Shares of Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) traded down 0.4% during mid-day trading on Friday . The stock traded as low as $25.54 and last traded at $26.08. 1,886,707 shares were traded during trading, a decline of 82% from the average session volume of 10,304,761 shares. The stock had previously closed at $26.18.
Analyst Ratings Changes
A number of equities analysts have recently commented on the stock. DA Davidson assumed coverage on shares of Nebius Group in a report on Tuesday, February 25th. They set a "buy" rating and a $50.00 price target on the stock. BWS Financial reiterated a "buy" rating and issued a $60.00 price target on shares of Nebius Group in a research report on Tuesday, March 4th.
View Our Latest Stock Report on NBIS
Nebius Group Price Performance
The firm's 50 day simple moving average is $34.32. The stock has a market capitalization of $6.88 billion, a P/E ratio of -51.26 and a beta of 2.47.
Institutional Trading of Nebius Group
An institutional investor recently bought a new position in Nebius Group stock. Centaurus Financial Inc. purchased a new position in Nebius Group N.V. (NASDAQ:NBIS - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 343,130 shares of the company's stock, valued at approximately $9,505,000. Centaurus Financial Inc. owned approximately 0.15% of Nebius Group as of its most recent filing with the Securities and Exchange Commission (SEC). 21.90% of the stock is owned by institutional investors and hedge funds.
About Nebius Group
(
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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