Poinciana Advisors Group LLC Invests $333,000 in Nutanix $NTNX

Key Points

• Poinciana Advisors Group LLC invested $333,000 in Nutanix, acquiring 4,357 shares of the technology company's stock.
• Institutional investors and hedge funds collectively own 85.25% of Nutanix's stock, indicating strong institutional support.
• Nutanix reported a quarterly earnings per share (EPS) of $0.37, exceeding consensus estimates and showing a 19.2% year-over-year revenue increase.

Poinciana Advisors Group LLC purchased a new position in shares of Nutanix (NASDAQ:NTNX - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 4,357 shares of the technology company's stock, valued at approximately $333,000.

A number of other hedge funds also recently modified their holdings of the business. Jericho Capital Asset Management L.P. lifted its holdings in shares of Nutanix by 46.8% during the first quarter. Jericho Capital Asset Management L.P. now owns 4,102,993 shares of the technology company's stock worth $286,430,000 after purchasing an additional 1,308,357 shares during the period. AQR Capital Management LLC raised its stake in Nutanix by 65.5% during the first quarter. AQR Capital Management LLC now owns 3,604,005 shares of the technology company's stock worth $246,874,000 after buying an additional 1,426,049 shares during the last quarter. Federated Hermes Inc. raised its stake in Nutanix by 21.2% during the first quarter. Federated Hermes Inc. now owns 2,423,978 shares of the technology company's stock worth $169,218,000 after buying an additional 423,249 shares during the last quarter. Northern Trust Corp raised its stake in Nutanix by 19.6% during the first quarter. Northern Trust Corp now owns 1,778,753 shares of the technology company's stock worth $124,175,000 after buying an additional 291,188 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in Nutanix by 1.7% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,467,177 shares of the technology company's stock worth $102,424,000 after buying an additional 24,372 shares during the last quarter. Institutional investors and hedge funds own 85.25% of the company's stock.

Nutanix Trading Down 0.3%

NTNX opened at $76.91 on Tuesday. Nutanix has a 1-year low of $54.66 and a 1-year high of $83.36. The company has a market cap of $20.62 billion, a P/E ratio of 120.17, a price-to-earnings-growth ratio of 7.53 and a beta of 0.59. The company has a fifty day moving average price of $72.82 and a two-hundred day moving average price of $72.47.

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, topping the consensus estimate of $0.31 by $0.06. The company had revenue of $653.27 million during the quarter, compared to the consensus estimate of $642.48 million. Nutanix had a net margin of 7.42% and a negative return on equity of 28.01%. The firm's revenue for the quarter was up 19.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.27 earnings per share. 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.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Wells Fargo & Company lowered their target price on shares of Nutanix from $85.00 to $71.00 and set an "equal weight" rating for the company in a research note on Thursday, August 28th. Citigroup raised shares of Nutanix to a "positive" rating in a research note on Tuesday, August 5th. KeyCorp assumed coverage on shares of Nutanix in a research note on Thursday, June 26th. They set an "overweight" rating and a $95.00 target price for the company. Needham & Company LLC decreased their price target on shares of Nutanix from $92.00 to $80.00 and set a "buy" rating for the company in a research note on Thursday, August 28th. Finally, The Goldman Sachs Group assumed coverage on shares of Nutanix in a research note on Tuesday, July 15th. They issued a "buy" rating and a $95.00 price target for the company. One research 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 stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $89.07.

Insider Activity 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 shares were sold at an average price of $78.34, for a total transaction 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 $19,948,262.58. The trade was a 4.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 6.80% of the stock is currently owned by insiders.

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.

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