Maverick Capital Ltd. Purchases New Holdings in Nutanix $NTNX

Key Points

• Maverick Capital Ltd. purchased 28,736 shares of Nutanix stock valued at approximately $2,006,000, indicating increased institutional interest in the company.
• Insider selling has occurred, with CEO Rajiv Ramaswami and Director Groen Max Pieter De selling a combined total of over 5.4 million shares, a sign of potential changes in ownership dynamics.
• Despite recent analyst ratings fluctuating, the consensus remains a "Moderate Buy" with a target price of $89.07, highlighting optimism about Nutanix’s future growth.

Maverick Capital Ltd. bought a new position in Nutanix (NASDAQ:NTNX - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 28,736 shares of the technology company's stock, valued at approximately $2,006,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of NTNX. Tower Research Capital LLC TRC grew its position in Nutanix by 153.1% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,819 shares of the technology company's stock worth $172,000 after purchasing an additional 1,705 shares during the last quarter. Stifel Financial Corp grew its position in Nutanix by 2.3% in the 4th quarter. Stifel Financial Corp now owns 15,931 shares of the technology company's stock worth $975,000 after purchasing an additional 363 shares during the last quarter. Northern Trust Corp grew its position in Nutanix by 7.5% in the 4th quarter. Northern Trust Corp now owns 1,487,565 shares of the technology company's stock worth $91,009,000 after purchasing an additional 103,655 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec bought a new position in Nutanix in the 4th quarter worth about $3,396,000. Finally, Mercer Global Advisors Inc. ADV grew its position in Nutanix by 65.0% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 11,532 shares of the technology company's stock worth $706,000 after purchasing an additional 4,544 shares during the last quarter. Institutional investors own 85.25% of the company's stock.

Nutanix Trading Up 1.8%

NTNX stock traded up $1.25 on Friday, hitting $69.92. 2,854,894 shares of the company's stock traded hands, compared to its average volume of 3,356,407. Nutanix has a 1-year low of $54.66 and a 1-year high of $83.36. The stock has a market cap of $18.74 billion, a price-to-earnings ratio of 109.25, a P/E/G ratio of 6.61 and a beta of 0.59. The stock has a fifty day moving average of $72.19 and a 200-day moving average of $71.79.

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on NTNX. JPMorgan Chase & Co. reduced their price target on shares of Nutanix from $90.00 to $81.00 and set an "overweight" rating for the company 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 for the company in a research note on Thursday, August 28th. Raymond James Financial lowered shares of Nutanix from an "outperform" rating to a "market perform" rating in a research note on Tuesday, May 20th. Bank of America reduced their price target on shares of Nutanix from $95.00 to $93.00 and set a "buy" rating for the company in a research note on Thursday, August 28th. Finally, Wall Street Zen lowered shares of Nutanix from a "strong-buy" rating to a "buy" rating in a research note on Monday, June 30th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Nutanix presently has an average rating of "Moderate Buy" and a consensus price target of $89.07.

Insider Activity at Nutanix

In related news, CFO Rukmini Sivaraman sold 2,100 shares of the stock in a transaction that occurred on Monday, June 16th. The shares were 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. This represents a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Rajiv Ramaswami sold 1,925 shares of the stock in a transaction that occurred on Thursday, June 26th. The shares were sold at an average price of $75.00, for a total transaction of $144,375.00. Following 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. 6.80% of the stock is owned by corporate insiders.

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.