating and boosted their price objective for the stock from $200.00 to $250.00 in a research report on Monday, May 18th. Finally, Morgan Stanley lifted their target price on Nebius Group from $126.00 to $144.00 and gave the company an “equal weight” rating in a research note on Thursday, May 14th. Nine investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $203.25.

Read Our Latest Stock Analysis on Nebius Group

Nebius Group Profile

(Free Report)

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.