Aaron Wealth Advisors LLC Has $496,000 Holdings in Nutanix $NTNX

Aaron Wealth Advisors LLC boosted its holdings in shares of Nutanix (NASDAQ:NTNX) by 2.6% during the second quarter, Holdings Channel.com reports. The institutional investor owned 6,489 shares of the technology company’s stock after acquiring an additional 162 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in Nutanix were worth $496,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Azzad Asset Management Inc. ADV boosted its holdings in shares of Nutanix by 0.5% during the fourth quarter. Azzad Asset Management Inc. ADV now owns 34,887 shares of the technology company’s stock worth $2,134,000 after acquiring an additional 159 shares during the period. Concurrent Investment Advisors LLC boosted its holdings in shares of Nutanix by 4.4% during the first quarter. Concurrent Investment Advisors LLC now owns 4,163 shares of the technology company’s stock worth $291,000 after acquiring an additional 177 shares during the period. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Nutanix by 78.0% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 436 shares of the technology company’s stock worth $30,000 after acquiring an additional 191 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Nutanix by 17.6% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,338 shares of the technology company’s stock worth $93,000 after acquiring an additional 200 shares during the period. Finally, Exchange Traded Concepts LLC boosted its holdings in shares of Nutanix by 0.6% during the first quarter. Exchange Traded Concepts LLC now owns 38,695 shares of the technology company’s stock worth $2,701,000 after acquiring an additional 218 shares during the period. Institutional investors and hedge funds own 85.25% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on NTNX shares. Wells Fargo & Company reduced their price objective on Nutanix from $85.00 to $71.00 and set an “equal weight” rating for the company in a report on Thursday, August 28th. Piper Sandler restated an “overweight” rating and set a $88.00 price objective (up previously from $76.00) on shares of Nutanix in a report on Thursday, May 29th. Barclays reduced their price objective on Nutanix from $94.00 to $82.00 and set an “overweight” rating for the company in a report on Thursday, August 28th. Wall Street Zen cut Nutanix from a “strong-buy” rating to a “buy” rating in a report on Monday, June 30th. Finally, JPMorgan Chase & Co. cut their price target on Nutanix from $90.00 to $81.00 and set an “overweight” rating for the company in a research note on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Nutanix has a consensus rating of “Moderate Buy” and an average price target of $89.07.

Insider Buying and Selling at Nutanix

In other news, CEO Rajiv Ramaswami sold 1,925 shares of the company’s stock in a transaction on Thursday, June 26th. The shares were sold at an average price of $75.00, for a total transaction of $144,375.00. Following the completion of the transaction, the chief executive officer directly owned 518,561 shares in the company, valued at approximately $38,892,075. This represents a 0.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Rukmini Sivaraman sold 11,391 shares of the company’s stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $78.34, for a total transaction of $892,370.94. Following the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. 6.80% of the stock is currently owned by corporate insiders.

Nutanix Stock Performance

Shares of NASDAQ:NTNX opened at $77.66 on Thursday. The company has a fifty day moving average of $72.42 and a 200-day moving average of $72.13. The company has a market capitalization of $20.82 billion, a PE ratio of 121.35, a price-to-earnings-growth ratio of 7.47 and a beta of 0.59. Nutanix has a 52-week low of $54.66 and a 52-week high of $83.36.

Nutanix (NASDAQ:NTNX) last announced its quarterly earnings results on Wednesday, August 27th. The technology company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.06. The company had revenue of $653.27 million during the quarter, compared to the consensus estimate of $642.48 million. Nutanix had a net margin of 7.42% and a negative return on equity of 27.63%. The company’s revenue for the quarter was up 19.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.27 earnings per share. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. On average, equities analysts forecast that Nutanix will post 0.31 EPS for the current fiscal year.

Nutanix Company 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.