Nutanix $NTNX Shares Bought by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale grew its stake in shares of Nutanix (NASDAQ:NTNX) by 13.3% during the second quarter, Holdings Channel reports. The firm owned 4,275 shares of the technology company’s stock after purchasing an additional 501 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Nutanix were worth $322,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Jericho Capital Asset Management L.P. raised its holdings in Nutanix by 46.8% during the first quarter. Jericho Capital Asset Management L.P. now owns 4,102,993 shares of the technology company’s stock worth $286,430,000 after purchasing an additional 1,308,357 shares in the last quarter. AQR Capital Management LLC raised its holdings in Nutanix by 65.5% during the first quarter. AQR Capital Management LLC now owns 3,604,005 shares of the technology company’s stock worth $246,874,000 after purchasing an additional 1,426,049 shares in the last quarter. Nordea Investment Management AB raised its holdings in Nutanix by 10.0% during the second quarter. Nordea Investment Management AB now owns 2,924,167 shares of the technology company’s stock worth $224,868,000 after purchasing an additional 266,512 shares in the last quarter. Federated Hermes Inc. increased its holdings in shares of Nutanix by 21.2% in 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 increased its holdings in shares of Nutanix by 19.6% in 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 and hedge funds own 85.25% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Rukmini Sivaraman sold 11,391 shares of the business’s stock in a transaction dated Tuesday, September 16th. The shares were 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 $19,948,262.58. The trade was a 4.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Rajiv Ramaswami sold 144,707 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer owned 524,608 shares in the company, valued at $40,090,543.36. This 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 have sold 159,598 shares of company stock worth $12,218,560. Corporate insiders own 2.40% of the company’s stock.

Analyst Ratings Changes

NTNX has been the topic of a number of recent research reports. Barclays cut their target price on shares of Nutanix from $94.00 to $82.00 and set an “overweight” rating on the stock in a report on Thursday, August 28th. Northland Securities set a $76.00 target price on shares of Nutanix in a report on Thursday, October 9th. Bank of America cut their target price on shares of Nutanix from $95.00 to $93.00 and set a “buy” rating on the stock in a report on Thursday, August 28th. Wall Street Zen cut shares of Nutanix from a “strong-buy” rating to a “buy” rating in a report on Monday, June 30th. Finally, Wells Fargo & Company cut their target price on shares of Nutanix from $85.00 to $71.00 and set an “equal weight” rating on the stock in a report on Thursday, August 28th. Fourteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $87.67.

Nutanix Price Performance

NASDAQ:NTNX opened at $70.02 on Monday. The firm’s fifty day moving average price is $71.96 and its 200 day moving average price is $72.75. Nutanix has a 1-year low of $54.66 and a 1-year high of $83.36. The firm has a market cap of $18.82 billion, a price-to-earnings ratio of 109.41, a price-to-earnings-growth ratio of 6.74 and a beta of 0.51.

Nutanix (NASDAQ:NTNX) last issued its earnings results on Wednesday, August 27th. The technology company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.31 by $0.06. The company had revenue of $653.27 million for the quarter, compared to analyst estimates of $642.48 million. Nutanix had a net margin of 7.42% and a negative return on equity of 28.01%. The business’s revenue was up 19.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.27 EPS. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, analysts expect that Nutanix will post 0.31 earnings per share for the current fiscal year.

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.