Callan Family Office LLC Takes Position in Nutanix $NTNX

Key Points

• Callan Family Office LLC acquired 4,313 shares of Nutanix, approximating a value of $330,000, indicating growing institutional interest in the company.
• Analysts have mixed views on Nutanix, with Goldman Sachs initiating coverage and issuing a "buy" rating, while both Wells Fargo and JPMorgan have lowered their price targets.
• Nutanix reported a quarterly EPS of $0.37, exceeding analysts' expectations, accompanied by a 19.2% year-on-year revenue increase to $653.27 million.

Callan Family Office LLC acquired a new position in shares of Nutanix (NASDAQ:NTNX - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 4,313 shares of the technology company's stock, valued at approximately $330,000.

A number of other institutional investors have also made changes to their positions in NTNX. Twin Tree Management LP bought a new position in Nutanix during the first quarter worth about $29,000. GW&K Investment Management LLC bought a new position in Nutanix during the first quarter worth about $30,000. SouthState Corp bought a new position in Nutanix during the first quarter worth about $32,000. Fifth Third Bancorp lifted its holdings in shares of 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 in the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings in shares of Nutanix by 42.6% in the second quarter. Farther Finance Advisors LLC now owns 502 shares of the technology company's stock valued at $38,000 after purchasing an additional 150 shares in the last quarter. 85.25% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on NTNX shares. The Goldman Sachs Group started coverage on Nutanix in a report on Tuesday, July 15th. They issued a "buy" rating and a $95.00 price target on the stock. Wells Fargo & Company cut their price target on Nutanix from $85.00 to $71.00 and set an "equal weight" rating on the stock in a report on Thursday, August 28th. JPMorgan Chase & Co. cut their price target on Nutanix from $90.00 to $81.00 and set an "overweight" rating on the stock in a report on Thursday, August 28th. Weiss Ratings reiterated a "hold (c)" rating on shares of Nutanix in a report on Wednesday, October 8th. Finally, Northland Securities set a $76.00 target price on Nutanix in a report on Thursday, October 9th. Fourteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $87.67.

Nutanix Price Performance

NASDAQ NTNX opened at $67.90 on Thursday. The business has a fifty day moving average price of $72.15 and a two-hundred day moving average price of $72.40. Nutanix has a fifty-two week low of $54.66 and a fifty-two week high of $83.36. The stock has a market capitalization of $18.25 billion, a PE ratio of 106.10, a PEG ratio of 6.54 and a beta of 0.51.

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. The company had revenue of $653.27 million during the quarter, compared to analysts' expectations of $642.48 million. Nutanix had a negative return on equity of 28.01% and a net margin of 7.42%.Nutanix's revenue was up 19.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.27 EPS. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, sell-side analysts expect that Nutanix will post 0.31 earnings per share for the current year.

Insider Activity

In other Nutanix news, CFO Rukmini Sivaraman sold 11,391 shares of Nutanix stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $78.34, for a total transaction of $892,370.94. Following 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Teresa Gayle Sheppard sold 3,500 shares of the firm's stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $76.48, for a total transaction of $267,680.00. Following the sale, the director owned 22,400 shares of the company's stock, valued at approximately $1,713,152. The trade was a 13.51% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 159,598 shares of company stock worth $12,218,560 in the last three months. 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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