Northwestern Mutual Wealth Management Co. Purchases 49,245 Shares of Nutanix $NTNX

Northwestern Mutual Wealth Management Co. lifted its position in Nutanix (NASDAQ:NTNX) by 9.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 555,663 shares of the technology company’s stock after acquiring an additional 49,245 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Nutanix were worth $42,475,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in NTNX. Earned Wealth Advisors LLC grew its holdings in shares of Nutanix by 3.8% during the second quarter. Earned Wealth Advisors LLC now owns 3,915 shares of the technology company’s stock valued at $299,000 after buying an additional 142 shares during the last quarter. SBI Securities Co. Ltd. raised its holdings in Nutanix by 6.4% in the 2nd quarter. SBI Securities Co. Ltd. now owns 2,453 shares of the technology company’s stock valued at $188,000 after acquiring an additional 148 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in Nutanix by 42.6% in the second quarter. Farther Finance Advisors LLC now owns 502 shares of the technology company’s stock valued at $38,000 after acquiring an additional 150 shares during the last quarter. Simmons Bank lifted its stake in Nutanix by 2.1% during the second quarter. Simmons Bank now owns 7,295 shares of the technology company’s stock worth $558,000 after purchasing an additional 150 shares in the last quarter. Finally, Aaron Wealth Advisors LLC increased its stake in Nutanix by 2.6% during the 2nd quarter. Aaron Wealth Advisors LLC now owns 6,489 shares of the technology company’s stock worth $496,000 after buying an additional 162 shares during the period. 85.25% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

NTNX has been the subject of a number of research analyst reports. Barclays reaffirmed an “overweight” rating and issued a $64.00 price target on shares of Nutanix in a report on Wednesday. Wells Fargo & Company cut their target price on shares of Nutanix from $71.00 to $57.00 and set an “equal weight” rating for the company in a research note on Wednesday. Morgan Stanley lowered their price objective on shares of Nutanix from $90.00 to $82.00 and set an “overweight” rating for the company in a research note on Wednesday. The Goldman Sachs Group dropped their target price on Nutanix from $95.00 to $75.00 and set a “buy” rating on the stock in a report on Friday. Finally, Needham & Company LLC reduced their price objective on shares of Nutanix from $80.00 to $65.00 and set a “buy” rating on the stock in a research note on Wednesday. Thirteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, Nutanix currently has an average rating of “Moderate Buy” and an average target price of $75.13.

Insider Activity at Nutanix

In other Nutanix news, CFO Rukmini Sivaraman sold 11,391 shares of the firm’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 approximately $19,948,262.58. This trade represents a 4.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, 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 transaction of $11,058,508.94. Following the transaction, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 159,598 shares of company stock worth $12,218,560 in the last 90 days. 2.40% of the stock is currently owned by company insiders.

Nutanix Stock Performance

Shares of NASDAQ:NTNX opened at $47.73 on Friday. The company’s fifty day moving average is $68.03 and its two-hundred day moving average is $72.18. Nutanix has a 1-year low of $47.39 and a 1-year high of $83.36. The stock has a market capitalization of $12.83 billion, a price-to-earnings ratio of 74.58, a price-to-earnings-growth ratio of 6.55 and a beta of 0.54.

Nutanix (NASDAQ:NTNX) last announced its quarterly earnings data on Tuesday, November 25th. The technology company reported $0.41 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.41. The business had revenue of $670.58 million during the quarter, compared to the consensus estimate of $677.23 million. Nutanix had a net margin of 7.42% and a negative return on equity of 28.01%. The company’s revenue for the quarter was up 13.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.42 EPS. Nutanix has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. Sell-side analysts expect that Nutanix will post 0.31 EPS 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.