News headlines about Nutanix (NASDAQ:NTNX) have trended somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Nutanix earned a media sentiment score of 0.24 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 45.7407256848414 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the news headlines that may have effected Accern Sentiment’s rankings:

Several equities analysts have commented on NTNX shares. Goldman Sachs Group, Inc. (The) raised shares of Nutanix from a “neutral” rating to a “buy” rating and set a $31.00 target price on the stock in a research report on Monday, May 22nd. Oppenheimer Holdings, Inc. reissued an “outperform” rating and set a $34.00 target price on shares of Nutanix in a research report on Wednesday, July 5th. JMP Securities reissued an “outperform” rating and set a $35.00 target price on shares of Nutanix in a research report on Sunday, September 3rd. Bank of America Corporation reissued a “buy” rating and set a $27.00 target price on shares of Nutanix in a research report on Tuesday, May 30th. Finally, Maxim Group reissued a “buy” rating and set a $41.00 target price on shares of Nutanix in a research report on Friday, May 26th. One analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $30.69.

Shares of Nutanix (NASDAQ NTNX) opened at 21.56 on Friday. The stock’s 50 day moving average is $21.73 and its 200 day moving average is $24.83. The company’s market capitalization is $3.29 billion. Nutanix has a 12 month low of $21.21 and a 12 month high of $46.78.

Nutanix (NASDAQ:NTNX) last posted its earnings results on Thursday, August 31st. The technology company reported ($0.33) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.38) by $0.05. Nutanix had a negative net margin of 59.72% and a negative return on equity of 248.46%. The firm had revenue of $226.10 million during the quarter, compared to analysts’ expectations of $216.00 million. Nutanix’s quarterly revenue was up 61.7% on a year-over-year basis. On average, equities analysts predict that Nutanix will post ($0.96) EPS for the current fiscal year.

In related news, VP Kenneth W. Long III sold 30,000 shares of the business’s stock in a transaction on Wednesday, July 19th. The shares were sold at an average price of $24.00, for a total value of $720,000.00. Following the completion of the transaction, the vice president now directly owns 240,234 shares in the company, valued at approximately $5,765,616. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP David Sangster sold 5,890 shares of the business’s stock in a transaction on Monday, June 19th. The shares were sold at an average price of $18.06, for a total transaction of $106,373.40. Following the completion of the transaction, the executive vice president now owns 114,500 shares of the company’s stock, valued at $2,067,870. The disclosure for this sale can be found here. Over the last quarter, insiders sold 2,213,723 shares of company stock valued at $47,321,199.

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About Nutanix

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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