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Baader Bank Aktiengesellschaft Raises Holdings in Nutanix $NTNX

Nutanix logo with Computer and Technology background

Key Points

  • Baader Bank Aktiengesellschaft increased its holdings in Nutanix by 26.7% during the second quarter, acquiring an additional 6,558 shares, bringing its total to 31,084 shares, valued at $2,374,000.
  • Nutanix reported a 19.2% increase in revenue year-over-year, with earnings per share of $0.37, exceeding analyst expectations of $0.31.
  • Analysts have mixed opinions on Nutanix stock, with 14 buy ratings and recent price targets ranging from $80.00 to $95.00, indicating a generally favorable outlook.
  • Five stocks to consider instead of Nutanix.

Baader Bank Aktiengesellschaft increased its stake in shares of Nutanix (NASDAQ:NTNX - Free Report) by 26.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 31,084 shares of the technology company's stock after buying an additional 6,558 shares during the period. Baader Bank Aktiengesellschaft's holdings in Nutanix were worth $2,374,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Azzad Asset Management Inc. ADV boosted its position in shares of Nutanix by 0.5% in the fourth quarter. Azzad Asset Management Inc. ADV now owns 34,887 shares of the technology company's stock valued at $2,134,000 after acquiring an additional 159 shares during the period. Aaron Wealth Advisors LLC raised its holdings in Nutanix by 2.6% during the 2nd quarter. Aaron Wealth Advisors LLC now owns 6,489 shares of the technology company's stock valued at $496,000 after buying an additional 162 shares during the last quarter. Concurrent Investment Advisors LLC boosted its position in Nutanix by 4.4% during the 1st quarter. Concurrent Investment Advisors LLC now owns 4,163 shares of the technology company's stock valued at $291,000 after buying an additional 177 shares during the period. MassMutual Private Wealth & Trust FSB boosted its position in Nutanix by 78.0% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 436 shares of the technology company's stock valued at $30,000 after buying an additional 191 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in Nutanix by 17.6% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,338 shares of the technology company's stock valued at $93,000 after purchasing an additional 200 shares during the period. Hedge funds and other institutional investors own 85.25% of the company's stock.

Insider Activity

In other Nutanix news, CEO Rajiv Ramaswami sold 1,925 shares of Nutanix stock in a transaction dated Thursday, June 26th. The stock was sold at an average price of $75.00, for a total value of $144,375.00. Following the transaction, the chief executive officer owned 518,561 shares in the company, valued at $38,892,075. The trade was a 0.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Rukmini Sivaraman sold 11,391 shares of Nutanix 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 completion of the transaction, the chief financial officer owned 254,637 shares in the company, valued at $19,948,262.58. This trade represents a 4.28% decrease in their position. The disclosure for this sale can be found here. 6.80% of the stock is owned by insiders.

Nutanix Stock Down 2.2%

Shares of NTNX stock traded down $1.71 on Monday, hitting $75.38. The stock had a trading volume of 4,833,399 shares, compared to its average volume of 6,125,260. The business has a 50 day moving average price of $72.66 and a 200 day moving average price of $72.14. The company has a market cap of $20.21 billion, a PE ratio of 117.78, a P/E/G ratio of 7.42 and a beta of 0.59. Nutanix has a one year low of $54.66 and a one year high of $83.36.

Nutanix (NASDAQ:NTNX - Get Free Report) last released its quarterly earnings data on Wednesday, August 27th. The technology company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.06. The firm had revenue of $653.27 million during the quarter, compared to the consensus estimate of $642.48 million. Nutanix had a negative return on equity of 27.63% and a net margin of 7.42%.The firm's quarterly revenue was up 19.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.27 earnings per share. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. Equities research analysts expect that Nutanix will post 0.31 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on NTNX shares. Wall Street Zen downgraded shares of Nutanix from a "strong-buy" rating to a "buy" rating in a research report on Monday, June 30th. Wells Fargo & Company lowered their price objective on shares of Nutanix from $85.00 to $71.00 and set an "equal weight" rating on the stock in a research note on Thursday, August 28th. Piper Sandler restated an "overweight" rating and set a $88.00 target price (up previously from $76.00) on shares of Nutanix in a research note on Thursday, May 29th. Barclays cut their price objective on shares of Nutanix from $94.00 to $82.00 and set an "overweight" rating for the company in a report on Thursday, August 28th. Finally, KeyCorp assumed coverage on shares of Nutanix in a report on Thursday, June 26th. They issued an "overweight" rating and a $95.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $89.07.

Read Our Latest Report on NTNX

Nutanix Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Nutanix (NASDAQ:NTNX)

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