Nutanix $NTNX Shares Acquired by Katamaran Capital LLP

Katamaran Capital LLP grew its holdings in Nutanix (NASDAQ:NTNX) by 270.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 86,094 shares of the technology company’s stock after purchasing an additional 62,825 shares during the period. Nutanix makes up 3.4% of Katamaran Capital LLP’s investment portfolio, making the stock its 14th largest position. Katamaran Capital LLP’s holdings in Nutanix were worth $4,450,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of NTNX. V Square Quantitative Management LLC acquired a new position in shares of Nutanix in the 4th quarter valued at $39,000. Optiver Holding B.V. acquired a new position in shares of Nutanix in the 3rd quarter valued at $68,000. Wilmington Savings Fund Society FSB lifted its stake in shares of Nutanix by 135.3% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 1,059 shares of the technology company’s stock valued at $79,000 after purchasing an additional 609 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of Nutanix by 31.2% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,223 shares of the technology company’s stock valued at $94,000 after purchasing an additional 291 shares during the last quarter. Finally, Hantz Financial Services Inc. lifted its stake in shares of Nutanix by 673.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,478 shares of the technology company’s stock valued at $110,000 after purchasing an additional 1,287 shares during the last quarter. Institutional investors and hedge funds own 85.25% of the company’s stock.

Nutanix Stock Performance

NTNX opened at $46.00 on Monday. The stock’s 50-day moving average price is $39.83 and its 200 day moving average price is $47.90. Nutanix has a 12-month low of $34.01 and a 12-month high of $83.36. The firm has a market cap of $12.20 billion, a price-to-earnings ratio of 50.00, a PEG ratio of 5.14 and a beta of 0.54.

Nutanix (NASDAQ:NTNX) last posted its earnings results on Wednesday, February 25th. The technology company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.12. Nutanix had a negative return on equity of 37.41% and a net margin of 9.95%.The firm had revenue of $722.83 million for the quarter, compared to analyst estimates of $709.83 million. During the same quarter in the prior year, the company earned $0.47 EPS. Nutanix’s revenue was up 10.4% on a year-over-year basis. On average, research analysts forecast that Nutanix will post 0.56 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have recently commented on NTNX. Needham & Company LLC decreased their price target on Nutanix from $65.00 to $55.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Piper Sandler decreased their price target on Nutanix from $72.00 to $63.00 and set an “overweight” rating on the stock in a research note on Thursday, February 26th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $44.00 target price on shares of Nutanix in a research note on Friday, April 10th. UBS Group increased their target price on Nutanix from $57.00 to $60.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $55.00 target price on shares of Nutanix in a research note on Wednesday, April 8th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $60.87.

Nutanix Company Profile

Nutanix, Inc is an enterprise cloud computing company that develops software to simplify the deployment and management of datacenter infrastructure. Founded in 2009 and headquartered in San Jose, California, Nutanix is best known for pioneering hyperconverged infrastructure (HCI), an approach that integrates compute, storage and virtualization into a single software-defined platform aimed at reducing complexity and operational overhead in private and hybrid cloud environments.

The company’s product portfolio centers on the Nutanix Cloud Platform, which includes its core AOS software for HCI, Prism for infrastructure management and automation, and a suite of additional services such as Calm for application automation, Files and Volumes for file and block services, Karbon for Kubernetes orchestration, and Era for database management.