Alberta Investment Management Corp Decreases Stock Holdings in Nutanix $NTNX

Alberta Investment Management Corp reduced its position in shares of Nutanix (NASDAQ:NTNX) by 99.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 56,000 shares of the technology company’s stock after selling 14,989,400 shares during the period. Alberta Investment Management Corp’s holdings in Nutanix were worth $4,281,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Itau Unibanco Holding S.A. grew its position in shares of Nutanix by 33.0% in the 2nd quarter. Itau Unibanco Holding S.A. now owns 749 shares of the technology company’s stock worth $57,000 after buying an additional 186 shares during the last quarter. Intech Investment Management LLC boosted its holdings in Nutanix by 151.8% in the second quarter. Intech Investment Management LLC now owns 18,471 shares of the technology company’s stock valued at $1,412,000 after acquiring an additional 11,135 shares in the last quarter. Arcadia Investment Management Corp MI increased its position in Nutanix by 43.7% during the 2nd quarter. Arcadia Investment Management Corp MI now owns 11,715 shares of the technology company’s stock valued at $895,000 after purchasing an additional 3,565 shares during the period. Candriam S.C.A. increased its position in Nutanix by 23.5% during the 2nd quarter. Candriam S.C.A. now owns 21,031 shares of the technology company’s stock valued at $1,608,000 after purchasing an additional 4,008 shares during the period. Finally, Police & Firemen s Retirement System of New Jersey raised its holdings in Nutanix by 7.0% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 97,358 shares of the technology company’s stock worth $7,442,000 after purchasing an additional 6,350 shares in the last quarter. Hedge funds and other institutional investors own 85.25% of the company’s stock.

Nutanix Trading Down 0.8%

Nutanix stock opened at $65.91 on Monday. Nutanix has a 12 month low of $54.66 and a 12 month high of $83.36. The stock has a fifty day simple moving average of $72.24 and a two-hundred day simple moving average of $73.42. The firm has a market cap of $17.72 billion, a price-to-earnings ratio of 102.99, a PEG ratio of 6.55 and a beta of 0.54.

Nutanix (NASDAQ:NTNX) last released its quarterly earnings data on Wednesday, August 27th. The technology company reported $0.37 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 company had revenue of $653.27 million for the quarter, compared to analysts’ expectations of $642.48 million. During the same period last year, the firm posted $0.27 earnings per share. Nutanix’s 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, equities research analysts forecast that Nutanix will post 0.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

NTNX has been the topic of a number of research reports. Citigroup raised shares of Nutanix to a “positive” rating in a research note on Tuesday, August 5th. JPMorgan Chase & Co. cut their price objective on Nutanix from $90.00 to $81.00 and set an “overweight” rating on the stock in a research report on Thursday, August 28th. Wells Fargo & Company decreased their target price on Nutanix from $85.00 to $71.00 and set an “equal weight” rating for the company in a research report on Thursday, August 28th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Nutanix in a report on Thursday. Finally, Zacks Research raised shares of Nutanix from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $87.67.

Insider Activity

In other Nutanix news, Director Teresa Gayle Sheppard sold 3,500 shares of the business’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $76.48, for a total transaction of $267,680.00. Following the completion of the sale, the director directly owned 22,400 shares in the company, valued at approximately $1,713,152. The trade was a 13.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Rukmini Sivaraman sold 11,391 shares of the 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 transaction, the chief financial officer directly 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 SEC filing for this sale provides additional information. Insiders sold 159,598 shares of company stock valued at $12,218,560 over the last three months. Insiders own 2.40% of the company’s stock.

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.