Nutanix $NTNX Stock Holdings Cut by Petrus Trust Company LTA

Key Points

• Petrus Trust Company LTA reduced its stake in Nutanix by 27.6%, selling 3,858 shares, and now holds 10,145 shares valued at $708,000.
• Nutanix reported a 19.2% increase in quarterly revenue year-over-year, with earnings of $0.37 per share, surpassing analyst expectations.
• Institutional investors own 85.25% of Nutanix, indicating strong interest from large investment firms in the company's stock.

Petrus Trust Company LTA decreased its position in Nutanix (NASDAQ:NTNX - Free Report) by 27.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,145 shares of the technology company's stock after selling 3,858 shares during the quarter. Petrus Trust Company LTA's holdings in Nutanix were worth $708,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Assenagon Asset Management S.A. grew its position in shares of Nutanix by 69.7% in the 1st quarter. Assenagon Asset Management S.A. now owns 39,873 shares of the technology company's stock worth $2,784,000 after acquiring an additional 16,374 shares in the last quarter. Amalgamated Bank grew its position in shares of Nutanix by 4.9% in the 1st quarter. Amalgamated Bank now owns 14,420 shares of the technology company's stock worth $1,007,000 after acquiring an additional 674 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Nutanix by 63.7% in the 1st quarter. GAMMA Investing LLC now owns 2,768 shares of the technology company's stock worth $193,000 after acquiring an additional 1,077 shares in the last quarter. Teacher Retirement System of Texas acquired a new position in shares of Nutanix in the 1st quarter worth approximately $2,596,000. Finally, Sequoia Financial Advisors LLC acquired a new position in shares of Nutanix in the 1st quarter worth approximately $256,000. Institutional investors and hedge funds own 85.25% of the company's stock.

Insider Activity at Nutanix

In related news, CFO Rukmini Sivaraman sold 2,100 shares of the firm's stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $72.73, for a total value of $152,733.00. Following the sale, the chief financial officer directly owned 209,070 shares in the company, valued at $15,205,661.10. This trade represents a 0.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Rajiv Ramaswami sold 1,925 shares of the firm'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 sale, the chief executive officer owned 518,561 shares in the company, valued at approximately $38,892,075. This represents 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 Trading Up 1.0%

NTNX traded up $0.77 during trading hours on Tuesday, hitting $75.75. The company's stock had a trading volume of 4,050,263 shares, compared to its average volume of 3,681,983. Nutanix has a fifty-two week low of $54.66 and a fifty-two week high of $83.36. The firm has a market capitalization of $20.31 billion, a PE ratio of 118.36, a PEG ratio of 7.21 and a beta of 0.59. The company has a 50-day simple moving average of $72.17 and a 200 day simple moving average of $71.85.

Nutanix (NASDAQ:NTNX - Get Free Report) last posted its earnings results on Wednesday, August 27th. The technology company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.31 by $0.06. Nutanix had a negative return on equity of 27.63% 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 period last year, the firm earned $0.27 EPS. 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. Research analysts expect that Nutanix will post 0.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

NTNX has been the subject of several research reports. Piper Sandler reiterated an "overweight" rating and issued a $88.00 target price (up previously from $76.00) on shares of Nutanix in a research report on Thursday, May 29th. Citigroup raised Nutanix to a "positive" rating in a report on Tuesday, August 5th. 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. KeyCorp assumed coverage on Nutanix in a report on Thursday, June 26th. They issued an "overweight" rating and a $95.00 price target on the stock. Finally, Morgan Stanley reissued an "overweight" rating and issued a $90.00 price target (up previously from $75.00) on shares of Nutanix in a report on Tuesday, May 20th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $89.07.

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.