Mn Services Vermogensbeheer B.V. Invests $7.24 Million in Nutanix $NTNX

Key Points

• Mn Services Vermogensbeheer B.V. invested approximately $7.24 million in Nutanix, acquiring 94,700 shares during the second quarter.
• Nutanix reported a 19.2% increase in revenue year-over-year, with earnings per share of $0.37 for the last quarter, exceeding analysts' expectations.
• Institutional investors currently own 85.25% of Nutanix's stock, indicating strong confidence in the company's performance and growth potential.

Mn Services Vermogensbeheer B.V. purchased a new position in Nutanix (NASDAQ:NTNX - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 94,700 shares of the technology company's stock, valued at approximately $7,239,000.

Other hedge funds have also recently modified their holdings of the company. Twin Tree Management LP purchased a new stake in Nutanix during the first quarter valued at $29,000. GW&K Investment Management LLC bought a new position in shares of Nutanix in the first quarter worth about $30,000. MassMutual Private Wealth & Trust FSB boosted its stake 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 worth $30,000 after acquiring an additional 191 shares during the period. SouthState Corp bought a new position in shares of Nutanix in the first quarter worth about $32,000. Finally, Fifth Third Bancorp boosted its stake in Nutanix by 98.4% during the first 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. Hedge funds and other institutional investors own 85.25% of the company's stock.

Insider Activity

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

Nutanix Trading Down 1.4%

Shares of NASDAQ NTNX traded down $1.07 during trading on Friday, reaching $77.09. 36,193,596 shares of the company traded hands, compared to its average volume of 4,455,501. The firm's fifty day simple moving average is $72.60 and its 200 day simple moving average is $72.10. The stock has a market cap of $20.67 billion, a P/E ratio of 120.46, a PEG ratio of 7.42 and a beta of 0.59. Nutanix has a 12-month low of $54.66 and a 12-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. 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 during the quarter, compared to analyst estimates of $642.48 million. During the same quarter in the previous year, the business earned $0.27 EPS. Nutanix'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. As a group, research analysts expect that Nutanix will post 0.31 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on NTNX. KeyCorp began coverage on Nutanix in a research note on Thursday, June 26th. They set an "overweight" rating and a $95.00 price target for the company. Barclays dropped their price target on Nutanix from $94.00 to $82.00 and set an "overweight" rating for the company in a research note on Thursday, August 28th. Piper Sandler reissued 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. The Goldman Sachs Group began coverage on Nutanix in a research note on Tuesday, July 15th. They set a "buy" rating and a $95.00 price target for the company. Finally, Bank of America dropped their price target on Nutanix from $95.00 to $93.00 and set a "buy" rating for the company in a research note on Thursday, August 28th. 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 company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus 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.