RWA Wealth Partners LLC Invests $766,000 in Nutanix $NTNX

RWA Wealth Partners LLC purchased a new position in Nutanix (NASDAQ:NTNX) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 10,021 shares of the technology company’s stock, valued at approximately $766,000.

Several other institutional investors have also modified their holdings of the stock. Cerity Partners LLC lifted its stake in Nutanix by 98.0% in the 1st quarter. Cerity Partners LLC now owns 72,106 shares of the technology company’s stock valued at $5,034,000 after buying an additional 35,688 shares in the last quarter. Xponance Inc. boosted its holdings in shares of Nutanix by 4.2% during the 1st quarter. Xponance Inc. now owns 33,989 shares of the technology company’s stock worth $2,373,000 after purchasing an additional 1,385 shares during the last quarter. Arizona State Retirement System grew its holdings in Nutanix by 0.5% in the 1st quarter. Arizona State Retirement System now owns 73,529 shares of the technology company’s stock valued at $5,133,000 after buying an additional 379 shares in the last quarter. New York State Common Retirement Fund increased its position in Nutanix by 1.0% during the first quarter. New York State Common Retirement Fund now owns 129,898 shares of the technology company’s stock worth $9,068,000 after purchasing an additional 1,242 shares during the last quarter. Finally, Stephens Investment Management Group LLC grew its position in Nutanix by 10.4% in the first quarter. Stephens Investment Management Group LLC now owns 601,207 shares of the technology company’s stock worth $41,970,000 after acquiring an additional 56,691 shares during the period. Institutional investors and hedge funds own 85.25% of the company’s stock.

Insider Activity

In related news, Director Teresa Gayle Sheppard sold 3,500 shares of the stock in a transaction that occurred 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 owned 22,400 shares of the company’s stock, valued at approximately $1,713,152. This represents a 13.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Rajiv Ramaswami sold 144,707 shares of the company’s stock in a transaction on 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 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 159,598 shares of company stock valued at $12,218,560 in the last 90 days. 2.40% of the stock is currently owned by insiders.

Nutanix Stock Up 1.2%

Shares of NTNX opened at $69.62 on Monday. The company has a 50-day simple moving average of $72.23 and a 200-day simple moving average of $73.40. The company has a market capitalization of $18.71 billion, a PE ratio of 108.78, a P/E/G ratio of 6.55 and a beta of 0.54. Nutanix has a 52-week low of $54.66 and a 52-week high of $83.36.

Nutanix (NASDAQ:NTNX) last released its quarterly earnings results on Wednesday, August 27th. The technology company reported $0.37 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 for the quarter, compared to analyst estimates of $642.48 million. During the same period in the prior year, the business earned $0.27 earnings per share. The company’s quarterly revenue 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, research analysts anticipate that Nutanix will post 0.31 EPS for the current year.

Analysts Set New Price Targets

NTNX has been the subject of a number of recent analyst 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 report on Thursday, August 28th. Northland Securities set a $76.00 price objective on shares of Nutanix in a research report on Thursday, October 9th. Citigroup upgraded shares of Nutanix to a “positive” rating in a research note on Tuesday, August 5th. JPMorgan Chase & Co. decreased their price target on Nutanix from $90.00 to $81.00 and set an “overweight” rating for the company in a report on Thursday, August 28th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Nutanix in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $87.67.

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.