1,476 Shares in Nutanix $NTNX Acquired by OFI Invest Asset Management

OFI Invest Asset Management bought a new position in shares of Nutanix (NASDAQ:NTNXFree Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,476 shares of the technology company’s stock, valued at approximately $113,000.

A number of other large investors have also recently added to or reduced their stakes in NTNX. GAMMA Investing LLC boosted its holdings in Nutanix by 63.7% during the first quarter. GAMMA Investing LLC now owns 2,768 shares of the technology company’s stock worth $193,000 after buying an additional 1,077 shares in the last quarter. Assenagon Asset Management S.A. boosted its stake in Nutanix by 69.7% in the 1st quarter. Assenagon Asset Management S.A. now owns 39,873 shares of the technology company’s stock worth $2,784,000 after purchasing an additional 16,374 shares during the period. Fifth Third Bancorp boosted its stake in Nutanix by 98.4% in the 1st quarter. Fifth Third Bancorp now owns 504 shares of the technology company’s stock worth $35,000 after purchasing an additional 250 shares during the period. NorthCrest Asset Manangement LLC acquired a new position in Nutanix in the 1st quarter worth approximately $370,000. Finally, Azzad Asset Management Inc. ADV boosted its stake in Nutanix by 1.1% in the 1st quarter. Azzad Asset Management Inc. ADV now owns 35,285 shares of the technology company’s stock worth $2,463,000 after purchasing an additional 398 shares during the period. 85.25% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on NTNX shares. Wells Fargo & Company decreased their price objective on shares of Nutanix from $85.00 to $71.00 and set an “equal weight” rating for the company in a research note on Thursday, August 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nutanix in a research note on Wednesday, October 8th. Bank of America decreased their price objective 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. Barclays decreased their price objective on shares of Nutanix from $94.00 to $82.00 and set an “overweight” rating for the company in a research note on Thursday, August 28th. Finally, Northland Securities set a $76.00 price objective on shares of Nutanix in a research note on Thursday. Fourteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Nutanix currently has an average rating of “Moderate Buy” and a consensus target price of $87.67.

View Our Latest Research Report on Nutanix

Nutanix Stock Down 0.6%

NTNX stock opened at $68.34 on Monday. Nutanix has a 12-month low of $54.66 and a 12-month high of $83.36. The company has a market cap of $18.37 billion, a price-to-earnings ratio of 106.78, a PEG ratio of 6.57 and a beta of 0.51. The company has a 50 day moving average of $72.51 and a two-hundred day moving average of $72.47.

Nutanix (NASDAQ:NTNXGet Free Report) last released its earnings results on Wednesday, August 27th. The technology company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.06. Nutanix had a net margin of 7.42% and a negative return on equity of 28.01%. The company had revenue of $653.27 million during the quarter, compared to the consensus estimate of $642.48 million. During the same quarter in the prior year, the firm earned $0.27 EPS. The company’s revenue 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, research analysts anticipate that Nutanix will post 0.31 EPS for the current year.

Insider Activity

In other news, Director Teresa Gayle Sheppard sold 3,500 shares of the firm’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $76.48, for a total transaction of $267,680.00. Following the transaction, the director owned 22,400 shares in the company, valued at approximately $1,713,152. This trade represents a 13.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Rukmini Sivaraman sold 11,391 shares of the firm’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 transaction, the chief financial officer owned 254,637 shares in the company, valued at $19,948,262.58. This represents a 4.28% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 159,598 shares of company stock worth $12,218,560. 6.80% of the stock is owned by corporate insiders.

About Nutanix

(Free Report)

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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Institutional Ownership by Quarter for Nutanix (NASDAQ:NTNX)

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