Eagle Asset Management Inc. Purchases Shares of 28,009 Nutanix, Inc. (NASDAQ:NTNX)

Eagle Asset Management Inc. purchased a new stake in Nutanix, Inc. (NASDAQ:NTNXFree Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 28,009 shares of the technology company’s stock, valued at approximately $1,336,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of NTNX. Atlantic Edge Private Wealth Management LLC bought a new stake in shares of Nutanix in the 4th quarter worth about $29,000. GAMMA Investing LLC bought a new stake in shares of Nutanix in the 4th quarter worth about $30,000. Harvest Fund Management Co. Ltd bought a new stake in shares of Nutanix in the 4th quarter worth about $40,000. Fifth Third Bancorp bought a new stake in shares of Nutanix in the 4th quarter worth about $62,000. Finally, Edmond DE Rothschild Holding S.A. bought a new stake in shares of Nutanix in the 4th quarter worth about $77,000. Institutional investors own 85.25% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on NTNX. Northland Capmk downgraded shares of Nutanix from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 30th. Bank of America upped their price target 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 reduced their price target on shares of Nutanix from $81.00 to $80.00 and set an “overweight” rating on the stock in a research report on Thursday, May 30th. Susquehanna upped their price target on shares of Nutanix from $60.00 to $75.00 and gave the stock a “positive” rating in a research report on Wednesday, April 10th. Finally, KeyCorp upped their price target 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 equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $72.77.

Check Out Our Latest Stock Analysis on NTNX

Nutanix Stock Down 1.2 %

Shares of NTNX opened at $53.33 on Thursday. Nutanix, Inc. has a twelve month low of $26.47 and a twelve month high of $73.69. The company has a 50 day moving average of $64.06 and a 200-day moving average of $57.03.

Insider Transactions at Nutanix

In other news, COO David Sangster sold 12,545 shares of the stock in a transaction that occurred on Monday, March 18th. The stock was sold at an average price of $63.04, for a total value of $790,836.80. Following the completion of the sale, the chief operating officer now owns 70,192 shares of the company’s stock, valued at approximately $4,424,903.68. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other news, insider Tyler Wall sold 15,000 shares of the stock in a transaction that occurred 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 sale, the insider now owns 13,168 shares of the company’s stock, valued at approximately $819,708. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, COO David Sangster sold 12,545 shares of the stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $63.04, for a total value of $790,836.80. Following the completion of the sale, the chief operating officer now directly owns 70,192 shares of the company’s stock, valued at approximately $4,424,903.68. The disclosure for this sale can be found here. Insiders sold 104,506 shares of company stock valued at $6,668,188 in the last ninety days. 0.46% of the stock is currently owned by corporate insiders.

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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