Caisse DE Depot ET Placement DU Quebec Boosts Stake in Nutanix $NTNX

Caisse DE Depot ET Placement DU Quebec boosted its stake in Nutanix (NASDAQ:NTNX) by 121.5% during the first quarter, Holdings Channel.com reports. The institutional investor owned 122,924 shares of the technology company’s stock after acquiring an additional 67,419 shares during the period. Caisse DE Depot ET Placement DU Quebec’s holdings in Nutanix were worth $8,581,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of NTNX. Colonial Trust Co SC purchased a new stake in Nutanix in the 4th quarter valued at approximately $28,000. MassMutual Private Wealth & Trust FSB lifted its stake in Nutanix by 78.0% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 436 shares of the technology company’s stock valued at $30,000 after buying an additional 191 shares in the last quarter. GW&K Investment Management LLC purchased a new stake in Nutanix in the 1st quarter valued at approximately $30,000. SouthState Corp purchased a new stake in Nutanix in the 1st quarter valued at approximately $32,000. Finally, Fifth Third Bancorp lifted its stake in Nutanix by 98.4% in the 1st quarter. Fifth Third Bancorp now owns 504 shares of the technology company’s stock valued at $35,000 after buying an additional 250 shares in the last quarter. Hedge funds and other institutional investors own 85.25% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Wall Street Zen lowered Nutanix from a “strong-buy” rating to a “buy” rating in a research note on Monday, June 30th. Morgan Stanley reaffirmed an “overweight” rating and issued a $90.00 target price (up from $75.00) on shares of Nutanix in a research report on Tuesday, May 20th. KeyCorp began coverage on Nutanix in a report on Thursday, June 26th. They issued an “overweight” rating and a $95.00 price target for the company. Piper Sandler restated an “overweight” rating and set a $88.00 target price (up from $76.00) on shares of Nutanix in a research note on Thursday, May 29th. Finally, Raymond James Financial cut shares of Nutanix from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 20th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Nutanix presently has an average rating of “Moderate Buy” and an average price target of $91.00.

Insider Buying and Selling at Nutanix

In related news, CFO Rukmini Sivaraman sold 2,100 shares of Nutanix stock in a transaction on Monday, June 16th. The shares were sold at an average price of $72.73, for a total value of $152,733.00. Following the completion of the sale, the chief financial officer owned 209,070 shares of the company’s stock, valued at approximately $15,205,661.10. The trade was a 0.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Rajiv Ramaswami sold 1,925 shares of Nutanix stock in a transaction on Thursday, June 26th. The stock was sold at an average price of $75.00, for a total transaction of $144,375.00. Following the completion of the transaction, the chief executive officer owned 518,561 shares in the company, valued at $38,892,075. This trade represents a 0.37% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 5,491,492 shares of company stock worth $421,797,778 in the last 90 days. 6.80% of the stock is currently owned by company insiders.

Nutanix Stock Performance

Nutanix stock opened at $69.60 on Thursday. The firm has a market cap of $18.66 billion, a price-to-earnings ratio of 138.98, a price-to-earnings-growth ratio of 4.54 and a beta of 0.71. Nutanix has a 1 year low of $52.18 and a 1 year high of $83.36. The firm’s 50 day moving average price is $73.07 and its two-hundred day moving average price is $71.95.

Nutanix (NASDAQ:NTNX) last posted its quarterly earnings data on Wednesday, August 27th. The technology company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.06. The firm had revenue of $653.27 million during the quarter, compared to analyst estimates of $642.48 million. Nutanix had a net margin of 0.97% and a negative return on equity of 21.32%. The company’s revenue was up 19.2% on a year-over-year basis. During the same quarter last year, the business posted $0.27 EPS. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, equities analysts predict that Nutanix will post 0.31 EPS for the current fiscal year.

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.