Capula Management Ltd Takes Position in Nutanix $NTNX

Capula Management Ltd bought a new position in Nutanix (NASDAQ:NTNX) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 19,800 shares of the technology company’s stock, valued at approximately $1,473,000.

Several other hedge funds also recently made changes to their positions in NTNX. SJS Investment Consulting Inc. raised its holdings in Nutanix by 3,122.7% during the 3rd quarter. SJS Investment Consulting Inc. now owns 709 shares of the technology company’s stock valued at $53,000 after buying an additional 687 shares during the last quarter. Itau Unibanco Holding S.A. grew its holdings in Nutanix by 33.0% in the 2nd quarter. Itau Unibanco Holding S.A. now owns 749 shares of the technology company’s stock worth $57,000 after acquiring an additional 186 shares during the last quarter. Optiver Holding B.V. bought a new stake in Nutanix in the 3rd quarter worth $68,000. Wilmington Savings Fund Society FSB increased its position in shares of Nutanix by 135.3% in the third quarter. Wilmington Savings Fund Society FSB now owns 1,059 shares of the technology company’s stock valued at $79,000 after acquiring an additional 609 shares during the period. Finally, Smartleaf Asset Management LLC increased its position in shares of Nutanix by 31.2% in the third quarter. Smartleaf Asset Management LLC now owns 1,223 shares of the technology company’s stock valued at $94,000 after acquiring an additional 291 shares during the period. 85.25% of the stock is owned by hedge funds and other institutional investors.

Nutanix Stock Performance

NTNX stock opened at $39.29 on Friday. Nutanix has a fifty-two week low of $35.39 and a fifty-two week high of $83.36. The business’s 50 day moving average price is $42.64 and its two-hundred day moving average price is $56.62. The company has a market capitalization of $10.62 billion, a price-to-earnings ratio of 42.71, a price-to-earnings-growth ratio of 4.20 and a beta of 0.49.

Nutanix (NASDAQ:NTNX) last announced its earnings results on Wednesday, February 25th. The technology company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.12. The firm had revenue of $722.83 million during the quarter, compared to analyst estimates of $709.83 million. Nutanix had a negative return on equity of 37.41% and a net margin of 9.95%.The business’s revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.47 EPS. Sell-side analysts forecast that Nutanix will post 0.31 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. KeyCorp dropped their target price on shares of Nutanix from $95.00 to $65.00 and set an “overweight” rating for the company in a report on Wednesday, November 26th. Barclays reduced their price target on Nutanix from $53.00 to $47.00 and set an “equal weight” rating on the stock in a report on Thursday, February 26th. Northland Securities lowered their price target on Nutanix from $76.00 to $53.00 and set a “market perform” rating for the company in a research report on Wednesday, November 26th. Morgan Stanley dropped their price objective on Nutanix from $62.00 to $56.00 and set an “equal weight” rating for the company in a report on Tuesday, February 24th. Finally, The Goldman Sachs Group cut their price objective on Nutanix from $75.00 to $60.00 and set a “buy” rating on the stock in a research report on Monday, February 9th. Eleven analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $62.43.

Nutanix Company Profile

Nutanix, Inc is an enterprise cloud computing company that develops software to simplify the deployment and management of datacenter infrastructure. Founded in 2009 and headquartered in San Jose, California, Nutanix is best known for pioneering hyperconverged infrastructure (HCI), an approach that integrates compute, storage and virtualization into a single software-defined platform aimed at reducing complexity and operational overhead in private and hybrid cloud environments.

The company’s product portfolio centers on the Nutanix Cloud Platform, which includes its core AOS software for HCI, Prism for infrastructure management and automation, and a suite of additional services such as Calm for application automation, Files and Volumes for file and block services, Karbon for Kubernetes orchestration, and Era for database management.