IFP Advisors Inc Acquires 1,593 Shares of Nutanix $NTNX

IFP Advisors Inc boosted its holdings in shares of Nutanix (NASDAQ:NTNX) by 2.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 59,553 shares of the technology company’s stock after purchasing an additional 1,593 shares during the quarter. IFP Advisors Inc’s holdings in Nutanix were worth $4,552,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Callan Family Office LLC bought a new stake in Nutanix during the 2nd quarter valued at approximately $330,000. Allegiance Financial Group Advisory Services LLC boosted its holdings in shares of Nutanix by 22.1% in the 2nd quarter. Allegiance Financial Group Advisory Services LLC now owns 4,690 shares of the technology company’s stock worth $359,000 after purchasing an additional 849 shares during the period. Vontobel Holding Ltd. boosted its holdings in Nutanix by 15.3% during the 2nd quarter. Vontobel Holding Ltd. now owns 34,165 shares of the technology company’s stock valued at $2,612,000 after acquiring an additional 4,537 shares during the period. Maryland State Retirement & Pension System boosted its holdings in Nutanix by 6.0% during the 2nd quarter. Maryland State Retirement & Pension System now owns 12,398 shares of the technology company’s stock valued at $948,000 after acquiring an additional 702 shares during the period. Finally, Optas LLC boosted its holdings in Nutanix by 13.9% during the 2nd quarter. Optas LLC now owns 3,443 shares of the technology company’s stock valued at $263,000 after acquiring an additional 421 shares during the period. Institutional investors own 85.25% of the company’s stock.

Insider Buying and Selling at Nutanix

In related news, CEO Rajiv Ramaswami sold 144,707 shares of the stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $76.42, for a total value of $11,058,508.94. Following the completion of the sale, the chief executive officer owned 524,608 shares of the company’s stock, valued at approximately $40,090,543.36. This trade represents a 21.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Teresa Gayle Sheppard sold 3,500 shares of the 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 sale, the director directly owned 22,400 shares of the company’s stock, valued at approximately $1,713,152. This represents a 13.51% 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 quarter. 6.80% of the stock is currently owned by insiders.

Nutanix Price Performance

Shares of Nutanix stock opened at $68.34 on Friday. The business has a 50 day simple moving average of $72.51 and a two-hundred day simple moving average of $72.48. Nutanix has a 12 month low of $54.66 and a 12 month high of $83.36. The stock has a market capitalization of $18.37 billion, a P/E ratio of 106.78, a PEG ratio of 6.62 and a beta of 0.51.

Nutanix (NASDAQ:NTNX) last announced its earnings results on Wednesday, August 27th. The technology company reported $0.37 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 business had revenue of $653.27 million during the quarter, compared to analysts’ expectations of $642.48 million. During the same quarter in the prior year, the firm earned $0.27 earnings per share. The business’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. As a group, research analysts anticipate that Nutanix will post 0.31 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have weighed in on NTNX. Needham & Company LLC lowered their target price on Nutanix from $92.00 to $80.00 and set a “buy” rating for the company in a report on Thursday, August 28th. The Goldman Sachs Group began coverage on shares of Nutanix in a report on Tuesday, July 15th. They set a “buy” rating and a $95.00 price objective on the stock. JPMorgan Chase & Co. cut their price objective on Nutanix from $90.00 to $81.00 and set an “overweight” rating on the stock in a report on Thursday, August 28th. Bank of America lowered their target price on Nutanix from $95.00 to $93.00 and set a “buy” rating on the stock in a research note on Thursday, August 28th. Finally, Northland Capmk downgraded Nutanix from a “strong-buy” rating to a “hold” rating in a research note on Thursday. Fourteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Nutanix presently has a consensus rating of “Moderate Buy” and a consensus price target of $87.67.

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.