Mitsubishi UFJ Asset Management Co. Ltd. Has $16.33 Million Position in Nutanix $NTNX

Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in shares of Nutanix (NASDAQ:NTNX) by 8.2% in the second quarter, Holdings Channel.com reports. The fund owned 213,660 shares of the technology company’s stock after buying an additional 16,283 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Nutanix were worth $16,332,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the stock. Cerity Partners LLC lifted its stake in Nutanix by 98.0% in the first quarter. Cerity Partners LLC now owns 72,106 shares of the technology company’s stock valued at $5,034,000 after buying an additional 35,688 shares during the period. Xponance Inc. raised its stake in shares of Nutanix by 4.2% in the 1st quarter. Xponance Inc. now owns 33,989 shares of the technology company’s stock valued at $2,373,000 after purchasing an additional 1,385 shares during the period. Arizona State Retirement System raised its position in Nutanix by 0.5% in the 1st quarter. Arizona State Retirement System now owns 73,529 shares of the technology company’s stock valued at $5,133,000 after buying an additional 379 shares during the last quarter. New York State Common Retirement Fund lifted its position in shares of Nutanix by 1.0% in the first quarter. New York State Common Retirement Fund now owns 129,898 shares of the technology company’s stock worth $9,068,000 after purchasing an additional 1,242 shares in the last quarter. Finally, CWM LLC boosted its stake in shares of Nutanix by 55.7% during the 1st quarter. CWM LLC now owns 70,049 shares of the technology company’s stock worth $4,890,000 after buying an additional 25,045 shares during the last quarter. Institutional investors and hedge funds own 85.25% of the company’s stock.

Nutanix Stock Down 5.3%

Shares of NASDAQ NTNX opened at $68.55 on Wednesday. The business has a 50-day simple moving average of $72.37 and a two-hundred day simple moving average of $73.45. The company has a market cap of $18.43 billion, a P/E ratio of 107.11, a P/E/G ratio of 6.55 and a beta of 0.54. Nutanix has a 52 week low of $54.66 and a 52 week high of $83.36.

Nutanix (NASDAQ:NTNX) last announced its quarterly earnings data 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 firm 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 company’s revenue for the quarter was up 19.2% compared to the same quarter last year. During the same period last year, the firm earned $0.27 earnings per share. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. Equities research analysts anticipate that Nutanix will post 0.31 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have recently commented on NTNX shares. Citigroup raised shares of Nutanix to a “positive” rating in a research report on Tuesday, August 5th. Needham & Company LLC decreased their target price on shares of Nutanix from $92.00 to $80.00 and set a “buy” rating on the stock in a research report on Thursday, August 28th. Zacks Research upgraded shares of Nutanix from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th. Northland Capmk cut shares of Nutanix from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 9th. Finally, Northland Securities set a $76.00 price target on Nutanix in a report on Thursday, October 9th. One equities research 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. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $87.67.

Insider Transactions at Nutanix

In other Nutanix news, CEO Rajiv Ramaswami sold 144,707 shares of the 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 owned 524,608 shares of the company’s stock, valued at approximately $40,090,543.36. This represents a 21.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 value of $892,370.94. Following the sale, the chief financial officer directly owned 254,637 shares of the company’s stock, valued at $19,948,262.58. This represents a 4.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 159,598 shares of company stock worth $12,218,560 in the last ninety days. Insiders own 2.40% of the company’s stock.

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.