Arcadia Investment Management Corp MI Buys 3,565 Shares of Nutanix $NTNX

Arcadia Investment Management Corp MI raised its stake in Nutanix (NASDAQ:NTNX) by 43.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,715 shares of the technology company’s stock after purchasing an additional 3,565 shares during the period. Arcadia Investment Management Corp MI’s holdings in Nutanix were worth $895,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Twin Tree Management LP purchased a new position in shares of Nutanix in the 1st quarter worth approximately $29,000. GW&K Investment Management LLC acquired a new stake in Nutanix in the first quarter valued at approximately $30,000. SouthState Corp purchased a new position in Nutanix in the first quarter worth $32,000. Farther Finance Advisors LLC grew its holdings in Nutanix by 42.6% in the second quarter. Farther Finance Advisors LLC now owns 502 shares of the technology company’s stock worth $38,000 after purchasing an additional 150 shares during the last quarter. Finally, V Square Quantitative Management LLC acquired a new position in shares of Nutanix during the second quarter worth $45,000. 85.25% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on NTNX shares. Bank of America lowered their price objective on Nutanix from $95.00 to $93.00 and set a “buy” rating for the company in a research report on Thursday, August 28th. Zacks Research upgraded Nutanix from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th. Northland Securities set a $76.00 price target on Nutanix in a research note on Thursday, October 9th. JPMorgan Chase & Co. cut their price objective on shares of Nutanix from $90.00 to $81.00 and set an “overweight” rating on the stock in a report on Thursday, August 28th. Finally, Wells Fargo & Company decreased their price objective on shares of Nutanix from $85.00 to $71.00 and set an “equal weight” rating for the company in a research report on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $87.67.

Nutanix Price Performance

NTNX stock opened at $65.91 on Friday. The company has a market capitalization of $17.72 billion, a P/E ratio of 102.99, a price-to-earnings-growth ratio of 6.55 and a beta of 0.54. Nutanix has a 12 month low of $54.66 and a 12 month high of $83.36. The firm’s fifty day simple moving average is $72.24 and its 200-day simple moving average is $73.35.

Nutanix (NASDAQ:NTNX) last issued its earnings results on Wednesday, August 27th. The technology company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate 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%. The firm’s revenue was up 19.2% compared to the same quarter last year. During the same quarter last year, the company posted $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.

Insider Activity at Nutanix

In other Nutanix news, Director Teresa Gayle Sheppard sold 3,500 shares of the business’s stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $76.48, for a total value of $267,680.00. Following the completion of the transaction, the director directly owned 22,400 shares of the company’s stock, valued at approximately $1,713,152. The trade was a 13.51% decrease in their ownership of the stock. The sale 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 the company’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 sale, the chief financial officer owned 254,637 shares in the company, valued at approximately $19,948,262.58. This represents a 4.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 159,598 shares of company stock worth $12,218,560. 2.40% of the stock is owned by corporate insiders.

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.