Janney Montgomery Scott LLC Has $3.09 Million Stock Holdings in Nutanix $NTNX

Janney Montgomery Scott LLC grew its holdings in Nutanix (NASDAQ:NTNX) by 3.1% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 40,450 shares of the technology company’s stock after buying an additional 1,201 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Nutanix were worth $3,092,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in NTNX. Twin Tree Management LP acquired a new stake in shares of Nutanix in the first quarter valued at $29,000. GW&K Investment Management LLC acquired a new stake in shares of Nutanix in the first quarter valued at $30,000. SouthState Corp acquired a new stake in shares of Nutanix in the first quarter valued at $32,000. Fifth Third Bancorp increased its stake in shares of Nutanix by 98.4% in the first quarter. Fifth Third Bancorp now owns 504 shares of the technology company’s stock valued at $35,000 after buying an additional 250 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its stake 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 valued at $38,000 after buying an additional 150 shares in the last quarter. 85.25% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. KeyCorp assumed coverage on Nutanix in a report on Thursday, June 26th. They issued an “overweight” rating and a $95.00 price target on the stock. Bank of America decreased their price target on Nutanix from $95.00 to $93.00 and set a “buy” rating on the stock in a report on Thursday, August 28th. Wells Fargo & Company reduced their target price on Nutanix from $85.00 to $71.00 and set an “equal weight” rating on the stock in a report on Thursday, August 28th. Wall Street Zen cut Nutanix from a “strong-buy” rating to a “buy” rating in a report on Monday, June 30th. Finally, Barclays reduced their target price on Nutanix from $94.00 to $82.00 and set an “overweight” rating on the stock in a report on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Nutanix has an average rating of “Moderate Buy” and a consensus target price of $89.07.

Nutanix Stock Performance

Shares of NTNX opened at $71.15 on Thursday. The stock has a 50 day simple moving average of $72.71 and a 200 day simple moving average of $72.56. Nutanix has a 52-week low of $54.66 and a 52-week high of $83.36. The firm has a market capitalization of $19.13 billion, a PE ratio of 111.17, a P/E/G ratio of 6.73 and a beta of 0.51.

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

Insider Activity at Nutanix

In related news, CFO Rukmini Sivaraman sold 11,391 shares of the business’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 value of $892,370.94. Following the completion of the transaction, 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 position. The sale was disclosed in a document filed 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 in the company, valued at $1,713,152. The trade was a 13.51% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 159,598 shares of company stock worth $12,218,560. 6.80% of the stock is 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.