Bayforest Capital Ltd Grows Stock Position in Nutanix $NTNX

Bayforest Capital Ltd grew its holdings in shares of Nutanix (NASDAQ:NTNX) by 61.1% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,410 shares of the technology company’s stock after purchasing an additional 1,672 shares during the quarter. Bayforest Capital Ltd’s holdings in Nutanix were worth $308,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in NTNX. Twin Tree Management LP purchased a new stake in shares of Nutanix during the 1st quarter valued at about $29,000. MassMutual Private Wealth & Trust FSB increased its position in shares of Nutanix by 78.0% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 436 shares of the technology company’s stock valued at $30,000 after purchasing an additional 191 shares during the last quarter. GW&K Investment Management LLC purchased a new stake in shares of Nutanix during the 1st quarter valued at about $30,000. SouthState Corp purchased a new stake in shares of Nutanix during the 1st quarter valued at about $32,000. Finally, Fifth Third Bancorp increased its position in shares of Nutanix by 98.4% during the 1st quarter. Fifth Third Bancorp now owns 504 shares of the technology company’s stock valued at $35,000 after purchasing an additional 250 shares during the last quarter. Hedge funds and other institutional investors own 85.25% of the company’s stock.

Insider Activity at Nutanix

In other Nutanix news, CEO Rajiv Ramaswami sold 1,925 shares of the company’s stock in a transaction that occurred on Thursday, June 26th. The stock was sold at an average price of $75.00, for a total value of $144,375.00. Following the completion of the transaction, the chief executive officer directly owned 518,561 shares in the company, valued at $38,892,075. This represents a 0.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Rukmini Sivaraman sold 2,100 shares of the company’s stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $72.73, for a total value of $152,733.00. Following the completion of the transaction, the chief financial officer owned 209,070 shares of the company’s stock, valued at $15,205,661.10. The trade was a 0.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 6.80% of the company’s stock.

Nutanix Price Performance

NTNX stock opened at $77.15 on Thursday. Nutanix has a 1-year low of $54.66 and a 1-year high of $83.36. The company has a market capitalization of $20.68 billion, a price-to-earnings ratio of 120.55, a PEG ratio of 7.29 and a beta of 0.59. The business has a 50 day simple moving average of $72.21 and a two-hundred day simple moving average of $71.89.

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

Wall Street Analysts Forecast Growth

Several research firms have recently commented on NTNX. Needham & Company LLC reduced their price target on shares of Nutanix from $92.00 to $80.00 and set a “buy” rating for the company in a research report on Thursday, August 28th. Susquehanna boosted their price objective on Nutanix from $90.00 to $95.00 and gave the company a “positive” rating in a research note on Thursday, May 29th. Wall Street Zen downgraded Nutanix from a “strong-buy” rating to a “buy” rating in a research note on Monday, June 30th. Raymond James Financial downgraded Nutanix from an “outperform” rating to a “market perform” rating in a research note on Tuesday, May 20th. Finally, Citigroup upgraded Nutanix to a “positive” rating in a research note on Tuesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $89.07.

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.