VIRGINIA RETIREMENT SYSTEMS ET Al Takes Position in Nutanix $NTNX

Key Points

• The Virginia Retirement Systems purchased 67,200 shares of Nutanix, valued at approximately $5.1 million, during the second quarter.
• Nutanix reported quarterly earnings of $0.37 per share, surpassing analysts' estimates, with a revenue of $653.27 million, representing a year-over-year growth of 19.2%.
• Currently, 85.25% of Nutanix's stock is owned by institutional investors, indicating strong institutional interest in the company.

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Nutanix (NASDAQ:NTNX - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 67,200 shares of the technology company's stock, valued at approximately $5,137,000.

A number of other large investors have also bought and sold shares of the business. Farther Finance Advisors LLC grew its position in Nutanix by 42.6% during the 2nd quarter. Farther Finance Advisors LLC now owns 502 shares of the technology company's stock worth $38,000 after acquiring an additional 150 shares during the last quarter. Aaron Wealth Advisors LLC grew its position in Nutanix by 2.6% during the 2nd quarter. Aaron Wealth Advisors LLC now owns 6,489 shares of the technology company's stock worth $496,000 after acquiring an additional 162 shares during the last quarter. Concurrent Investment Advisors LLC grew its position in Nutanix by 4.4% during the 1st quarter. Concurrent Investment Advisors LLC now owns 4,163 shares of the technology company's stock worth $291,000 after acquiring an additional 177 shares during the last quarter. Liberty One Investment Management LLC grew its position in Nutanix by 10.9% during the 1st quarter. Liberty One Investment Management LLC now owns 3,104 shares of the technology company's stock worth $217,000 after acquiring an additional 304 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in Nutanix by 12.2% during the 2nd quarter. GAMMA Investing LLC now owns 3,105 shares of the technology company's stock worth $237,000 after acquiring an additional 337 shares during the last quarter. 85.25% of the stock is currently owned by institutional investors.

Nutanix Stock Up 0.9%

NTNX stock opened at $68.25 on Tuesday. The business's fifty day moving average is $71.94 and its 200-day moving average is $72.49. The company has a market cap of $18.35 billion, a P/E ratio of 106.64, a price-to-earnings-growth ratio of 6.51 and a beta of 0.51. Nutanix has a twelve month low of $54.66 and a twelve month high of $83.36.

Nutanix (NASDAQ:NTNX - Get Free Report) last posted its quarterly 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. The company had revenue of $653.27 million for the quarter, compared to the consensus estimate of $642.48 million. Nutanix had a negative return on equity of 28.01% and a net margin of 7.42%.The firm's quarterly revenue was up 19.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.27 EPS. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. Research analysts anticipate that Nutanix will post 0.31 earnings per share for the current fiscal year.

Insider Activity

In other news, CFO Rukmini Sivaraman sold 11,391 shares of the stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $78.34, for a total value of $892,370.94. Following the transaction, the chief financial officer owned 254,637 shares of the company's stock, valued at $19,948,262.58. This represents a 4.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Teresa Gayle Sheppard sold 3,500 shares of the stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $76.48, for a total value of $267,680.00. Following the completion of the transaction, the director directly owned 22,400 shares in the company, valued at approximately $1,713,152. This trade represents a 13.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 159,598 shares of company stock valued at $12,218,560 in the last 90 days. 6.80% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Citigroup upgraded Nutanix to a "positive" rating in a research report on Tuesday, August 5th. Barclays reduced their price objective on Nutanix from $94.00 to $82.00 and set an "overweight" rating on the stock in a report on Thursday, August 28th. Needham & Company LLC reduced their price objective on Nutanix from $92.00 to $80.00 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 set an "overweight" rating and a $95.00 price objective on the stock. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Nutanix in a report on Wednesday, October 8th. Fourteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Nutanix presently has an average rating of "Moderate Buy" and a consensus price target of $87.67.

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.

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