Nebius Group N.V. (NASDAQ:NBIS – Get Free Report)’s stock price was down 9.1% during trading on Wednesday . The stock traded as low as $24.43 and last traded at $24.71. Approximately 8,348,866 shares traded hands during mid-day trading, a decline of 19% from the average daily volume of 10,302,914 shares. The stock had previously closed at $27.17.
Analyst Ratings Changes
NBIS has been the subject of a number of research reports. BWS Financial restated a “buy” rating and set a $60.00 price objective on shares of Nebius Group in a research report on Tuesday, March 4th. DA Davidson initiated coverage on shares of Nebius Group in a research note on Tuesday, February 25th. They set a “buy” rating and a $50.00 price target on the stock.
View Our Latest Report on NBIS
Nebius Group Trading Down 12.2 %
Institutional Trading of Nebius Group
An institutional investor recently bought a new position in Nebius Group stock. Centaurus Financial Inc. acquired a new stake in Nebius Group N.V. (NASDAQ:NBIS – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 343,130 shares of the company’s stock, valued at approximately $9,505,000. Centaurus Financial Inc. owned 0.15% of Nebius Group at the end of the most recent reporting period. Institutional investors own 21.90% of the company’s stock.
Nebius Group Company 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.
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