Nutanix $NTNX Shares Acquired by Cwm LLC

Cwm LLC increased its position in Nutanix (NASDAQ:NTNX - Free Report) by 25.5% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 87,937 shares of the technology company's stock after purchasing an additional 17,888 shares during the period. Cwm LLC's holdings in Nutanix were worth $6,722,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Swedbank AB acquired a new position in Nutanix in the first quarter valued at approximately $1,642,000. Silverberg Bernstein Capital Management LLC boosted its stake in Nutanix by 61.6% in the second quarter. Silverberg Bernstein Capital Management LLC now owns 37,893 shares of the technology company's stock valued at $2,897,000 after acquiring an additional 14,438 shares during the period. OMNI 360 Wealth Inc. acquired a new position in Nutanix in the second quarter valued at approximately $265,000. Inspire Investing LLC boosted its stake in Nutanix by 43.1% in the first quarter. Inspire Investing LLC now owns 41,472 shares of the technology company's stock valued at $2,895,000 after acquiring an additional 12,489 shares during the period. Finally, Amalgamated Bank boosted its stake in Nutanix by 4.9% in the first quarter. Amalgamated Bank now owns 14,420 shares of the technology company's stock valued at $1,007,000 after acquiring an additional 674 shares during the period. 85.25% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have commented on NTNX. Northland Securities set a $76.00 target price on Nutanix in a research note on Thursday, October 9th. Bank of America cut their price target on Nutanix from $95.00 to $93.00 and set a "buy" rating on the stock in a report on Thursday, August 28th. Barclays cut their price target on Nutanix from $94.00 to $82.00 and set an "overweight" rating on the stock in a report on Thursday, August 28th. Citigroup raised Nutanix to a "positive" rating in a report on Tuesday, August 5th. Finally, KeyCorp started coverage on Nutanix in a report on Thursday, June 26th. They set an "overweight" rating and a $95.00 price target on the stock. Fourteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $87.67.

Insider Buying and Selling

In related news, CFO Rukmini Sivaraman sold 11,391 shares of the business's stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $78.34, for a total transaction of $892,370.94. Following the sale, the chief financial officer owned 254,637 shares of the company's stock, valued at $19,948,262.58. The trade was a 4.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Rajiv Ramaswami sold 144,707 shares of the business's stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $76.42, for a total value of $11,058,508.94. Following the sale, the chief executive officer directly owned 524,608 shares in the company, valued at approximately $40,090,543.36. The trade was a 21.62% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 159,598 shares of company stock valued at $12,218,560 over the last quarter. Corporate insiders own 6.80% of the company's stock.

Nutanix Price Performance

Shares of NASDAQ:NTNX opened at $67.90 on Thursday. Nutanix has a 12 month low of $54.66 and a 12 month high of $83.36. The stock has a market cap of $18.25 billion, a price-to-earnings ratio of 106.10, a PEG ratio of 6.54 and a beta of 0.51. The stock's 50 day moving average price is $72.15 and its 200 day moving average price is $72.40.

Nutanix (NASDAQ:NTNX - Get Free Report) last announced its earnings results on Wednesday, August 27th. The technology company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.31 by $0.06. Nutanix had a negative return on equity of 28.01% and a net margin of 7.42%.The firm had revenue of $653.27 million for the quarter, compared to analysts' expectations of $642.48 million. During the same quarter in the previous year, the company earned $0.27 earnings per share. The firm'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. On average, sell-side analysts expect that Nutanix will post 0.31 EPS for the current year.

Nutanix Company 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.

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