Achmea Investment Management B.V. Lowers Stake in Nutanix $NTNX

Achmea Investment Management B.V. trimmed its holdings in Nutanix (NASDAQ:NTNX) by 21.4% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 26,769 shares of the technology company’s stock after selling 7,295 shares during the period. Achmea Investment Management B.V.’s holdings in Nutanix were worth $2,046,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Twin Tree Management LP acquired a new position in Nutanix in the 1st quarter valued at about $29,000. GW&K Investment Management LLC acquired a new stake in Nutanix during the 1st quarter worth approximately $30,000. SouthState Corp purchased a new position in shares of Nutanix in the 1st quarter valued at approximately $32,000. Farther Finance Advisors LLC increased its holdings 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 purchasing an additional 150 shares during the period. Finally, V Square Quantitative Management LLC purchased a new stake in shares of Nutanix during the second quarter worth approximately $45,000. Institutional investors and hedge funds own 85.25% of the company’s stock.

Nutanix Price Performance

NASDAQ NTNX opened at $69.62 on Friday. The business has a 50 day moving average price of $72.23 and a 200 day moving average price of $73.23. The company has a market capitalization of $18.71 billion, a P/E ratio of 108.78, a PEG ratio of 6.55 and a beta of 0.54. Nutanix has a 1-year low of $54.66 and a 1-year high of $83.36.

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

Insider Activity at Nutanix

In other Nutanix news, CEO Rajiv Ramaswami sold 144,707 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $76.42, for a total transaction of $11,058,508.94. Following the completion of the transaction, the chief executive officer directly owned 524,608 shares in the company, valued at approximately $40,090,543.36. This trade represents a 21.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Rukmini Sivaraman sold 11,391 shares of Nutanix stock in a transaction dated 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 of the company’s stock, valued at approximately $19,948,262.58. The trade was a 4.28% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 159,598 shares of company stock valued at $12,218,560. Insiders own 2.40% of the company’s stock.

Wall Street Analyst Weigh In

NTNX has been the topic of a number of analyst reports. Citigroup upgraded shares of Nutanix to a “positive” rating in a research report on Tuesday, August 5th. Needham & Company LLC lowered their target price on shares of Nutanix from $92.00 to $80.00 and set a “buy” rating on the stock in a report on Thursday, August 28th. Zacks Research upgraded shares of Nutanix from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th. Bank of America reduced their price objective on shares of Nutanix from $95.00 to $93.00 and set a “buy” rating for the company in a research report on Thursday, August 28th. Finally, JPMorgan Chase & Co. lowered their price objective on Nutanix from $90.00 to $81.00 and set an “overweight” rating on the stock in a report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Nutanix currently has an average rating of “Moderate Buy” and a consensus price target of $87.67.

About Nutanix

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.