Story · Nvidia
Nebius Chairman Sells $1.4 Million in Shares, Retains Majority Stake
John Wilson Boynton IV, Chairman of Nebius Group N.V. (NASDAQ:NBIS), sold 6,958 Class A shares on July 15, 2026, for a total value of approximately $1.4 million at a weighted average price of $197.00. The sale represented only 2% of his total equity stake, leaving him with roughly 421,000 shares worth about $84 million. The transaction occurred after Nebius shares surged nearly 300% over the past year, driven by strong demand for AI cloud infrastructure. The company reported Q1 revenue growth of 684% year-over-year to $399 million and secured a $2 billion investment from Nvidia. Analysts view the sale as profit-taking rather than a bearish signal, given the small percentage sold and the chairman's continued large holding.
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