Future Fund LLC bought a new stake in Nutanix (NASDAQ:NTNX – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 9,309 shares of the technology company’s stock, valued at approximately $712,000.
Other large investors also recently bought and sold shares of the company. Twin Tree Management LP acquired a new position in shares of Nutanix in the 1st quarter valued at $29,000. GW&K Investment Management LLC purchased a new position in shares of Nutanix in the 1st quarter worth $30,000. SouthState Corp acquired a new position in Nutanix in the first quarter valued at $32,000. Farther Finance Advisors LLC boosted its holdings in Nutanix by 42.6% in the second quarter. Farther Finance Advisors LLC now owns 502 shares of the technology company’s stock valued at $38,000 after acquiring an additional 150 shares during the last quarter. Finally, V Square Quantitative Management LLC purchased a new stake in Nutanix during the second quarter valued at about $45,000. Hedge funds and other institutional investors own 85.25% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages have commented on NTNX. Zacks Research upgraded Nutanix from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th. Northland Capmk downgraded shares of Nutanix from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 9th. Northland Securities set a $76.00 price target on shares of Nutanix in a report on Thursday, October 9th. Needham & Company LLC reduced their price target on shares of Nutanix from $92.00 to $80.00 and set a “buy” rating on the stock in a research report on Thursday, August 28th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Nutanix in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $87.67.
Nutanix Price Performance
Shares of Nutanix stock opened at $69.62 on Monday. The business has a 50-day moving average of $72.23 and a 200-day moving average of $73.40. The company has a market capitalization of $18.71 billion, a PE ratio of 108.78, a P/E/G ratio of 6.55 and a beta of 0.54. Nutanix has a 1-year low of $54.66 and a 1-year high of $83.36.
Nutanix (NASDAQ:NTNX – Get Free Report) last released its quarterly earnings results on Wednesday, August 27th. The technology company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.31 by $0.06. Nutanix had a negative return on equity of 28.01% and a net margin of 7.42%.The business had revenue of $653.27 million for the quarter, compared to analysts’ expectations of $642.48 million. During the same quarter in the previous year, the firm posted $0.27 earnings per share. The company’s revenue was up 19.2% compared to the same quarter last year. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. On average, equities analysts expect that Nutanix will post 0.31 earnings per share for the current fiscal year.
Insider Buying and Selling at Nutanix
In other Nutanix news, CEO Rajiv Ramaswami sold 144,707 shares of the firm’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $76.42, for a total transaction of $11,058,508.94. Following the completion of the transaction, the chief executive officer directly owned 524,608 shares of the company’s stock, valued at $40,090,543.36. This trade represents a 21.62% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Rukmini Sivaraman sold 11,391 shares of the business’s stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $78.34, for a total transaction of $892,370.94. Following the completion of the sale, the chief financial officer directly owned 254,637 shares of the company’s stock, valued at $19,948,262.58. The trade was a 4.28% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 159,598 shares of company stock worth $12,218,560 in the last ninety days. 2.40% of the stock is owned by insiders.
About Nutanix
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.
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