Motley Fool Asset Management LLC Buys 45,535 Shares of Nutanix $NTNX

Motley Fool Asset Management LLC raised its stake in Nutanix (NASDAQ:NTNX) by 619.0% in the second quarter, Holdings Channel reports. The firm owned 52,891 shares of the technology company’s stock after acquiring an additional 45,535 shares during the quarter. Motley Fool Asset Management LLC’s holdings in Nutanix were worth $4,043,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Farther Finance Advisors LLC grew its stake 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 purchasing an additional 150 shares in the last quarter. Aaron Wealth Advisors LLC grew its stake in Nutanix by 2.6% in the second quarter. Aaron Wealth Advisors LLC now owns 6,489 shares of the technology company’s stock valued at $496,000 after purchasing an additional 162 shares in the last quarter. Concurrent Investment Advisors LLC grew its stake in Nutanix by 4.4% in the first quarter. Concurrent Investment Advisors LLC now owns 4,163 shares of the technology company’s stock valued at $291,000 after purchasing an additional 177 shares in the last quarter. Cullen Frost Bankers Inc. grew its stake in Nutanix by 2.0% in the second quarter. Cullen Frost Bankers Inc. now owns 9,199 shares of the technology company’s stock valued at $703,000 after purchasing an additional 180 shares in the last quarter. Finally, Liberty One Investment Management LLC grew its stake in Nutanix by 10.9% in the first quarter. Liberty One Investment Management LLC now owns 3,104 shares of the technology company’s stock valued at $217,000 after purchasing an additional 304 shares in the last quarter. 85.25% of the stock is currently owned by institutional investors.

Nutanix Trading Down 0.7%

Shares of NASDAQ NTNX opened at $69.55 on Tuesday. Nutanix has a 12 month low of $54.66 and a 12 month high of $83.36. The stock has a 50 day moving average of $71.96 and a 200-day moving average of $72.77. The company has a market capitalization of $18.70 billion, a P/E ratio of 108.67, a P/E/G 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. Nutanix had a negative return on equity of 28.01% and a net margin of 7.42%.The company had revenue of $653.27 million during the quarter, compared to the consensus estimate of $642.48 million. During the same period in the previous year, the company posted $0.27 EPS. The firm’s revenue for the quarter was up 19.2% compared to the same quarter last year. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. Analysts predict that Nutanix will post 0.31 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Teresa Gayle Sheppard sold 3,500 shares of Nutanix stock in a transaction that occurred on Thursday, October 2nd. The stock was 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 of the company’s stock, valued at approximately $1,713,152. This trade represents a 13.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Rukmini Sivaraman sold 11,391 shares of Nutanix stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $78.34, for a total value of $892,370.94. Following the completion of the transaction, the chief financial officer directly owned 254,637 shares of the company’s stock, valued at $19,948,262.58. This represents a 4.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 159,598 shares of company stock valued at $12,218,560. Insiders own 6.80% of the company’s stock.

Analyst Ratings Changes

NTNX has been the subject of a number of analyst reports. The Goldman Sachs Group initiated coverage on Nutanix in a research note on Tuesday, July 15th. They issued a “buy” rating and a $95.00 price target for the company. Bank of America decreased their price target on Nutanix from $95.00 to $93.00 and set a “buy” rating for the company in a research note on Thursday, August 28th. Weiss Ratings restated a “hold (c)” rating on shares of Nutanix in a research note on Wednesday, October 8th. Northland Capmk downgraded Nutanix from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 9th. Finally, Northland Securities set a $76.00 target price on Nutanix in a research note on Thursday, October 9th. Fourteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $87.67.

About Nutanix

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.