Katamaran Capital LLP Buys 6,768 Shares of Nutanix $NTNX

Katamaran Capital LLP boosted its stake in Nutanix (NASDAQ:NTNX) by 29.1% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 30,038 shares of the technology company’s stock after purchasing an additional 6,768 shares during the quarter. Nutanix makes up 2.1% of Katamaran Capital LLP’s portfolio, making the stock its 19th biggest holding. Katamaran Capital LLP’s holdings in Nutanix were worth $2,296,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. IFP Advisors Inc boosted its holdings in Nutanix by 2.7% in the second quarter. IFP Advisors Inc now owns 59,553 shares of the technology company’s stock valued at $4,552,000 after acquiring an additional 1,593 shares in the last quarter. Callan Family Office LLC bought a new stake in Nutanix in the second quarter valued at $330,000. Allegiance Financial Group Advisory Services LLC lifted its position in Nutanix by 22.1% during the second quarter. Allegiance Financial Group Advisory Services LLC now owns 4,690 shares of the technology company’s stock valued at $359,000 after buying an additional 849 shares during the period. Vontobel Holding Ltd. lifted its position in Nutanix by 15.3% during the second quarter. Vontobel Holding Ltd. now owns 34,165 shares of the technology company’s stock valued at $2,612,000 after buying an additional 4,537 shares during the period. Finally, Maryland State Retirement & Pension System lifted its position in Nutanix by 6.0% during the second quarter. Maryland State Retirement & Pension System now owns 12,398 shares of the technology company’s stock valued at $948,000 after buying an additional 702 shares during the period. Institutional investors own 85.25% of the company’s stock.

Insiders Place Their Bets

In other Nutanix news, Director Teresa Gayle Sheppard sold 3,500 shares of the business’s stock in a transaction dated Thursday, October 2nd. The stock was 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 of the company’s stock, valued at approximately $1,713,152. The trade was a 13.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Rajiv Ramaswami sold 144,707 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer directly 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 position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 159,598 shares of company stock valued at $12,218,560. 6.80% of the stock is owned by insiders.

Nutanix Price Performance

NTNX opened at $68.77 on Friday. The stock has a 50-day moving average price of $72.59 and a 200-day moving average price of $72.52. The firm has a market cap of $18.49 billion, a PE ratio of 107.45, a P/E/G ratio of 6.84 and a beta of 0.51. Nutanix has a 1 year low of $54.66 and a 1 year high of $83.36.

Nutanix (NASDAQ:NTNX) last posted its quarterly earnings results on Wednesday, August 27th. The technology company reported $0.37 earnings per share (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 firm had revenue of $653.27 million during the quarter, compared to analyst estimates of $642.48 million. During the same quarter in the previous year, the firm earned $0.27 EPS. Nutanix’s quarterly 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, sell-side analysts anticipate that Nutanix will post 0.31 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have commented on NTNX shares. Bank of America lowered their price objective on Nutanix from $95.00 to $93.00 and set a “buy” rating for the company in a research report on Thursday, August 28th. Wall Street Zen lowered Nutanix from a “strong-buy” rating to a “buy” rating in a research report on Monday, June 30th. The Goldman Sachs Group started coverage on Nutanix in a research report on Tuesday, July 15th. They set a “buy” rating and a $95.00 price objective for the company. JPMorgan Chase & Co. lowered their price objective on Nutanix from $90.00 to $81.00 and set an “overweight” rating for the company in a research report on Thursday, August 28th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Nutanix in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $87.67.

Nutanix Profile

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.