AustralianSuper Pty Ltd Buys New Stake in Nutanix $NTNX

AustralianSuper Pty Ltd bought a new stake in Nutanix (NASDAQ:NTNX) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 260,782 shares of the technology company’s stock, valued at approximately $19,934,000.

Other institutional investors have also modified their holdings of the company. Swedbank AB acquired a new position in shares of Nutanix in the first quarter worth $1,642,000. Silverberg Bernstein Capital Management LLC grew its stake in shares of Nutanix by 61.6% in the second quarter. Silverberg Bernstein Capital Management LLC now owns 37,893 shares of the technology company’s stock worth $2,897,000 after acquiring an additional 14,438 shares in the last quarter. OMNI 360 Wealth Inc. acquired a new position in shares of Nutanix in the second quarter worth $265,000. Inspire Investing LLC grew its stake in shares of Nutanix by 43.1% in the first quarter. Inspire Investing LLC now owns 41,472 shares of the technology company’s stock worth $2,895,000 after acquiring an additional 12,489 shares in the last quarter. Finally, Amalgamated Bank grew its stake in shares of Nutanix by 4.9% in the first quarter. Amalgamated Bank now owns 14,420 shares of the technology company’s stock worth $1,007,000 after acquiring an additional 674 shares in the last quarter. Institutional investors and hedge funds own 85.25% of the company’s stock.

Insider Activity at Nutanix

In related news, CEO Rajiv Ramaswami sold 144,707 shares of the business’s stock in a transaction on 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 sale, the chief executive officer directly owned 524,608 shares of the company’s stock, valued at $40,090,543.36. The trade was a 21.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Teresa Gayle Sheppard sold 3,500 shares of the business’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $76.48, for a total transaction of $267,680.00. Following the completion of the sale, the director directly owned 22,400 shares of the company’s stock, valued at approximately $1,713,152. This trade represents a 13.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 159,598 shares of company stock valued at $12,218,560 over the last ninety days. Insiders own 6.80% of the company’s stock.

Analysts Set New Price Targets

NTNX has been the subject of several research reports. Bank of America dropped 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. Northland Capmk downgraded shares of Nutanix from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 9th. JPMorgan Chase & Co. decreased their price objective on shares of Nutanix from $90.00 to $81.00 and set an “overweight” rating for the company in a research report on Thursday, August 28th. Wells Fargo & Company decreased their price objective on shares of Nutanix from $85.00 to $71.00 and set an “equal weight” rating for the company in a research report on Thursday, August 28th. Finally, Wall Street Zen cut shares of Nutanix from a “strong-buy” rating to a “buy” rating in a research report on Monday, June 30th. Fourteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $87.67.

Nutanix Trading Down 0.7%

Nutanix stock opened at $69.55 on Tuesday. The stock has a market cap of $18.70 billion, a P/E ratio of 108.67, a price-to-earnings-growth ratio of 6.74 and a beta of 0.51. The company has a fifty day simple moving average of $71.96 and a 200-day simple moving average of $72.77. Nutanix has a 12-month low of $54.66 and a 12-month high of $83.36.

Nutanix (NASDAQ:NTNX) last announced its quarterly earnings results on Wednesday, August 27th. The technology company reported $0.37 earnings per share for the quarter, beating 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 firm had revenue of $653.27 million during the quarter, compared to analysts’ expectations of $642.48 million. During the same period in the previous year, the company earned $0.27 earnings per share. Nutanix’s quarterly 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. As a group, sell-side analysts forecast that Nutanix will post 0.31 earnings per share for the current fiscal year.

Nutanix Company 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.