4 hours Ago By Defense World Staff
Nutanix, Inc. ( NASDAQ:NTNX – Get Free Report ) has been assigned an average rating of “Moderate Buy” from the sixteen brokerages that are presently covering the stock, MarketBeat.com reports.
Three equities research analysts have rated the stock with a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $78.87.
Several research analysts recently weighed in on NTNX shares. Piper Sandler boosted their price target on shares of Nutanix from $77.00 to $83.
00 and gave the stock an “overweight” rating in a report on Wednesday, November 27th. Raymond James cut their price objective on Nutanix from $83.00 to $76.
00 and set an “outperform” rating on the stock in a research report on Friday, January 17th. StockNews.com lowered Nutanix from a “strong-buy” rating to a “buy” rating in a research report on Sunday.
Barclays increased their price target on shares of Nutanix from $75.00 to $87.00 and gave the company an “overweight” rating in a research report on Wednesday, November 27th.
Finally, Needham & Company LLC lifted their price objective on shares of Nutanix from $80.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th.
View Our Latest Stock Report on NTNX Insider Buying and Selling Institutional Inflows and Outflows A number of hedge funds have recently bought and sold shares of NTNX. Bain Capital Investors LLC purchased a new position in shares of Nutanix during the 3rd quarter worth approximately $998,601,000. Champlain Investment Partners LLC grew its holdings in shares of Nutanix by 3.
7% during the third quarter. Champlain Investment Partners LLC now owns 5,989,319 shares of the technology company’s stock valued at $354,867,000 after buying an additional 215,363 shares during the last quarter. Geode Capital Management LLC raised its holdings in Nutanix by 0.
5% in the 3rd quarter. Geode Capital Management LLC now owns 4,147,126 shares of the technology company’s stock worth $245,968,000 after acquiring an additional 22,091 shares during the last quarter. Jacobs Levy Equity Management Inc.
boosted its stake in Nutanix by 15.3% during the 3rd quarter. Jacobs Levy Equity Management Inc.
now owns 2,816,647 shares of the technology company’s stock valued at $166,886,000 after purchasing an additional 374,328 shares during the last quarter. Finally, Two Sigma Advisers LP lifted its stake in Nutanix by 32.8% during the 3rd quarter.
Two Sigma Advisers LP now owns 2,814,002 shares of the technology company’s stock valued at $166,730,000 after acquiring an additional 695,567 shares during the period. Hedge funds and other institutional investors own 85.25% of the company’s stock.
Nutanix Stock Performance Shares of NTNX opened at $68.76 on Friday. The firm has a market capitalization of $18.
42 billion, a P/E ratio of -196.46, a P/E/G ratio of 11.09 and a beta of 1.
16. Nutanix has a 52 week low of $43.35 and a 52 week high of $75.
80. The stock has a 50 day moving average price of $65.22 and a two-hundred day moving average price of $61.
10. Nutanix Company Profile ( Get 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. Recommended Stories Five stocks we like better than Nutanix NYSE Stocks Give Investors a Variety of Quality Options ServiceNow Stock Slips, But AI Expansion Signals Long-Term Gains Using the MarketBeat Stock Split Calculator Microsoft and Meta’s AI Investment Plans Are Full Steam Ahead What Are the FAANG Stocks and Are They Good Investments? Beyond Self-Driving Cars: Factory Automation Takes Center Stage 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.com's FREE daily email newsletter .
.
