Vinva Investment Management Ltd Sells 24,195 Shares of Nutanix $NTNX

Vinva Investment Management Ltd trimmed its position in Nutanix (NASDAQ:NTNX) by 18.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 109,505 shares of the technology company’s stock after selling 24,195 shares during the quarter. Vinva Investment Management Ltd’s holdings in Nutanix were worth $8,245,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Employees Retirement System of Texas bought a new stake in shares of Nutanix in the second quarter valued at about $227,000. Choreo LLC increased its position in Nutanix by 9.1% during the 2nd quarter. Choreo LLC now owns 6,918 shares of the technology company’s stock valued at $529,000 after purchasing an additional 576 shares during the period. Inceptionr LLC bought a new stake in shares of Nutanix in the 2nd quarter valued at about $359,000. Manchester Capital Management LLC raised its holdings in shares of Nutanix by 14.1% in the 2nd quarter. Manchester Capital Management LLC now owns 1,374 shares of the technology company’s stock valued at $105,000 after purchasing an additional 170 shares in the last quarter. Finally, Advisors Asset Management Inc. lifted its position in shares of Nutanix by 18.2% in the 2nd quarter. Advisors Asset Management Inc. now owns 1,453 shares of the technology company’s stock worth $111,000 after purchasing an additional 224 shares during the period. Institutional investors own 85.25% of the company’s stock.

Analysts Set New Price Targets

NTNX has been the topic of several research reports. Zacks Research lowered shares of Nutanix from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Bank of America dropped their target price on Nutanix from $93.00 to $75.00 and set a “buy” rating on the stock in a research report on Wednesday. Morgan Stanley cut their price target on Nutanix from $90.00 to $82.00 and set an “overweight” rating on the stock in a report on Wednesday. Citigroup raised Nutanix to a “positive” rating in a research report on Tuesday, August 5th. Finally, Wells Fargo & Company dropped their price objective on Nutanix from $71.00 to $57.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Thirteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Nutanix has an average rating of “Moderate Buy” and a consensus price target of $76.47.

Nutanix Stock Performance

Nutanix stock opened at $48.34 on Friday. The stock has a 50-day moving average of $68.62 and a two-hundred day moving average of $72.45. Nutanix has a one year low of $47.39 and a one year high of $83.36. The stock has a market cap of $12.99 billion, a PE ratio of 75.53, a price-to-earnings-growth ratio of 6.55 and a beta of 0.54.

Nutanix (NASDAQ:NTNX) last issued its quarterly earnings results on Tuesday, November 25th. The technology company reported $0.41 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.41. Nutanix had a negative return on equity of 28.01% and a net margin of 7.42%.The business had revenue of $670.58 million for the quarter, compared to analyst estimates of $677.23 million. During the same quarter in the previous year, the firm earned $0.42 earnings per share. The company’s revenue was up 13.5% on a year-over-year basis. Nutanix has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. As a group, sell-side analysts predict that Nutanix will post 0.31 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Teresa Gayle Sheppard sold 3,500 shares of Nutanix stock in a transaction 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 directly owned 22,400 shares in the company, valued at approximately $1,713,152. The trade was a 13.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 sale, the chief executive officer directly owned 524,608 shares in the company, valued at $40,090,543.36. This trade represents a 21.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 159,598 shares of company stock valued at $12,218,560. Insiders own 2.40% of the company’s stock.

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.