Northland Capmk Downgrades Nutanix (NASDAQ:NTNX) to Hold

Nutanix (NASDAQ:NTNX) was downgraded by stock analysts at Northland Capmk from a “strong-buy” rating to a “hold” rating in a report released on Thursday,Zacks.com reports. Northland Capmk also issued estimates for Nutanix’s FY2027 earnings at $1.13 EPS.

A number of other research analysts also recently weighed in on NTNX. Citigroup upgraded Nutanix to a “positive” rating in a report on Tuesday, August 5th. KeyCorp initiated coverage on Nutanix in a report on Thursday, June 26th. They set an “overweight” rating and a $95.00 price target on the stock. Needham & Company LLC decreased their price target on shares of Nutanix from $92.00 to $80.00 and set a “buy” rating for the company in a report on Thursday, August 28th. Barclays decreased their price target on shares of Nutanix from $94.00 to $82.00 and set an “overweight” rating for the company in a report on Thursday, August 28th. Finally, Bank of America decreased their price target on shares of Nutanix from $95.00 to $93.00 and set a “buy” rating for the company in a report on Thursday, August 28th. Fourteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Nutanix currently has a consensus rating of “Moderate Buy” and a consensus target price of $87.67.

Nutanix Price Performance

NTNX stock opened at $68.34 on Thursday. Nutanix has a 52-week low of $54.66 and a 52-week high of $83.36. The company’s 50 day simple moving average is $72.51 and its 200-day simple moving average is $72.48. The firm has a market capitalization of $18.37 billion, a P/E ratio of 106.78, a P/E/G ratio of 6.62 and a beta of 0.51.

Nutanix (NASDAQ:NTNX) last released its quarterly earnings results on Wednesday, August 27th. The technology company reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.06. Nutanix had a net margin of 7.42% and a negative return on equity of 28.01%. The business had revenue of $653.27 million for the quarter, compared to analyst estimates of $642.48 million. During the same quarter in the previous year, the business earned $0.27 earnings per share. The firm’s revenue was up 19.2% compared to the same quarter last year. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. Sell-side analysts predict that Nutanix will post 0.31 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Teresa Gayle Sheppard sold 3,500 shares of the stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $76.48, for a total value of $267,680.00. Following the transaction, the director owned 22,400 shares in the company, valued at approximately $1,713,152. This represents a 13.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Rajiv Ramaswami sold 144,707 shares of the company’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $76.42, for a total transaction of $11,058,508.94. Following the completion of the sale, the chief executive officer owned 524,608 shares of the company’s stock, valued at $40,090,543.36. This represents a 21.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 159,598 shares of company stock worth $12,218,560. Insiders own 6.80% of the company’s stock.

Institutional Investors Weigh In On Nutanix

Large investors have recently bought and sold shares of the business. Swedbank AB acquired a new stake in Nutanix in the 1st quarter worth approximately $1,642,000. Silverberg Bernstein Capital Management LLC lifted its holdings in Nutanix by 61.6% in the 2nd quarter. Silverberg Bernstein Capital Management LLC now owns 37,893 shares of the technology company’s stock worth $2,897,000 after purchasing an additional 14,438 shares during the last quarter. OMNI 360 Wealth Inc. acquired a new stake in Nutanix in the 2nd quarter worth approximately $265,000. Inspire Investing LLC raised its holdings in Nutanix by 43.1% in the 1st quarter. Inspire Investing LLC now owns 41,472 shares of the technology company’s stock worth $2,895,000 after acquiring an additional 12,489 shares during the period. Finally, Assenagon Asset Management S.A. raised its holdings in Nutanix by 69.7% in the 1st quarter. Assenagon Asset Management S.A. now owns 39,873 shares of the technology company’s stock worth $2,784,000 after acquiring an additional 16,374 shares during the period. 85.25% of the stock is currently owned by institutional investors.

Nutanix Company Profile

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.