CreativeOne Wealth LLC Makes New $381,000 Investment in Nebius Group N.V. $NBIS

CreativeOne Wealth LLC acquired a new stake in Nebius Group N.V. (NASDAQ:NBIS) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,886 shares of the company’s stock, valued at approximately $381,000.

A number of other large investors have also made changes to their positions in the stock. Signaturefd LLC lifted its holdings in Nebius Group by 125.0% in the 2nd quarter. Signaturefd LLC now owns 450 shares of the company’s stock valued at $25,000 after purchasing an additional 250 shares in the last quarter. SJS Investment Consulting Inc. purchased a new stake in shares of Nebius Group during the second quarter worth about $31,000. Assetmark Inc. raised its position in shares of 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 buying an additional 304 shares during the last quarter. LRI Investments LLC lifted its stake in shares of Nebius Group by 85.4% during the second quarter. LRI Investments LLC now owns 673 shares of the company’s stock valued at $37,000 after buying an additional 310 shares during the period. Finally, Oliver Lagore Vanvalin Investment Group purchased a new position in shares of Nebius Group during the second quarter valued at approximately $40,000. Institutional investors and hedge funds own 21.90% of the company’s stock.

Nebius Group Price Performance

Shares of Nebius Group stock opened at $94.87 on Friday. The business’s fifty day moving average price is $110.05 and its 200 day moving average price is $75.55. Nebius Group N.V. has a twelve month low of $18.31 and a twelve month high of $141.10. The company has a current ratio of 14.70, a quick ratio of 14.70 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $23.89 billion, a P/E ratio of -123.20 and a beta of 3.29.

Wall Street Analyst Weigh In

NBIS has been the subject of several analyst reports. Northland Securities boosted their price target on Nebius Group from $206.00 to $211.00 and gave the company an “outperform” rating in a report on Wednesday, November 12th. BWS Financial reaffirmed a “buy” rating and issued a $130.00 price objective on shares of Nebius Group in a research report on Thursday, November 13th. Seaport Res Ptn upgraded Nebius Group to a “hold” rating in a research report on Monday, September 15th. Citizens Jmp initiated coverage on Nebius Group in a research note on Wednesday, November 19th. They issued a “market outperform” rating and a $175.00 price target on the stock. Finally, CICC Research assumed coverage on Nebius Group in a report on Tuesday, November 11th. They issued an “outperform” rating and a $143.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price 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.