Bridges Investment Management Inc. Invests $221,000 in Nutanix $NTNX

Bridges Investment Management Inc. bought a new stake in shares of Nutanix (NASDAQ:NTNX) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,889 shares of the technology company’s stock, valued at approximately $221,000.

Other institutional investors have also bought and sold shares of the company. Twin Tree Management LP bought a new position in Nutanix during the 1st quarter valued at $29,000. GW&K Investment Management LLC purchased a new stake in shares of Nutanix in the first quarter valued at about $30,000. SouthState Corp purchased a new stake in shares of Nutanix in the first quarter valued at about $32,000. Fifth Third Bancorp lifted its position in shares of Nutanix by 98.4% during the first quarter. Fifth Third Bancorp now owns 504 shares of the technology company’s stock valued at $35,000 after purchasing an additional 250 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in Nutanix by 42.6% during the second quarter. Farther Finance Advisors LLC now owns 502 shares of the technology company’s stock worth $38,000 after purchasing an additional 150 shares during the last quarter. Institutional investors own 85.25% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on NTNX. The Goldman Sachs Group assumed coverage on shares of Nutanix in a research report on Tuesday, July 15th. They set a “buy” rating and a $95.00 target price on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Nutanix in a report on Wednesday, October 8th. JPMorgan Chase & Co. cut their price objective on Nutanix from $90.00 to $81.00 and set an “overweight” rating on the stock in a research report on Thursday, August 28th. Bank of America decreased their target price on Nutanix from $95.00 to $93.00 and set a “buy” rating for the company in a research report on Thursday, August 28th. Finally, Wells Fargo & Company lowered their target price on Nutanix from $85.00 to $71.00 and set an “equal weight” rating on the stock in a research note on Thursday, August 28th. Fourteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Nutanix has a consensus rating of “Moderate Buy” and an average target price of $87.67.

Nutanix Price Performance

Shares of NASDAQ NTNX opened at $67.66 on Friday. The stock has a market capitalization of $18.19 billion, a PE ratio of 105.72, a P/E/G ratio of 6.42 and a beta of 0.51. Nutanix has a one year low of $54.66 and a one year high of $83.36. The business’s fifty day moving average price is $71.95 and its 200-day moving average price is $72.36.

Nutanix (NASDAQ:NTNX) last announced its quarterly earnings data on Wednesday, August 27th. The technology company reported $0.37 earnings per share (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 firm’s quarterly revenue was up 19.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.27 EPS. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, equities analysts expect that Nutanix will post 0.31 EPS for the current fiscal year.

Insider Activity at Nutanix

In other Nutanix news, CFO Rukmini Sivaraman sold 11,391 shares of the stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $78.34, for a total transaction of $892,370.94. Following 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Teresa Gayle Sheppard sold 3,500 shares of the firm’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $76.48, for a total value 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 ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 159,598 shares of company stock worth $12,218,560. 6.80% of the stock is owned by corporate insiders.

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.