Nordea Investment Management AB Lowers Position in Nutanix $NTNX

Nordea Investment Management AB decreased its stake in shares of Nutanix (NASDAQ:NTNX) by 2.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,864,846 shares of the technology company’s stock after selling 59,321 shares during the period. Nordea Investment Management AB owned 1.07% of Nutanix worth $216,296,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Farther Finance Advisors LLC grew its stake in shares of Nutanix by 42.6% during the 2nd quarter. Farther Finance Advisors LLC now owns 502 shares of the technology company’s stock valued at $38,000 after buying an additional 150 shares during the period. V Square Quantitative Management LLC acquired a new position in Nutanix in the second quarter valued at $45,000. SJS Investment Consulting Inc. grew its position in Nutanix by 3,122.7% during the third quarter. SJS Investment Consulting Inc. now owns 709 shares of the technology company’s stock valued at $53,000 after acquiring an additional 687 shares during the period. Itau Unibanco Holding S.A. grew its position in Nutanix by 33.0% during the second quarter. Itau Unibanco Holding S.A. now owns 749 shares of the technology company’s stock valued at $57,000 after acquiring an additional 186 shares during the period. Finally, Manchester Capital Management LLC increased its stake in Nutanix by 14.1% during the second quarter. Manchester Capital Management LLC now owns 1,374 shares of the technology company’s stock worth $105,000 after acquiring an additional 170 shares during the last quarter. Hedge funds and other institutional investors own 85.25% of the company’s stock.

Wall Street Analyst Weigh In

NTNX has been the topic of several research analyst reports. Bank of America reduced their price objective on Nutanix from $93.00 to $75.00 and set a “buy” rating on the stock in a research note on Wednesday, November 26th. Wells Fargo & Company cut their price target on shares of Nutanix from $71.00 to $57.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 26th. Morgan Stanley set a $62.00 price target on shares of Nutanix in a research report on Monday. Needham & Company LLC decreased their price objective on shares of Nutanix from $80.00 to $65.00 and set a “buy” rating for the company in a research note on Wednesday, November 26th. Finally, Oppenheimer began coverage on shares of Nutanix in a research note on Monday, November 17th. They issued an “outperform” rating and a $90.00 target price on the stock. Twelve investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $71.80.

Nutanix Trading Down 1.2%

NASDAQ NTNX opened at $52.61 on Wednesday. The stock has a market cap of $14.23 billion, a P/E ratio of 70.15, a PEG ratio of 5.66 and a beta of 0.49. The company’s fifty day simple moving average is $54.53 and its 200-day simple moving average is $66.19. Nutanix has a 52 week low of $46.12 and a 52 week high of $83.36.

Nutanix (NASDAQ:NTNX) last released its quarterly earnings results on Tuesday, November 25th. The technology company reported $0.41 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.41. Nutanix had a net margin of 8.43% and a negative return on equity of 32.95%. The business had revenue of $670.58 million during the quarter, compared to analyst estimates of $677.23 million. During the same period last year, the business earned $0.42 EPS. The business’s revenue was up 13.5% on a year-over-year basis. On average, research analysts expect that Nutanix will post 0.31 EPS for the current fiscal year.

Trending Headlines about Nutanix

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: Institutional/hedge-fund interest — Several pieces note that hedge funds and Wall Street remain constructive on Nutanix’s long-term position in software infrastructure, arguing near-term noise (analyst target trims, short-term misses) hasn’t shaken underlying demand. This supports a positive view for patient, growth-oriented investors. Why Wall Street Isn’t Losing Faith in Nutanix
• Neutral Sentiment: Market commentary / reassessment pieces — Analysts and financial media are publishing “reassess” and dip-explanation articles that may amplify short-term volatility but don’t add new company-specific catalysts. These help explain market moves but are not direct drivers of fundamentals. Is It Time To Reassess Nutanix After Recent Share Price Rebound?
• Neutral Sentiment: Short-interest data appears anomalous — January update shows an unusual/zero reported short-interest figure (likely a reporting anomaly). Current data does not indicate a meaningful build of short pressure, so short-squeeze risk appears minimal based on these figures.
• Negative Sentiment: Analyst downgrade from Morgan Stanley — Morgan Stanley cut Nutanix from Overweight to Equal Weight and trimmed its price target to $62 from $82, signaling reduced near-term conviction and pressuring sentiment. Analyst downgrades can weigh on shares and reduce momentum. Morgan Stanley downgrades Nutanix
• Negative Sentiment: Shareholder litigation notices — Two law firms (Pomerantz and Schall) are investigating potential claims against Nutanix, increasing legal/settlement risk and creating headline pressure that typically hurts sentiment until resolved. Pomerantz law firm investigation Schall law firm investigation

About Nutanix

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.