Livforsakringsbolaget Skandia Omsesidigt Has $298,000 Stake in Nutanix $NTNX

Livforsakringsbolaget Skandia Omsesidigt raised its holdings in Nutanix (NASDAQ:NTNX) by 116.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,897 shares of the technology company’s stock after acquiring an additional 2,097 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Nutanix were worth $298,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Jericho Capital Asset Management L.P. grew its stake in 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 valued at $286,430,000 after acquiring an additional 1,308,357 shares during the period. AQR Capital Management LLC boosted its position 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 worth $246,874,000 after buying an additional 1,426,049 shares during the period. Federated Hermes Inc. boosted its position in shares of Nutanix by 21.2% during the first quarter. Federated Hermes Inc. now owns 2,423,978 shares of the technology company’s stock worth $169,218,000 after buying an additional 423,249 shares during the period. Northern Trust Corp boosted its position in shares of Nutanix by 19.6% during the first quarter. Northern Trust Corp now owns 1,778,753 shares of the technology company’s stock worth $124,175,000 after buying an additional 291,188 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Nutanix by 1.7% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,467,177 shares of the technology company’s stock worth $102,424,000 after buying an additional 24,372 shares during the period. 85.25% of the stock is owned by institutional investors and hedge funds.

Nutanix Stock Performance

NTNX opened at $77.09 on Friday. Nutanix has a 52-week low of $54.66 and a 52-week high of $83.36. The firm has a market capitalization of $20.67 billion, a PE ratio of 120.46, a PEG ratio of 7.52 and a beta of 0.59. The business’s 50-day simple moving average is $72.60 and its 200 day simple moving average is $72.14.

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, 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 for the quarter, compared to analyst estimates of $642.48 million. During the same quarter in the prior year, the company posted $0.27 earnings per share. Nutanix’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, research analysts forecast that Nutanix will post 0.31 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have recently weighed in on NTNX. Bank of America reduced their price objective on Nutanix from $95.00 to $93.00 and set a “buy” rating for the company in a research report on Thursday, August 28th. KeyCorp began coverage on Nutanix in a research report on Thursday, June 26th. They set an “overweight” rating and a $95.00 price objective for the company. The Goldman Sachs Group began coverage on Nutanix in a research report on Tuesday, July 15th. They set a “buy” rating and a $95.00 price objective for the company. JPMorgan Chase & Co. reduced their price objective on Nutanix from $90.00 to $81.00 and set an “overweight” rating for the company in a research report on Thursday, August 28th. Finally, 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 research report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $89.07.

Insider Activity

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 sale, the chief executive officer owned 518,561 shares in the company, valued at $38,892,075. This represents a 0.37% decrease in their ownership of the stock. The transaction 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 the company’s stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $78.34, for a total value of $892,370.94. Following the completion of the sale, the chief financial officer owned 254,637 shares in the company, valued at $19,948,262.58. This represents a 4.28% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 6.80% of the company’s stock.

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.