The Manufacturers Life Insurance Company Sells 2,333 Shares of Nebius Group N.V. $NBIS

The Manufacturers Life Insurance Company lessened its holdings in shares of Nebius Group N.V. (NASDAQ:NBIS) by 3.5% during the second quarter, Holdings Channel reports. The firm owned 64,469 shares of the company’s stock after selling 2,333 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Nebius Group were worth $17,804,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of NBIS. Confluence Investment Management LLC lifted its holdings in Nebius Group by 2.0% in the 2nd quarter. Confluence Investment Management LLC now owns 2,475 shares of the company’s stock worth $684,000 after buying an additional 48 shares during the period. Jasper Ridge Partners L.P. increased its stake in shares of Nebius Group by 0.5% during the second quarter. Jasper Ridge Partners L.P. now owns 16,132 shares of the company’s stock valued at $4,455,000 after buying an additional 74 shares during the period. Ancora Advisors LLC raised its holdings in shares of Nebius Group by 18.8% during the second quarter. Ancora Advisors LLC now owns 475 shares of the company’s stock valued at $131,000 after acquiring an additional 75 shares in the last quarter. N.E.W. Advisory Services LLC lifted its stake in Nebius Group by 76.0% in the second quarter. N.E.W. Advisory Services LLC now owns 176 shares of the company’s stock worth $49,000 after acquiring an additional 76 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in Nebius Group by 2.7% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,977 shares of the company’s stock valued at $309,000 after acquiring an additional 79 shares in the last quarter. Institutional investors own 21.90% of the company’s stock.

Analyst Ratings Changes

NBIS has been the topic of a number of research analyst reports. BNP Paribas Exane initiated coverage on shares of Nebius Group in a research report on Tuesday, June 2nd. They set a “neutral” rating and a $255.00 price objective on the stock. Weiss Ratings lowered shares of Nebius Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday. Freedom Capital upgraded shares of Nebius Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. Truist Financial upgraded shares of Nebius Group to a “strong-buy” rating in a research report on Thursday. Finally, Citigroup increased their price target on shares of Nebius Group from $278.00 to $324.00 and gave the stock a “buy” rating in a research note on Friday, August 14th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Nebius Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $234.60.

Nebius Group Price Performance

NBIS opened at $224.55 on Friday. The stock has a fifty day simple moving average of $211.89 and a two-hundred day simple moving average of $186.39. 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 company has a market cap of $56.82 billion, a price-to-earnings ratio of -7,482.51 and a beta of 4.23. Nebius Group N.V. has a 12-month low of $73.52 and a 12-month high of $299.86.

Nebius Group (NASDAQ:NBIS) last announced its earnings results on Thursday, August 13th. 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 analysts’ expectations of $567.91 million. Nebius Group had a net margin of 4.55% and a negative return on equity of 6.03%. The company’s quarterly revenue was up 454% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.38 EPS. Research analysts predict that Nebius Group N.V. will post -3.76 earnings per share for the current fiscal year.

Insider Buying and Selling at Nebius Group

In other news, CFO Sanchez Maria Del Dado Alonso sold 470 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $196.00, for a total value of $92,120.00. Following the sale, the chief financial officer directly owned 12,202 shares of the company’s stock, valued at approximately $2,391,592. This represents a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Arkadiy Volozh sold 46,627 shares of the firm’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $235.45, for a total value of $10,978,327.15. Following the transaction, the chief executive officer owned 821,662 shares of the company’s stock, valued at $193,460,317.90. The trade was a 5.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 159,013 shares of company stock valued at $39,216,975 over the last three months.

More Nebius Group News

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

• Positive Sentiment: AI-cloud demand is lifting the sector: Oracle’s strong results and reported $664 billion AI-cloud backlog helped drive broader interest in AI infrastructure providers, with Nebius among the companies benefiting from the positive read-through. Oracle Surges 7% as AI Cloud Backlog Hits $664B, CoreWeave and Nebius Climb 4%
• Positive Sentiment: Truist upgraded Nebius to “Strong Buy”: The new bullish coverage adds analyst support and may reinforce investor confidence in the company’s long-term AI-cloud growth opportunity. Truist Financial Begins Coverage on Nebius Group
• Positive Sentiment: Customer prepayments could help fund expansion: Nebius expects to spend $20 billion to $25 billion on capital expenditures in 2026, but more than $9 billion in customer prepayments could reduce financing pressure and support its aggressive GPU and data-center buildout. Nebius’ Heavy CapEx Push: Can Customer Prepayments Ease the Strain?
• Neutral Sentiment: Long-term outlook remains dependent on execution: Investor projections for Nebius over the next three years largely hinge on the pace of GPU deployment, customer commitments and the company’s ability to convert infrastructure investment into recurring revenue.
• Negative Sentiment: High spending, interest-rate risk and valuation remain concerns: Nebius is racing to expand capacity while Treasury yields are elevated, increasing the potential cost of debt-financed growth. Analysts have also described the shares as expensive relative to current profitability, creating downside risk if growth or customer prepayments disappoint. How Dangerous Are Top Neoclouds as Rate Hike Odds Increase?

Nebius Group Company Profile

Nebius Group N.V. (NASDAQ: NBIS) is a technology company focused on artificial intelligence infrastructure and related services. Its principal business is Nebius AI, a cloud platform that provides computing, storage, networking and managed infrastructure designed to support the development and deployment of AI applications, including access to accelerated computing resources.

The company also operates or develops businesses in adjacent technology markets. These include Toloka, which provides data and evaluation services for machine-learning systems; TripleTen, an online education platform offering technology-focused training; and Avride, a developer of autonomous driving and delivery technologies.