Traders Purchase Large Volume of Call Options on Nutanix (NASDAQ:NTNX)

Nutanix (NASDAQ:NTNX) was the recipient of some unusual options trading activity on Thursday. Stock investors purchased 7,474 call options on the company. This is an increase of 179% compared to the average daily volume of 2,675 call options.

Wall Street Analysts Forecast Growth

NTNX has been the subject of a number of research analyst reports. JPMorgan Chase & Co. decreased their price objective on shares of Nutanix from $78.00 to $65.00 and set an “overweight” rating for the company in a report on Wednesday, November 26th. Bank of America decreased their price target on shares of Nutanix from $75.00 to $60.00 and set a “buy” rating for the company in a research note on Thursday. Weiss Ratings reissued a “hold (c)” rating on shares of Nutanix in a research note on Monday, December 29th. KeyCorp reduced their price objective on Nutanix from $95.00 to $65.00 and set an “overweight” rating on the stock in a report on Wednesday, November 26th. Finally, Needham & Company LLC lowered their target price on Nutanix from $65.00 to $55.00 and set a “buy” rating for the company in a report on Thursday. Eleven investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $62.43.

Key Headlines Impacting Nutanix

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: Strategic AI deal with AMD — AMD agreed to a multi‑year AI infrastructure partnership and will invest in Nutanix common stock (reported as a ~$150M equity purchase at about $36.26/share), plus up to $100M in joint engineering/go‑to‑market support. The deal boosts NTNX’s credibility in enterprise AI infrastructure and is the main positive catalyst lifting the stock. Quiver Quant: Nutanix jumps as AMD takes strategic stake
• Positive Sentiment: Q2 results beat — Nutanix reported fiscal Q2 revenue of $722.8M and adjusted EPS $0.56, topping consensus on both metrics and showing ~10% YoY revenue growth, which supports the bull case that demand (especially AI/customer migrations) is intact. GlobeNewswire: Q2 results
• Positive Sentiment: Unusually heavy call buying — Volume in call options spiked (~7,474 calls), signaling speculative or hedged bullish interest from traders following the earnings/AMD news. (Market micro signal; not a fundamentals change.)
• Neutral Sentiment: Investor events — Management will present at the Morgan Stanley TMT Conference on March 2, which gives investors another forum for management to amplify the AMD strategy and roadmap. GlobeNewswire: Investor conference
• Negative Sentiment: Near‑term guidance & supply constraints — Nutanix trimmed/issued revenue guidance for the upcoming quarter (Q3 revenue guide $680–$690M vs. consensus ≈ $701M) and cited supply constraints that could cap near‑term growth despite strong bookings; this is the main drag on the stock’s forward outlook. Seeking Alpha: Demand surge running into supply constraints
• Negative Sentiment: Analyst revisions are mixed to negative — Several firms adjusted price targets and forecasts after Q2: UBS raised its target (buy), but multiple firms (Barclays, Bank of America, Piper Sandler among others) modified targets/forecasts, with some downgrades to estimates that reflect near‑term execution risk. These conflicting signals create short‑term volatility. Benzinga: Analysts cut forecasts
• Negative Sentiment: Insider selling and mixed institutional repositioning — Recent disclosures show insider sales and large institutional rebalances noted by data aggregators, which can amplify downside if selling momentum builds.

Nutanix Trading Up 4.0%

Shares of NASDAQ NTNX opened at $39.97 on Friday. Nutanix has a 12-month low of $35.39 and a 12-month high of $83.36. The stock’s fifty day simple moving average is $45.38 and its two-hundred day simple moving average is $58.94. The stock has a market capitalization of $10.81 billion, a PE ratio of 43.45, a price-to-earnings-growth ratio of 4.18 and a beta of 0.48.

Nutanix (NASDAQ:NTNX) last released its quarterly earnings results on Wednesday, February 25th. The technology company reported $0.56 EPS for the quarter, topping the consensus estimate of $0.44 by $0.12. The firm had revenue of $722.83 million during the quarter, compared to analyst estimates of $709.83 million. Nutanix had a negative return on equity of 39.30% and a net margin of 9.95%.The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.47 EPS. On average, equities analysts predict that Nutanix will post 0.31 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. New Millennium Group LLC purchased a new stake in Nutanix during the fourth quarter valued at approximately $28,000. SJS Investment Consulting Inc. increased its position in shares of Nutanix by 3,122.7% during the third quarter. SJS Investment Consulting Inc. now owns 709 shares of the technology company’s stock worth $53,000 after purchasing an additional 687 shares in the last quarter. Itau Unibanco Holding S.A. lifted its holdings in shares of Nutanix by 33.0% during the 2nd quarter. Itau Unibanco Holding S.A. now owns 749 shares of the technology company’s stock valued at $57,000 after purchasing an additional 186 shares during the last quarter. V Square Quantitative Management LLC acquired a new stake in shares of Nutanix in the 4th quarter worth $39,000. Finally, Covestor Ltd boosted its position in shares of Nutanix by 73.1% in the 4th quarter. Covestor Ltd now owns 767 shares of the technology company’s stock worth $40,000 after purchasing an additional 324 shares in the last quarter. Hedge funds and other institutional investors own 85.25% of the company’s stock.

About Nutanix

Nutanix, Inc is an enterprise cloud computing company that develops software to simplify the deployment and management of datacenter infrastructure. Founded in 2009 and headquartered in San Jose, California, Nutanix is best known for pioneering hyperconverged infrastructure (HCI), an approach that integrates compute, storage and virtualization into a single software-defined platform aimed at reducing complexity and operational overhead in private and hybrid cloud environments.

The company’s product portfolio centers on the Nutanix Cloud Platform, which includes its core AOS software for HCI, Prism for infrastructure management and automation, and a suite of additional services such as Calm for application automation, Files and Volumes for file and block services, Karbon for Kubernetes orchestration, and Era for database management.