Ieq Capital LLC Increases Stock Holdings in Nutanix $NTNX

Key Points

• Ieq Capital LLC increased its stake in Nutanix by 58.7%, acquiring an additional 67,903 shares, bringing its total holdings to 183,508 shares valued at approximately $12.8 million.
• Various institutional investors have also adjusted their holdings in Nutanix, with Jacobs Levy Equity Management increasing its stake by 9.6% and Federated Hermes by 21.2% in the latest reporting period.
• Nutanix posted an earnings per share of $0.37 for the latest quarter, exceeding analysts' expectations, with total revenue amounting to $653.27 million, representing a 19.2% year-over-year increase.

Ieq Capital LLC raised its position in shares of Nutanix (NASDAQ:NTNX - Free Report) by 58.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 183,508 shares of the technology company's stock after purchasing an additional 67,903 shares during the quarter. Ieq Capital LLC owned 0.07% of Nutanix worth $12,811,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Jacobs Levy Equity Management Inc. lifted its holdings in shares of Nutanix by 9.6% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 3,086,513 shares of the technology company's stock valued at $188,833,000 after buying an additional 269,866 shares during the period. Federated Hermes Inc. grew its position in shares of Nutanix by 21.2% in the first quarter. Federated Hermes Inc. now owns 2,423,978 shares of the technology company's stock valued at $169,218,000 after purchasing an additional 423,249 shares in the last quarter. AQR Capital Management LLC grew its position in shares of Nutanix by 16.8% in the fourth quarter. AQR Capital Management LLC now owns 2,177,956 shares of the technology company's stock valued at $133,247,000 after purchasing an additional 314,060 shares in the last quarter. Northern Trust Corp grew its position in Nutanix by 19.6% in the first quarter. Northern Trust Corp now owns 1,778,753 shares of the technology company's stock worth $124,175,000 after acquiring an additional 291,188 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in Nutanix by 1.7% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,467,177 shares of the technology company's stock worth $102,424,000 after acquiring an additional 24,372 shares during the period. Institutional investors and hedge funds own 85.25% of the company's stock.

Nutanix Price Performance

Shares of Nutanix stock opened at $69.60 on Thursday. Nutanix has a 1 year low of $52.18 and a 1 year high of $83.36. The company has a market capitalization of $18.66 billion, a P/E ratio of 138.98, a P/E/G ratio of 4.54 and a beta of 0.71. The business has a 50 day moving average price of $73.07 and a 200 day moving average price of $71.95.

Nutanix (NASDAQ:NTNX - Get Free Report) last issued its quarterly earnings data 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 negative return on equity of 21.32% and a net margin of 0.97%.The firm had revenue of $653.27 million during the quarter, compared to the consensus estimate of $642.48 million. During the same period in the previous year, the firm posted $0.27 EPS. The company'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. As a group, research analysts expect that Nutanix will post 0.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have commented on NTNX. Piper Sandler restated an "overweight" rating and set a $88.00 price target (up from $76.00) on shares of Nutanix in a research note on Thursday, May 29th. Raymond James Financial cut Nutanix from an "outperform" rating to a "market perform" rating in a research note on Tuesday, May 20th. Susquehanna increased their target price on Nutanix from $90.00 to $95.00 and gave the company a "positive" rating in a report on Thursday, May 29th. Citigroup raised Nutanix to a "positive" rating in a report on Tuesday, August 5th. Finally, Morgan Stanley reaffirmed an "overweight" rating and set a $90.00 price objective (up previously from $75.00) on shares of Nutanix in a report on Tuesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Nutanix has a consensus rating of "Moderate Buy" and an average target price of $91.00.

Insider Activity

In other Nutanix news, Director Groen Max Pieter De sold 5,480,467 shares of Nutanix stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $76.81, for a total value of $420,954,670.27. Following the completion of the sale, the director directly owned 5,480,468 shares of the company's stock, valued at approximately $420,954,747.08. The trade was a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Rukmini Sivaraman sold 2,100 shares of Nutanix stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $72.73, for a total transaction of $152,733.00. Following the completion of the sale, the chief financial officer directly owned 209,070 shares of the company's stock, valued at $15,205,661.10. The trade was a 0.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 5,491,492 shares of company stock valued at $421,797,778 over the last quarter. 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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