Burney Co. Buys 1,323 Shares of Nutanix $NTNX

Burney Co. increased its stake in shares of Nutanix (NASDAQ:NTNX) by 4.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,610 shares of the technology company’s stock after buying an additional 1,323 shares during the quarter. Burney Co.’s holdings in Nutanix were worth $2,187,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of NTNX. Twin Tree Management LP bought a new stake in Nutanix during the first quarter worth $29,000. GW&K Investment Management LLC bought a new stake in Nutanix during the first quarter worth $30,000. SouthState Corp bought a new position in Nutanix in the 1st quarter valued at $32,000. Farther Finance Advisors LLC grew its stake in Nutanix by 42.6% in the 2nd quarter. Farther Finance Advisors LLC now owns 502 shares of the technology company’s stock valued at $38,000 after purchasing an additional 150 shares during the period. Finally, V Square Quantitative Management LLC bought a new position in Nutanix in the 2nd quarter valued at $45,000. Institutional investors own 85.25% of the company’s stock.

Insider Buying and Selling at Nutanix

In other Nutanix news, CEO Rajiv Ramaswami sold 144,707 shares of the firm’s 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 sale, the chief executive officer owned 524,608 shares of the company’s stock, valued at $40,090,543.36. This trade represents a 21.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Rukmini Sivaraman sold 11,391 shares of the firm’s stock in a transaction dated 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 directly owned 254,637 shares in the company, valued at approximately $19,948,262.58. The trade was a 4.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 159,598 shares of company stock valued at $12,218,560 in the last 90 days. Corporate insiders own 2.40% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Northland Capmk downgraded Nutanix from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 9th. Northland Securities set a $76.00 price objective on Nutanix in a research note on Thursday, October 9th. 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 note on Thursday, August 28th. Weiss Ratings restated a “hold (c)” rating on shares of Nutanix in a research note on Wednesday, October 8th. Finally, 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 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Nutanix has an average rating of “Moderate Buy” and an average price target of $87.67.

Nutanix Stock Performance

Shares of NTNX opened at $71.16 on Tuesday. The stock’s 50-day simple moving average is $72.09 and its 200 day simple moving average is $73.15. The stock has a market capitalization of $19.13 billion, a price-to-earnings ratio of 111.19, a price-to-earnings-growth ratio of 6.55 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 issued its quarterly earnings data on Wednesday, August 27th. The technology company reported $0.37 earnings per share (EPS) for the quarter, topping 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% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.27 EPS. 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 fiscal year.

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.