Nordea Investment Management AB Has $224.87 Million Stake in Nutanix $NTNX

Nordea Investment Management AB lifted its position in Nutanix (NASDAQ:NTNX) by 10.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,924,167 shares of the technology company’s stock after purchasing an additional 266,512 shares during the quarter. Nordea Investment Management AB owned 1.09% of Nutanix worth $224,868,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Swedbank AB acquired a new position in Nutanix during the first quarter worth $1,642,000. Silverberg Bernstein Capital Management LLC raised its stake in Nutanix by 61.6% during the second quarter. Silverberg Bernstein Capital Management LLC now owns 37,893 shares of the technology company’s stock worth $2,897,000 after acquiring an additional 14,438 shares in the last quarter. OMNI 360 Wealth Inc. acquired a new position in Nutanix during the second quarter worth $265,000. Inspire Investing LLC raised its stake in Nutanix by 43.1% during the first 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 in the last quarter. Finally, Amalgamated Bank raised its stake in Nutanix by 4.9% during the first quarter. Amalgamated Bank now owns 14,420 shares of the technology company’s stock worth $1,007,000 after acquiring an additional 674 shares in the last quarter. 85.25% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have issued reports on NTNX. KeyCorp began coverage on Nutanix in a research note on Thursday, June 26th. They set an “overweight” rating and a $95.00 price objective for the company. JPMorgan Chase & Co. dropped their price objective on Nutanix from $90.00 to $81.00 and set an “overweight” rating for the company in a research note on Thursday, August 28th. Bank of America dropped their price objective on Nutanix from $95.00 to $93.00 and set a “buy” rating for the company in a research note on Thursday, August 28th. Needham & Company LLC dropped their price objective on Nutanix from $92.00 to $80.00 and set a “buy” rating for the company in a research note on Thursday, August 28th. Finally, Wall Street Zen cut Nutanix from a “strong-buy” rating to a “buy” rating in a report on Monday, June 30th. Fourteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Nutanix currently has a consensus rating of “Moderate Buy” and a consensus price target of $87.67.

Nutanix Stock Up 1.4%

Nutanix stock opened at $67.66 on Friday. The business’s 50-day simple moving average is $71.95 and its 200 day simple moving average is $72.36. The stock has a market cap of $18.19 billion, a price-to-earnings ratio of 105.72, a P/E/G ratio of 6.42 and a beta of 0.51. Nutanix has a 12-month low of $54.66 and a 12-month high of $83.36.

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

Insider Buying and Selling at Nutanix

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

Nutanix 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.