Panview Capital Ltd Makes New $22.48 Million Investment in VEON Ltd. $VEON

Panview Capital Ltd acquired a new stake in VEON Ltd. (NASDAQ:VEON) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 413,021 shares of the Wireless communications provider’s stock, valued at approximately $22,481,000. VEON accounts for about 9.6% of Panview Capital Ltd’s portfolio, making the stock its 4th largest holding. Panview Capital Ltd owned approximately 0.56% of VEON as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Diversify Wealth Management LLC purchased a new position in VEON in the third quarter worth $1,078,000. RWC Asset Management LLP bought a new stake in shares of VEON during the 3rd quarter worth $2,048,000. Squarepoint Ops LLC purchased a new position in shares of VEON in the 2nd quarter worth about $634,000. Handelsbanken Fonder AB bought a new position in VEON during the second quarter valued at about $267,000. Finally, Envestnet Asset Management Inc. purchased a new stake in VEON during the third quarter worth about $1,645,000. Institutional investors own 21.30% of the company’s stock.

VEON Trading Up 1.5%

Shares of VEON stock opened at $54.00 on Monday. The stock has a market capitalization of $3.73 billion, a P/E ratio of 6.14 and a beta of 1.59. VEON Ltd. has a 52-week low of $34.55 and a 52-week high of $64.00. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.94 and a current ratio of 0.95. The stock’s 50-day simple moving average is $53.85 and its 200 day simple moving average is $52.69.

VEON declared that its Board of Directors has authorized a stock buyback plan on Monday, November 17th that authorizes the company to repurchase 0 shares. This repurchase authorization authorizes the Wireless communications provider to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

Analysts Set New Price Targets

VEON has been the subject of a number of research reports. Weiss Ratings reissued a “hold (c)” rating on shares of VEON in a research report on Monday, December 29th. Zacks Research upgraded VEON from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 8th. Finally, Wall Street Zen raised VEON from a “hold” rating to a “buy” rating in a report on Saturday, January 10th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, VEON has a consensus rating of “Moderate Buy” and an average target price of $60.00.

VEON News Summary

Here are the key news stories impacting VEON this week:

• Positive Sentiment: Jazz International Holding (VEON subsidiary) has agreed to buy a controlling stake in TPL Insurance for ~PKR 4.15bn (~USD 14.6m). TPL is an AA‑rated, digital-first InsurTech (PKR 5.7bn gross written premium, ~277k policies) — the deal accelerates cross-sell into JazzCash and Mobilink Bank and expands VEON’s addressable digital‑financial market in Pakistan. VEON and JazzWorld Advance Pakistan’s Digital Financial Future with Acquisition of TPL Insurance
• Neutral Sentiment: VEON is also active on partnerships and innovation (MoUs with Rakuten Symphony/Beeline Uzbekistan and a GSMA co-funding pact for Pakistani tech startups), which support longer‑term product development and ecosystem build-out but are less likely to drive immediate revenue. Veon and GSMA Sign MoU to Co-Fund Tech Start-Ups in Pakistan
• Neutral Sentiment: Technical/trading context: intraday volume is well above average and the stock sits modestly above its 50- and 200‑day moving averages, which can amplify positive market reaction in the short term.
• Negative Sentiment: Key risks remain: the transaction requires Competition Commission of Pakistan clearance and VEON disclosed that some TPL figures are from preliminary unaudited accounts. Regulatory, audit and integration risks could delay or reduce the expected benefits. VEON Ltd. Subsidiary Acquires Controlling Stake in TPL Insurance to Enhance Digital Financial Services in Pakistan

VEON Company Profile

VEON Ltd (NASDAQ: VEON) is a global telecommunications and digital services provider headquartered in Amsterdam, the Netherlands. Originally founded as VimpelCom in Russia in 1992, the company rebranded to VEON in 2017 to reflect its transformation into a technology-driven operator. VEON operates as a holding company with direct investments in mobile and internet service providers across multiple emerging markets, delivering voice, data and digital services to individual and enterprise customers.

Through its operating subsidiaries, VEON offers a broad portfolio that includes 2G/3G/4G mobile access, fixed broadband, digital lifestyle applications and mobile financial services.