Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) was the target of some unusual options trading on Monday. Stock investors bought 73,396 call options on the company. This represents an increase of 35% compared to the typical volume of 54,502 call options.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on NBIS shares. Northland Capmk upgraded Nebius Group to a "strong-buy" rating in a research report on Tuesday, May 6th. DA Davidson cut their price objective on Nebius Group from $50.00 to $30.00 and set a "buy" rating for the company in a report on Monday, April 14th. BWS Financial reiterated a "buy" rating and set a $60.00 target price on shares of Nebius Group in a research note on Tuesday, March 4th. Finally, Northland Securities began coverage on shares of Nebius Group in a report on Tuesday, May 6th. They set an "outperform" rating and a $34.00 price target for the company.
View Our Latest Report on NBIS
Institutional Investors Weigh In On Nebius Group
Institutional investors have recently modified their holdings of the business. WCM Investment Management LLC purchased a new position in Nebius Group during the first quarter valued at $11,998,000. DekaBank Deutsche Girozentrale bought a new position in shares of Nebius Group during the 1st quarter valued at approximately $8,519,000. Centaurus Financial Inc. purchased a new position in Nebius Group during the 4th quarter valued at $9,505,000. Howland Capital Management LLC bought a new stake in shares of Nebius Group during the first quarter valued at approximately $4,856,000. Finally, Pinnacle Associates Ltd. bought a new position in Nebius Group during the 1st quarter worth about $4,042,000. 21.90% of the stock is owned by hedge funds and other institutional investors.
Nebius Group Stock Up 17.0%
Shares of NASDAQ:NBIS traded up $4.81 on Monday, hitting $33.08. The company had a trading volume of 12,334,997 shares, compared to its average volume of 10,227,605. Nebius Group has a 1 year low of $14.09 and a 1 year high of $50.87. The firm has a market capitalization of $7.79 billion, a price-to-earnings ratio of -58.25 and a beta of 3.11. The firm's 50-day simple moving average is $24.36 and its two-hundred day simple moving average is $28.12.
Nebius Group Company Profile
(
Get 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.
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