Nutanix $NTNX Shares Sold by Trexquant Investment LP

Key Points

• Trexquant Investment LP has significantly reduced its stake in Nutanix by 49.2%, now holding approximately 0.06% of the company's shares valued at $11.6 million after selling 161,289 shares.
• Insider transactions include Director Groen Max Pieter De selling over 5.4 million shares, representing a 50% decrease in ownership, while CFO Rukmini Sivaraman sold 2,100 shares, reducing her ownership by 0.99%.
• Equities analysts have mixed ratings for Nutanix, with consensus reflecting a "Moderate Buy" and an average price target of $89.07, despite varied assessments from firms like Morgan Stanley and Bank of America.

Trexquant Investment LP reduced its position in shares of Nutanix (NASDAQ:NTNX - Free Report) by 49.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 166,488 shares of the technology company's stock after selling 161,289 shares during the period. Trexquant Investment LP owned 0.06% of Nutanix worth $11,623,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of NTNX. Colonial Trust Co SC acquired a new position in shares of Nutanix during the 4th quarter worth approximately $28,000. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Nutanix by 78.0% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 436 shares of the technology company's stock worth $30,000 after purchasing an additional 191 shares during the last quarter. GW&K Investment Management LLC acquired a new position in shares of Nutanix during the 1st quarter worth approximately $30,000. SouthState Corp acquired a new position in shares of Nutanix during the 1st quarter worth approximately $32,000. Finally, Fifth Third Bancorp boosted its holdings in shares of Nutanix by 98.4% during the 1st quarter. Fifth Third Bancorp now owns 504 shares of the technology company's stock worth $35,000 after purchasing an additional 250 shares during the last quarter. 85.25% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Wall Street Zen cut Nutanix from a "strong-buy" rating to a "buy" rating in a report on Monday, June 30th. The Goldman Sachs Group began coverage on Nutanix in a report on Tuesday, July 15th. They issued a "buy" rating and a $95.00 price objective on the stock. Morgan Stanley reiterated an "overweight" rating and issued a $90.00 price objective (up from $75.00) on shares of Nutanix in a report on Tuesday, May 20th. Wells Fargo & Company decreased their price objective on Nutanix from $85.00 to $71.00 and set an "equal weight" rating on the stock in a report on Thursday. Finally, Barclays decreased their price objective on Nutanix from $94.00 to $82.00 and set an "overweight" rating on the stock in a report on Thursday. One equities research 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's stock. According to MarketBeat.com, Nutanix presently has a consensus rating of "Moderate Buy" and a consensus target price of $89.07.

Nutanix Stock Up 1.7%

NASDAQ:NTNX traded up $1.15 during trading hours on Friday, reaching $67.21. 4,668,425 shares of the stock were exchanged, compared to its average volume of 3,314,458. The business has a 50-day moving average of $72.81 and a two-hundred day moving average of $71.90. Nutanix has a twelve month low of $54.66 and a twelve month high of $83.36. The company has a market capitalization of $18.02 billion, a price-to-earnings ratio of 105.02, a PEG ratio of 6.61 and a beta of 0.59.

Nutanix (NASDAQ:NTNX - Get Free Report) last released its quarterly earnings results on Wednesday, August 27th. The technology company reported $0.37 EPS for the quarter, topping 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 for the quarter, compared to analysts' expectations of $642.48 million. During the same period in the prior year, the firm earned $0.27 earnings per share. The firm'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. On average, research analysts forecast that Nutanix will post 0.31 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO Rajiv Ramaswami sold 1,925 shares of the company's stock in a transaction on Thursday, June 26th. The stock was sold at an average price of $75.00, for a total transaction of $144,375.00. Following the sale, the chief executive officer owned 518,561 shares of the company's stock, valued at approximately $38,892,075. This represents a 0.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Virginia Gambale sold 7,000 shares of the stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $78.00, for a total value of $546,000.00. Following the completion of the transaction, the director directly owned 38,330 shares in the company, valued at $2,989,740. This trade represents a 15.44% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 5,491,492 shares of company stock worth $421,797,778 over the last ninety days. Insiders own 6.80% of the company's stock.

Nutanix 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.