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

A number of other large investors have also made changes to their positions in the company. Azzad Asset Management Inc. ADV boosted its stake in Nutanix by 0.5% in the 4th quarter. Azzad Asset Management Inc. ADV now owns 34,887 shares of the technology company's stock worth $2,134,000 after purchasing an additional 159 shares during the period. Aaron Wealth Advisors LLC lifted its holdings 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 in the last quarter. Concurrent Investment Advisors LLC boosted 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 worth $291,000 after buying an additional 177 shares during the period. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Nutanix by 78.0% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 436 shares of the technology company's stock valued at $30,000 after buying an additional 191 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Nutanix by 17.6% during 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 buying an additional 200 shares in the last quarter. Institutional investors and hedge funds own 85.25% of the company's stock.

Nutanix Stock Down 0.5%

NTNX stock traded down $0.35 during trading hours on Tuesday, hitting $75.03. The company's stock had a trading volume of 571,071 shares, compared to its average volume of 2,919,185. The stock has a 50 day moving average price of $72.66 and a two-hundred day moving average price of $72.14. Nutanix has a 12 month low of $54.66 and a 12 month high of $83.36. The company has a market capitalization of $20.11 billion, a PE ratio of 116.82, a price-to-earnings-growth ratio of 7.42 and a beta of 0.59.

Nutanix (NASDAQ:NTNX - Get Free Report) last released its quarterly earnings data on Wednesday, August 27th. The technology company reported $0.37 earnings per share (EPS) 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 analyst estimates of $642.48 million. Nutanix had a net margin of 7.42% and a negative return on equity of 27.63%. Nutanix's quarterly revenue was up 19.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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 earnings per share for the current year.

Wall Street Analyst Weigh In

NTNX has been the subject of several research analyst reports. The Goldman Sachs Group started coverage on Nutanix in a research note on Tuesday, July 15th. They issued a "buy" rating and a $95.00 price objective for the company. Wall Street Zen downgraded Nutanix from a "strong-buy" rating to a "buy" rating in a report on Monday, June 30th. Susquehanna raised their price target on shares of Nutanix from $90.00 to $95.00 and gave the stock a "positive" rating in a report on Thursday, May 29th. Barclays lowered their price objective on shares of Nutanix from $94.00 to $82.00 and set an "overweight" rating on the stock in a research report on Thursday, August 28th. Finally, Needham & Company LLC cut their target price on shares of Nutanix from $92.00 to $80.00 and set a "buy" rating for the company in a research report on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $89.07.

Insider Activity

In related news, CEO Rajiv Ramaswami sold 1,925 shares of the business's stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 518,561 shares in the company, valued at approximately $38,892,075. The trade was a 0.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Rukmini Sivaraman sold 11,391 shares of the stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $78.34, for a total value of $892,370.94. Following the transaction, the chief financial officer owned 254,637 shares in the company, valued at approximately $19,948,262.58. This trade represents a 4.28% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 6.80% of the company's stock.

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.