New York State Teachers Retirement System Acquires 2,678 Shares of Nutanix $NTNX

New York State Teachers Retirement System boosted its holdings in shares of Nutanix (NASDAQ:NTNX) by 31.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,086 shares of the technology company’s stock after purchasing an additional 2,678 shares during the quarter. New York State Teachers Retirement System’s holdings in Nutanix were worth $847,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Twin Tree Management LP bought a new stake in Nutanix during the 1st quarter valued at approximately $29,000. GW&K Investment Management LLC bought a new stake in shares of Nutanix during the first quarter valued at approximately $30,000. SouthState Corp acquired a new position in shares of Nutanix in the first quarter valued at $32,000. Farther Finance Advisors LLC lifted its position in Nutanix by 42.6% in 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 bought a new position in Nutanix in the second quarter worth $45,000. Institutional investors own 85.25% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on NTNX shares. Wall Street Zen cut Nutanix from a “strong-buy” rating to a “buy” rating in a research report on Monday, June 30th. KeyCorp started coverage on Nutanix in a research report on Thursday, June 26th. They issued an “overweight” rating and a $95.00 target price for the company. Needham & Company LLC reduced their target price on Nutanix from $92.00 to $80.00 and set a “buy” rating for the company in a research report on Thursday, August 28th. JPMorgan Chase & Co. reduced their target price on Nutanix from $90.00 to $81.00 and set an “overweight” rating for the company in a research report on Thursday, August 28th. Finally, Citigroup raised Nutanix to a “positive” rating in a research report on Tuesday, August 5th. Fourteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $87.67.

Insider Buying and Selling at Nutanix

In other news, CFO Rukmini Sivaraman sold 11,391 shares of Nutanix stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $78.34, for a total value of $892,370.94. Following the completion of the sale, the chief financial officer directly owned 254,637 shares of the company’s stock, valued at approximately $19,948,262.58. This trade represents a 4.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Teresa Gayle Sheppard sold 3,500 shares of Nutanix stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $76.48, for a total value 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 trade represents a 13.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 159,598 shares of company stock worth $12,218,560. 6.80% of the stock is currently owned by insiders.

Nutanix Price Performance

Shares of NTNX stock opened at $68.80 on Thursday. The stock’s fifty day simple moving average is $71.91 and its 200 day simple moving average is $72.44. The firm has a market cap of $18.49 billion, a price-to-earnings ratio of 107.50, a P/E/G ratio of 6.65 and a beta of 0.51. Nutanix has a one year low of $54.66 and a one year high of $83.36.

Nutanix (NASDAQ:NTNX) last announced its quarterly earnings results on Wednesday, August 27th. The technology company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.31 by $0.06. The business 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%.Nutanix’s quarterly revenue was up 19.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.27 EPS. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. On average, research analysts anticipate that Nutanix will post 0.31 earnings per share for the current year.

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.