Vestor Capital LLC Has $40,000 Stake in Nebius Group N.V. $NBIS

Vestor Capital LLC trimmed its stake in Nebius Group N.V. (NASDAQ:NBIS) by 99.5% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 727 shares of the company’s stock after selling 133,486 shares during the period. Vestor Capital LLC’s holdings in Nebius Group were worth $40,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in NBIS. Tableaux LLC acquired a new position in Nebius Group during the second quarter valued at approximately $4,426,000. JPMorgan Chase & Co. lifted its stake in shares of Nebius Group by 297.4% in the second quarter. JPMorgan Chase & Co. now owns 848,336 shares of the company’s stock worth $46,938,000 after buying an additional 634,838 shares during the last quarter. Handelsbanken Fonder AB bought a new stake in shares of Nebius Group during the 2nd quarter worth $2,490,000. Nicholas Wealth LLC. bought a new stake in shares of Nebius Group during the 2nd quarter worth $230,000. Finally, TD Waterhouse Canada Inc. grew its stake in Nebius Group by 53.7% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 8,549 shares of the company’s stock valued at $473,000 after buying an additional 2,987 shares during the last quarter. Institutional investors own 21.90% of the company’s stock.

Nebius Group Stock Up 10.4%

NBIS stock opened at $91.90 on Tuesday. The company has a market cap of $21.67 billion, a PE ratio of -119.35 and a beta of 3.29. The company has a quick ratio of 14.70, a current ratio of 14.70 and a debt-to-equity ratio of 0.31. Nebius Group N.V. has a twelve month low of $18.31 and a twelve month high of $141.10. The business’s 50-day simple moving average is $110.13 and its 200 day simple moving average is $74.13.

Analyst Ratings Changes

A number of research analysts have weighed in on NBIS shares. The Goldman Sachs Group reissued a “buy” rating and set a $120.00 target price on shares of Nebius Group in a research report on Wednesday, September 17th. Citizens Jmp started coverage on Nebius Group in a research note on Wednesday, November 19th. They issued a “market outperform” rating and a $175.00 price objective on the stock. Wall Street Zen cut Nebius Group from a “hold” rating to a “sell” rating in a research report on Saturday, November 15th. Weiss Ratings restated a “hold (c+)” rating on shares of Nebius Group in a research note on Tuesday, November 11th. Finally, CICC Research started coverage on Nebius Group in a report on Tuesday, November 11th. They issued an “outperform” rating and a $143.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $144.71.

Nebius Group Profile

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.