Vontobel Holding Ltd. Buys 4,537 Shares of Nutanix $NTNX

Key Points

• Vontobel Holding Ltd. increased its stake in Nutanix by 15.3%, acquiring an additional 4,537 shares in the second quarter, resulting in a total ownership of 34,165 shares valued at $2.61 million.
• Nutanix reported $0.37 earnings per share (EPS) for the quarter, exceeding analysts' expectations, with revenue of $653.27 million representing a 19.2% increase year-over-year.
• CEO Rajiv Ramaswami sold 144,707 shares of Nutanix at approximately $76.42 per share, reducing his stake by 21.62% to 524,608 shares.

Vontobel Holding Ltd. grew its stake in Nutanix (NASDAQ:NTNX - Free Report) by 15.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,165 shares of the technology company's stock after acquiring an additional 4,537 shares during the period. Vontobel Holding Ltd.'s holdings in Nutanix were worth $2,612,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Farther Finance Advisors LLC raised its stake in shares of 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 purchasing an additional 150 shares in the last quarter. Aaron Wealth Advisors LLC increased its holdings in Nutanix by 2.6% during the second quarter. Aaron Wealth Advisors LLC now owns 6,489 shares of the technology company's stock worth $496,000 after buying an additional 162 shares during the last quarter. Concurrent Investment Advisors LLC increased its holdings in Nutanix by 4.4% during the first quarter. Concurrent Investment Advisors LLC now owns 4,163 shares of the technology company's stock worth $291,000 after buying an additional 177 shares during the last quarter. Exchange Traded Concepts LLC increased its holdings in Nutanix by 0.6% during the first quarter. Exchange Traded Concepts LLC now owns 38,695 shares of the technology company's stock worth $2,701,000 after buying an additional 218 shares during the last quarter. Finally, Fifth Third Bancorp increased its holdings in Nutanix by 98.4% during the first quarter. Fifth Third Bancorp now owns 504 shares of the technology company's stock worth $35,000 after buying an additional 250 shares during the last quarter. 85.25% of the stock is owned by institutional investors and hedge funds.

Nutanix Trading Down 0.6%

Nutanix stock opened at $68.34 on Friday. Nutanix has a 12 month low of $54.66 and a 12 month high of $83.36. The stock's 50 day moving average is $72.51 and its 200-day moving average is $72.47. The company has a market capitalization of $18.37 billion, a price-to-earnings ratio of 106.78, a PEG ratio of 6.57 and a beta of 0.51.

Nutanix (NASDAQ:NTNX - Get Free Report) last released its quarterly earnings results on Wednesday, August 27th. The technology company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.06. The business had revenue of $653.27 million during 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 period in the previous year, the company posted $0.27 EPS. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, equities research analysts predict that Nutanix will post 0.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on NTNX. Needham & Company LLC decreased their price objective on shares of Nutanix from $92.00 to $80.00 and set a "buy" rating for the company in a research report on Thursday, August 28th. Bank of America cut their target price on shares of Nutanix from $95.00 to $93.00 and set a "buy" rating for the company in a research note on Thursday, August 28th. Northland Capmk lowered Nutanix from a "strong-buy" rating to a "hold" rating in a research note on Thursday. KeyCorp started coverage on Nutanix in a research note on Thursday, June 26th. They issued an "overweight" rating and a $95.00 price objective on the stock. Finally, Northland Securities set a $76.00 target price on Nutanix in a report on Thursday. Fourteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $87.67.

Insider Buying and Selling

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

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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