Nutanix (NASDAQ:NTNX) CEO Sells $11,058,508.94 in Stock

Nutanix (NASDAQ:NTNX) CEO Rajiv Ramaswami sold 144,707 shares of the stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $76.42, for a total transaction of $11,058,508.94. Following the completion of the transaction, the chief executive officer directly owned 524,608 shares in the company, valued at approximately $40,090,543.36. This represents a 21.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Nutanix Trading Down 0.9%

NASDAQ NTNX opened at $76.22 on Friday. The company has a market cap of $20.43 billion, a price-to-earnings ratio of 119.10, a PEG ratio of 7.44 and a beta of 0.51. Nutanix has a 1-year low of $54.66 and a 1-year high of $83.36. The company has a 50 day moving average of $72.94 and a 200-day moving average of $72.58.

Nutanix (NASDAQ:NTNX) last issued its earnings results on Wednesday, August 27th. The technology company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.06. The firm had revenue of $653.27 million for 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 company’s revenue was up 19.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.27 EPS. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. On average, equities research analysts forecast that Nutanix will post 0.31 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Swedbank AB bought a new stake in shares of Nutanix during the 1st quarter valued at about $1,642,000. Silverberg Bernstein Capital Management LLC increased its holdings in Nutanix by 61.6% during the second quarter. Silverberg Bernstein Capital Management LLC now owns 37,893 shares of the technology company’s stock valued at $2,897,000 after buying an additional 14,438 shares during the last quarter. OMNI 360 Wealth Inc. bought a new position in Nutanix in the second quarter worth approximately $265,000. Inspire Investing LLC boosted its stake in shares of Nutanix by 43.1% during the 1st quarter. Inspire Investing LLC now owns 41,472 shares of the technology company’s stock worth $2,895,000 after acquiring an additional 12,489 shares during the last quarter. Finally, Assenagon Asset Management S.A. increased its stake in shares of Nutanix by 69.7% in the 1st quarter. Assenagon Asset Management S.A. now owns 39,873 shares of the technology company’s stock worth $2,784,000 after purchasing an additional 16,374 shares in the last quarter. Institutional investors own 85.25% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on NTNX. Wall Street Zen downgraded shares of Nutanix from a “strong-buy” rating to a “buy” rating in a report on Monday, June 30th. Weiss Ratings restated a “hold (c)” rating on shares of Nutanix in a research note on Saturday, September 27th. Bank of America cut their price objective on shares of Nutanix from $95.00 to $93.00 and set a “buy” rating for the company in a report on Thursday, August 28th. KeyCorp began coverage on shares of Nutanix in a research report on Thursday, June 26th. They issued an “overweight” rating and a $95.00 price objective for the company. Finally, Barclays decreased their target price on Nutanix from $94.00 to $82.00 and set an “overweight” rating on the stock in a research note on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $89.07.

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.