19 hours Ago By Defense World Staff
Empowered Funds LLC lowered its position in shares of Nutanix, Inc. ( NASDAQ:NTNX – Free Report ) by 93.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission.
The institutional investor owned 5,544 shares of the technology company’s stock after selling 74,358 shares during the period. Empowered Funds LLC’s holdings in Nutanix were worth $339,000 as of its most recent SEC filing. Other hedge funds and other institutional investors have also bought and sold shares of the company.
Larson Financial Group LLC grew its position in shares of Nutanix by 122.7% during the 3rd quarter. Larson Financial Group LLC now owns 510 shares of the technology company’s stock valued at $30,000 after purchasing an additional 281 shares in the last quarter.
Advisors Asset Management Inc. boosted its stake in Nutanix by 150.7% during the third quarter.
Advisors Asset Management Inc. now owns 534 shares of the technology company’s stock valued at $32,000 after buying an additional 321 shares during the period. Versant Capital Management Inc grew its position in Nutanix by 587.
7% during the fourth quarter. Versant Capital Management Inc now owns 729 shares of the technology company’s stock worth $45,000 after buying an additional 623 shares in the last quarter. Berbice Capital Management LLC bought a new position in Nutanix in the 4th quarter worth about $49,000.
Finally, Signaturefd LLC raised its holdings in shares of Nutanix by 57.8% in the 3rd quarter. Signaturefd LLC now owns 956 shares of the technology company’s stock valued at $57,000 after acquiring an additional 350 shares in the last quarter.
Institutional investors own 85.25% of the company’s stock. Analyst Ratings Changes NTNX has been the subject of several recent analyst reports.
Raymond James cut their price objective on Nutanix from $83.00 to $76.00 and set an “outperform” rating for the company in a report on Friday, January 17th.
Barclays boosted their price target on shares of Nutanix from $75.00 to $87.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 27th.
Morgan Stanley raised their price objective on shares of Nutanix from $78.00 to $85.00 and gave the company an “overweight” rating in a research report on Tuesday, December 17th.
Oppenheimer assumed coverage on shares of Nutanix in a research report on Wednesday, November 13th. They issued an “outperform” rating and a $80.00 target price for the company.
Finally, UBS Group assumed coverage on Nutanix in a research report on Thursday, December 12th. They set a “buy” rating and a $81.00 price target on the stock.
Three equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat.com, Nutanix presently has an average rating of “Moderate Buy” and a consensus target price of $79.
50. Insider Activity In related news, CFO Rukmini Sivaraman sold 11,810 shares of the firm’s stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $66.
63, for a total value of $786,900.30. Following the sale, the chief financial officer now directly owns 190,882 shares of the company’s stock, valued at $12,718,467.
66. This trade represents a 5.83 % decrease in their ownership of the stock.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link . Also, CEO Rajiv Ramaswami sold 95,852 shares of the company’s stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $70.
00, for a total value of $6,709,640.00. Following the transaction, the chief executive officer now directly owns 540,463 shares of the company’s stock, valued at $37,832,410.
The trade was a 15.06 % decrease in their position. The disclosure for this sale can be found here .
Over the last 90 days, insiders sold 177,917 shares of company stock valued at $12,114,781. 6.80% of the stock is currently owned by company insiders.
Nutanix Price Performance Shares of NTNX stock opened at $72.09 on Friday. The business has a 50-day moving average of $66.
17 and a 200 day moving average of $63.17. Nutanix, Inc.
has a 1-year low of $43.35 and a 1-year high of $75.80.
The stock has a market capitalization of $19.32 billion, a PE ratio of -205.97, a P/E/G ratio of 11.
82 and a beta of 1.17. Nutanix Company Profile ( Free Report ) 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. Featured Articles Five stocks we like better than Nutanix Stock Splits, Do They Really Impact Investors? Ray Dalio’s Bridgewater Loaded Up on These Stocks in Q4 2024 3 Dividend Kings To Consider Walmart Faces Tariff Headwinds, Consumer Trends Remain Positive Most Volatile Stocks, What Investors Need to Know Tesla: 2 Reasons to Buy, 1 Reason to Run Receive News & Ratings for Nutanix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nutanix and related companies with MarketBeat.
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