Nutanix Inc (NASDAQ:NTNX) EVP David Sangster sold 7,916 shares of the company’s stock in a transaction on Tuesday, September 4th. The stock was sold at an average price of $55.75, for a total value of $441,317.00. Following the completion of the sale, the executive vice president now directly owns 7,916 shares in the company, valued at $441,317. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

David Sangster also recently made the following trade(s):

  • On Wednesday, August 1st, David Sangster sold 7,917 shares of Nutanix stock. The stock was sold at an average price of $3,193.08, for a total value of $25,279,614.36.
  • On Monday, July 2nd, David Sangster sold 7,917 shares of Nutanix stock. The stock was sold at an average price of $51.62, for a total value of $408,675.54.
  • On Tuesday, June 19th, David Sangster sold 8,866 shares of Nutanix stock. The stock was sold at an average price of $61.21, for a total value of $542,687.86.

NASDAQ NTNX opened at $51.33 on Friday. Nutanix Inc has a 12 month low of $21.21 and a 12 month high of $64.87. The company has a debt-to-equity ratio of 1.19, a current ratio of 3.05 and a quick ratio of 3.05.

Nutanix (NASDAQ:NTNX) last released its earnings results on Thursday, August 30th. The technology company reported ($0.11) EPS for the quarter, topping analysts’ consensus estimates of ($0.48) by $0.37. Nutanix had a negative return on equity of 95.75% and a negative net margin of 25.72%. The firm had revenue of $303.75 million for the quarter, compared to analysts’ expectations of $298.30 million. sell-side analysts predict that Nutanix Inc will post -2.18 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. FMR LLC grew its stake in shares of Nutanix by 5.4% in the second quarter. FMR LLC now owns 17,727,613 shares of the technology company’s stock worth $914,213,000 after acquiring an additional 900,523 shares during the last quarter. BlackRock Inc. boosted its position in shares of Nutanix by 6.7% during the first quarter. BlackRock Inc. now owns 6,269,670 shares of the technology company’s stock valued at $307,903,000 after buying an additional 394,331 shares during the last quarter. Renaissance Technologies LLC boosted its position in shares of Nutanix by 14.7% during the second quarter. Renaissance Technologies LLC now owns 3,068,900 shares of the technology company’s stock valued at $158,263,000 after buying an additional 392,700 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Nutanix by 29.2% during the first quarter. JPMorgan Chase & Co. now owns 2,338,382 shares of the technology company’s stock valued at $114,838,000 after buying an additional 529,079 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its position in shares of Nutanix by 151.4% during the first quarter. Wells Fargo & Company MN now owns 1,215,168 shares of the technology company’s stock valued at $59,677,000 after buying an additional 731,841 shares during the last quarter. 49.41% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts recently weighed in on NTNX shares. Zacks Investment Research cut Nutanix from a “hold” rating to a “sell” rating in a research note on Friday, August 24th. Robert W. Baird reaffirmed a “buy” rating and issued a $64.00 price target on shares of Nutanix in a research note on Friday, May 25th. Jefferies Financial Group cut Nutanix from a “buy” rating to a “hold” rating and set a $30.00 price target on the stock. in a research note on Friday, August 17th. Oppenheimer upped their price target on Nutanix from $65.00 to $70.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 15th. Finally, FBN Securities upped their price target on Nutanix from $60.00 to $65.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 29th. One analyst has rated the stock with a sell rating, four have issued a hold rating and seventeen have issued a buy rating to the company’s stock. Nutanix presently has an average rating of “Buy” and an average target price of $59.00.

About Nutanix

Nutanix, Inc develops and provides an enterprise cloud operating system software. It offers enterprise applications, virtual desktop infrastructure, virtualization and cloud, big data, remote and branch office IT, and data protection and disaster recovery solutions; and hardware platforms and software options; and support and services.

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

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