6,306 Shares in Nutanix $NTNX Purchased by GraniteShares Advisors LLC

Key Points

• GraniteShares Advisors LLC has acquired 6,306 shares of Nutanix, worth approximately $482,000, marking a new position for the company in the 2nd quarter.
• Nutanix reported earnings of $0.37 EPS for the last quarter, surpassing analyst expectations of $0.31, alongside a revenue increase of 19.2% year-over-year.
• Research analysts have mixed views on Nutanix, with target prices ranging from $71.00 to $95.00 and a consensus rating of "Moderate Buy".

GraniteShares Advisors LLC bought a new position in Nutanix (NASDAQ:NTNX - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 6,306 shares of the technology company's stock, valued at approximately $482,000.

Several other large investors have also recently modified their holdings of the business. ORG Wealth Partners LLC increased its stake in shares of Nutanix by 10.7% in the second quarter. ORG Wealth Partners LLC now owns 13,311 shares of the technology company's stock worth $1,001,000 after purchasing an additional 1,292 shares in the last quarter. ST Germain D J Co. Inc. purchased a new position in shares of Nutanix in the second quarter worth about $151,000. Public Employees Retirement System of Ohio increased its stake in shares of Nutanix by 2.8% in the second quarter. Public Employees Retirement System of Ohio now owns 79,199 shares of the technology company's stock worth $6,054,000 after purchasing an additional 2,143 shares in the last quarter. Counterpoint Mutual Funds LLC purchased a new position in shares of Nutanix in the second quarter worth about $2,643,000. Finally, Occidental Asset Management LLC increased its stake in shares of Nutanix by 23.6% in the second quarter. Occidental Asset Management LLC now owns 5,686 shares of the technology company's stock worth $435,000 after purchasing an additional 1,085 shares in the last quarter. Hedge funds and other institutional investors own 85.25% of the company's stock.

Nutanix Price Performance

Shares of NTNX opened at $77.15 on Monday. Nutanix has a 1-year low of $54.66 and a 1-year high of $83.36. The company has a market capitalization of $20.68 billion, a P/E ratio of 120.55, a P/E/G ratio of 7.53 and a beta of 0.59. The firm's 50 day simple moving average is $72.79 and its 200 day simple moving average is $72.42.

Nutanix (NASDAQ:NTNX - Get Free Report) last issued its quarterly earnings results on Wednesday, August 27th. The technology company reported $0.37 EPS for the quarter, topping analysts' consensus estimates of $0.31 by $0.06. The firm had revenue of $653.27 million for the quarter, compared to analyst estimates of $642.48 million. Nutanix had a net margin of 7.42% and a negative return on equity of 28.01%. The business's revenue for the quarter was up 19.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.27 EPS. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. On average, equities analysts anticipate that Nutanix will post 0.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

NTNX has been the subject of several recent research reports. JPMorgan Chase & Co. reduced their target price on shares of Nutanix from $90.00 to $81.00 and set an "overweight" rating for the company in a research note on Thursday, August 28th. Wells Fargo & Company reduced their target price on shares of Nutanix from $85.00 to $71.00 and set an "equal weight" rating for the company in a research note on Thursday, August 28th. KeyCorp initiated coverage on shares of Nutanix in a research report on Thursday, June 26th. They issued an "overweight" rating and a $95.00 price objective for the company. Wall Street Zen lowered shares of Nutanix from a "strong-buy" rating to a "buy" rating in a report on Monday, June 30th. Finally, Barclays lowered their target price on shares of Nutanix from $94.00 to $82.00 and set an "overweight" rating on the stock in a research note on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $89.07.

Insider Buying and Selling at Nutanix

In other Nutanix news, CFO Rukmini Sivaraman sold 11,391 shares of Nutanix stock in a transaction that occurred 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 transaction, the chief financial officer directly owned 254,637 shares of the company's stock, valued at $19,948,262.58. The trade was a 4.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 6.80% of the company's stock.

Nutanix Company 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.

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