Livforsakringsbolaget Skandia Omsesidigt Acquires 2,097 Shares of Nutanix $NTNX

Livforsakringsbolaget Skandia Omsesidigt lifted its holdings in Nutanix (NASDAQ:NTNX) by 116.5% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 3,897 shares of the technology company’s stock after acquiring an additional 2,097 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Nutanix were worth $298,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Twin Tree Management LP bought a new stake in shares of Nutanix in the 1st quarter worth approximately $29,000. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Nutanix by 78.0% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 436 shares of the technology company’s stock worth $30,000 after acquiring an additional 191 shares during the last quarter. GW&K Investment Management LLC bought a new stake in shares of Nutanix in the 1st quarter worth approximately $30,000. SouthState Corp purchased a new position in shares of Nutanix in the first quarter worth $32,000. Finally, Fifth Third Bancorp increased its stake in shares of Nutanix by 98.4% in the first quarter. Fifth Third Bancorp now owns 504 shares of the technology company’s stock worth $35,000 after buying an additional 250 shares during the period. 85.25% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Rajiv Ramaswami sold 1,925 shares of Nutanix stock in a transaction that occurred on Thursday, June 26th. The shares were sold at an average price of $75.00, for a total transaction of $144,375.00. Following the sale, the chief executive officer owned 518,561 shares in the company, valued at $38,892,075. This trade represents a 0.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 6.80% of the stock is currently owned by insiders.

Nutanix Trading Down 0.7%

NTNX opened at $77.70 on Wednesday. The company has a market cap of $20.83 billion, a price-to-earnings ratio of 121.41, a PEG ratio of 7.52 and a beta of 0.59. The company’s 50 day moving average is $72.40 and its 200 day moving average is $72.09. Nutanix has a 12-month low of $54.66 and a 12-month high of $83.36.

Nutanix (NASDAQ:NTNX) last posted its quarterly earnings data 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 27.63%. The company had revenue of $653.27 million for the quarter, compared to the consensus estimate of $642.48 million. During the same quarter last year, the firm posted $0.27 earnings per share. The firm’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, analysts predict that Nutanix will post 0.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently commented on NTNX. Raymond James Financial downgraded shares of Nutanix from an “outperform” rating to a “market perform” rating in a research note on Tuesday, May 20th. The Goldman Sachs Group began coverage on shares of Nutanix in a research note on Tuesday, July 15th. They issued a “buy” rating and a $95.00 target price on the stock. Wall Street Zen downgraded shares of Nutanix from a “strong-buy” rating to a “buy” rating in a research note on Monday, June 30th. JPMorgan Chase & Co. decreased their price objective on shares of Nutanix from $90.00 to $81.00 and set an “overweight” rating for the company in a report on Thursday, August 28th. Finally, 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 report on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $89.07.

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.