Citigroup Inc. Sells 504,737 Shares of Nutanix $NTNX

Citigroup Inc. trimmed its stake in Nutanix (NASDAQ:NTNX) by 68.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 236,575 shares of the technology company’s stock after selling 504,737 shares during the period. Citigroup Inc. owned 0.09% of Nutanix worth $17,599,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Norges Bank purchased a new stake in Nutanix in the second quarter worth about $263,938,000. Marshall Wace LLP raised its position in shares of Nutanix by 75.9% in the 2nd quarter. Marshall Wace LLP now owns 3,279,107 shares of the technology company’s stock worth $250,655,000 after acquiring an additional 1,415,117 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Nutanix by 4.6% in the 3rd quarter. Vanguard Group Inc. now owns 26,682,475 shares of the technology company’s stock worth $1,984,909,000 after acquiring an additional 1,167,193 shares in the last quarter. Qube Research & Technologies Ltd lifted its stake in shares of Nutanix by 221.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 1,614,293 shares of the technology company’s stock valued at $123,397,000 after purchasing an additional 1,112,177 shares during the period. Finally, AQR Capital Management LLC boosted its position in shares of Nutanix by 30.8% during the second quarter. AQR Capital Management LLC now owns 4,712,266 shares of the technology company’s stock valued at $360,206,000 after purchasing an additional 1,108,261 shares in the last quarter. Hedge funds and other institutional investors own 85.25% of the company’s stock.

Nutanix Stock Performance

Shares of NASDAQ NTNX opened at $38.28 on Friday. The firm’s 50 day moving average price is $45.10 and its 200-day moving average price is $58.73. The company has a market cap of $10.35 billion, a PE ratio of 41.61, a P/E/G ratio of 4.35 and a beta of 0.48. Nutanix has a 52-week low of $35.39 and a 52-week high of $83.36.

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

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Wall Street Zen downgraded Nutanix from a “buy” rating to a “hold” rating in a report on Sunday, February 22nd. JPMorgan Chase & Co. lowered their price target on shares of Nutanix from $78.00 to $65.00 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. The Goldman Sachs Group dropped their price objective on shares of Nutanix from $75.00 to $60.00 and set a “buy” rating on the stock in a research note on Monday, February 9th. Piper Sandler decreased their target price on shares of Nutanix from $72.00 to $63.00 and set an “overweight” rating for the company in a research note on Thursday. Finally, Royal Bank Of Canada set a $55.00 target price on shares of Nutanix in a report on Wednesday, February 11th. Eleven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $62.43.

More Nutanix News

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: AMD strategic partnership and investment — AMD announced a multi‑year AI infrastructure partnership and a $250M package (about $150M equity at ~$36.26/sh and up to $100M for joint engineering/go‑to‑market), validating Nutanix’s enterprise AI positioning and drawing immediate buyer interest. AMD and Nutanix Announce Strategic Partnership to Advance an Open and Scalable Platform for Enterprise AI
• Positive Sentiment: Quarterly beat and customer momentum — Q2 results topped estimates (revenue ≈ $722.8M; adjusted EPS $0.56), with >1,000 new customers and the strongest new‑logo growth in eight years, supporting the narrative of durable demand for Nutanix’s hybrid cloud stack. Nutanix Q2 Earnings and Revenues Beat Estimates, Sales Rise Y/Y
• Positive Sentiment: Analyst backing and investor flow — Some firms raised/maintained bullish views (e.g., UBS bumped its PT to $60 with a Buy), and there was elevated call‑option activity, both of which have supported near‑term upside interest. Analyst Price Target Coverage (Benzinga)
• Neutral Sentiment: Strategic visibility — Coverage highlights Nutanix’s role in niche enterprise clouds (Nasdaq futures ecosystem and evolving cloud use cases), which supports narrative but is longer‑term and less likely to move the stock immediately. Nutanix Plays a Critical Role In Nasdaq Futures Cloud Ecosystem
• Neutral Sentiment: Investor access — Management will present at the Morgan Stanley TMT conference next week, offering additional opportunity for guidance color and investor Q&A. Nutanix to Present at Upcoming Investor Conference
• Negative Sentiment: FY26 revenue target cut and supply constraints — Management set FY26 revenue guidance to $2.80B–$2.84B and cited supply‑chain delays as the reason, signaling that demand is outpacing available hardware capacity and weighing on near‑term growth. Nutanix outlines $2.8B–$2.84B FY26 revenue target amid AMD partnership and supply chain delays
• Negative Sentiment: Demand > supply dynamic and revenue timing — Reports note bookings are strong but constrained by component availability, which can push revenue recognition later and inject execution risk into near‑term results. Nutanix: Demand Surge Is Now Running Into Supply Constraints
• Negative Sentiment: Analyst trims and insider/institutional flows — Several banks trimmed targets (Barclays cut to $47 equal‑weight; others trimmed forecasts) and filings show notable institutional rebalancing and insider sales, adding upward pressure to near‑term sentiment. Nutanix jumps as AMD takes strategic stake and the company posts a quarterly beat

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.