Nutanix (NASDAQ:NTNX) Lowered to “Hold” Rating by Northland Capmk

Nutanix (NASDAQ:NTNX) was downgraded by stock analysts at Northland Capmk from a “strong-buy” rating to a “hold” rating in a report issued on Thursday,Zacks.com reports. Northland Capmk also issued estimates for Nutanix’s FY2027 earnings at $1.13 EPS.

Other analysts have also issued research reports about the company. Citigroup upgraded Nutanix to a “positive” rating in a research note on Tuesday, August 5th. JPMorgan Chase & Co. lowered their target price on Nutanix from $90.00 to $81.00 and set an “overweight” rating on the stock in a research note on Thursday, August 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Nutanix in a research note on Wednesday. KeyCorp initiated coverage on Nutanix in a research note on Thursday, June 26th. They set an “overweight” rating and a $95.00 target price on the stock. Finally, Wall Street Zen lowered Nutanix from a “strong-buy” rating to a “buy” rating in a research note on Monday, June 30th. Fourteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $87.67.

Nutanix Stock Down 3.3%

NASDAQ:NTNX opened at $68.77 on Thursday. The stock’s 50 day moving average price is $72.59 and its two-hundred day moving average price is $72.52. The firm has a market capitalization of $18.49 billion, a price-to-earnings ratio of 107.45, a P/E/G ratio of 6.84 and a beta of 0.51. Nutanix has a 12-month low of $54.66 and a 12-month high of $83.36.

Nutanix (NASDAQ:NTNX) last released its quarterly earnings data on Wednesday, August 27th. The technology company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.06. The firm had revenue of $653.27 million for the quarter, compared to analyst estimates of $642.48 million. Nutanix had a negative return on equity of 28.01% and a net margin of 7.42%.The business’s revenue for the quarter was up 19.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.27 earnings per share. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. Equities research analysts expect that Nutanix will post 0.31 EPS for the current year.

Insider Buying and Selling

In other Nutanix news, Director Teresa Gayle Sheppard sold 3,500 shares of the firm’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $76.48, for a total value of $267,680.00. Following the sale, the director owned 22,400 shares of the company’s stock, valued at approximately $1,713,152. This trade represents a 13.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Rajiv Ramaswami sold 144,707 shares of the stock in a transaction on Thursday, October 2nd. The shares were 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 owned 524,608 shares of the company’s stock, valued at $40,090,543.36. The trade was a 21.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 159,598 shares of company stock valued at $12,218,560 over the last 90 days. 6.80% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Swedbank AB bought a new position in Nutanix during the 1st quarter worth $1,642,000. Silverberg Bernstein Capital Management LLC lifted its stake in shares of Nutanix by 61.6% in the 2nd quarter. Silverberg Bernstein Capital Management LLC now owns 37,893 shares of the technology company’s stock valued at $2,897,000 after purchasing an additional 14,438 shares during the period. OMNI 360 Wealth Inc. acquired a new position in shares of Nutanix in the 2nd quarter valued at about $265,000. Inspire Investing LLC lifted its stake in shares of Nutanix by 43.1% in the 1st quarter. Inspire Investing LLC now owns 41,472 shares of the technology company’s stock valued at $2,895,000 after purchasing an additional 12,489 shares during the period. Finally, Assenagon Asset Management S.A. lifted its stake in shares of Nutanix by 69.7% in the 1st quarter. Assenagon Asset Management S.A. now owns 39,873 shares of the technology company’s stock valued at $2,784,000 after purchasing an additional 16,374 shares during the period. 85.25% of the stock is owned by institutional investors.

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.