Quantbot Technologies LP Makes New $1.35 Million Investment in Nutanix $NTNX

Key Points

• Quantbot Technologies LP has acquired 19,323 shares of Nutanix ($NTNX), valued at approximately $1,349,000, as disclosed in their recent SEC filing.
• Insider selling is notable, with Director Groen Max Pieter De selling over 5.4 million shares at an average price of $76.81, resulting in a significant decrease of 50% in his position.
• Nutanix reported a 21.8% year-over-year increase in revenue, achieving $638.98 million for the quarter, and also beat earnings expectations with an EPS of $0.42.

Quantbot Technologies LP purchased a new position in Nutanix (NASDAQ:NTNX - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 19,323 shares of the technology company's stock, valued at approximately $1,349,000.

A number of other large investors have also bought and sold shares of NTNX. Colonial Trust Co SC purchased a new position in Nutanix in the 4th quarter worth approximately $28,000. MassMutual Private Wealth & Trust FSB increased its stake in Nutanix by 78.0% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 436 shares of the technology company's stock worth $30,000 after purchasing an additional 191 shares during the period. GW&K Investment Management LLC purchased a new position in Nutanix in the 1st quarter worth approximately $30,000. SouthState Corp purchased a new position in Nutanix in the 1st quarter worth approximately $32,000. Finally, Fifth Third Bancorp increased its stake in Nutanix by 98.4% in the 1st quarter. Fifth Third Bancorp now owns 504 shares of the technology company's stock worth $35,000 after purchasing an additional 250 shares during the period. 85.25% of the stock is owned by hedge funds and other institutional investors.

Nutanix Price Performance

NTNX stock traded down $5.55 during midday trading on Thursday, hitting $64.05. The stock had a trading volume of 4,553,211 shares, compared to its average volume of 2,545,884. The firm has a market cap of $17.17 billion, a price-to-earnings ratio of 138.74, a price-to-earnings-growth ratio of 4.54 and a beta of 0.71. The business has a 50-day moving average of $73.07 and a two-hundred day moving average of $71.95. Nutanix has a 52-week low of $54.66 and a 52-week high of $83.36.

Nutanix (NASDAQ:NTNX - Get Free Report) last issued its quarterly earnings results on Wednesday, August 27th. The technology company reported $0.37 earnings per share 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 analysts' expectations of $642.48 million. Nutanix had a negative return on equity of 21.32% and a net margin of 0.97%.The firm's revenue for the quarter was up 19.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.27 earnings per share. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. Research analysts predict that Nutanix will post 0.31 earnings per share for the current year.

Insider Transactions at Nutanix

In related news, Director Virginia Gambale sold 7,000 shares of the company's stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $78.00, for a total value of $546,000.00. Following the sale, the director directly owned 38,330 shares of the company's stock, valued at $2,989,740. This represents a 15.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Rajiv Ramaswami sold 1,925 shares of the company's stock in a transaction on Thursday, June 26th. The stock was sold at an average price of $75.00, for a total value of $144,375.00. Following the completion of the sale, the chief executive officer directly owned 518,561 shares in the company, valued at approximately $38,892,075. The trade was a 0.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 5,491,492 shares of company stock valued at $421,797,778 in the last three months. Company insiders own 6.80% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on NTNX shares. Susquehanna boosted their target price on Nutanix from $90.00 to $95.00 and gave the company a "positive" rating in a research note on Thursday, May 29th. Raymond James Financial cut Nutanix from an "outperform" rating to a "market perform" rating in a research note on Tuesday, May 20th. The Goldman Sachs Group started coverage on Nutanix in a research note on Tuesday, July 15th. They set a "buy" rating and a $95.00 target price on the stock. Bank of America reduced their target price on Nutanix from $95.00 to $93.00 and set a "buy" rating on the stock in a research note on Thursday. Finally, Morgan Stanley reissued an "overweight" rating and set a $90.00 target price (up from $75.00) on shares of Nutanix in a research note on Tuesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, Nutanix has an average rating of "Moderate Buy" and a consensus target price of $89.67.

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.