Janus Henderson Group PLC lifted its holdings in shares of Nutanix Inc (NASDAQ:NTNX) by 174.7% during the first quarter, HoldingsChannel.com reports. The firm owned 24,898 shares of the technology company’s stock after acquiring an additional 15,834 shares during the quarter. Janus Henderson Group PLC’s holdings in Nutanix were worth $940,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the company. FMR LLC lifted its holdings in shares of Nutanix by 13.0% during the fourth quarter. FMR LLC now owns 19,000,669 shares of the technology company’s stock worth $790,238,000 after purchasing an additional 2,179,982 shares during the period. Vanguard Group Inc lifted its holdings in shares of Nutanix by 3.7% during the third quarter. Vanguard Group Inc now owns 10,774,780 shares of the technology company’s stock worth $460,298,000 after purchasing an additional 387,316 shares during the period. BlackRock Inc. lifted its holdings in shares of Nutanix by 26.0% during the fourth quarter. BlackRock Inc. now owns 4,967,842 shares of the technology company’s stock worth $206,611,000 after purchasing an additional 1,024,789 shares during the period. Frontier Capital Management Co. LLC lifted its holdings in shares of Nutanix by 136.2% during the fourth quarter. Frontier Capital Management Co. LLC now owns 2,587,285 shares of the technology company’s stock worth $107,605,000 after purchasing an additional 1,491,988 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Nutanix by 0.6% during the third quarter. JPMorgan Chase & Co. now owns 2,482,788 shares of the technology company’s stock worth $106,065,000 after purchasing an additional 15,922 shares during the period. Institutional investors own 52.85% of the company’s stock.

In other Nutanix news, COO David Sangster sold 7,917 shares of Nutanix stock in a transaction on Monday, March 11th. The shares were sold at an average price of $35.99, for a total value of $284,932.83. Following the completion of the sale, the chief operating officer now directly owns 7,917 shares of the company’s stock, valued at $284,932.83. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Tyler Wall sold 12,132 shares of Nutanix stock in a transaction on Monday, March 25th. The shares were sold at an average price of $41.23, for a total transaction of $500,202.36. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 35,049 shares of company stock valued at $1,385,135. Insiders own 14.57% of the company’s stock.

Shares of NASDAQ NTNX opened at $38.62 on Wednesday. Nutanix Inc has a twelve month low of $32.52 and a twelve month high of $64.87. The firm has a market cap of $7.10 billion, a P/E ratio of -22.85 and a beta of 1.07. The company has a quick ratio of 2.55, a current ratio of 2.55 and a debt-to-equity ratio of 1.15.

Nutanix (NASDAQ:NTNX) last announced its earnings results on Thursday, February 28th. The technology company reported ($0.55) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.57) by $0.02. Nutanix had a negative net margin of 31.41% and a negative return on equity of 90.83%. The business had revenue of $335.36 million during the quarter, compared to the consensus estimate of $331.04 million. On average, research analysts predict that Nutanix Inc will post -2.95 EPS for the current fiscal year.

A number of brokerages have recently commented on NTNX. Needham & Company LLC reiterated a “buy” rating and set a $63.00 price target (down previously from $76.00) on shares of Nutanix in a report on Friday, March 1st. Maxim Group lowered their target price on shares of Nutanix from $72.00 to $62.00 and set a “buy” rating for the company in a research note on Friday, March 1st. Wells Fargo & Co downgraded shares of Nutanix from an “outperform” rating to a “market perform” rating and lowered their target price for the stock from $70.00 to $45.00 in a research note on Friday, March 1st. Stifel Nicolaus downgraded shares of Nutanix from a “buy” rating to a “hold” rating and lowered their target price for the stock from $55.00 to $39.00 in a research note on Friday, March 1st. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Nutanix in a research note on Friday, March 1st. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and fourteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $53.31.

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Nutanix Profile

Nutanix, Inc, together with its subsidiaries, develops and provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa. Its solution addresses a range of workloads, including enterprise applications, databases, virtual desktop infrastructure, unified communications, and big data analytics.

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Institutional Ownership by Quarter for Nutanix (NASDAQ:NTNX)

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