Franklin Resources Inc. Buys 75,580 Shares of Nutanix $NTNX

Franklin Resources Inc. raised its position in shares of Nutanix (NASDAQ:NTNX) by 110.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 144,280 shares of the technology company’s stock after purchasing an additional 75,580 shares during the period. Franklin Resources Inc. owned 0.05% of Nutanix worth $11,029,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Avantax Advisory Services Inc. lifted its position in shares of Nutanix by 11.0% during the 1st quarter. Avantax Advisory Services Inc. now owns 6,322 shares of the technology company’s stock valued at $441,000 after buying an additional 624 shares during the last quarter. Cetera Investment Advisers increased its holdings in Nutanix by 3.1% in the 1st quarter. Cetera Investment Advisers now owns 64,940 shares of the technology company’s stock worth $4,533,000 after acquiring an additional 1,978 shares during the last quarter. TD Asset Management Inc raised its stake in Nutanix by 4.0% in the 1st quarter. TD Asset Management Inc now owns 45,315 shares of the technology company’s stock valued at $3,163,000 after acquiring an additional 1,750 shares during the period. LPL Financial LLC lifted its holdings in Nutanix by 39.0% during the first quarter. LPL Financial LLC now owns 99,735 shares of the technology company’s stock valued at $6,962,000 after purchasing an additional 28,003 shares during the last quarter. Finally, GSA Capital Partners LLP purchased a new stake in Nutanix during the first quarter valued at about $736,000. 85.25% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on NTNX. Zacks Research downgraded shares of Nutanix from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 25th. Oppenheimer initiated coverage on shares of Nutanix in a report on Monday, November 17th. They issued an “outperform” rating and a $90.00 price objective for the company. Citigroup upgraded shares of Nutanix to a “positive” rating in a research note on Tuesday, August 5th. Weiss Ratings restated a “hold (c-)” rating on shares of Nutanix in a research report on Tuesday. Finally, Bank of America cut their price target on Nutanix from $93.00 to $75.00 and set a “buy” rating for the company in a report on Wednesday. Thirteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Nutanix currently has a consensus rating of “Moderate Buy” and a consensus target price of $75.13.

Insiders Place Their Bets

In other Nutanix news, CFO Rukmini Sivaraman sold 11,391 shares of the firm’s stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $78.34, for a total value of $892,370.94. Following the sale, the chief financial officer owned 254,637 shares of the company’s stock, valued at $19,948,262.58. This trade represents a 4.28% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Teresa Gayle Sheppard sold 3,500 shares of the business’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $76.48, for a total value of $267,680.00. Following the transaction, the director directly owned 22,400 shares of the company’s stock, valued at $1,713,152. The trade was a 13.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 159,598 shares of company stock worth $12,218,560 in the last ninety days. 2.40% of the stock is currently owned by insiders.

Nutanix Trading Down 1.3%

Nutanix stock opened at $47.73 on Friday. Nutanix has a 1-year low of $47.39 and a 1-year high of $83.36. The firm has a market capitalization of $12.83 billion, a PE ratio of 74.58, a price-to-earnings-growth ratio of 6.55 and a beta of 0.54. The firm’s 50 day simple moving average is $68.03 and its 200 day simple moving average is $72.18.

Nutanix (NASDAQ:NTNX) last released its quarterly earnings results on Tuesday, November 25th. The technology company reported $0.41 EPS for the quarter, meeting analysts’ consensus estimates of $0.41. The firm had revenue of $670.58 million during the quarter, compared to analyst estimates of $677.23 million. Nutanix had a net margin of 7.42% and a negative return on equity of 28.01%. The business’s revenue for the quarter was up 13.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.42 EPS. Nutanix has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. Research analysts forecast 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.