Forsta AP Fonden grew its holdings in shares of Nutanix (NASDAQ:NTNX – Free Report) by 42.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 165,800 shares of the technology company’s stock after purchasing an additional 49,200 shares during the period. Forsta AP Fonden owned about 0.06% of Nutanix worth $12,674,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in NTNX. Earned Wealth Advisors LLC increased its stake in Nutanix by 3.8% during the 2nd quarter. Earned Wealth Advisors LLC now owns 3,915 shares of the technology company’s stock worth $299,000 after buying an additional 142 shares during the period. SBI Securities Co. Ltd. boosted its position in Nutanix by 6.4% in the 2nd quarter. SBI Securities Co. Ltd. now owns 2,453 shares of the technology company’s stock valued at $188,000 after buying an additional 148 shares during the period. Farther Finance Advisors LLC grew its stake in shares of Nutanix by 42.6% in the second quarter. Farther Finance Advisors LLC now owns 502 shares of the technology company’s stock worth $38,000 after acquiring an additional 150 shares in the last quarter. Simmons Bank increased its position in shares of Nutanix by 2.1% during the second quarter. Simmons Bank now owns 7,295 shares of the technology company’s stock worth $558,000 after acquiring an additional 150 shares during the period. Finally, Aaron Wealth Advisors LLC raised its stake in shares of Nutanix by 2.6% in the second quarter. Aaron Wealth Advisors LLC now owns 6,489 shares of the technology company’s stock valued at $496,000 after acquiring an additional 162 shares in the last quarter. Hedge funds and other institutional investors own 85.25% of the company’s stock.
Analysts Set New Price Targets
Several research firms recently commented on NTNX. Weiss Ratings reissued a “hold (c)” rating on shares of Nutanix in a research note on Wednesday, October 8th. Northland Securities set a $76.00 price objective on Nutanix in a research note on Thursday, October 9th. Needham & Company LLC lowered their price objective on Nutanix from $92.00 to $80.00 and set a “buy” rating for the company in a research report on Thursday, August 28th. Zacks Research raised shares of Nutanix from a “hold” rating to a “strong-buy” rating in a report on Monday, October 27th. Finally, Northland Capmk downgraded shares of Nutanix from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 9th. 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.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $87.67.
Nutanix Stock Performance
NTNX opened at $67.71 on Thursday. Nutanix has a one year low of $54.66 and a one year high of $83.36. The company has a market cap of $18.20 billion, a P/E ratio of 105.80, a PEG ratio of 6.55 and a beta of 0.54. The business’s 50-day simple moving average is $72.36 and its 200-day simple moving average is $73.41.
Nutanix (NASDAQ:NTNX – Get Free Report) last announced its quarterly earnings results 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 firm had revenue of $653.27 million during the quarter, compared to the consensus estimate 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 prior year, the company posted $0.27 earnings per share. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, analysts predict that Nutanix will post 0.31 earnings per share for the current fiscal year.
Insider Activity at Nutanix
In other Nutanix news, Director Teresa Gayle Sheppard sold 3,500 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $76.48, for a total transaction of $267,680.00. Following the transaction, the director owned 22,400 shares of the company’s stock, valued at approximately $1,713,152. This trade represents 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, CFO Rukmini Sivaraman sold 11,391 shares of Nutanix stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $78.34, for a total value 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 trade represents a 4.28% 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 in the last ninety days. Insiders own 2.40% of the company’s stock.
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.
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