Nutanix $NTNX Shares Purchased by IFP Advisors Inc

IFP Advisors Inc lifted its stake in Nutanix (NASDAQ:NTNX) by 2.7% in the 2nd quarter, Holdings Channel.com reports. The firm owned 59,553 shares of the technology company’s stock after purchasing an additional 1,593 shares during the period. IFP Advisors Inc’s holdings in Nutanix were worth $4,552,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Swedbank AB acquired a new stake in Nutanix during the first quarter worth $1,642,000. Silverberg Bernstein Capital Management LLC increased its stake in Nutanix by 61.6% during the second quarter. Silverberg Bernstein Capital Management LLC now owns 37,893 shares of the technology company’s stock worth $2,897,000 after acquiring an additional 14,438 shares during the last quarter. OMNI 360 Wealth Inc. acquired a new stake in Nutanix during the second quarter worth $265,000. Inspire Investing LLC increased its stake in Nutanix by 43.1% during the first quarter. Inspire Investing LLC now owns 41,472 shares of the technology company’s stock worth $2,895,000 after acquiring an additional 12,489 shares during the last quarter. Finally, Assenagon Asset Management S.A. increased its stake in Nutanix by 69.7% during the first quarter. Assenagon Asset Management S.A. now owns 39,873 shares of the technology company’s stock worth $2,784,000 after acquiring an additional 16,374 shares during the last quarter. Institutional investors and hedge funds own 85.25% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on NTNX shares. Needham & Company LLC cut their target price on Nutanix from $92.00 to $80.00 and set a “buy” rating for the company in a research note on Thursday, August 28th. JPMorgan Chase & Co. dropped their price objective on Nutanix from $90.00 to $81.00 and set an “overweight” rating for the company in a research note on Thursday, August 28th. Wells Fargo & Company dropped their price objective on Nutanix from $85.00 to $71.00 and set an “equal weight” rating for the company in a research note on Thursday, August 28th. The Goldman Sachs Group initiated coverage on Nutanix in a research note on Tuesday, July 15th. They issued a “buy” rating and a $95.00 price objective for the company. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nutanix in a research note on Wednesday. Fourteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Nutanix has an average rating of “Moderate Buy” and an average price target of $87.67.

Nutanix Trading Down 0.6%

NASDAQ:NTNX opened at $68.34 on Friday. The firm has a market cap of $18.37 billion, a PE ratio of 106.78, a price-to-earnings-growth ratio of 6.62 and a beta of 0.51. The stock has a fifty day moving average price of $72.51 and a 200 day moving average price of $72.48. Nutanix has a 12-month low of $54.66 and a 12-month high of $83.36.

Nutanix (NASDAQ:NTNX) last released its earnings results on Wednesday, August 27th. The technology company reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.06. The firm had revenue of $653.27 million during the quarter, compared to analyst estimates of $642.48 million. Nutanix had a negative return on equity of 28.01% and a net margin of 7.42%.Nutanix’s revenue was up 19.2% compared to the same quarter last year. During the same period last year, the business posted $0.27 earnings per share. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. Equities analysts forecast that Nutanix will post 0.31 EPS for the current year.

Insiders Place Their Bets

In other Nutanix news, Director Teresa Gayle Sheppard sold 3,500 shares of Nutanix stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $76.48, for a total transaction of $267,680.00. Following the completion of the sale, the director directly owned 22,400 shares of the company’s stock, valued at $1,713,152. The trade was a 13.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Rukmini Sivaraman sold 11,391 shares of Nutanix stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $78.34, for a total value of $892,370.94. Following the sale, the chief financial officer directly 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. Insiders sold 159,598 shares of company stock valued at $12,218,560 in the last ninety days. Insiders own 6.80% of the company’s stock.

About Nutanix

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.