Nutanix $NTNX Shares Acquired by Dynamic Technology Lab Private Ltd

Key Points

• Dynamic Technology Lab Private Ltd raised its stake in Nutanix by 67.3% in Q2, adding 11,670 shares to hold 29,017 shares worth about $2.22 million, per its latest 13F filing.
• Institutional ownership of Nutanix is high at 85.25%, with major funds — including Geode, Jericho, AQR, Nordea and Federated Hermes — materially increasing positions (several hold millions of shares).
• Analysts have an average rating of Moderate Buy with an average price target of $86.80 (rating mix: 1 Strong Buy, 14 Buy, 4 Hold); the stock recently traded around $60.39, below its 50- and 200-day moving averages.

Dynamic Technology Lab Private Ltd raised its holdings in shares of Nutanix (NASDAQ:NTNX - Free Report) by 67.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,017 shares of the technology company's stock after acquiring an additional 11,670 shares during the period. Dynamic Technology Lab Private Ltd's holdings in Nutanix were worth $2,218,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Geode Capital Management LLC increased its holdings in shares of Nutanix by 0.6% during the second quarter. Geode Capital Management LLC now owns 4,549,909 shares of the technology company's stock valued at $346,720,000 after purchasing an additional 25,918 shares during the period. Jericho Capital Asset Management L.P. grew its position in Nutanix by 46.8% in the 1st quarter. Jericho Capital Asset Management L.P. now owns 4,102,993 shares of the technology company's stock valued at $286,430,000 after buying an additional 1,308,357 shares in the last quarter. AQR Capital Management LLC grew its position in Nutanix by 65.5% in the 1st quarter. AQR Capital Management LLC now owns 3,604,005 shares of the technology company's stock valued at $246,874,000 after buying an additional 1,426,049 shares in the last quarter. Nordea Investment Management AB increased its stake in Nutanix by 10.0% during the 2nd quarter. Nordea Investment Management AB now owns 2,924,167 shares of the technology company's stock valued at $224,868,000 after buying an additional 266,512 shares during the period. Finally, Federated Hermes Inc. increased its stake in Nutanix by 21.2% during the 1st quarter. Federated Hermes Inc. now owns 2,423,978 shares of the technology company's stock valued at $169,218,000 after buying an additional 423,249 shares during the period. Institutional investors own 85.25% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on NTNX shares. Citigroup raised shares of Nutanix to a "positive" rating in a research note on Tuesday, August 5th. Weiss Ratings reissued a "hold (c-)" rating on shares of Nutanix in a report on Thursday, November 13th. Northland Securities set a $76.00 price target on Nutanix in a research note on Thursday, October 9th. Zacks Research upgraded Nutanix from a "hold" rating to a "strong-buy" rating in a research report on Monday, October 27th. Finally, Wells Fargo & Company dropped their price objective on Nutanix from $85.00 to $71.00 and set an "equal weight" rating on the stock in a research note on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $86.80.

Nutanix Trading Down 5.7%

Shares of NTNX opened at $60.39 on Thursday. The business's 50-day moving average price is $71.46 and its 200 day moving average price is $73.22. The stock has a market capitalization of $16.23 billion, a P/E ratio of 94.36, a P/E/G ratio of 6.55 and a beta of 0.54. Nutanix has a 1-year low of $54.66 and a 1-year high of $83.36.

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 net margin of 7.42% and a negative return on equity of 28.01%. The company had revenue of $653.27 million during the quarter, compared to analysts' expectations of $642.48 million. During the same period last year, the company posted $0.27 earnings per share. The business's revenue for the quarter 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, research analysts predict that Nutanix will post 0.31 earnings per share for the current year.

Insider Buying and Selling

In related news, CFO Rukmini Sivaraman sold 11,391 shares of the stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $78.34, for a total value of $892,370.94. Following the completion of the sale, the chief financial officer directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Teresa Gayle Sheppard sold 3,500 shares of the company's stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $76.48, for a total value of $267,680.00. Following the completion of the transaction, the director owned 22,400 shares in the company, valued at $1,713,152. This represents a 13.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 159,598 shares of company stock valued at $12,218,560. Corporate insiders own 2.40% 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.

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