Concurrent Investment Advisors LLC Boosts Stock Holdings in Nutanix $NTNX

Concurrent Investment Advisors LLC lifted its stake in shares of Nutanix (NASDAQ:NTNX) by 8.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,505 shares of the technology company’s stock after acquiring an additional 342 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Nutanix were worth $344,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Swedbank AB purchased a new stake in shares of Nutanix during the first quarter worth $1,642,000. Silverberg Bernstein Capital Management LLC increased its position in shares of Nutanix by 61.6% during the second quarter. Silverberg Bernstein Capital Management LLC now owns 37,893 shares of the technology company’s stock worth $2,897,000 after acquiring an additional 14,438 shares during the period. OMNI 360 Wealth Inc. purchased a new stake in shares of Nutanix during the second quarter worth $265,000. Inspire Investing LLC increased its position in shares of Nutanix by 43.1% during the first quarter. Inspire Investing LLC now owns 41,472 shares of the technology company’s stock worth $2,895,000 after acquiring an additional 12,489 shares during the period. Finally, Amalgamated Bank increased its position in shares of Nutanix by 4.9% during the first quarter. Amalgamated Bank now owns 14,420 shares of the technology company’s stock worth $1,007,000 after acquiring an additional 674 shares during the period. Hedge funds and other institutional investors own 85.25% of the company’s stock.

Nutanix Stock Performance

Shares of NTNX stock opened at $67.66 on Monday. The stock’s 50-day moving average is $71.95 and its two-hundred day moving average is $72.42. The firm has a market cap of $18.19 billion, a price-to-earnings ratio of 105.72, a PEG ratio of 6.51 and a beta of 0.51. Nutanix has a 1 year low of $54.66 and a 1 year high of $83.36.

Nutanix (NASDAQ:NTNX) last issued its quarterly earnings data on Wednesday, August 27th. The technology company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.06. The company had revenue of $653.27 million for 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 company posted $0.27 earnings per share. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, research analysts predict that Nutanix will post 0.31 EPS for the current year.

Insiders Place Their Bets

In other Nutanix news, Director Teresa Gayle Sheppard sold 3,500 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $76.48, for a total transaction of $267,680.00. Following the transaction, the director owned 22,400 shares of the company’s stock, valued at approximately $1,713,152. This trade represents a 13.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Rajiv Ramaswami sold 144,707 shares of the firm’s stock in a transaction dated 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 transaction, the chief executive officer directly owned 524,608 shares in the company, valued at approximately $40,090,543.36. The trade was a 21.62% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 159,598 shares of company stock valued at $12,218,560. 6.80% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on NTNX shares. Needham & Company LLC dropped their target price on Nutanix from $92.00 to $80.00 and set a “buy” rating on the stock in a report on Thursday, August 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Nutanix in a report on Wednesday, October 8th. Northland Securities set a $76.00 target price on Nutanix in a report on Thursday, October 9th. Bank of America dropped their target price on Nutanix from $95.00 to $93.00 and set a “buy” rating on the stock in a report on Thursday, August 28th. Finally, JPMorgan Chase & Co. dropped their target price on Nutanix from $90.00 to $81.00 and set an “overweight” rating on the stock in a report on Thursday, August 28th. Fourteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target 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.