Graham Capital Management L.P. Purchases 15,053 Shares of Nutanix $NTNX

Key Points

• Graham Capital Management L.P. increased its stake in Nutanix by 136.3%, owning 26,093 shares valued at approximately $1.82 million as of the latest SEC filing.
• Multiple institutional investors have recently enhanced their holdings in Nutanix, with a combined ownership of 85.25% of the company's stock.
• Analysts have set a consensus price target of $89.07 for Nutanix, with ratings varying from "Strong Buy" to "Hold" among different investment analysts.

Graham Capital Management L.P. boosted its position in Nutanix (NASDAQ:NTNX - Free Report) by 136.3% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 26,093 shares of the technology company's stock after purchasing an additional 15,053 shares during the period. Graham Capital Management L.P.'s holdings in Nutanix were worth $1,822,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of NTNX. Contour Asset Management LLC bought a new stake in Nutanix in the 4th quarter valued at $87,318,000. Nuveen LLC acquired a new stake in Nutanix during the first quarter worth approximately $86,949,000. Perpetual Ltd lifted its position in Nutanix by 10,205.2% during the first quarter. Perpetual Ltd now owns 875,946 shares of the technology company's stock worth $61,150,000 after acquiring an additional 867,446 shares during the last quarter. Cadian Capital Management LP lifted its position in Nutanix by 68.5% during the fourth quarter. Cadian Capital Management LP now owns 1,455,792 shares of the technology company's stock worth $89,065,000 after acquiring an additional 591,892 shares during the last quarter. Finally, Annex Advisory Services LLC bought a new position in shares of Nutanix during the first quarter worth approximately $37,294,000. Institutional investors own 85.25% of the company's stock.

Nutanix Stock Performance

Shares of NTNX traded up $1.25 during trading hours on Friday, reaching $69.92. The stock had a trading volume of 2,854,894 shares, compared to its average volume of 3,400,558. Nutanix has a 12 month low of $54.66 and a 12 month high of $83.36. The stock has a market capitalization of $18.74 billion, a PE ratio of 109.25, a PEG ratio of 6.73 and a beta of 0.59. The company's 50-day moving average is $72.19 and its two-hundred day moving average is $71.79.

Nutanix (NASDAQ:NTNX - Get Free Report) last announced its quarterly earnings results on Wednesday, August 27th. The technology company reported $0.37 EPS for the quarter, beating analysts' consensus estimates of $0.31 by $0.06. Nutanix had a negative return on equity of 27.63% and a net margin of 7.42%.The company had revenue of $653.27 million during the quarter, compared to analysts' expectations of $642.48 million. During the same period in the prior year, the company earned $0.27 EPS. Nutanix's 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. Equities analysts anticipate that Nutanix will post 0.31 earnings per share for the current fiscal year.

Insider Activity at Nutanix

In other Nutanix news, CEO Rajiv Ramaswami sold 1,925 shares of the company's stock in a transaction that occurred on Thursday, June 26th. The shares were 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 directly owned 518,561 shares in the company, valued at approximately $38,892,075. This represents a 0.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Rukmini Sivaraman sold 2,100 shares of the company's 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 transaction, the chief financial officer owned 209,070 shares of the company's stock, valued at approximately $15,205,661.10. This trade represents a 0.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 6.80% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on NTNX shares. Wall Street Zen downgraded Nutanix from a "strong-buy" rating to a "buy" rating in a research report on Monday, June 30th. Bank of America reduced their price target on Nutanix from $95.00 to $93.00 and set a "buy" rating on the stock in a research report on Thursday, August 28th. Barclays reduced their price target on Nutanix from $94.00 to $82.00 and set an "overweight" rating on the stock in a research report on Thursday, August 28th. Needham & Company LLC reduced their price target on shares of Nutanix from $92.00 to $80.00 and set a "buy" rating on the stock in a research report on Thursday, August 28th. Finally, Wells Fargo & Company reduced their price target on shares of Nutanix from $85.00 to $71.00 and set an "equal weight" rating on the stock in a research report on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $89.07.

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.