Nutanix Inc. (NASDAQ:NTNX) insider Sunil Potti sold 10,000 shares of the stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $21.43, for a total value of $214,300.00. Following the sale, the insider now owns 123,603 shares in the company, valued at $2,648,812.29. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Sunil Potti also recently made the following trade(s):

  • On Monday, July 17th, Sunil Potti sold 10,000 shares of Nutanix stock. The stock was sold at an average price of $22.57, for a total value of $225,700.00.
  • On Monday, June 26th, Sunil Potti sold 30,000 shares of Nutanix stock. The stock was sold at an average price of $20.00, for a total value of $600,000.00.
  • On Thursday, June 15th, Sunil Potti sold 55,000 shares of Nutanix stock. The stock was sold at an average price of $17.33, for a total value of $953,150.00.

Shares of Nutanix Inc. (NASDAQ:NTNX) traded up 0.32% on Friday, reaching $21.91. The company’s stock had a trading volume of 2,281,033 shares. The company’s market cap is $3.32 billion. The firm has a 50 day moving average of $21.50 and a 200 day moving average of $21.01. Nutanix Inc. has a 52-week low of $14.38 and a 52-week high of $46.78.

Nutanix (NASDAQ:NTNX) last issued its quarterly earnings data on Thursday, May 25th. The technology company reported ($0.77) earnings per share for the quarter, missing the consensus estimate of ($0.45) by $0.32. Nutanix had a negative return on equity of 5,196.17% and a negative net margin of 61.32%. The business had revenue of $191.76 million during the quarter, compared to the consensus estimate of $186.56 million. Nutanix’s revenue for the quarter was up 67.2% compared to the same quarter last year. Analysts predict that Nutanix Inc. will post ($1.45) earnings per share for the current year.

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Several hedge funds have recently modified their holdings of the company. Stifel Financial Corp acquired a new stake in shares of Nutanix during the first quarter valued at $546,000. Quantbot Technologies LP boosted its stake in shares of Nutanix by 66.5% in the first quarter. Quantbot Technologies LP now owns 14,202 shares of the technology company’s stock valued at $266,000 after buying an additional 5,673 shares in the last quarter. Aberdeen Asset Management PLC UK acquired a new stake in shares of Nutanix during the first quarter valued at $817,000. Hodges Capital Management Inc. boosted its stake in shares of Nutanix by 112.9% in the first quarter. Hodges Capital Management Inc. now owns 1,024,790 shares of the technology company’s stock valued at $19,235,000 after buying an additional 543,450 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of Nutanix by 70.2% in the first quarter. Ameriprise Financial Inc. now owns 155,418 shares of the technology company’s stock valued at $2,916,000 after buying an additional 64,102 shares in the last quarter. 19.64% of the stock is currently owned by institutional investors.

A number of equities research analysts recently commented on NTNX shares. Bank of America Corporation restated a “buy” rating and set a $27.00 price target on shares of Nutanix in a research report on Tuesday, May 30th. Credit Suisse Group restated a “buy” rating and set a $38.00 price target on shares of Nutanix in a research report on Friday, July 28th. Goldman Sachs Group, Inc. (The) upgraded Nutanix from a “neutral” rating to a “buy” rating and set a $31.00 price target on the stock in a research report on Monday, May 22nd. Susquehanna Bancshares Inc restated a “neutral” rating and set a $19.00 price target (up from $18.00) on shares of Nutanix in a research report on Monday, May 29th. Finally, Oppenheimer Holdings, Inc. restated an “outperform” rating and set a $34.00 price target on shares of Nutanix in a research report on Wednesday, July 5th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $31.41.

Nutanix Company Profile

Nutanix, Inc is a United States-based company, which provides an enterprise cloud platform that converges silos of server, virtualization and storage into an integrated solution. The Company’s enterprise cloud platform connects to public cloud services. It has operations in the United States; Europe, the Middle East and Africa; Asia-Pacific, and Other Americas.

Insider Buying and Selling by Quarter for Nutanix (NASDAQ:NTNX)

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