Callan Family Office LLC purchased a new stake in shares of Nutanix (NASDAQ:NTNX – Free Report) during the second quarter, HoldingsChannel.com reports. The firm purchased 4,313 shares of the technology company’s stock, valued at approximately $330,000.
A number of other hedge funds also recently bought and sold shares of NTNX. Swedbank AB bought a new stake in Nutanix during the 1st quarter valued at approximately $1,642,000. Silverberg Bernstein Capital Management LLC boosted its position in shares of Nutanix by 61.6% in the 2nd quarter. Silverberg Bernstein Capital Management LLC now owns 37,893 shares of the technology company’s stock worth $2,897,000 after purchasing an additional 14,438 shares in the last quarter. OMNI 360 Wealth Inc. bought a new stake in shares of Nutanix in the 2nd quarter worth approximately $265,000. Inspire Investing LLC boosted its position in shares of Nutanix by 43.1% in the 1st quarter. Inspire Investing LLC now owns 41,472 shares of the technology company’s stock worth $2,895,000 after purchasing an additional 12,489 shares in the last quarter. Finally, Amalgamated Bank boosted its position in shares of Nutanix by 4.9% in the 1st quarter. Amalgamated Bank now owns 14,420 shares of the technology company’s stock worth $1,007,000 after purchasing an additional 674 shares in the last quarter. Hedge funds and other institutional investors own 85.25% of the company’s stock.
Analyst Ratings Changes
A number of analysts have recently commented on the company. The Goldman Sachs Group assumed coverage on Nutanix in a research report on Tuesday, July 15th. They issued a “buy” rating and a $95.00 price target on the stock. KeyCorp assumed coverage on Nutanix in a research report on Thursday, June 26th. They issued an “overweight” rating and a $95.00 price target on the stock. Northland Securities set a $76.00 price target on Nutanix in a research report on Thursday, October 9th. Citigroup raised Nutanix to a “positive” rating in a research report on Tuesday, August 5th. Finally, Needham & Company LLC lowered their price objective on Nutanix from $92.00 to $80.00 and set a “buy” rating on the stock in a research 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 data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $87.67.
Nutanix Stock Performance
Shares of Nutanix stock opened at $67.90 on Thursday. The company has a market capitalization of $18.25 billion, a P/E ratio of 106.10, a P/E/G ratio of 6.54 and a beta of 0.51. The company has a fifty day moving average of $72.15 and a 200 day moving average of $72.40. Nutanix has a fifty-two week low of $54.66 and a fifty-two week high of $83.36.
Nutanix (NASDAQ:NTNX – Get Free Report) last released its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $642.48 million. During the same quarter in the prior year, the firm earned $0.27 EPS. The business’s 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. Analysts forecast that Nutanix will post 0.31 EPS for the current year.
Insider Transactions at Nutanix
In related news, Director Teresa Gayle Sheppard sold 3,500 shares of Nutanix 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 transaction, the director directly owned 22,400 shares of the company’s stock, valued at $1,713,152. This trade represents a 13.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Rajiv Ramaswami sold 144,707 shares of Nutanix 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 completion of the transaction, the chief executive officer directly 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. Over the last three months, insiders have sold 159,598 shares of company stock valued at $12,218,560. 6.80% of the stock is currently owned by company insiders.
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.
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