Atria Investments Inc Grows Holdings in Nutanix $NTNX

Atria Investments Inc increased its stake in shares of Nutanix (NASDAQ:NTNX) by 117.2% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 10,609 shares of the technology company’s stock after buying an additional 5,724 shares during the quarter. Atria Investments Inc’s holdings in Nutanix were worth $811,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Jericho Capital Asset Management L.P. increased its position in shares of Nutanix by 46.8% in the first quarter. Jericho Capital Asset Management L.P. now owns 4,102,993 shares of the technology company’s stock worth $286,430,000 after purchasing an additional 1,308,357 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of Nutanix by 65.5% during the first quarter. AQR Capital Management LLC now owns 3,604,005 shares of the technology company’s stock valued at $246,874,000 after buying an additional 1,426,049 shares during the last quarter. Nordea Investment Management AB boosted its holdings in Nutanix by 10.0% in the second quarter. Nordea Investment Management AB now owns 2,924,167 shares of the technology company’s stock worth $224,868,000 after purchasing an additional 266,512 shares during the last quarter. Federated Hermes Inc. raised its position in Nutanix by 21.2% in the first quarter. Federated Hermes Inc. now owns 2,423,978 shares of the technology company’s stock worth $169,218,000 after acquiring an additional 423,249 shares during the period. Finally, Northern Trust Corp boosted its position in shares of Nutanix by 19.6% in the first quarter. Northern Trust Corp now owns 1,778,753 shares of the technology company’s stock worth $124,175,000 after purchasing an additional 291,188 shares during the period. Hedge funds and other institutional investors own 85.25% of the company’s stock.

Nutanix Trading Up 1.2%

Shares of NTNX opened at $69.62 on Friday. The firm’s fifty day simple moving average is $72.23 and its 200-day simple moving average is $73.23. Nutanix has a twelve month low of $54.66 and a twelve month high of $83.36. The firm has a market capitalization of $18.71 billion, a price-to-earnings ratio of 108.78, a PEG ratio of 6.55 and a beta of 0.54.

Nutanix (NASDAQ:NTNX) last released its quarterly earnings data on Wednesday, August 27th. The technology company reported $0.37 earnings per share (EPS) for the quarter, beating 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 28.01%. Nutanix’s revenue for the quarter was up 19.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.27 earnings per share. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. On average, analysts predict that Nutanix will post 0.31 earnings per share for the current fiscal year.

Insider Activity at Nutanix

In other Nutanix news, CEO Rajiv Ramaswami sold 144,707 shares of Nutanix stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $76.42, for a total transaction of $11,058,508.94. Following the completion of the transaction, the chief executive officer owned 524,608 shares in the company, valued at approximately $40,090,543.36. The trade was a 21.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Teresa Gayle Sheppard sold 3,500 shares of the business’s 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. The trade was a 13.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 159,598 shares of company stock worth $12,218,560 over the last 90 days. Company insiders own 2.40% of the company’s stock.

Analysts Set New Price Targets

NTNX has been the topic of a number of research analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Nutanix in a research report on Wednesday, October 8th. Bank of America lowered their price objective on shares of Nutanix from $95.00 to $93.00 and set a “buy” rating for the company in a research note on Thursday, August 28th. Needham & Company LLC cut their price objective on shares of Nutanix from $92.00 to $80.00 and set a “buy” rating for the company in a report on Thursday, August 28th. Barclays decreased their target price on Nutanix from $94.00 to $82.00 and set an “overweight” rating on the stock in a research report on Thursday, August 28th. Finally, Citigroup upgraded shares of Nutanix to a “positive” rating in a report on Tuesday, August 5th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $87.67.

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.