Free Trial

Vontobel Holding Ltd. Makes New $937,000 Investment in Nebius Group N.V. (NASDAQ:NBIS)

Nebius Group logo with Computer and Technology background

Vontobel Holding Ltd. acquired a new position in Nebius Group N.V. (NASDAQ:NBIS - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 44,370 shares of the company's stock, valued at approximately $937,000.

Several other institutional investors also recently modified their holdings of NBIS. Henry James International Management Inc. acquired a new position in Nebius Group in the first quarter valued at $216,000. Colonial River Investments LLC acquired a new position in shares of Nebius Group during the first quarter valued at about $330,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Nebius Group during the first quarter valued at about $1,247,000. Perpetual Ltd acquired a new position in shares of Nebius Group during the first quarter valued at about $362,000. Finally, Creative Financial Designs Inc. ADV acquired a new position in shares of Nebius Group during the first quarter valued at about $57,000. Institutional investors own 21.90% of the company's stock.

Nebius Group Trading Up 0.3%

Shares of NBIS traded up $0.13 on Friday, reaching $50.10. The company's stock had a trading volume of 5,143,329 shares, compared to its average volume of 11,276,531. Nebius Group N.V. has a twelve month low of $14.09 and a twelve month high of $55.75. The stock has a market capitalization of $11.81 billion, a PE ratio of -87.89 and a beta of 3.25. The firm has a fifty day moving average of $40.53 and a 200-day moving average of $33.67.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on NBIS shares. DA Davidson upped their price objective on shares of Nebius Group from $50.00 to $55.00 and gave the company a "buy" rating in a report on Monday, June 16th. Northland Capmk upgraded shares of Nebius Group to a "strong-buy" rating in a report on Tuesday, May 6th. Northland Securities set a $47.00 price objective on shares of Nebius Group and gave the company an "outperform" rating in a report on Wednesday, May 21st. Arete Research upgraded shares of Nebius Group to a "strong-buy" rating in a report on Thursday, June 5th. Finally, Arete initiated coverage on shares of Nebius Group in a report on Thursday, June 5th. They issued a "buy" rating and a $84.00 target price on the stock. One research analyst has rated the stock with a hold rating, four have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Buy" and an average price target of $66.50.

View Our Latest Report on NBIS

Nebius Group Company 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.

Featured Articles

Institutional Ownership by Quarter for Nebius Group (NASDAQ:NBIS)

Should You Invest $1,000 in Nebius Group Right Now?

Before you consider Nebius Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nebius Group wasn't on the list.

While Nebius Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Made in America Stocks Under $20 You Need to See!
3 Cheap Growth Stocks Set to Explode This Summer
The Next NVIDIA? Quantum Computing Stocks Set for Explosive Growth

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines