Rathbones Group PLC purchased a new position in Nebius Group N.V. (NASDAQ:NBIS - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 18,927 shares of the company's stock, valued at approximately $1,047,000.
Other large investors have also recently made changes to their positions in the company. Oppenheimer Asset Management Inc. grew its holdings in Nebius Group by 186.3% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 29,850 shares of the company's stock valued at $1,652,000 after buying an additional 19,424 shares in the last quarter. Scientech Research LLC bought a new position in shares of Nebius Group during the first quarter worth $869,000. MGO One Seven LLC bought a new position in shares of Nebius Group during the second quarter worth $255,000. Hardy Reed LLC purchased a new position in Nebius Group during the second quarter valued at $365,000. Finally, Jump Financial LLC bought a new stake in Nebius Group in the 1st quarter valued at $10,362,000. 21.90% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several research analysts have commented on NBIS shares. DA Davidson reissued a "buy" rating and set a $75.00 price objective on shares of Nebius Group in a report on Tuesday, September 9th. Wall Street Zen raised Nebius Group from a "sell" rating to a "hold" rating in a research note on Tuesday, September 30th. BWS Financial lifted their price objective on Nebius Group from $90.00 to $130.00 and gave the stock a "buy" rating in a research note on Tuesday, September 9th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Nebius Group in a research report on Wednesday, November 5th. Finally, Seaport Res Ptn raised shares of Nebius Group to a "hold" rating in a report on Monday, September 15th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $91.20.
View Our Latest Research Report on Nebius Group
Nebius Group Stock Down 1.2%
Shares of NBIS stock opened at $109.95 on Tuesday. Nebius Group N.V. has a 1 year low of $17.39 and a 1 year high of $141.10. The stock's 50 day simple moving average is $107.84 and its two-hundred day simple moving average is $69.55. The company has a debt-to-equity ratio of 0.31, a quick ratio of 14.70 and a current ratio of 14.70.
Nebius Group Profile
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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.
Further Reading

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