Metis Global Partners LLC Decreases Stake in Nutanix $NTNX

Metis Global Partners LLC reduced its position in Nutanix (NASDAQ:NTNX) by 16.3% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 7,763 shares of the technology company’s stock after selling 1,516 shares during the period. Metis Global Partners LLC’s holdings in Nutanix were worth $593,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Jericho Capital Asset Management L.P. raised its position in shares of Nutanix by 46.8% in the first quarter. Jericho Capital Asset Management L.P. now owns 4,102,993 shares of the technology company’s stock valued at $286,430,000 after purchasing an additional 1,308,357 shares during the period. AQR Capital Management LLC boosted its holdings in Nutanix by 65.5% in the 1st quarter. AQR Capital Management LLC now owns 3,604,005 shares of the technology company’s stock worth $246,874,000 after buying an additional 1,426,049 shares during the period. Nordea Investment Management AB grew its stake in Nutanix by 10.0% in the 2nd quarter. Nordea Investment Management AB now owns 2,924,167 shares of the technology company’s stock valued at $224,868,000 after buying an additional 266,512 shares in the last quarter. Federated Hermes Inc. raised its holdings in 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 acquiring an additional 423,249 shares during the period. Finally, Northern Trust Corp raised its holdings in 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 acquiring an additional 291,188 shares during the period. Institutional investors own 85.25% of the company’s stock.

Nutanix Trading Down 1.2%

Shares of NASDAQ NTNX opened at $67.71 on Thursday. The business has a 50-day moving average of $72.36 and a 200-day moving average of $73.41. The firm has a market capitalization of $18.20 billion, a price-to-earnings ratio of 105.80, a PEG ratio of 6.55 and a beta of 0.54. Nutanix has a 12 month low of $54.66 and a 12 month high of $83.36.

Nutanix (NASDAQ:NTNX) last announced its earnings results on Wednesday, August 27th. The technology company reported $0.37 earnings per share (EPS) for the quarter, beating 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 previous year, the business posted $0.27 earnings per share. Nutanix’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. On average, analysts predict that Nutanix will post 0.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Needham & Company LLC cut their price target on Nutanix from $92.00 to $80.00 and set a “buy” rating for the company in a report on Thursday, August 28th. Barclays cut their target price on Nutanix from $94.00 to $82.00 and set an “overweight” rating for the company in a research note on Thursday, August 28th. JPMorgan Chase & Co. decreased their price target on Nutanix from $90.00 to $81.00 and set an “overweight” rating on the stock in a research report on Thursday, August 28th. Northland Capmk downgraded shares of Nutanix from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 9th. Finally, Citigroup raised shares of Nutanix to a “positive” rating in a research note on Tuesday, August 5th. One investment 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.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $87.67.

Insider Transactions at Nutanix

In other Nutanix news, Director Teresa Gayle Sheppard sold 3,500 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $76.48, for a total transaction of $267,680.00. Following the sale, the director owned 22,400 shares in the company, valued at $1,713,152. This trade represents a 13.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Rajiv Ramaswami sold 144,707 shares of Nutanix stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $76.42, for a total value of $11,058,508.94. Following the sale, the chief executive officer directly owned 524,608 shares of the company’s stock, valued at approximately $40,090,543.36. This trade represents a 21.62% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 159,598 shares of company stock valued at $12,218,560. Insiders own 2.40% of the company’s stock.

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.