Venturi Wealth Management LLC Purchases 935 Shares of Nutanix $NTNX

Venturi Wealth Management LLC increased its position in Nutanix (NASDAQ:NTNX) by 25.7% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 4,567 shares of the technology company’s stock after acquiring an additional 935 shares during the quarter. Venturi Wealth Management LLC’s holdings in Nutanix were worth $349,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of NTNX. AQR Capital Management LLC grew its holdings in shares of Nutanix by 65.5% in the first quarter. AQR Capital Management LLC now owns 3,604,005 shares of the technology company’s stock worth $246,874,000 after acquiring an additional 1,426,049 shares during the period. Jericho Capital Asset Management L.P. grew its holdings 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 acquiring an additional 1,308,357 shares during the period. Nuveen LLC bought a new stake in shares of Nutanix in the first quarter worth $86,949,000. Perpetual Ltd grew its holdings in shares of Nutanix by 10,205.2% in the first quarter. Perpetual Ltd now owns 875,946 shares of the technology company’s stock worth $61,150,000 after acquiring an additional 867,446 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of Nutanix by 4,832.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 506,418 shares of the technology company’s stock worth $35,353,000 after acquiring an additional 496,150 shares during the period. Institutional investors own 85.25% of the company’s stock.

Insider Transactions at Nutanix

In other 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 value of $267,680.00. Following the sale, the director directly owned 22,400 shares of the company’s stock, valued at approximately $1,713,152. The trade was a 13.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Rajiv Ramaswami sold 144,707 shares of Nutanix stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $76.42, for a total value of $11,058,508.94. Following the completion of the sale, the chief executive officer directly owned 524,608 shares in the company, valued at $40,090,543.36. This trade represents a 21.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 159,598 shares of company stock valued at $12,218,560. 6.80% of the stock is currently owned by insiders.

Nutanix Stock Down 0.6%

NASDAQ:NTNX opened at $68.34 on Friday. The business’s 50-day simple moving average is $72.51 and its two-hundred day simple moving average is $72.48. The stock has a market cap of $18.37 billion, a PE ratio of 106.78, a P/E/G ratio of 6.62 and a beta of 0.51. Nutanix has a 52 week low of $54.66 and a 52 week high of $83.36.

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

Wall Street Analyst Weigh In

NTNX has been the topic of several analyst reports. The Goldman Sachs Group initiated coverage on Nutanix in a research report on Tuesday, July 15th. They set a “buy” rating and a $95.00 target price on the stock. Wall Street Zen downgraded Nutanix from a “strong-buy” rating to a “buy” rating in a research report on Monday, June 30th. Northland Capmk downgraded Nutanix from a “strong-buy” rating to a “hold” rating in a research report on Thursday. KeyCorp initiated coverage on Nutanix in a research report on Thursday, June 26th. They set an “overweight” rating and a $95.00 target price on the stock. Finally, Citigroup upgraded Nutanix to a “positive” rating in a research report on Tuesday, August 5th. Fourteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Nutanix presently has an average rating of “Moderate Buy” and an average target price of $87.67.

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.