3,918 Shares in Nutanix $NTNX Acquired by waypoint wealth counsel

waypoint wealth counsel purchased a new position in shares of Nutanix (NASDAQ:NTNX) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 3,918 shares of the technology company’s stock, valued at approximately $299,000.

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

Nutanix Price Performance

Shares of NASDAQ:NTNX opened at $68.34 on Friday. The firm has a market capitalization of $18.37 billion, a PE ratio of 106.78, a price-to-earnings-growth ratio of 6.57 and a beta of 0.51. The firm’s 50-day moving average is $72.51 and its two-hundred day moving average is $72.47. Nutanix has a 1 year low of $54.66 and a 1 year high of $83.36.

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, topping analysts’ consensus estimates of $0.31 by $0.06. Nutanix had a net margin of 7.42% and a negative return on equity of 28.01%. The company had revenue of $653.27 million for the quarter, compared to analyst estimates of $642.48 million. During the same period in the prior year, the firm earned $0.27 earnings per share. The business’s revenue for the quarter 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. Analysts expect that Nutanix will post 0.31 EPS for the current fiscal year.

Insider Transactions at Nutanix

In other news, CEO Rajiv Ramaswami sold 144,707 shares of the company’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $76.42, for a total transaction of $11,058,508.94. Following the sale, the chief executive officer owned 524,608 shares of the company’s stock, valued at approximately $40,090,543.36. This represents a 21.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Rukmini Sivaraman sold 11,391 shares of the company’s stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $78.34, for a total value of $892,370.94. Following the sale, the chief financial officer directly owned 254,637 shares in the company, valued at $19,948,262.58. This represents a 4.28% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 159,598 shares of company stock valued at $12,218,560. 6.80% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on NTNX shares. Wells Fargo & Company reduced their target price on Nutanix from $85.00 to $71.00 and set an “equal weight” rating on the stock in a research report on Thursday, August 28th. Barclays reduced their target price on Nutanix from $94.00 to $82.00 and set an “overweight” rating on the stock in a research report on Thursday, August 28th. Wall Street Zen lowered shares of Nutanix from a “strong-buy” rating to a “buy” rating in a report on Monday, June 30th. KeyCorp began coverage on shares of Nutanix in a report on Thursday, June 26th. They issued an “overweight” rating and a $95.00 price objective on the stock. Finally, Bank of America reduced their price target on shares of Nutanix from $95.00 to $93.00 and set a “buy” rating on the stock in a research note on Thursday, August 28th. Fourteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average 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.