BTIG Research restated their neutral rating on shares of Nutanix Inc (NASDAQ:NTNX) in a research note published on Monday morning.

NTNX has been the topic of several other reports. Goldman Sachs Group Inc. assumed coverage on shares of Nutanix in a research note on Tuesday, October 25th. They set a neutral rating and a $30.00 price target on the stock. Robert W. Baird assumed coverage on shares of Nutanix in a research note on Tuesday, October 25th. They set an outperform rating and a $37.00 price target on the stock. Credit Suisse Group AG reissued an outperform rating and set a $38.00 price target on shares of Nutanix in a research note on Tuesday, November 15th. Maxim Group assumed coverage on shares of Nutanix in a research note on Friday, September 30th. They set a buy rating and a $40.00 price target on the stock. Finally, Stifel Nicolaus began coverage on shares of Nutanix in a research note on Tuesday, October 25th. They set a hold rating and a $35.00 price target on the stock. One analyst has rated the stock with a sell rating, six have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. Nutanix presently has an average rating of Buy and a consensus price target of $36.26.

Nutanix (NASDAQ:NTNX) opened at 33.34 on Monday. The firm’s market cap is $1.54 billion. The firm’s 50-day moving average is $29.71 and its 200 day moving average is $30.98. Nutanix has a 12-month low of $23.11 and a 12-month high of $46.78.

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In other news, major shareholder Canada Pension Plan Investment acquired 584,093 shares of the stock in a transaction on Thursday, October 27th. The stock was acquired at an average price of $28.13 per share, with a total value of $16,430,536.09. Following the completion of the transaction, the insider now owns 2,210,807 shares of the company’s stock, valued at approximately $62,190,000.91. The purchase was disclosed in a document filed with the SEC, which is accessible through this link.

A number of institutional investors have recently made changes to their positions in the stock. Picton Mahoney Asset Management purchased a new position in shares of Nutanix during the third quarter valued at approximately $185,000. BlackRock Investment Management LLC purchased a new position in shares of Nutanix during the third quarter valued at approximately $195,000. Mark Asset Management Corp purchased a new position in shares of Nutanix during the third quarter valued at approximately $222,000. TD Asset Management Inc. purchased a new position in shares of Nutanix during the third quarter valued at approximately $259,000. Finally, SG Americas Securities LLC purchased a new position in shares of Nutanix during the third quarter valued at approximately $282,000.

Nutanix Company Profile

Nutanix, Inc (Nutanix) provides an enterprise cloud platform that converges silos of server, virtualization and storage into one integrated solution and connects to public cloud services. The Company’s software-driven platform delivers the scalability and pay-as-you-grow economics of the public cloud, while addressing enterprise requirements of application mobility, security, data integrity and control.

5 Day Chart for NASDAQ:NTNX

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