DekaBank Deutsche Girozentrale Acquires New Holdings in Nutanix Inc. (NTNX)
DekaBank Deutsche Girozentrale acquired a new position in Nutanix Inc. (NASDAQ:NTNX) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 93,000 shares of the technology company’s stock, valued at approximately $2,021,000. DekaBank Deutsche Girozentrale owned about 0.06% of Nutanix as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also recently added to or reduced their stakes in NTNX. Scott & Selber Inc. acquired a new position in Nutanix during the third quarter valued at approximately $1,398,000. Ameriprise Financial Inc. grew its holdings in Nutanix by 274.9% during the second quarter. Ameriprise Financial Inc. now owns 582,673 shares of the technology company’s stock valued at $11,741,000 after purchasing an additional 427,255 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in Nutanix by 3,462.4% during the second quarter. Goldman Sachs Group Inc. now owns 734,886 shares of the technology company’s stock valued at $14,808,000 after purchasing an additional 714,257 shares during the last quarter. Geode Capital Management LLC grew its holdings in Nutanix by 12.2% during the first quarter. Geode Capital Management LLC now owns 129,489 shares of the technology company’s stock valued at $2,430,000 after purchasing an additional 14,097 shares during the last quarter. Finally, Lenox Wealth Management Inc. acquired a new position in Nutanix during the second quarter valued at approximately $397,000. Hedge funds and other institutional investors own 32.81% of the company’s stock.
Several equities analysts have commented on the company. Needham & Company LLC assumed coverage on Nutanix in a report on Wednesday. They set a “buy” rating and a $45.00 price target on the stock. Vetr downgraded Nutanix from a “strong-buy” rating to a “buy” rating and set a $31.00 price target on the stock. in a report on Tuesday, October 24th. Piper Jaffray Companies reiterated an “overweight” rating and set a $28.00 price target on shares of Nutanix in a report on Thursday, September 14th. Maxim Group reiterated a “buy” rating and set a $41.00 price target on shares of Nutanix in a report on Friday, September 1st. Finally, Jefferies Group LLC assumed coverage on Nutanix in a report on Thursday, August 17th. They set a “buy” rating and a $30.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $31.11.
Nutanix Inc. (NASDAQ:NTNX) opened at $33.18 on Thursday. Nutanix Inc. has a 12-month low of $14.38 and a 12-month high of $34.75.
Nutanix (NASDAQ:NTNX) last issued its earnings results on Thursday, August 31st. The technology company reported ($0.33) EPS for the quarter, topping the consensus estimate of ($0.38) by $0.05. The firm had revenue of $226.10 million during the quarter, compared to analysts’ expectations of $216.00 million. Nutanix had a negative return on equity of 295.56% and a negative net margin of 59.72%. The firm’s revenue for the quarter was up 61.7% on a year-over-year basis. research analysts anticipate that Nutanix Inc. will post -2.19 EPS for the current fiscal year.
In related news, President Sudheesh Nair Vadakkedath sold 50,000 shares of the firm’s stock in a transaction on Friday, September 15th. The stock was sold at an average price of $21.39, for a total value of $1,069,500.00. Following the completion of the transaction, the president now directly owns 310,519 shares of the company’s stock, valued at $6,642,001.41. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP David Sangster sold 27,000 shares of the firm’s stock in a transaction on Tuesday, September 5th. The stock was sold at an average price of $21.13, for a total value of $570,510.00. Following the completion of the transaction, the executive vice president now directly owns 103,500 shares of the company’s stock, valued at $2,186,955. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,738,869 shares of company stock valued at $48,256,598. 19.81% of the stock is owned by company insiders.
Nutanix, Inc is a United States-based company, which provides an enterprise cloud platform that converges silos of server, virtualization and storage into an integrated solution. The Company’s enterprise cloud platform connects to public cloud services. It has operations in the United States; Europe, the Middle East and Africa; Asia-Pacific, and Other Americas.
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