9,949 Shares in Nutanix $NTNX Bought by Financiere des Professionnels Fonds d investissement inc.

Key Points

• Financiere des Professionnels Fonds d investissement inc. acquired 9,949 shares of Nutanix worth approximately $761,000, marking a new investment in the technology company during the second quarter.
• Nutanix reported quarterly earnings of $0.37 per share, surpassing estimates, with a revenue of $653.27 million, reflecting a 19.2% year-over-year increase.
• Institutional investors now hold 85.25% of Nutanix's stock, with significant increases from firms like Jericho Capital and AQR Capital Management in recent quarters.

Financiere des Professionnels Fonds d investissement inc. acquired a new position in shares of Nutanix (NASDAQ:NTNX - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 9,949 shares of the technology company's stock, valued at approximately $761,000.

Other large investors have also made changes to their positions in the company. Twin Tree Management LP purchased a new position in shares of Nutanix in the 1st quarter worth $29,000. MassMutual Private Wealth & Trust FSB raised its position in Nutanix by 78.0% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 436 shares of the technology company's stock valued at $30,000 after purchasing an additional 191 shares during the period. GW&K Investment Management LLC purchased a new position in Nutanix in the first quarter valued at about $30,000. SouthState Corp purchased a new position in Nutanix in the first quarter valued at about $32,000. Finally, Fifth Third Bancorp raised its position in Nutanix by 98.4% in the first quarter. Fifth Third Bancorp now owns 504 shares of the technology company's stock valued at $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.

Insiders Place Their Bets

In other news, CFO Rukmini Sivaraman sold 11,391 shares of the stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $78.34, for a total transaction of $892,370.94. Following the completion of the sale, 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. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Rajiv Ramaswami sold 1,925 shares of the stock in a transaction on Thursday, June 26th. The shares were sold at an average price of $75.00, for a total value of $144,375.00. Following the sale, the chief executive officer owned 518,561 shares of the company's stock, valued at $38,892,075. This trade represents a 0.37% decrease in their position. The disclosure for this sale can be found here. 6.80% of the stock is currently owned by corporate insiders.

Nutanix Stock Down 1.4%

NTNX traded down $1.07 during trading on Friday, reaching $77.09. The stock had a trading volume of 36,193,596 shares, compared to its average volume of 4,455,501. The firm has a market capitalization of $20.67 billion, a price-to-earnings ratio of 120.46, a price-to-earnings-growth ratio of 7.42 and a beta of 0.59. Nutanix has a 1-year low of $54.66 and a 1-year high of $83.36. The stock has a 50 day moving average of $72.60 and a two-hundred day moving average of $72.10.

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 the consensus estimate of $0.31 by $0.06. Nutanix had a net margin of 7.42% and a negative return on equity of 27.63%. The firm had revenue of $653.27 million for the quarter, compared to analysts' expectations of $642.48 million. During the same period in the previous year, the business earned $0.27 earnings per share. Nutanix's revenue for the quarter was up 19.2% compared to the same quarter last year. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. On average, research analysts forecast that Nutanix will post 0.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Wells Fargo & Company cut their price objective on Nutanix from $85.00 to $71.00 and set an "equal weight" rating on the stock in a research report on Thursday, August 28th. Piper Sandler reissued an "overweight" rating and issued a $88.00 price objective (up from $76.00) on shares of Nutanix in a research report on Thursday, May 29th. The Goldman Sachs Group began coverage on Nutanix in a research report on Tuesday, July 15th. They set a "buy" rating and a $95.00 target price on the stock. KeyCorp began coverage on Nutanix in a research report on Thursday, June 26th. They set an "overweight" rating and a $95.00 target price on the stock. Finally, Needham & Company LLC dropped their target price on Nutanix from $92.00 to $80.00 and set a "buy" rating on the stock in a research report 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 company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $89.07.

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.