Voya Investment Management LLC Has $6.30 Million Stock Holdings in Nutanix $NTNX

Key Points

• Voya Investment Management LLC significantly reduced its stake in Nutanix by **99.4%** during the first quarter, downsizing from 16.2 million to 90,170 shares, which are now valued at approximately $6.3 million.
• Insider trading reports indicate that both CFO Rukmini Sivaraman and CEO Rajiv Ramaswami sold shares recently, with Sivaraman's sale representing a **4.28%** decrease in ownership and Ramaswami’s a **0.37%** decrease.
• Analysts have given Nutanix a **consensus target price** of **$89.07**, with mixed ratings ranging from "strong buy" to "hold" across multiple research reports.

Voya Investment Management LLC decreased its stake in Nutanix (NASDAQ:NTNX - Free Report) by 99.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 90,170 shares of the technology company's stock after selling 16,123,851 shares during the period. Voya Investment Management LLC's holdings in Nutanix were worth $6,295,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Azzad Asset Management Inc. ADV boosted its stake in Nutanix by 0.5% during the fourth quarter. Azzad Asset Management Inc. ADV now owns 34,887 shares of the technology company's stock worth $2,134,000 after buying an additional 159 shares in the last quarter. Concurrent Investment Advisors LLC boosted its stake in Nutanix by 4.4% during 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 in the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in Nutanix by 78.0% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 436 shares of the technology company's stock worth $30,000 after buying an additional 191 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its stake in 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 worth $93,000 after buying an additional 200 shares in the last quarter. Finally, Exchange Traded Concepts LLC boosted its stake in Nutanix by 0.6% during the first quarter. Exchange Traded Concepts LLC now owns 38,695 shares of the technology company's stock worth $2,701,000 after buying an additional 218 shares in the last quarter. Institutional investors and hedge funds own 85.25% of the company's stock.

Analyst Upgrades and Downgrades

NTNX has been the topic of a number of recent research reports. Citigroup upgraded shares of Nutanix to a "positive" rating in a research note on Tuesday, August 5th. Bank of America cut their price objective on Nutanix from $95.00 to $93.00 and set a "buy" rating for the company in a report on Thursday, August 28th. The Goldman Sachs Group initiated coverage on Nutanix in a report on Tuesday, July 15th. They set a "buy" rating and a $95.00 price objective for the company. Wall Street Zen cut Nutanix from a "strong-buy" rating to a "buy" rating in a report on Monday, June 30th. Finally, Barclays cut their price objective on Nutanix from $94.00 to $82.00 and set an "overweight" rating for the company in a 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 given a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $89.07.

Insider Transactions at Nutanix

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

Nutanix Stock Down 1.4%

NTNX stock traded down $1.07 during midday trading on Friday, reaching $77.09. The stock had a trading volume of 36,193,596 shares, compared to its average volume of 6,125,260. The business has a fifty day simple moving average of $72.60 and a two-hundred day simple moving average of $72.11. The firm has a market cap of $20.67 billion, a price-to-earnings ratio of 120.46, a PEG ratio of 7.42 and a beta of 0.59. Nutanix has a twelve month low of $54.66 and a twelve month high of $83.36.

Nutanix (NASDAQ:NTNX - Get Free Report) last announced its quarterly earnings data on Wednesday, August 27th. The technology company reported $0.37 EPS for the quarter, topping analysts' consensus estimates of $0.31 by $0.06. The firm had revenue of $653.27 million during the quarter, compared to analyst estimates of $642.48 million. Nutanix had a negative return on equity of 27.63% and a net margin of 7.42%.The company's revenue was up 19.2% on a year-over-year basis. During the same period last year, the company earned $0.27 earnings per share. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. On average, equities analysts predict that Nutanix will post 0.31 earnings per share for the current fiscal 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.