Forsta AP Fonden Increases Stock Position in Nutanix $NTNX

Forsta AP Fonden lifted its holdings in shares of Nutanix (NASDAQ:NTNX) by 42.2% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 165,800 shares of the technology company’s stock after buying an additional 49,200 shares during the quarter. Forsta AP Fonden’s holdings in Nutanix were worth $12,674,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Twin Tree Management LP acquired a new stake in Nutanix during the 1st quarter worth approximately $29,000. GW&K Investment Management LLC purchased a new stake in shares of Nutanix during the first quarter worth approximately $30,000. SouthState Corp purchased a new stake in shares of Nutanix during the first quarter worth approximately $32,000. Farther Finance Advisors LLC lifted 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 worth $38,000 after purchasing an additional 150 shares during the period. Finally, V Square Quantitative Management LLC purchased a new position in Nutanix in the 2nd quarter valued at $45,000. Institutional investors and hedge funds own 85.25% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on NTNX. Weiss Ratings restated a “hold (c)” rating on shares of Nutanix in a research report on Wednesday, October 8th. Bank of America dropped their price target on shares of Nutanix from $95.00 to $93.00 and set a “buy” rating on the stock in a research note on Thursday, August 28th. Citigroup raised shares of Nutanix to a “positive” rating in a report on Tuesday, August 5th. Zacks Research raised Nutanix from a “hold” rating to a “strong-buy” rating in a report on Monday, October 27th. Finally, Wells Fargo & Company dropped their target price on Nutanix from $85.00 to $71.00 and set an “equal weight” rating on the stock in a research report on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Nutanix presently has a consensus rating of “Moderate Buy” and an average price target of $87.67.

Insider Activity

In other news, CEO Rajiv Ramaswami sold 144,707 shares of the firm’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $76.42, for a total value of $11,058,508.94. Following the completion of the transaction, the chief executive officer 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 sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Teresa Gayle Sheppard sold 3,500 shares of Nutanix stock in a transaction 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 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 159,598 shares of company stock worth $12,218,560 over the last 90 days. 2.40% of the stock is currently owned by corporate insiders.

Nutanix Trading Down 1.2%

Shares of NTNX opened at $67.71 on Thursday. Nutanix has a twelve month low of $54.66 and a twelve month high of $83.36. The firm has a market capitalization of $18.20 billion, a P/E ratio of 105.80, a PEG ratio of 6.55 and a beta of 0.54. The firm’s 50-day moving average is $72.36 and its two-hundred day moving average is $73.41.

Nutanix (NASDAQ:NTNX) last posted its quarterly earnings results on Wednesday, August 27th. The technology company reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.06. The company had revenue of $653.27 million during the quarter, compared to the consensus estimate of $642.48 million. Nutanix had a net margin of 7.42% and a negative return on equity of 28.01%. The company’s revenue for the quarter was up 19.2% on a year-over-year basis. During the same period last year, the firm earned $0.27 EPS. 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 year.

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.