Wealth Enhancement Advisory Services LLC Has $4.97 Million Holdings in Nutanix $NTNX

Key Points

• Wealth Enhancement Advisory Services LLC increased its holdings in Nutanix by 30.6%, now owning 64,648 shares worth approximately $4.97 million.
• Nutanix reported earnings of $0.37 per share for the last quarter, surpassing analysts' expectations and showcasing a 19.2% year-over-year revenue growth.
• Institutional investors own 85.25% of Nutanix's stock, with significant recent activity from several large investment firms, including AQR Capital Management and Jericho Capital Asset Management.

Wealth Enhancement Advisory Services LLC raised its holdings in shares of Nutanix (NASDAQ:NTNX - Free Report) by 30.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 64,648 shares of the technology company's stock after buying an additional 15,133 shares during the quarter. Wealth Enhancement Advisory Services LLC's holdings in Nutanix were worth $4,965,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of NTNX. AQR Capital Management LLC lifted its holdings in shares of 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. 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 buying an additional 1,308,357 shares during the last quarter. Nuveen LLC acquired a new position in shares of Nutanix during the first quarter worth approximately $86,949,000. Perpetual Ltd lifted its holdings in shares of Nutanix by 10,205.2% during the first quarter. Perpetual Ltd now owns 875,946 shares of the technology company's stock worth $61,150,000 after buying an additional 867,446 shares during the last quarter. Finally, Annex Advisory Services LLC acquired a new position in shares of Nutanix during the first quarter worth approximately $37,294,000. 85.25% of the stock is currently owned by institutional investors and hedge funds.

Nutanix Price Performance

Nutanix stock opened at $74.76 on Thursday. The stock has a fifty day moving average price of $72.72 and a two-hundred day moving average price of $72.19. Nutanix has a 52-week low of $54.66 and a 52-week high of $83.36. The firm has a market capitalization of $20.04 billion, a P/E ratio of 116.81, a P/E/G ratio of 7.32 and a beta of 0.59.

Nutanix (NASDAQ:NTNX - Get Free Report) last released its quarterly earnings data on Wednesday, August 27th. The technology company reported $0.37 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analyst estimates of $642.48 million. During the same period in the prior year, the company posted $0.27 earnings per share. The business's revenue for the quarter 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. On average, equities research analysts predict that Nutanix will post 0.31 EPS for the current fiscal year.

Insider Transactions at Nutanix

In other Nutanix 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 transaction of $892,370.94. Following the completion of the transaction, the chief financial officer directly owned 254,637 shares in the company, valued at $19,948,262.58. This represents a 4.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 6.80% of the stock is owned by corporate insiders.

Analyst Ratings Changes

NTNX has been the subject of a number of recent research reports. Wells Fargo & Company cut their target price on Nutanix from $85.00 to $71.00 and set an "equal weight" rating for the company in a research note on Thursday, August 28th. Needham & Company LLC cut their target price on Nutanix from $92.00 to $80.00 and set a "buy" rating for the company in a research note on Thursday, August 28th. Susquehanna upped their target price on Nutanix from $90.00 to $95.00 and gave the company a "positive" rating in a research note on Thursday, May 29th. The Goldman Sachs Group initiated coverage on Nutanix in a research note on Tuesday, July 15th. They issued a "buy" rating and a $95.00 target price for the company. Finally, Bank of America cut their target price on Nutanix from $95.00 to $93.00 and set a "buy" rating for the company in a research note on Thursday, August 28th. One 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. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $89.07.

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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