VNET Group (NASDAQ:VNET) Trading 8.7% Higher – Here’s What Happened

14 Apr 2026, 13:48 by Renee Jackson · The Cerbat Gem

VNET Group, Inc. – Unsponsored ADR (NASDAQ:VNET – Get Free Report)’s stock price shot up 8.7% during mid-day trading on Tuesday . The company traded as high as $9.17 and last traded at $9.1760. 4,406,478 shares were traded during trading, a decline of 33% from the average session volume of 6,562,753 shares. The stock had previously closed at $8.44.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on VNET. Jefferies Financial Group restated a “buy” rating and set a $23.55 price target on shares of VNET Group in a report on Monday, March 16th. Weiss Ratings restated a “sell (d-)” rating on shares of VNET Group in a report on Friday, March 27th. Finally, Bank of America restated a “buy” rating on shares of VNET Group in a report on Monday, March 16th. Two analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $18.08.

Get Our Latest Research Report on VNET

VNET Group Price Performance

The business has a fifty day simple moving average of $10.28 and a two-hundred day simple moving average of $9.83. The company has a current ratio of 0.92, a quick ratio of 0.90 and a debt-to-equity ratio of 2.68. The stock has a market cap of $2.45 billion, a PE ratio of -31.47 and a beta of 0.16.

VNET Group (NASDAQ:VNET – Get Free Report) last posted its earnings results on Monday, March 16th. The information technology services provider reported $0.00 earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.04). VNET Group had a positive return on equity of 1.36% and a negative net margin of 2.48%.The firm had revenue of $384.07 million for the quarter, compared to analysts’ expectations of $368.64 million. Research analysts forecast that VNET Group, Inc. – Unsponsored ADR will post -0.06 earnings per share for the current year.

Insider Buying and Selling at VNET Group

In other VNET Group news, Director David Lifeng Chen sold 83,544 shares of the company’s stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $1.51, for a total transaction of $126,151.44. Following the transaction, the director owned 334,164 shares in the company, valued at approximately $504,587.64. This represents a 20.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 12.10% of the company’s stock.

Institutional Trading of VNET Group

Hedge funds have recently made changes to their positions in the stock. William Blair Investment Management LLC bought a new stake in shares of VNET Group in the 3rd quarter worth approximately $15,951,000. DNB Asset Management AS bought a new stake in shares of VNET Group in the 3rd quarter worth approximately $1,744,000. GSA Capital Partners LLP boosted its position in shares of VNET Group by 110.3% in the 3rd quarter. GSA Capital Partners LLP now owns 236,240 shares of the information technology services provider’s stock worth $2,440,000 after purchasing an additional 123,901 shares in the last quarter. Temasek Holdings Private Ltd bought a new stake in shares of VNET Group in the 3rd quarter worth approximately $3,087,000. Finally, American Century Companies Inc. boosted its position in shares of VNET Group by 180.3% in the 3rd quarter. American Century Companies Inc. now owns 1,711,976 shares of the information technology services provider’s stock worth $17,685,000 after purchasing an additional 1,101,137 shares in the last quarter. 72.83% of the stock is owned by institutional investors.

VNET Group Company Profile

(Get Free Report)

VNET Group, Inc (NASDAQ: VNET) is a leading carrier-neutral internet data center (IDC) services provider in China. Established in 1999 and headquartered in Beijing, the company delivers a full spectrum of infrastructure solutions that support the growing digital economy. Its core offerings include data center colocation, managed hosting, network connectivity, and disaster recovery services designed to meet the performance and reliability requirements of enterprise and internet content customers.