TFO Wealth Partners LLC Has $148,000 Stake in Nutanix, Inc. (NASDAQ:NTNX)

TFO Wealth Partners LLC boosted its position in Nutanix, Inc. (NASDAQ:NTNXFree Report) by 61,800.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,095 shares of the technology company’s stock after buying an additional 3,090 shares during the period. TFO Wealth Partners LLC’s holdings in Nutanix were worth $148,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of NTNX. Norges Bank acquired a new position in shares of Nutanix during the fourth quarter valued at about $137,465,000. Jericho Capital Asset Management L.P. acquired a new position in shares of Nutanix during the third quarter valued at about $82,421,000. FMR LLC raised its holdings in shares of Nutanix by 1.6% during the third quarter. FMR LLC now owns 35,942,093 shares of the technology company’s stock valued at $1,253,660,000 after purchasing an additional 578,189 shares during the period. Federated Hermes Inc. raised its holdings in shares of Nutanix by 61.4% during the fourth quarter. Federated Hermes Inc. now owns 1,295,112 shares of the technology company’s stock valued at $61,764,000 after purchasing an additional 492,463 shares during the period. Finally, Handelsbanken Fonder AB increased its position in shares of Nutanix by 1,019.7% during the fourth quarter. Handelsbanken Fonder AB now owns 442,300 shares of the technology company’s stock worth $21,093,000 after acquiring an additional 402,800 shares in the last quarter. Institutional investors and hedge funds own 85.25% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on NTNX. Royal Bank of Canada boosted their target price on shares of Nutanix from $72.00 to $80.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 29th. Bank of America boosted their target price on shares of Nutanix from $55.00 to $65.00 and gave the stock a “buy” rating in a research report on Thursday, February 29th. Barclays decreased their target price on shares of Nutanix from $81.00 to $80.00 and set an “overweight” rating for the company in a research report on Thursday, May 30th. Northland Capmk downgraded shares of Nutanix from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 30th. Finally, KeyCorp upped their price objective on shares of Nutanix from $69.00 to $79.00 and gave the stock an “overweight” rating in a research report on Thursday, May 30th. Four research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $72.77.

Get Our Latest Report on Nutanix

Insider Transactions at Nutanix

In other news, CFO Rukmini Sivaraman sold 53,029 shares of the firm’s stock in a transaction on Wednesday, April 10th. The stock was sold at an average price of $64.77, for a total value of $3,434,688.33. Following the completion of the transaction, the chief financial officer now directly owns 144,635 shares of the company’s stock, valued at $9,368,008.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, insider Tyler Wall sold 15,000 shares of the firm’s stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $62.25, for a total value of $933,750.00. Following the completion of the transaction, the insider now directly owns 13,168 shares of the company’s stock, valued at $819,708. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Rukmini Sivaraman sold 53,029 shares of Nutanix stock in a transaction on Wednesday, April 10th. The shares were sold at an average price of $64.77, for a total value of $3,434,688.33. Following the sale, the chief financial officer now directly owns 144,635 shares of the company’s stock, valued at approximately $9,368,008.95. The disclosure for this sale can be found here. Insiders sold 104,506 shares of company stock valued at $6,668,188 over the last three months. Company insiders own 0.46% of the company’s stock.

Nutanix Stock Up 1.8 %

NTNX opened at $53.99 on Wednesday. Nutanix, Inc. has a 12 month low of $26.47 and a 12 month high of $73.69. The company has a 50 day moving average of $64.23 and a 200 day moving average of $57.06.

Nutanix Profile

(Free Report)

Nutanix, Inc provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa. The company offers hyperconverged infrastructure software stack that converges virtualization, storage, and networking services into a turnkey solution; Acropolis Hypervisor, an enterprise-grade virtualization solution; flow virtual networking and flow network security, which offers services to visualize the network, automate common network operations, and build virtual private networks; Nutanix Kubernetes Engine for automated deployment and management of Kubernetes clusters to simplify the provisioning, operations, and lifecycle management of cloud-native environments, applications, and microservices; and Nutanix Cloud Clusters.

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Institutional Ownership by Quarter for Nutanix (NASDAQ:NTNX)

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