Baader Bank Aktiengesellschaft Raises Position in Nutanix $NTNX

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.

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

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Jericho Capital Asset Management L.P. increased its position in Nutanix by 46.8% in the first quarter. Jericho Capital Asset Management L.P. now owns 4,102,993 shares of the technology company's stock worth $286,430,000 after buying an additional 1,308,357 shares in the last quarter. AQR Capital Management LLC increased its position in Nutanix by 65.5% in the first quarter. AQR Capital Management LLC now owns 3,604,005 shares of the technology company's stock worth $246,874,000 after buying an additional 1,426,049 shares in the last quarter. Federated Hermes Inc. increased its position in Nutanix by 21.2% in the first quarter. Federated Hermes Inc. now owns 2,423,978 shares of the technology company's stock worth $169,218,000 after buying an additional 423,249 shares in the last quarter. Northern Trust Corp increased its position in Nutanix by 19.6% in the first quarter. Northern Trust Corp now owns 1,778,753 shares of the technology company's stock worth $124,175,000 after buying an additional 291,188 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in Nutanix by 1.7% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,467,177 shares of the technology company's stock worth $102,424,000 after buying an additional 24,372 shares in the last quarter. Hedge funds and other institutional investors own 85.25% of the company's stock.

Insider Buying and Selling

In other Nutanix news, CFO Rukmini Sivaraman sold 11,391 shares of the company's stock in a transaction that occurred 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 sale, the chief financial officer directly owned 254,637 shares in the company, valued at $19,948,262.58. This represents a 4.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Rajiv Ramaswami sold 1,925 shares of the company's stock in a transaction that occurred 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 in the company, valued at approximately $38,892,075. This trade represents a 0.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 6.80% of the company's stock.

Nutanix Stock Down 1.4%

Nutanix stock traded down $1.07 during midday trading on Friday, reaching $77.09. 36,193,596 shares of the stock traded hands, compared to its average volume of 4,455,501. The stock's fifty day moving average is $72.60 and its 200-day moving average is $72.14. Nutanix has a 12 month low of $54.66 and a 12 month high of $83.36. The stock has a market cap of $20.67 billion, a P/E ratio of 120.46, a PEG ratio of 7.52 and a beta of 0.59.

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

Wall Street Analyst Weigh In

A number of analysts have commented on NTNX shares. Bank of America reduced their price target on Nutanix from $95.00 to $93.00 and set a "buy" rating for the company in a research report on Thursday, August 28th. The Goldman Sachs Group began coverage on Nutanix in a research note on Tuesday, July 15th. They issued a "buy" rating and a $95.00 price objective for the company. Barclays dropped their price objective on Nutanix from $94.00 to $82.00 and set an "overweight" rating for the company in a research note on Thursday, August 28th. JPMorgan Chase & Co. dropped their price objective on Nutanix from $90.00 to $81.00 and set an "overweight" rating for the company in a research note on Thursday, August 28th. Finally, Piper Sandler reaffirmed an "overweight" rating and issued a $88.00 price objective (up previously from $76.00) on shares of Nutanix in a research note on Thursday, May 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Nutanix has a consensus 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.