Nutanix (NASDAQ:NTNX) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Nutanix (NASDAQ:NTNX) has received a consensus rating of "Moderate Buy" from eighteen research firms, with fourteen analysts recommending a buy and three a hold.
• The company's recent quarterly earnings exceeded expectations, reporting an EPS of $0.37 against an estimate of $0.31 and revenue of $653.27 million, a 19.2% increase year-over-year.
• Insider selling activity was noted, with CFO and CEO divesting significant shares, indicating a 21.62% decrease in the CEO's ownership following stock sales.

Shares of Nutanix (NASDAQ:NTNX - Get Free Report) have received an average rating of "Moderate Buy" from the eighteen research firms that are currently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation, fourteen have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $87.6667.

Several equities research analysts recently commented on the stock. JPMorgan Chase & Co. cut their price target on shares of Nutanix from $90.00 to $81.00 and set an "overweight" rating for the company in a report on Thursday, August 28th. Citigroup raised shares of Nutanix to a "positive" rating in a report on Tuesday, August 5th. Wells Fargo & Company dropped their target price on shares of Nutanix from $85.00 to $71.00 and set an "equal weight" rating for the company in a report on Thursday, August 28th. KeyCorp initiated coverage on shares of Nutanix in a report on Thursday, June 26th. They set an "overweight" rating and a $95.00 target price for the company. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Nutanix in a report on Wednesday.

Nutanix Stock Performance

Shares of NASDAQ NTNX opened at $68.77 on Friday. The firm has a market cap of $18.49 billion, a PE ratio of 107.45, a PEG ratio of 6.84 and a beta of 0.51. The firm has a fifty day moving average of $72.59 and a 200 day moving average of $72.52. Nutanix has a one year low of $54.66 and a one year high of $83.36.

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

Insider Transactions at Nutanix

In other news, CFO Rukmini Sivaraman sold 11,391 shares of the company's stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $78.34, for a total transaction of $892,370.94. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Rajiv Ramaswami sold 144,707 shares of the company's stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $76.42, for a total transaction of $11,058,508.94. Following the sale, the chief executive officer directly owned 524,608 shares of the company's stock, valued at $40,090,543.36. The trade was a 21.62% decrease in their position. The disclosure for this sale can be found here. Insiders sold 159,598 shares of company stock valued at $12,218,560 over the last 90 days. 6.80% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Earned Wealth Advisors LLC boosted its position in shares of Nutanix by 3.8% during the 2nd quarter. Earned Wealth Advisors LLC now owns 3,915 shares of the technology company's stock valued at $299,000 after acquiring an additional 142 shares during the last quarter. SBI Securities Co. Ltd. boosted its position in shares of Nutanix by 6.4% during the 2nd quarter. SBI Securities Co. Ltd. now owns 2,453 shares of the technology company's stock valued at $188,000 after acquiring an additional 148 shares during the last quarter. Farther Finance Advisors LLC boosted its position 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 valued at $38,000 after acquiring an additional 150 shares during the last quarter. Simmons Bank boosted its position in shares of Nutanix by 2.1% during the 2nd quarter. Simmons Bank now owns 7,295 shares of the technology company's stock valued at $558,000 after acquiring an additional 150 shares during the last quarter. Finally, Aaron Wealth Advisors LLC boosted its position in shares of Nutanix by 2.6% during the 2nd quarter. Aaron Wealth Advisors LLC now owns 6,489 shares of the technology company's stock valued at $496,000 after acquiring an additional 162 shares during the last quarter. Institutional investors and hedge funds own 85.25% of the company's stock.

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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