AdvisorNet Financial 13F: Exits Nebius (NBIS) Stake

AdvisorNet Financial has completely exited its stake in Nebius Group N.V. (NasdaqGS: NBIS), selling 4,411 shares in a filing on October 15, 2026. This sale brings the fund's total holdings to zero, representing a full exit from the position.

What Changed in AdvisorNet Financial's Nebius Group Position

AdvisorNet Financial sold out of its entire position in Nebius Group N.V., cutting 4,411 shares, which reflects a 100.0% decrease in its stake. The fund no longer holds any shares of the company as of this filing.

Other Institutional Activity in Nebius Group

Several other institutional investors have recently adjusted their positions in Nebius Group. BlackRock Inc. grew its holdings by 1,593,947 shares, bringing its total to 11,531,270 shares worth about $1.91 billion. Goldman Sachs Group Inc. increased its stake by 6,715,637 shares, with a total of 9,799,741 shares valued around $1.62 billion. Invesco Ltd. raised its position by 5,178,914 shares, holding 6,943,270 shares valued at approximately $1.15 billion. Conversely, Orbis Allan Gray Ltd. reduced its stake by 1,820,118 shares, ending with 6,494,719 shares worth about $1.07 billion.

Nebius Group N.V. Stock Down 11.0%

Nebius Group's stock is currently trading around $165.44 as of October 16, 2026. This price is significantly below its 50-day moving average of $223.90 and also below its 200-day average of $173.13. Additionally, the stock is 44.8% below its 52-week high of $299.86, yet remains 125.0% above its 52-week low of $73.52.

Recent Earnings

In its most recent earnings report, Nebius Group N.V. posted trailing twelve-month revenue of approximately $1.36 billion, with a year-over-year revenue growth of 454.0%. The next earnings date is set for November 10, 2026.

Insider Buying and Selling at Nebius Group N.V.

Several insiders at Nebius Group have sold shares recently. Chief Technology Officer Danila Shtan sold 14,546 shares at an average price of $234.16 on October 1, 2026, totaling around $3.41 million. Chief Operating Officer Ophir Nave sold 500,000 shares on October 5, 2026, valued at about $117.77 million. Chief Revenue Officer Boroditsky Marc sold 7,000 shares at $211.23 on October 12, 2026, for a total of approximately $1.48 million. These sales occurred prior to this filing and do not imply any negative sentiment.

Analysts Set New Price Targets

Analysts have mixed views on Nebius Group. On September 9, 2026, Truist Securities initiated coverage with a 'Buy' rating and a target price of $355.00. Rothschild & Co initiated a 'Sell' rating on September 21, 2026, with a target of $84.00. BNP Paribas upgraded the stock to 'Outperform' on September 24, 2026, raising its target to $399.00 from $260.00. Rosenblatt also initiated coverage with a 'Buy' rating and a target of $304.00 on October 8, 2026. The consensus rating is currently 'buy' with a target mean price of $283.60 based on 20 analyst opinions.

About Nebius Group N.V.

Nebius Group N.V. is a technology company that builds infrastructure for the global AI industry. It offers services like large-scale GPU clusters and cloud platforms, catering to developers in the U.S., U.K., and other regions. This recent filing reflects AdvisorNet Financial's strategic adjustments amid changing market conditions.

Bottom Line

Looking ahead, investors should note that Nebius Group is set to report its next earnings on November 10, 2026. The recent change in AdvisorNet Financial's stake highlights ongoing shifts in institutional positions, and it is essential to monitor future filings for updates on their strategies. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.