J.W. Cole Advisors Inc. Decreases Holdings in Nutanix $NTNX

J.W. Cole Advisors Inc. trimmed its position in Nutanix (NASDAQ:NTNX) by 5.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,762 shares of the technology company’s stock after selling 1,012 shares during the period. J.W. Cole Advisors Inc.’s holdings in Nutanix were worth $1,281,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Twin Tree Management LP purchased a new position in Nutanix during the 1st quarter worth $29,000. GW&K Investment Management LLC purchased a new stake in shares of Nutanix during the first quarter worth about $30,000. SouthState Corp purchased a new stake in shares of Nutanix during the first quarter worth about $32,000. Farther Finance Advisors LLC increased its holdings in shares of 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 acquiring an additional 150 shares in the last quarter. Finally, V Square Quantitative Management LLC acquired a new stake in Nutanix in the 2nd quarter worth approximately $45,000. 85.25% of the stock is owned by institutional investors and hedge funds.

Nutanix Stock Down 5.3%

Shares of NTNX opened at $68.55 on Wednesday. The company has a market capitalization of $18.43 billion, a price-to-earnings ratio of 107.11, a PEG ratio of 6.55 and a beta of 0.54. The stock’s 50-day moving average price is $72.37 and its 200-day moving average price is $73.45. Nutanix has a 52 week low of $54.66 and a 52 week high of $83.36.

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

Wall Street Analyst Weigh In

NTNX has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. cut their price target on shares of Nutanix from $90.00 to $81.00 and set an “overweight” rating on the stock in a research note on Thursday, August 28th. The Goldman Sachs Group assumed coverage on Nutanix in a research note on Tuesday, July 15th. They issued a “buy” rating and a $95.00 target price for the company. Needham & Company LLC lowered their price target on Nutanix from $92.00 to $80.00 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 Nutanix in a report on Thursday, October 9th. Finally, Citigroup raised Nutanix to a “positive” rating in a report on Tuesday, August 5th. 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, Nutanix presently has a consensus rating of “Moderate Buy” and an average price target of $87.67.

Insiders Place Their Bets

In other news, CFO Rukmini Sivaraman sold 11,391 shares of the business’s stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $78.34, for a total transaction of $892,370.94. Following the transaction, the chief financial officer owned 254,637 shares of the company’s stock, valued at approximately $19,948,262.58. The trade was a 4.28% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Teresa Gayle Sheppard sold 3,500 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at $1,713,152. This represents a 13.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, 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.