Bessemer Group Inc. Sells 3,540 Shares of Nutanix $NTNX

Bessemer Group Inc. trimmed its stake in Nutanix (NASDAQ:NTNX) by 13.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,270 shares of the technology company’s stock after selling 3,540 shares during the period. Bessemer Group Inc.’s holdings in Nutanix were worth $1,702,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Farther Finance Advisors LLC grew its holdings in Nutanix by 42.6% during 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 during the period. Aaron Wealth Advisors LLC raised its stake in shares of Nutanix by 2.6% in the second quarter. Aaron Wealth Advisors LLC now owns 6,489 shares of the technology company’s stock worth $496,000 after buying an additional 162 shares during the period. Concurrent Investment Advisors LLC lifted its position in shares of Nutanix by 4.4% during the 1st quarter. Concurrent Investment Advisors LLC now owns 4,163 shares of the technology company’s stock valued at $291,000 after buying an additional 177 shares in the last quarter. Cullen Frost Bankers Inc. grew its stake in shares of Nutanix by 2.0% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 9,199 shares of the technology company’s stock valued at $703,000 after acquiring an additional 180 shares during the period. Finally, Liberty One Investment Management LLC increased its holdings in Nutanix by 10.9% in the 1st quarter. Liberty One Investment Management LLC now owns 3,104 shares of the technology company’s stock worth $217,000 after acquiring an additional 304 shares in the last quarter. 85.25% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Nutanix 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 value of $267,680.00. Following the sale, the director owned 22,400 shares of the company’s stock, valued at $1,713,152. The trade was a 13.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Rajiv Ramaswami sold 144,707 shares of the stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $76.42, for a total value of $11,058,508.94. Following the transaction, the chief executive officer owned 524,608 shares of the company’s stock, valued at $40,090,543.36. This represents a 21.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 159,598 shares of company stock valued at $12,218,560 in the last quarter. 2.40% of the stock is currently owned by insiders.

Nutanix Stock Performance

Shares of NASDAQ NTNX opened at $69.08 on Friday. The company has a market cap of $18.57 billion, a P/E ratio of 107.94, a P/E/G ratio of 6.55 and a beta of 0.51. Nutanix has a 52-week low of $54.66 and a 52-week high of $83.36. The firm’s fifty day moving average is $71.98 and its two-hundred day moving average is $72.86.

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

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. Zacks Research raised shares of Nutanix from a “hold” rating to a “strong-buy” rating in a report on Monday. Northland Capmk cut shares of Nutanix from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 9th. The Goldman Sachs Group assumed coverage on shares of Nutanix in a report on Tuesday, July 15th. They issued a “buy” rating and a $95.00 target price for the company. Barclays decreased their price target on Nutanix from $94.00 to $82.00 and set an “overweight” rating on the stock in a report on Thursday, August 28th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nutanix in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus 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.