Focus Partners Wealth Sells 15,994 Shares of Nutanix $NTNX

Key Points

• Focus Partners Wealth has reduced its stake in Nutanix by 8.5%, selling 15,994 shares and now holding 171,908 shares valued at $12 million.
• Several institutional investors are increasing their positions in Nutanix, with notable growth from MassMutual Private Wealth & Trust FSB, which increased their holdings by 78%.
• Nutanix reported a quarterly earnings per share of $0.37, exceeding the consensus estimate, and had a revenue of $653.27 million, a 19.2% increase from the previous year.

Focus Partners Wealth decreased its stake in shares of Nutanix (NASDAQ:NTNX - Free Report) by 8.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 171,908 shares of the technology company's stock after selling 15,994 shares during the period. Focus Partners Wealth owned approximately 0.06% of Nutanix worth $12,001,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Twin Tree Management LP acquired a new position in Nutanix in the 1st quarter worth $29,000. GW&K Investment Management LLC acquired a new position in shares of Nutanix during the first quarter worth about $30,000. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Nutanix by 78.0% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 436 shares of the technology company's stock worth $30,000 after buying an additional 191 shares in the last quarter. SouthState Corp bought a new position in shares of Nutanix during the first quarter worth about $32,000. Finally, Fifth Third Bancorp raised its position in Nutanix by 98.4% in the 1st quarter. Fifth Third Bancorp now owns 504 shares of the technology company's stock valued at $35,000 after buying an additional 250 shares during the last quarter. 85.25% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CFO Rukmini Sivaraman sold 2,100 shares of the stock in a transaction dated Monday, June 16th. The shares were sold at an average price of $72.73, for a total value of $152,733.00. Following the transaction, the chief financial officer directly owned 209,070 shares of the company's stock, valued at $15,205,661.10. This represents a 0.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Rajiv Ramaswami sold 1,925 shares of the company's stock in a transaction dated Thursday, June 26th. The shares were sold at an average price of $75.00, for a total transaction of $144,375.00. Following the completion of the transaction, 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 position. The disclosure for this sale can be found here. 6.80% of the stock is currently owned by corporate insiders.

Nutanix Stock Performance

Nutanix stock opened at $79.23 on Friday. The stock has a 50-day simple moving average of $72.34 and a 200 day simple moving average of $72.06. The stock has a market capitalization of $21.24 billion, a P/E ratio of 123.80, a PEG ratio of 7.80 and a beta of 0.59. Nutanix has a 52 week low of $54.66 and a 52 week high of $83.36.

Nutanix (NASDAQ:NTNX - Get Free Report) last released its quarterly earnings data on Wednesday, August 27th. The technology company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.06. Nutanix had a negative return on equity of 27.63% and a net margin of 7.42%.The firm had revenue of $653.27 million for the quarter, compared to analyst estimates of $642.48 million. During the same quarter in the prior year, the company earned $0.27 earnings per share. The business's revenue for the quarter 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. Research analysts forecast that Nutanix will post 0.31 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on NTNX shares. Wall Street Zen downgraded Nutanix from a "strong-buy" rating to a "buy" rating in a research report on Monday, June 30th. Susquehanna boosted their price objective on shares of Nutanix from $90.00 to $95.00 and gave the stock a "positive" rating in a research report on Thursday, May 29th. Wells Fargo & Company decreased their target price 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. JPMorgan Chase & Co. lowered their price target on shares of Nutanix from $90.00 to $81.00 and set an "overweight" rating on the stock in a research note on Thursday, August 28th. Finally, The Goldman Sachs Group began coverage on shares of Nutanix in a research note on Tuesday, July 15th. They set a "buy" rating and a $95.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $89.07.

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.

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