Public Employees Retirement System of Ohio Raises Position in Nutanix $NTNX

Public Employees Retirement System of Ohio grew its holdings in Nutanix (NASDAQ:NTNX) by 2.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 79,199 shares of the technology company’s stock after acquiring an additional 2,143 shares during the period. Public Employees Retirement System of Ohio’s holdings in Nutanix were worth $6,054,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Jericho Capital Asset Management L.P. boosted its holdings in Nutanix by 46.8% in the first quarter. Jericho Capital Asset Management L.P. now owns 4,102,993 shares of the technology company’s stock valued at $286,430,000 after purchasing an additional 1,308,357 shares during the period. AQR Capital Management LLC raised its position in Nutanix by 65.5% in the 1st quarter. AQR Capital Management LLC now owns 3,604,005 shares of the technology company’s stock valued at $246,874,000 after purchasing an additional 1,426,049 shares in the last quarter. Federated Hermes Inc. boosted its stake in shares of Nutanix by 21.2% in the 1st quarter. Federated Hermes Inc. now owns 2,423,978 shares of the technology company’s stock valued at $169,218,000 after buying an additional 423,249 shares during the period. Northern Trust Corp boosted its stake in shares of Nutanix by 19.6% in the 1st quarter. Northern Trust Corp now owns 1,778,753 shares of the technology company’s stock valued at $124,175,000 after buying an additional 291,188 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Nutanix by 1.7% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,467,177 shares of the technology company’s stock worth $102,424,000 after buying an additional 24,372 shares in the last quarter. Hedge funds and other institutional investors own 85.25% of the company’s stock.

Nutanix Price Performance

NASDAQ NTNX opened at $77.15 on Monday. The firm’s fifty day moving average price is $72.79 and its 200 day moving average price is $72.42. Nutanix has a 12 month low of $54.66 and a 12 month high of $83.36. The company has a market capitalization of $20.68 billion, a price-to-earnings ratio of 120.55, a price-to-earnings-growth ratio of 7.53 and a beta of 0.59.

Nutanix (NASDAQ:NTNX) last announced its quarterly earnings results on Wednesday, August 27th. The technology company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.06. The firm had revenue of $653.27 million during the quarter, compared to analysts’ expectations of $642.48 million. Nutanix had a net margin of 7.42% and a negative return on equity of 28.01%. Nutanix’s quarterly revenue was up 19.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.27 earnings per share. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, sell-side analysts forecast that Nutanix will post 0.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. KeyCorp started coverage on shares of Nutanix in a report on Thursday, June 26th. They issued an “overweight” rating and a $95.00 target price on the stock. Barclays dropped their price objective on shares of Nutanix from $94.00 to $82.00 and set an “overweight” rating on the stock in a research report on Thursday, August 28th. Wells Fargo & Company reduced their price objective on shares of Nutanix from $85.00 to $71.00 and set an “equal weight” rating on the stock in a report on Thursday, August 28th. Citigroup raised shares of Nutanix to a “positive” rating in a research report on Tuesday, August 5th. Finally, Needham & Company LLC lowered their target price on shares of Nutanix from $92.00 to $80.00 and set a “buy” rating for the company in a research note on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $89.07.

Insider Activity

In related news, CFO Rukmini Sivaraman sold 11,391 shares of the firm’s stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $78.34, for a total transaction of $892,370.94. Following the transaction, the chief financial officer owned 254,637 shares in the company, valued at $19,948,262.58. This trade represents a 4.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 6.80% of the stock is currently owned by company insiders.

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.