Robeco Institutional Asset Management B.V. Boosts Stock Holdings in Nutanix $NTNX

Key Points

• Robeco Institutional Asset Management B.V. significantly increased its stake in Nutanix, raising its holdings by 100.1% during the second quarter, now owning 556,566 shares valued at approximately $42.5 million.
• Nutanix reported better-than-expected earnings for the last quarter, with earnings per share of $0.37, exceeding analysts' estimates by $0.06, alongside a 19.2% increase in revenue year-over-year.
• Shares of Nutanix are currently trading at around $76.22, with analysts giving an average rating of "Moderate Buy" and a price target of $89.07.

Robeco Institutional Asset Management B.V. increased its position in Nutanix (NASDAQ:NTNX - Free Report) by 100.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 556,566 shares of the technology company's stock after acquiring an additional 278,481 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.21% of Nutanix worth $42,544,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in NTNX. Truist Financial Corp bought a new stake in shares of Nutanix in the 2nd quarter worth $232,000. Poinciana Advisors Group LLC purchased a new stake in shares of Nutanix during the second quarter valued at $333,000. Janney Montgomery Scott LLC increased its holdings in Nutanix by 3.1% in the 2nd quarter. Janney Montgomery Scott LLC now owns 40,450 shares of the technology company's stock worth $3,092,000 after buying an additional 1,201 shares in the last quarter. V Square Quantitative Management LLC purchased a new position in Nutanix in the 2nd quarter worth about $45,000. Finally, GraniteShares Advisors LLC purchased a new position in Nutanix in the 2nd quarter worth about $482,000. 85.25% of the stock is owned by institutional investors.

Nutanix Price Performance

Shares of NASDAQ NTNX opened at $76.22 on Friday. The stock has a market cap of $20.43 billion, a PE ratio of 119.10, a price-to-earnings-growth ratio of 7.51 and a beta of 0.51. Nutanix has a 1 year low of $54.66 and a 1 year high of $83.36. The firm has a fifty day moving average price of $72.94 and a 200-day moving average price of $72.58.

Nutanix (NASDAQ:NTNX - Get Free Report) last released its earnings results on Wednesday, August 27th. The technology company reported $0.37 earnings per share for the quarter, beating analysts' consensus estimates of $0.31 by $0.06. Nutanix had a net margin of 7.42% and a negative return on equity of 28.01%. The company had revenue of $653.27 million for the quarter, compared to analysts' expectations of $642.48 million. During the same quarter in the previous year, the company earned $0.27 EPS. Nutanix's revenue for the quarter was up 19.2% on a year-over-year basis. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. On average, research analysts expect that Nutanix will post 0.31 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on NTNX. Barclays dropped their price target on shares of Nutanix from $94.00 to $82.00 and set an "overweight" rating on the stock in a report on Thursday, August 28th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Nutanix in a research report on Saturday, September 27th. Citigroup upgraded shares of Nutanix to a "positive" rating in a research note on Tuesday, August 5th. KeyCorp assumed coverage on Nutanix in a research note on Thursday, June 26th. They issued an "overweight" rating and a $95.00 price target on the stock. Finally, JPMorgan Chase & Co. cut their price objective on Nutanix from $90.00 to $81.00 and set an "overweight" rating for the company in a report on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $89.07.

Insider Buying and Selling

In related news, Director Teresa Gayle Sheppard sold 3,500 shares of Nutanix stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $76.48, for a total transaction of $267,680.00. Following the sale, the director owned 22,400 shares of the company's stock, valued at approximately $1,713,152. This trade represents a 13.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Rajiv Ramaswami sold 144,707 shares of the company's stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $76.42, for a total value of $11,058,508.94. Following the completion of the transaction, the chief executive officer owned 524,608 shares of the company's stock, valued at $40,090,543.36. The trade was a 21.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 159,598 shares of company stock worth $12,218,560. 6.80% of the stock is owned by corporate insiders.

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.

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