Chicago Partners Investment Group LLC Has $731,000 Stock Holdings in Nutanix $NTNX

Key Points

• Chicago Partners Investment Group LLC has increased its holdings in Nutanix by 83.4%, bringing its stake to 9,825 shares valued at approximately $731,000.
• CEO Rajiv Ramaswami sold 144,707 shares for over $11 million, reducing his ownership by 21.62% to around 524,608 shares.
• Nutanix reported a quarterly earnings per share (EPS) of $0.37, exceeding analyst estimates, with revenue of $653.27 million, a growth of 19.2% compared to the previous year.

Chicago Partners Investment Group LLC increased its holdings in shares of Nutanix (NASDAQ:NTNX - Free Report) by 83.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,825 shares of the technology company's stock after buying an additional 4,467 shares during the quarter. Chicago Partners Investment Group LLC's holdings in Nutanix were worth $731,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Swedbank AB purchased a new position in Nutanix in the first quarter valued at about $1,642,000. Silverberg Bernstein Capital Management LLC boosted its stake in shares of Nutanix by 61.6% during the 2nd quarter. Silverberg Bernstein Capital Management LLC now owns 37,893 shares of the technology company's stock worth $2,897,000 after acquiring an additional 14,438 shares in the last quarter. OMNI 360 Wealth Inc. acquired a new position in Nutanix during the 2nd quarter valued at $265,000. Inspire Investing LLC raised its stake in Nutanix by 43.1% during the 1st quarter. Inspire Investing LLC now owns 41,472 shares of the technology company's stock valued at $2,895,000 after purchasing an additional 12,489 shares during the last quarter. Finally, Amalgamated Bank raised its stake in Nutanix by 4.9% during the 1st quarter. Amalgamated Bank now owns 14,420 shares of the technology company's stock valued at $1,007,000 after purchasing an additional 674 shares during the last quarter. Hedge funds and other institutional investors own 85.25% of the company's stock.

Insider Transactions at Nutanix

In other news, CEO Rajiv Ramaswami sold 144,707 shares of the stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $76.42, for a total value of $11,058,508.94. Following the completion of the transaction, the chief executive officer directly owned 524,608 shares of the company's stock, valued at approximately $40,090,543.36. This represents a 21.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Rukmini Sivaraman sold 11,391 shares of the stock in a transaction that occurred on Tuesday, September 16th. The stock was 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 directly owned 254,637 shares of the company's stock, valued at approximately $19,948,262.58. The trade was a 4.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 159,598 shares of company stock valued at $12,218,560. Corporate insiders own 6.80% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Citigroup raised Nutanix to a "positive" rating in a research report on Tuesday, August 5th. Needham & Company LLC decreased their price objective on Nutanix from $92.00 to $80.00 and set a "buy" rating on the stock in a report on Thursday, August 28th. Barclays lowered their price objective on Nutanix from $94.00 to $82.00 and set an "overweight" rating on the stock in a research report on Thursday, August 28th. Bank of America lowered their price objective on Nutanix from $95.00 to $93.00 and set a "buy" rating on the stock in a research report on Thursday, August 28th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Nutanix in a research report on Wednesday, October 8th. Fourteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $87.67.

Nutanix Trading Up 1.2%

Shares of NTNX opened at $69.09 on Wednesday. Nutanix has a 1 year low of $54.66 and a 1 year high of $83.36. The stock has a 50 day simple moving average of $71.94 and a 200-day simple moving average of $72.47. The stock has a market cap of $18.57 billion, a PE ratio of 107.95, a PEG ratio of 6.56 and a beta of 0.51.

Nutanix (NASDAQ:NTNX - Get Free Report) last issued its earnings results on Wednesday, August 27th. The technology company reported $0.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.31 by $0.06. Nutanix had a negative return on equity of 28.01% and a net margin of 7.42%.The business had revenue of $653.27 million during the quarter, compared to analysts' expectations of $642.48 million. During the same period in the prior year, the firm posted $0.27 EPS. Nutanix'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 forecast that Nutanix will post 0.31 EPS for the current fiscal year.

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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