OFI Invest Asset Management Buys New Stake in Nutanix $NTNX

OFI Invest Asset Management bought a new stake in Nutanix (NASDAQ:NTNX) during the second quarter, Holdings Channel reports. The firm bought 1,476 shares of the technology company’s stock, valued at approximately $113,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Personalized Indexing Management LLC grew its stake in Nutanix by 4.3% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 16,874 shares of the technology company’s stock valued at $1,290,000 after buying an additional 692 shares during the last quarter. Concurrent Investment Advisors LLC grew its stake in Nutanix by 8.2% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 4,505 shares of the technology company’s stock valued at $344,000 after buying an additional 342 shares during the last quarter. waypoint wealth counsel acquired a new position in Nutanix in the 2nd quarter valued at $299,000. Katamaran Capital LLP grew its stake in Nutanix by 29.1% in the 2nd quarter. Katamaran Capital LLP now owns 30,038 shares of the technology company’s stock valued at $2,296,000 after buying an additional 6,768 shares during the last quarter. Finally, IFP Advisors Inc grew its stake in Nutanix by 2.7% in the 2nd quarter. IFP Advisors Inc now owns 59,553 shares of the technology company’s stock valued at $4,552,000 after buying an additional 1,593 shares during the last quarter. 85.25% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Teresa Gayle Sheppard sold 3,500 shares of Nutanix stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $76.48, for a total transaction of $267,680.00. Following the completion of the transaction, the director directly owned 22,400 shares of the company’s stock, valued at $1,713,152. This trade represents a 13.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Rukmini Sivaraman sold 11,391 shares of Nutanix stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $78.34, for a total transaction of $892,370.94. Following the transaction, the chief financial officer directly owned 254,637 shares of the company’s stock, valued at $19,948,262.58. This represents a 4.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 159,598 shares of company stock worth $12,218,560. Corporate insiders own 6.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Northland Capmk lowered shares of Nutanix from a “strong-buy” rating to a “hold” rating in a research report on Thursday. JPMorgan Chase & Co. decreased their price target on shares of Nutanix from $90.00 to $81.00 and set an “overweight” rating on the stock in a research report on Thursday, August 28th. Barclays decreased their price target on shares of Nutanix from $94.00 to $82.00 and set an “overweight” rating on the stock in a research report on Thursday, August 28th. Wall Street Zen lowered shares of Nutanix from a “strong-buy” rating to a “buy” rating in a research report on Monday, June 30th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Nutanix in a research report on Wednesday, October 8th. Fourteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Nutanix currently has a consensus rating of “Moderate Buy” and an average target price of $87.67.

Nutanix Stock Performance

Shares of Nutanix stock opened at $68.34 on Monday. The firm’s 50-day simple moving average is $72.51 and its 200-day simple moving average is $72.47. Nutanix has a twelve month low of $54.66 and a twelve month high of $83.36. The firm has a market cap of $18.37 billion, a P/E ratio of 106.78, a price-to-earnings-growth ratio of 6.57 and a beta of 0.51.

Nutanix (NASDAQ:NTNX) last issued its earnings results on Wednesday, August 27th. The technology company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.06. Nutanix had a net margin of 7.42% and a negative return on equity of 28.01%. The business had revenue of $653.27 million for the quarter, compared to analyst estimates of $642.48 million. During the same period in the previous year, the business earned $0.27 EPS. The firm’s revenue was up 19.2% on a year-over-year basis. 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 earnings per share for the current fiscal year.

Nutanix 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.