Teresa Gayle Sheppard Sells 3,500 Shares of Nutanix (NASDAQ:NTNX) Stock

Key Points

• Teresa Gayle Sheppard, a director at Nutanix, sold 3,500 shares of the company's stock at an average price of $76.48, decreasing her total holdings to 22,400 shares.
• Nutanix reported a 19.2% year-over-year revenue increase, generating $653.27 million in revenue and exceeding analyst expectations in its last earnings report.
• Several analysts have recently downgraded their price targets for Nutanix, with the average target now at $89.07, reflecting ongoing adjustments in market sentiment towards the company.

Nutanix (NASDAQ:NTNX - Get Free Report) Director Teresa Gayle Sheppard sold 3,500 shares of the firm's stock in a transaction that occurred 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 owned 22,400 shares in the company, valued at $1,713,152. This represents a 13.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Nutanix Stock Performance

NASDAQ:NTNX traded up $1.39 during trading hours on Thursday, reaching $76.92. The stock had a trading volume of 3,126,241 shares, compared to its average volume of 5,625,035. Nutanix has a 12-month low of $54.66 and a 12-month high of $83.36. The stock has a 50 day simple moving average of $72.91 and a 200 day simple moving average of $72.54. The stock has a market cap of $20.62 billion, a P/E ratio of 120.19, a price-to-earnings-growth ratio of 7.37 and a beta of 0.51.

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

Analyst Upgrades and Downgrades

NTNX has been the topic of several research analyst reports. Barclays lowered their price target 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 dropped their price target on Nutanix from $92.00 to $80.00 and set a "buy" rating for the company in a research report on Thursday, August 28th. JPMorgan Chase & Co. reduced their price objective on shares of Nutanix from $90.00 to $81.00 and set an "overweight" rating for the company in a research note on Thursday, August 28th. Wells Fargo & Company dropped their price objective on shares of Nutanix from $85.00 to $71.00 and set an "equal weight" rating on the stock in a report on Thursday, August 28th. Finally, KeyCorp assumed coverage on Nutanix in a research note on Thursday, June 26th. They issued an "overweight" rating and a $95.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Nutanix presently has an average rating of "Moderate Buy" and a consensus price target of $89.07.

Hedge Funds Weigh In On Nutanix

A number of institutional investors have recently modified their holdings of the company. Corient Private Wealth LLC boosted its stake in Nutanix by 11.6% during the 2nd quarter. Corient Private Wealth LLC now owns 13,252 shares of the technology company's stock valued at $1,013,000 after acquiring an additional 1,373 shares during the last quarter. American Trust bought a new stake in Nutanix in the 2nd quarter valued at about $426,000. Thrivent Financial for Lutherans bought a new stake in Nutanix in the 2nd quarter valued at about $608,000. Neuberger Berman Group LLC lifted its position in Nutanix by 32.9% in the 2nd quarter. Neuberger Berman Group LLC now owns 322,511 shares of the technology company's stock valued at $24,653,000 after purchasing an additional 79,795 shares during the last quarter. Finally, Advisory Services Network LLC increased its stake in Nutanix by 62.2% during the 2nd quarter. Advisory Services Network LLC now owns 9,219 shares of the technology company's stock valued at $693,000 after buying an additional 3,535 shares during the period. Institutional investors and hedge funds own 85.25% of the company's stock.

About Nutanix

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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