Caption Management LLC Cuts Position in Nutanix $NTNX

Key Points

• Caption Management LLC reduced its stake in Nutanix by 38.1% during the first quarter, now holding 15,480 shares valued at approximately $1,081,000.
• Nutanix reported a 19.2% year-over-year revenue growth for the latest quarter, with earnings per share of $0.37, exceeding analysts' expectations.
• Institutional investors own 85.25% of Nutanix, reflecting a significant interest from market participants in the company's stock.

Caption Management LLC lessened its stake in Nutanix (NASDAQ:NTNX - Free Report) by 38.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,480 shares of the technology company's stock after selling 9,520 shares during the quarter. Caption Management LLC's holdings in Nutanix were worth $1,081,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. True Wealth Design LLC raised its holdings in Nutanix by 13.2% during the 4th quarter. True Wealth Design LLC now owns 1,249 shares of the technology company's stock valued at $76,000 after acquiring an additional 146 shares during the period. Azzad Asset Management Inc. ADV raised its holdings in Nutanix by 0.5% during the 4th 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. Concurrent Investment Advisors LLC raised its holdings 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 acquiring an additional 177 shares during the period. MassMutual Private Wealth & Trust FSB raised its holdings 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 acquiring an additional 191 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings 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 acquiring an additional 200 shares during the period. Institutional investors own 85.25% of the company's stock.

Insider Activity at Nutanix

In related news, CEO Rajiv Ramaswami sold 1,925 shares of the company's 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 completion of the transaction, the chief executive officer directly owned 518,561 shares in the company, valued at approximately $38,892,075. The trade was a 0.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Groen Max Pieter De sold 5,480,467 shares of the company's stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $76.81, for a total transaction of $420,954,670.27. Following the completion of the transaction, the director owned 5,480,468 shares of the company's stock, valued at $420,954,747.08. This trade represents a 50.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 5,491,492 shares of company stock valued at $421,797,778 over the last ninety days. 6.80% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

NTNX has been the topic of a number of analyst reports. Needham & Company LLC lowered their target price on shares of Nutanix from $92.00 to $80.00 and set a "buy" rating on the stock in a report on Thursday, August 28th. KeyCorp began coverage on shares of Nutanix in a research report on Thursday, June 26th. They set an "overweight" rating and a $95.00 price target for the company. Susquehanna boosted their price target on shares of Nutanix from $90.00 to $95.00 and gave the company a "positive" rating in a research report on Thursday, May 29th. Wells Fargo & Company reduced their price target on shares of Nutanix from $85.00 to $71.00 and set an "equal weight" rating for the company in a research report on Thursday, August 28th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Nutanix from $90.00 to $81.00 and set an "overweight" rating for the company in a research report on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $89.07.

Nutanix Trading Up 1.2%

Shares of NTNX traded up $0.78 during mid-day trading on Wednesday, reaching $67.90. 2,978,402 shares of the stock traded hands, compared to its average volume of 3,221,518. The firm has a fifty day moving average price of $72.43 and a 200 day moving average price of $71.82. The company has a market cap of $18.20 billion, a price-to-earnings ratio of 106.10, a price-to-earnings-growth ratio of 6.61 and a beta of 0.59. Nutanix has a 1 year low of $54.66 and a 1 year high of $83.36.

Nutanix (NASDAQ:NTNX - Get Free Report) last announced its earnings results on Wednesday, August 27th. The technology company reported $0.37 earnings per share (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 company had revenue of $653.27 million during the quarter, compared to analyst estimates of $642.48 million. During the same period in the previous year, the business earned $0.27 earnings per share. The firm's quarterly revenue 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, sell-side analysts anticipate that Nutanix will post 0.31 EPS for the current year.

About Nutanix

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.