Nutanix $NTNX Shares Sold by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG cut its position in shares of Nutanix (NASDAQ:NTNX) by 28.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,110 shares of the technology company’s stock after selling 9,800 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Nutanix were worth $1,843,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Twin Tree Management LP acquired a new stake in Nutanix during the 1st quarter worth approximately $29,000. GW&K Investment Management LLC acquired a new stake in shares of Nutanix in the first quarter worth $30,000. SouthState Corp acquired a new stake in shares of Nutanix in the first quarter worth $32,000. Fifth Third Bancorp increased its position 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 acquiring an additional 250 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its position in shares of Nutanix by 42.6% in the second quarter. Farther Finance Advisors LLC now owns 502 shares of the technology company’s stock worth $38,000 after acquiring an additional 150 shares in the last quarter. Institutional investors and hedge funds own 85.25% of the company’s stock.

Nutanix Trading Down 0.9%

NTNX stock opened at $76.22 on Friday. The company has a market capitalization of $20.43 billion, a P/E ratio of 119.10, a PEG ratio of 7.51 and a beta of 0.51. Nutanix has a twelve month low of $54.66 and a twelve month high of $83.36. The firm has a 50 day simple moving average of $72.94 and a 200-day simple moving average of $72.58.

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

Insider Buying and Selling

In other news, CEO Rajiv Ramaswami sold 144,707 shares of the business’s 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 directly owned 524,608 shares in the company, valued at approximately $40,090,543.36. The trade was a 21.62% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Teresa Gayle Sheppard sold 3,500 shares of the business’s 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 owned 22,400 shares of the company’s stock, valued at $1,713,152. This trade represents a 13.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 159,598 shares of company stock worth $12,218,560. Corporate insiders own 6.80% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on NTNX. Barclays lowered their price target on Nutanix from $94.00 to $82.00 and set an “overweight” rating for the company 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 for the company in a research note on Thursday, August 28th. The Goldman Sachs Group began coverage on Nutanix in a research note on Tuesday, July 15th. They issued a “buy” rating and a $95.00 target price for the company. Wall Street Zen downgraded shares of Nutanix from a “strong-buy” rating to a “buy” rating in a research report on Monday, June 30th. Finally, Wells Fargo & Company lowered their price objective on shares of Nutanix from $85.00 to $71.00 and set an “equal weight” rating for the company in a research report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $89.07.

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.