Nutanix (NASDAQ:NTNX) Earns "Hold (C)" Rating from Weiss Ratings

Key Points

• Weiss Ratings has reaffirmed a "Hold (C)" rating for Nutanix (NASDAQ: NTNX), while other analysts have varied target prices between $71 and $95, indicating mixed sentiments about the stock's prospects.
• Nutanix reported earnings of $0.37 per share for the last quarter, beating expectations of $0.31, with a 19.2% increase in revenue year-over-year, totaling $653.27 million.
• Insiders have been selling shares, with CFO Rukmini Sivaraman and Director Teresa Gayle Sheppard recently offloading significant amounts, raising concerns about insider sentiment regarding the stock.

Nutanix (NASDAQ:NTNX - Get Free Report)'s stock had its "hold (c)" rating reaffirmed by research analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

A number of other research analysts have also recently issued reports on the company. Wells Fargo & Company decreased their target price on Nutanix from $85.00 to $71.00 and set an "equal weight" rating on the stock in a research report on Thursday, August 28th. Citigroup upgraded Nutanix to a "positive" rating in a research report on Tuesday, August 5th. Needham & Company LLC decreased their target price on Nutanix from $92.00 to $80.00 and set a "buy" rating on the stock in a research report on Thursday, August 28th. KeyCorp initiated coverage on Nutanix in a research report on Thursday, June 26th. They issued an "overweight" rating and a $95.00 target price on the stock. Finally, Barclays decreased their target price on Nutanix from $94.00 to $82.00 and set an "overweight" rating on the stock in a research report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $89.07.

Nutanix Stock Performance

Shares of NASDAQ NTNX opened at $71.15 on Wednesday. Nutanix has a 52 week low of $54.66 and a 52 week high of $83.36. The stock's fifty day moving average is $72.71 and its 200 day moving average is $72.56. The stock has a market capitalization of $19.13 billion, a P/E ratio of 111.17, a PEG ratio of 6.73 and a beta of 0.51.

Nutanix (NASDAQ:NTNX - Get Free Report) last released its earnings results on Wednesday, August 27th. The technology company reported $0.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.31 by $0.06. Nutanix had a negative return on equity of 28.01% and a net margin of 7.42%.The firm 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 business posted $0.27 earnings per share. The business'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. Equities research analysts forecast that Nutanix will post 0.31 earnings per share for the current year.

Insider Buying and Selling

In related news, CFO Rukmini Sivaraman sold 11,391 shares of Nutanix stock in a transaction that occurred 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 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 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 that occurred on Thursday, October 2nd. The stock was 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 represents a 13.51% decrease in their ownership of the stock. 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 over the last ninety days. 6.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On Nutanix

A number of hedge funds and other institutional investors have recently made changes to their positions in NTNX. Daymark Wealth Partners LLC acquired a new position in shares of Nutanix in the first quarter worth approximately $223,000. GAMMA Investing LLC lifted its stake in Nutanix by 63.7% in the first quarter. GAMMA Investing LLC now owns 2,768 shares of the technology company's stock valued at $193,000 after buying an additional 1,077 shares during the period. SG Americas Securities LLC acquired a new position in Nutanix in the first quarter valued at approximately $6,878,000. Integrated Advisors Network LLC acquired a new position in Nutanix in the first quarter valued at approximately $466,000. Finally, Assenagon Asset Management S.A. lifted its stake in Nutanix by 69.7% in the first quarter. Assenagon Asset Management S.A. now owns 39,873 shares of the technology company's stock valued at $2,784,000 after buying an additional 16,374 shares during the period. 85.25% of the stock is owned by institutional investors and hedge funds.

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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