King Luther Capital Management Corp Has $61.54 Million Stock Holdings in Nutanix $NTNX

King Luther Capital Management Corp grew its holdings in shares of Nutanix (NASDAQ:NTNX) by 15.9% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 805,085 shares of the technology company’s stock after buying an additional 110,742 shares during the period. King Luther Capital Management Corp owned approximately 0.30% of Nutanix worth $61,541,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of NTNX. Earned Wealth Advisors LLC grew its stake in Nutanix by 3.8% in the second quarter. Earned Wealth Advisors LLC now owns 3,915 shares of the technology company’s stock valued at $299,000 after acquiring an additional 142 shares during the period. Farther Finance Advisors LLC raised its position 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. Simmons Bank lifted its holdings in shares of Nutanix by 2.1% in the 2nd quarter. Simmons Bank now owns 7,295 shares of the technology company’s stock worth $558,000 after purchasing an additional 150 shares in the last quarter. Aaron Wealth Advisors LLC lifted its holdings in shares of Nutanix by 2.6% in the 2nd quarter. Aaron Wealth Advisors LLC now owns 6,489 shares of the technology company’s stock worth $496,000 after purchasing an additional 162 shares in the last quarter. Finally, Concurrent Investment Advisors LLC grew its position in Nutanix by 4.4% in the 1st quarter. Concurrent Investment Advisors LLC now owns 4,163 shares of the technology company’s stock valued at $291,000 after purchasing an additional 177 shares during the period. Institutional investors own 85.25% of the company’s stock.

Nutanix Price Performance

Nutanix stock opened at $69.62 on Friday. The firm has a market capitalization of $18.71 billion, a P/E ratio of 108.78, a PEG ratio of 6.55 and a beta of 0.54. Nutanix has a one year low of $54.66 and a one year high of $83.36. The business has a fifty day moving average price of $72.23 and a 200-day moving average price of $73.33.

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

Insiders Place Their Bets

In other 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 directly 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Rukmini Sivaraman sold 11,391 shares of Nutanix stock in a transaction dated 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 transaction, the chief financial officer owned 254,637 shares in the company, valued at approximately $19,948,262.58. This represents a 4.28% 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 valued at $12,218,560 over the last quarter. 2.40% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. The Goldman Sachs Group began coverage on Nutanix in a report on Tuesday, July 15th. They set a “buy” rating and a $95.00 price objective for the company. JPMorgan Chase & Co. cut their target price on Nutanix from $90.00 to $81.00 and set an “overweight” rating on the stock in a research note on Thursday, August 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nutanix in a report on Wednesday, October 8th. Northland Securities set a $76.00 price target on Nutanix in a report on Thursday, October 9th. Finally, Zacks Research upgraded Nutanix from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average 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.