Vestor Capital LLC Sells 133,486 Shares of Nebius Group N.V. $NBIS

Vestor Capital LLC lessened its holdings in Nebius Group N.V. (NASDAQ:NBIS) by 99.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. 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 quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. IFP Advisors Inc bought a new stake in shares of Nebius Group in the 1st quarter valued at approximately $25,000. Signaturefd LLC lifted its position in shares of Nebius Group by 125.0% during the 2nd quarter. Signaturefd LLC now owns 450 shares of the company’s stock worth $25,000 after buying an additional 250 shares during the period. SJS Investment Consulting Inc. acquired a new stake in Nebius Group in the 2nd quarter valued at $31,000. Banque Cantonale Vaudoise bought a new stake in Nebius Group in the first quarter valued at $33,000. Finally, Assetmark Inc. grew its position in Nebius Group by 102.0% in the second quarter. Assetmark Inc. now owns 602 shares of the company’s stock valued at $33,000 after acquiring an additional 304 shares during the period. Institutional investors own 21.90% of the company’s stock.

Nebius Group Stock Up 10.4%

Shares of NASDAQ:NBIS opened at $91.90 on Tuesday. The company has a quick ratio of 14.70, a current ratio of 14.70 and a debt-to-equity ratio of 0.31. The firm has a market cap of $21.67 billion, a P/E ratio of -119.35 and a beta of 3.29. Nebius Group N.V. has a 12 month low of $18.31 and a 12 month high of $141.10. The company’s 50-day moving average price is $110.13 and its two-hundred day moving average price is $74.13.

Analyst Ratings Changes

A number of research analysts have issued reports on NBIS shares. CICC Research started coverage on Nebius Group in a report on Tuesday, November 11th. They set an “outperform” rating and a $143.00 price objective for the company. Wall Street Zen cut shares of Nebius Group from a “hold” rating to a “sell” rating in a research report on Saturday, November 15th. Northland Securities boosted their price target on shares of Nebius Group from $206.00 to $211.00 and gave the company an “outperform” rating in a research report on Wednesday, November 12th. Seaport Res Ptn raised shares of Nebius Group to a “hold” rating in a report on Monday, September 15th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Nebius Group in a research note on Tuesday, November 11th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $144.71.

About Nebius Group

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.