Blue Trust Inc. Decreases Stock Position in Nutanix $NTNX

Blue Trust Inc. cut its stake in Nutanix (NASDAQ:NTNX) by 18.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 861 shares of the technology company’s stock after selling 191 shares during the period. Blue Trust Inc.’s holdings in Nutanix were worth $66,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Jericho Capital Asset Management L.P. boosted its holdings in Nutanix by 46.8% in the first quarter. Jericho Capital Asset Management L.P. now owns 4,102,993 shares of the technology company’s stock valued at $286,430,000 after purchasing an additional 1,308,357 shares during the period. AQR Capital Management LLC boosted its holdings in Nutanix by 65.5% in the first quarter. AQR Capital Management LLC now owns 3,604,005 shares of the technology company’s stock valued at $246,874,000 after purchasing an additional 1,426,049 shares during the period. Federated Hermes Inc. boosted its holdings in Nutanix by 21.2% in the first quarter. Federated Hermes Inc. now owns 2,423,978 shares of the technology company’s stock valued at $169,218,000 after purchasing an additional 423,249 shares during the period. Northern Trust Corp boosted its holdings in Nutanix by 19.6% in the first quarter. Northern Trust Corp now owns 1,778,753 shares of the technology company’s stock valued at $124,175,000 after purchasing an additional 291,188 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Nutanix by 1.7% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,467,177 shares of the technology company’s stock valued at $102,424,000 after purchasing an additional 24,372 shares during the period. 85.25% of the stock is currently owned by hedge funds and other institutional investors.

Nutanix Stock Up 1.4%

Shares of NTNX stock opened at $67.66 on Friday. The stock has a market capitalization of $18.19 billion, a PE ratio of 105.72, a price-to-earnings-growth ratio of 6.42 and a beta of 0.51. Nutanix has a 52-week low of $54.66 and a 52-week high of $83.36. The stock’s 50-day moving average price is $71.95 and its 200 day moving average price is $72.36.

Nutanix (NASDAQ:NTNX) last issued its quarterly earnings results on Wednesday, August 27th. The technology company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.06. The firm had revenue of $653.27 million for the quarter, compared to analysts’ expectations of $642.48 million. Nutanix had a negative return on equity of 28.01% and a net margin of 7.42%.The firm’s revenue for the quarter was up 19.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.27 EPS. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. Analysts expect that Nutanix will post 0.31 earnings per share for the current fiscal year.

Insider Activity at Nutanix

In related news, Director Teresa Gayle Sheppard sold 3,500 shares of the business’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $76.48, for a total value of $267,680.00. Following the transaction, the director owned 22,400 shares in the company, valued at $1,713,152. The trade was a 13.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Rajiv Ramaswami sold 144,707 shares of the business’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $76.42, for a total value of $11,058,508.94. Following the completion of the transaction, the chief executive officer owned 524,608 shares in the company, valued at $40,090,543.36. This trade represents a 21.62% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 159,598 shares of company stock worth $12,218,560 in the last quarter. Company insiders own 6.80% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on NTNX shares. Northland Capmk downgraded Nutanix from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 9th. Citigroup raised Nutanix to a “positive” rating in a report on Tuesday, August 5th. Wall Street Zen downgraded Nutanix from a “strong-buy” rating to a “buy” rating in a report on Monday, June 30th. JPMorgan Chase & Co. decreased their price target on Nutanix from $90.00 to $81.00 and set an “overweight” rating for the company in a report on Thursday, August 28th. Finally, Bank of America decreased their price target on Nutanix from $95.00 to $93.00 and set a “buy” rating for the company in a report on Thursday, August 28th. Fourteen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock 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.