Nutanix $NTNX Stake Increased by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Nutanix (NASDAQ:NTNX) by 8.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 213,660 shares of the technology company’s stock after acquiring an additional 16,283 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.08% of Nutanix worth $16,332,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Jericho Capital Asset Management L.P. increased its position in shares of Nutanix by 46.8% in the 1st quarter. Jericho Capital Asset Management L.P. now owns 4,102,993 shares of the technology company’s stock worth $286,430,000 after purchasing an additional 1,308,357 shares during the last quarter. AQR Capital Management LLC grew 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 acquiring an additional 1,426,049 shares during the last quarter. Nordea Investment Management AB increased its stake in shares of Nutanix by 10.0% in the second quarter. Nordea Investment Management AB now owns 2,924,167 shares of the technology company’s stock valued at $224,868,000 after purchasing an additional 266,512 shares during the period. Federated Hermes Inc. boosted its position in Nutanix by 21.2% during the 1st quarter. Federated Hermes Inc. now owns 2,423,978 shares of the technology company’s stock worth $169,218,000 after acquiring an additional 423,249 shares during the period. Finally, Northern Trust Corp increased its stake in Nutanix by 19.6% during the 1st quarter. Northern Trust Corp now owns 1,778,753 shares of the technology company’s stock valued at $124,175,000 after buying an additional 291,188 shares during the period. 85.25% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on NTNX shares. Barclays decreased their target price on Nutanix from $94.00 to $82.00 and set an “overweight” rating for the company in a research note on Thursday, August 28th. The Goldman Sachs Group began coverage on Nutanix in a research note on Tuesday, July 15th. They set a “buy” rating and a $95.00 target price on the stock. JPMorgan Chase & Co. dropped their target price on Nutanix from $90.00 to $81.00 and set an “overweight” rating on the stock in a research report on Thursday, August 28th. Northland Capmk downgraded shares of Nutanix from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 9th. Finally, Wells Fargo & Company dropped their target price on shares of Nutanix from $85.00 to $71.00 and set an “equal weight” rating on the stock in a report on Thursday, August 28th. One investment 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’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $87.67.

Insider Activity

In other news, Director Teresa Gayle Sheppard sold 3,500 shares of the business’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $76.48, for a total transaction of $267,680.00. Following the completion of the sale, the director owned 22,400 shares in the company, valued at $1,713,152. The trade was a 13.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Rajiv Ramaswami sold 144,707 shares of the company’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $76.42, for a total value of $11,058,508.94. Following the transaction, 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 159,598 shares of company stock valued at $12,218,560 over the last three months. 2.40% of the stock is owned by insiders.

Nutanix Stock Performance

Nutanix stock opened at $68.55 on Wednesday. The business’s fifty day moving average is $72.37 and its two-hundred day moving average is $73.45. The firm has a market cap of $18.43 billion, a P/E ratio of 107.11, a P/E/G ratio of 6.55 and a beta of 0.54. 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 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. The business had revenue of $653.27 million for the quarter, compared to the consensus estimate of $642.48 million. Nutanix had a net margin of 7.42% and a negative return on equity of 28.01%. The firm’s quarterly revenue was up 19.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.27 EPS. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. On average, equities research analysts predict that Nutanix will post 0.31 earnings per share for the current year.

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.