Andra AP fonden Boosts Stock Position in Nutanix $NTNX

Andra AP fonden lifted its stake in Nutanix (NASDAQ:NTNX) by 79.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 215,707 shares of the technology company’s stock after purchasing an additional 95,700 shares during the quarter. Andra AP fonden owned about 0.08% of Nutanix worth $16,489,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Resona Asset Management Co. Ltd. grew its holdings in Nutanix by 8.7% in the 2nd quarter. Resona Asset Management Co. Ltd. now owns 81,890 shares of the technology company’s stock valued at $6,248,000 after buying an additional 6,524 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in shares of Nutanix by 25.7% during the 2nd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 106,715 shares of the technology company’s stock valued at $8,157,000 after acquiring an additional 21,826 shares during the last quarter. Simmons Bank grew its holdings in shares of Nutanix by 2.1% in the second quarter. Simmons Bank now owns 7,295 shares of the technology company’s stock valued at $558,000 after purchasing an additional 150 shares during the period. Bryce Point Capital LLC acquired a new stake in Nutanix during the second quarter worth about $904,000. Finally, Peregrine Asset Advisers Inc. raised its stake in Nutanix by 20.5% during the second quarter. Peregrine Asset Advisers Inc. now owns 76,240 shares of the technology company’s stock worth $5,828,000 after purchasing an additional 12,954 shares during the period. Institutional investors and hedge funds own 85.25% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on NTNX shares. Citigroup raised shares of Nutanix to a “positive” rating in a research note on Tuesday, August 5th. Needham & Company LLC decreased their price objective on Nutanix from $92.00 to $80.00 and set a “buy” rating on the stock in a report on Thursday, August 28th. JPMorgan Chase & Co. cut their target price on Nutanix from $90.00 to $81.00 and set an “overweight” rating for the company in a research note on Thursday, August 28th. Bank of America reduced their target price on Nutanix from $95.00 to $93.00 and set a “buy” rating on the stock in a research report on Thursday, August 28th. Finally, Wells Fargo & Company decreased their price target on Nutanix from $85.00 to $71.00 and set an “equal weight” rating on the stock in a research note on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Nutanix has a consensus rating of “Moderate Buy” and an average target price of $87.67.

Insider Buying and Selling

In other Nutanix 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 transaction, the chief financial officer owned 254,637 shares in the company, valued at $19,948,262.58. The trade was a 4.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Rajiv Ramaswami sold 144,707 shares of the company’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $76.42, for a total value of $11,058,508.94. Following the sale, the chief executive officer directly owned 524,608 shares in the company, valued at $40,090,543.36. This represents a 21.62% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 159,598 shares of company stock valued at $12,218,560 in the last ninety days. Company insiders own 2.40% of the company’s stock.

Nutanix Price Performance

Shares of Nutanix stock opened at $68.80 on Friday. The stock has a market capitalization of $18.49 billion, a price-to-earnings ratio of 107.50, a price-to-earnings-growth ratio of 6.55 and a beta of 0.54. The business has a 50-day moving average of $72.19 and a 200 day moving average of $73.15. Nutanix has a 12 month low of $54.66 and a 12 month high of $83.36.

Nutanix (NASDAQ:NTNX) last issued its quarterly earnings results on Wednesday, August 27th. The technology company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.06. Nutanix had a net margin of 7.42% and a negative return on equity of 28.01%. The company had revenue of $653.27 million for the quarter, compared to analyst estimates of $642.48 million. During the same period in the prior year, the firm earned $0.27 earnings per share. The business’s revenue for the quarter 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 anticipate that Nutanix will post 0.31 earnings per share for the current year.

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.