Nutanix $NTNX Stock Holdings Increased by Farther Finance Advisors LLC

Farther Finance Advisors LLC increased its holdings in Nutanix (NASDAQ:NTNX) by 42.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 502 shares of the technology company’s stock after purchasing an additional 150 shares during the quarter. Farther Finance Advisors LLC’s holdings in Nutanix were worth $38,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Twin Tree Management LP bought a new stake in shares of Nutanix in the 1st quarter worth approximately $29,000. GW&K Investment Management LLC bought a new stake in shares of Nutanix in the 1st quarter worth approximately $30,000. SouthState Corp purchased a new position in shares of Nutanix in the first quarter worth approximately $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, Banque Transatlantique SA purchased a new position in shares of Nutanix in the first quarter worth approximately $46,000. 85.25% of the stock is currently owned by institutional investors.

Nutanix Stock Down 5.9%

NTNX stock opened at $69.94 on Wednesday. The company has a market capitalization of $18.80 billion, a price-to-earnings ratio of 109.28, a P/E/G ratio of 7.15 and a beta of 0.51. Nutanix has a 12 month low of $54.66 and a 12 month high of $83.36. The firm has a 50 day moving average of $72.83 and a two-hundred day moving average of $72.57.

Nutanix (NASDAQ:NTNX) last posted its earnings results on Wednesday, August 27th. The technology company reported $0.37 EPS 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 the consensus estimate of $642.48 million. Nutanix had a net margin of 7.42% and a negative return on equity of 28.01%. The company’s revenue for the quarter was up 19.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.27 earnings per share. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. On average, research analysts expect that Nutanix will post 0.31 EPS for the current fiscal year.

Insider Transactions at Nutanix

In other news, CFO Rukmini Sivaraman sold 11,391 shares of the business’s stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $78.34, for a total value of $892,370.94. Following the completion of the sale, the chief financial officer directly owned 254,637 shares in the company, valued at approximately $19,948,262.58. The trade was a 4.28% decrease in their ownership of the stock. The sale was disclosed in a 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 on Thursday, October 2nd. The stock was sold at an average price of $76.48, for a total transaction 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. The trade was 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. 6.80% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Bank of America dropped their target price on shares of Nutanix from $95.00 to $93.00 and set a “buy” rating on the stock in a research report on Thursday, August 28th. The Goldman Sachs Group assumed coverage on shares of Nutanix in a research report on Tuesday, July 15th. They issued a “buy” rating and a $95.00 target price on the stock. Needham & Company LLC dropped their target price on shares of Nutanix from $92.00 to $80.00 and set a “buy” rating on the stock in a research report on Thursday, August 28th. Wells Fargo & Company dropped their target price on shares of Nutanix from $85.00 to $71.00 and set an “equal weight” rating on the stock in a research report on Thursday, August 28th. Finally, Wall Street Zen downgraded shares of Nutanix from a “strong-buy” rating to a “buy” rating in a research report on Monday, June 30th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $89.07.

Nutanix Company 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.