Magnetar Financial LLC Invests $319,000 in Nutanix $NTNX

Key Points

• Magnetar Financial LLC has acquired a new stake in Nutanix, purchasing 4,568 shares valued at approximately $319,000 during the first quarter.
• Institutional investors own 85.25% of Nutanix's stock, with several firms increasing their positions, including Tower Research Capital LLC and Stifel Financial Corp.
• Nutanix reported a 19.2% increase in revenue year-over-year and posted an EPS of $0.37, beating analysts' expectations.

Magnetar Financial LLC acquired a new stake in shares of Nutanix (NASDAQ:NTNX - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 4,568 shares of the technology company's stock, valued at approximately $319,000.

A number of other institutional investors have also bought and sold shares of the business. Assenagon Asset Management S.A. increased its holdings in shares of Nutanix by 69.7% in the first quarter. Assenagon Asset Management S.A. now owns 39,873 shares of the technology company's stock valued at $2,784,000 after purchasing an additional 16,374 shares during the last quarter. Amalgamated Bank increased its stake in shares of Nutanix by 4.9% in the 1st quarter. Amalgamated Bank now owns 14,420 shares of the technology company's stock worth $1,007,000 after acquiring an additional 674 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Nutanix by 63.7% during the 1st quarter. GAMMA Investing LLC now owns 2,768 shares of the technology company's stock valued at $193,000 after acquiring an additional 1,077 shares during the last quarter. Teacher Retirement System of Texas purchased a new stake in shares of Nutanix in the first quarter valued at about $2,596,000. Finally, Sequoia Financial Advisors LLC purchased a new stake in shares of Nutanix in the first quarter valued at about $256,000. 85.25% of the stock is owned by hedge funds and other institutional investors.

Nutanix Price Performance

Shares of NTNX traded up $1.25 during mid-day trading on Friday, reaching $69.92. 2,854,894 shares of the company's stock were exchanged, compared to its average volume of 3,400,558. The business's fifty day simple moving average is $72.19 and its 200-day simple moving average is $71.79. The stock has a market capitalization of $18.74 billion, a PE ratio of 109.25, a price-to-earnings-growth ratio of 6.73 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 issued its quarterly earnings results on Wednesday, August 27th. The technology company reported $0.37 earnings per share for the quarter, topping analysts' consensus estimates of $0.31 by $0.06. Nutanix had a net margin of 7.42% and a negative return on equity of 27.63%. The firm had revenue of $653.27 million during the quarter, compared to analysts' expectations of $642.48 million. During the same quarter in the prior year, the business earned $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. Equities research analysts predict that Nutanix will post 0.31 earnings per share for the current year.

Insiders Place Their Bets

In other Nutanix news, CFO Rukmini Sivaraman sold 2,100 shares of the business's stock in a transaction on 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 approximately $15,205,661.10. The trade was a 0.99% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Rajiv Ramaswami sold 1,925 shares of the company's stock in a transaction on Thursday, June 26th. The stock was sold at an average price of $75.00, for a total transaction of $144,375.00. Following the transaction, the chief executive officer owned 518,561 shares of the company's stock, valued at approximately $38,892,075. The trade was a 0.37% decrease in their position. The disclosure for this sale can be found here. Company insiders own 6.80% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have commented on NTNX shares. Needham & Company LLC reduced their target price on shares of Nutanix from $92.00 to $80.00 and set a "buy" rating on the stock in a research note on Thursday, August 28th. Wells Fargo & Company reduced their price target on shares of Nutanix from $85.00 to $71.00 and set an "equal weight" rating on the stock in a research report on Thursday, August 28th. Morgan Stanley reaffirmed an "overweight" rating and set a $90.00 target price (up previously from $75.00) on shares of Nutanix in a research note on Tuesday, May 20th. Bank of America decreased their target price on Nutanix from $95.00 to $93.00 and set a "buy" rating on the stock in a research note on Thursday, August 28th. Finally, Susquehanna increased their price objective on Nutanix from $90.00 to $95.00 and gave the company a "positive" rating in a research note on Thursday, May 29th. 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. According to data from MarketBeat, Nutanix presently has an average rating of "Moderate Buy" and an average target price of $89.07.

Nutanix 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.