SteelPeak Wealth LLC Makes New $205,000 Investment in Nutanix $NTNX

SteelPeak Wealth LLC acquired a new position in shares of Nutanix (NASDAQ:NTNX) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 2,679 shares of the technology company’s stock, valued at approximately $205,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Twin Tree Management LP purchased a new position in Nutanix during the 1st quarter worth approximately $29,000. GW&K Investment Management LLC acquired a new stake in shares of Nutanix in the 1st quarter valued at $30,000. SouthState Corp acquired a new stake in shares of Nutanix in the 1st quarter valued at $32,000. Fifth Third Bancorp lifted its stake in shares of Nutanix by 98.4% in the 1st quarter. Fifth Third Bancorp now owns 504 shares of the technology company’s stock valued at $35,000 after purchasing an additional 250 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its position in Nutanix by 42.6% during the 2nd quarter. Farther Finance Advisors LLC now owns 502 shares of the technology company’s stock worth $38,000 after acquiring an additional 150 shares during the last quarter. 85.25% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, CFO Rukmini Sivaraman sold 11,391 shares of the stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $78.34, for a total value of $892,370.94. Following the completion of the transaction, the chief financial officer owned 254,637 shares of the company’s stock, valued at $19,948,262.58. This represents a 4.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Teresa Gayle Sheppard sold 3,500 shares of the stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $76.48, for a total transaction of $267,680.00. Following the completion of the transaction, the director directly owned 22,400 shares of the company’s stock, valued at $1,713,152. This trade represents a 13.51% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 159,598 shares of company stock valued at $12,218,560. Insiders own 6.80% of the company’s stock.

Nutanix Stock Performance

Shares of NTNX opened at $68.77 on Friday. The company has a 50-day simple moving average of $72.59 and a 200-day simple moving average of $72.52. The firm has a market capitalization of $18.49 billion, a P/E ratio of 107.45, a P/E/G ratio of 6.84 and a beta of 0.51. Nutanix has a 52 week low of $54.66 and a 52 week high of $83.36.

Nutanix (NASDAQ:NTNX) last announced its quarterly earnings data on Wednesday, August 27th. The technology company reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.06. The business had revenue of $653.27 million during the quarter, compared to analyst estimates of $642.48 million. Nutanix had a net margin of 7.42% and a negative return on equity of 28.01%. The firm’s revenue for the quarter was up 19.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.27 earnings per share. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, equities analysts forecast that Nutanix will post 0.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on NTNX shares. Northland Securities set a $76.00 price target on Nutanix in a research report on Thursday. The Goldman Sachs Group started coverage on Nutanix in a research report on Tuesday, July 15th. They issued a “buy” rating and a $95.00 price target on the stock. Wall Street Zen downgraded Nutanix from a “strong-buy” rating to a “buy” rating in a research report on Monday, June 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nutanix in a research report on Wednesday. Finally, Bank of America lowered their price target on Nutanix from $95.00 to $93.00 and set a “buy” rating on the stock in a research report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Nutanix presently has an average rating of “Moderate Buy” and a consensus target price of $87.67.

Nutanix Profile

Nutanix, Inc engages in the provision of a cloud platform leveraging web-scale engineering and consumer-grade design. It operates through the following geographic segments: United States, Europe, the Middle East, Africa, Asia Pacific, and Other Americas. The firm also provides software solutions and cloud services to customers’ enterprise infrastructure.