Blair William & Co. IL Decreases Position in Nutanix $NTNX

Blair William & Co. IL cut its stake in Nutanix (NASDAQ:NTNX - Free Report) by 7.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 94,155 shares of the technology company's stock after selling 7,889 shares during the quarter. Blair William & Co. IL's holdings in Nutanix were worth $7,197,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of NTNX. AQR Capital Management LLC raised its holdings in Nutanix by 65.5% in the 1st quarter. AQR Capital Management LLC now owns 3,604,005 shares of the technology company's stock valued at $246,874,000 after acquiring an additional 1,426,049 shares during the last quarter. Jericho Capital Asset Management L.P. raised its holdings in Nutanix by 46.8% in the 1st quarter. Jericho Capital Asset Management L.P. now owns 4,102,993 shares of the technology company's stock valued at $286,430,000 after acquiring an additional 1,308,357 shares during the last quarter. Nuveen LLC acquired a new stake in Nutanix in the 1st quarter valued at about $86,949,000. Perpetual Ltd raised its holdings in Nutanix by 10,205.2% in the 1st quarter. Perpetual Ltd now owns 875,946 shares of the technology company's stock valued at $61,150,000 after acquiring an additional 867,446 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in Nutanix by 4,832.0% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 506,418 shares of the technology company's stock valued at $35,353,000 after acquiring an additional 496,150 shares during the last quarter. 85.25% of the stock is owned by hedge funds and other institutional investors.

Nutanix Stock Performance

Nutanix stock opened at $68.34 on Friday. Nutanix has a fifty-two week low of $54.66 and a fifty-two week high of $83.36. The firm has a 50 day moving average price of $72.51 and a 200 day moving average price of $72.47. The company has a market capitalization of $18.37 billion, a PE ratio of 106.78, a price-to-earnings-growth ratio of 6.57 and a beta of 0.51.

Nutanix (NASDAQ:NTNX - Get Free Report) last posted its earnings results 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. Nutanix had a net margin of 7.42% and a negative return on equity of 28.01%. The firm had revenue of $653.27 million during the quarter, compared to the consensus estimate of $642.48 million. During the same quarter last year, the firm earned $0.27 EPS. The firm's revenue for the quarter was up 19.2% on a year-over-year basis. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, equities research analysts forecast that Nutanix will post 0.31 earnings per share for the current year.

Analysts Set New Price Targets

NTNX has been the subject of a number of recent research reports. Northland Securities set a $76.00 price objective on shares of Nutanix in a report on Thursday. Wells Fargo & Company cut their price objective on shares of Nutanix from $85.00 to $71.00 and set an "equal weight" rating for the company in a report on Thursday, August 28th. Northland Capmk downgraded shares of Nutanix from a "strong-buy" rating to a "hold" rating in a report on Thursday. Wall Street Zen downgraded shares of Nutanix from a "strong-buy" rating to a "buy" rating in a report on Monday, June 30th. Finally, The Goldman Sachs Group started coverage on shares of Nutanix in a report on Tuesday, July 15th. They set a "buy" rating and a $95.00 price target for the company. Fourteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $87.67.

Insider Buying and Selling at Nutanix

In other Nutanix news, CFO Rukmini Sivaraman sold 11,391 shares of the firm's stock in a transaction that occurred on 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 of the company's stock, valued at $19,948,262.58. This trade represents a 4.28% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Rajiv Ramaswami sold 144,707 shares of Nutanix stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $76.42, for a total transaction of $11,058,508.94. Following the sale, the chief executive officer directly owned 524,608 shares of the company's stock, valued at approximately $40,090,543.36. This trade represents a 21.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 159,598 shares of company stock valued at $12,218,560 in the last 90 days. Company 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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