Nutanix Inc. (NASDAQ:NTNX) President Sudheesh Nair Vadakkedath sold 25,000 shares of the company’s stock in a transaction on Monday, September 11th. The shares were sold at an average price of $21.82, for a total transaction of $545,500.00. Following the sale, the president now directly owns 110,519 shares in the company, valued at approximately $2,411,524.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Sudheesh Nair Vadakkedath also recently made the following trade(s):

  • On Tuesday, September 12th, Sudheesh Nair Vadakkedath sold 25,000 shares of Nutanix stock. The shares were sold at an average price of $21.99, for a total transaction of $549,750.00.
  • On Wednesday, September 13th, Sudheesh Nair Vadakkedath sold 75,000 shares of Nutanix stock. The shares were sold at an average price of $21.88, for a total transaction of $1,641,000.00.

Nutanix Inc. (NASDAQ:NTNX) traded down 0.28% during mid-day trading on Thursday, hitting $21.43. 893,431 shares of the stock were exchanged. The firm’s market cap is $3.27 billion. Nutanix Inc. has a 12-month low of $21.21 and a 12-month high of $46.78. The company has a 50 day moving average of $22.00 and a 200 day moving average of $26.99.

Nutanix (NASDAQ:NTNX) last announced its quarterly earnings data on Thursday, August 31st. The technology company reported ($0.33) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.38) by $0.05. Nutanix had a negative return on equity of 248.46% and a negative net margin of 59.72%. The business had revenue of $226.10 million during the quarter, compared to the consensus estimate of $216.00 million. The firm’s quarterly revenue was up 61.7% on a year-over-year basis. On average, equities analysts anticipate that Nutanix Inc. will post ($0.96) earnings per share for the current fiscal year.

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A number of research firms recently issued reports on NTNX. Piper Jaffray Companies set a $27.00 price target on shares of Nutanix and gave the company a “buy” rating in a research note on Saturday, May 27th. Maxim Group reaffirmed a “buy” rating and set a $41.00 price target on shares of Nutanix in a research note on Saturday, June 3rd. BTIG Research reaffirmed a “neutral” rating on shares of Nutanix in a research note on Monday, July 3rd. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $34.00 price target on shares of Nutanix in a research note on Friday, June 30th. Finally, Jefferies Group LLC began coverage on shares of Nutanix in a research note on Thursday, August 17th. They set a “buy” rating and a $30.00 price target on the stock. One analyst has rated the stock with a sell rating, five have assigned a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $30.69.

Several institutional investors have recently made changes to their positions in the company. Tenzing Global Management LLC grew its position in shares of Nutanix by 7.1% during the first quarter. Tenzing Global Management LLC now owns 75,000 shares of the technology company’s stock worth $1,408,000 after buying an additional 5,000 shares in the last quarter. Quantbot Technologies LP grew its position in shares of Nutanix by 66.5% during the first quarter. Quantbot Technologies LP now owns 14,202 shares of the technology company’s stock worth $266,000 after buying an additional 5,673 shares in the last quarter. United Capital Financial Advisers LLC grew its position in shares of Nutanix by 7.1% during the first quarter. United Capital Financial Advisers LLC now owns 109,243 shares of the technology company’s stock worth $2,050,000 after buying an additional 7,255 shares in the last quarter. Washington Capital Management Inc. grew its position in shares of Nutanix by 66.7% during the second quarter. Washington Capital Management Inc. now owns 20,000 shares of the technology company’s stock worth $403,000 after buying an additional 8,000 shares in the last quarter. Finally, Public Employees Retirement System of Ohio grew its position in shares of Nutanix by 6.3% during the second quarter. Public Employees Retirement System of Ohio now owns 135,605 shares of the technology company’s stock worth $2,732,000 after buying an additional 8,066 shares in the last quarter. 32.20% of the stock is owned by institutional investors and hedge funds.

Nutanix Company Profile

Nutanix, Inc is a United States-based company, which provides an enterprise cloud platform that converges silos of server, virtualization and storage into an integrated solution. The Company’s enterprise cloud platform connects to public cloud services. It has operations in the United States; Europe, the Middle East and Africa; Asia-Pacific, and Other Americas.

Insider Buying and Selling by Quarter for Nutanix (NASDAQ:NTNX)

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