Asset Management One Co. Ltd. Raises Stock Position in Nutanix $NTNX

Asset Management One Co. Ltd. boosted its position in shares of Nutanix (NASDAQ:NTNX) by 3.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 95,445 shares of the technology company’s stock after acquiring an additional 3,192 shares during the period. Asset Management One Co. Ltd.’s holdings in Nutanix were worth $7,296,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Twin Tree Management LP purchased a new position in Nutanix in the 1st quarter worth approximately $29,000. GW&K Investment Management LLC purchased a new position in Nutanix in the 1st quarter worth approximately $30,000. SouthState Corp purchased a new position in Nutanix in the 1st quarter worth approximately $32,000. Farther Finance Advisors LLC grew its stake in Nutanix by 42.6% in the 2nd quarter. Farther Finance Advisors LLC now owns 502 shares of the technology company’s stock worth $38,000 after buying an additional 150 shares in the last quarter. Finally, V Square Quantitative Management LLC purchased a new position in Nutanix in the 2nd quarter worth approximately $45,000. Hedge funds and other institutional investors own 85.25% of the company’s stock.

Nutanix Stock Down 0.7%

NASDAQ:NTNX opened at $69.55 on Tuesday. The company has a fifty day moving average of $71.96 and a 200 day moving average of $72.77. Nutanix has a 52 week low of $54.66 and a 52 week high of $83.36. The firm has a market capitalization of $18.70 billion, a P/E ratio of 108.67, a P/E/G ratio of 6.74 and a beta of 0.51.

Nutanix (NASDAQ:NTNX) last issued its quarterly earnings data 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 net margin of 7.42% and a negative return on equity of 28.01%. The business had revenue of $653.27 million during the quarter, compared to analyst estimates of $642.48 million. During the same period in the prior year, the business earned $0.27 EPS. The company’s revenue for the quarter was up 19.2% on a year-over-year basis. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, analysts anticipate that Nutanix will post 0.31 EPS for the current year.

Insiders Place Their Bets

In other Nutanix news, CFO Rukmini Sivaraman sold 11,391 shares of the company’s stock in a transaction on 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 directly owned 254,637 shares in the company, valued at approximately $19,948,262.58. This represents a 4.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 completion of the transaction, the chief executive officer owned 524,608 shares of the company’s stock, valued at $40,090,543.36. This trade represents a 21.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 159,598 shares of company stock worth $12,218,560. 6.80% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have commented on NTNX shares. Bank of America cut their price target on shares of Nutanix from $95.00 to $93.00 and set a “buy” rating for the company in a research note on Thursday, August 28th. Needham & Company LLC lowered their price objective on shares of Nutanix from $92.00 to $80.00 and set a “buy” rating for the company in a report on Thursday, August 28th. Wells Fargo & Company lowered their price objective on shares of Nutanix from $85.00 to $71.00 and set an “equal weight” rating for the company in a report on Thursday, August 28th. Barclays lowered their price objective on shares of Nutanix from $94.00 to $82.00 and set an “overweight” rating for the company in a report on Thursday, August 28th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Nutanix from $90.00 to $81.00 and set an “overweight” 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 stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $87.67.

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.