Kopp Family Office LLC Lowers Holdings in Nutanix $NTNX

Key Points

• Kopp Family Office LLC has reduced its holdings in Nutanix by 4.6%, owning 93,071 shares valued at approximately $7.1 million.
• Insider activity includes CFO Rukmini Sivaraman selling 11,391 shares for about $892,370, while CEO Rajiv Ramaswami sold 1,925 shares totaling $144,375.
• Nutanix's stock price increased 0.9%, with recent earnings reporting a 19.2% revenue increase compared to the previous year, reaching $653.27 million.

Kopp Family Office LLC lowered its holdings in Nutanix (NASDAQ:NTNX - Free Report) by 4.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 93,071 shares of the technology company's stock after selling 4,533 shares during the period. Nutanix makes up about 4.6% of Kopp Family Office LLC's holdings, making the stock its 8th biggest position. Kopp Family Office LLC's holdings in Nutanix were worth $7,114,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Farther Finance Advisors LLC raised its position 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 during the period. Aaron Wealth Advisors LLC raised its position in shares of Nutanix by 2.6% in the second quarter. Aaron Wealth Advisors LLC now owns 6,489 shares of the technology company's stock valued at $496,000 after purchasing an additional 162 shares during the period. Concurrent Investment Advisors LLC raised its position in shares of Nutanix by 4.4% in the first quarter. Concurrent Investment Advisors LLC now owns 4,163 shares of the technology company's stock valued at $291,000 after purchasing an additional 177 shares during the period. MassMutual Private Wealth & Trust FSB raised its position in shares of Nutanix by 78.0% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 436 shares of the technology company's stock valued at $30,000 after purchasing an additional 191 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Nutanix by 17.6% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,338 shares of the technology company's stock valued at $93,000 after purchasing an additional 200 shares during the period. Institutional investors own 85.25% of the company's stock.

Insider Activity

In other news, CFO Rukmini Sivaraman sold 11,391 shares of the firm's stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $78.34, for a total value of $892,370.94. Following the completion of the sale, the chief financial officer directly owned 254,637 shares of the company's stock, valued at approximately $19,948,262.58. This trade represents a 4.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Rajiv Ramaswami sold 1,925 shares of the firm's stock in a transaction dated Thursday, June 26th. The stock was sold at an average price of $75.00, for a total transaction of $144,375.00. Following the completion of the sale, the chief executive officer directly owned 518,561 shares of the company's stock, valued at approximately $38,892,075. This represents a 0.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 6.80% of the company's stock.

Nutanix Stock Up 0.9%

Shares of NTNX opened at $76.09 on Wednesday. The stock has a market capitalization of $20.40 billion, a P/E ratio of 118.89, a PEG ratio of 7.25 and a beta of 0.59. The firm has a fifty day simple moving average of $72.70 and a two-hundred day simple moving average of $72.17. Nutanix has a twelve month low of $54.66 and a twelve month high of $83.36.

Nutanix (NASDAQ:NTNX - Get Free Report) last announced its quarterly earnings results on Wednesday, August 27th. The technology company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.06. The business had revenue of $653.27 million during the quarter, compared to analysts' expectations of $642.48 million. Nutanix had a net margin of 7.42% and a negative return on equity of 27.63%. The firm's revenue for the quarter was up 19.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.27 EPS. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. Sell-side analysts expect that Nutanix will post 0.31 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently weighed in on NTNX. Wall Street Zen lowered shares of Nutanix from a "strong-buy" rating to a "buy" rating in a report on Monday, June 30th. KeyCorp began coverage on shares of Nutanix in a report on Thursday, June 26th. They set an "overweight" rating and a $95.00 target price on the stock. Bank of America decreased their target price on shares of Nutanix from $95.00 to $93.00 and set a "buy" rating on the stock in a report on Thursday, August 28th. Needham & Company LLC decreased 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. Finally, Barclays decreased their target price on shares of Nutanix from $94.00 to $82.00 and set an "overweight" rating on the stock in a report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price 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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