Bessemer Group Inc. Sells 3,540 Shares of Nutanix $NTNX

Bessemer Group Inc. decreased its stake in Nutanix (NASDAQ:NTNX) by 13.7% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 22,270 shares of the technology company’s stock after selling 3,540 shares during the quarter. Bessemer Group Inc.’s holdings in Nutanix were worth $1,702,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Jericho Capital Asset Management L.P. lifted its position in Nutanix by 46.8% in the first quarter. Jericho Capital Asset Management L.P. now owns 4,102,993 shares of the technology company’s stock worth $286,430,000 after buying an additional 1,308,357 shares during the last quarter. AQR Capital Management LLC increased its position in Nutanix by 65.5% during the first quarter. AQR Capital Management LLC now owns 3,604,005 shares of the technology company’s stock valued at $246,874,000 after acquiring an additional 1,426,049 shares during the last quarter. Nordea Investment Management AB raised its stake in shares of Nutanix by 10.0% in the second quarter. Nordea Investment Management AB now owns 2,924,167 shares of the technology company’s stock valued at $224,868,000 after acquiring an additional 266,512 shares during the period. Federated Hermes Inc. lifted its holdings in shares of Nutanix by 21.2% in the 1st quarter. Federated Hermes Inc. now owns 2,423,978 shares of the technology company’s stock worth $169,218,000 after acquiring an additional 423,249 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Nutanix by 19.6% during the 1st quarter. Northern Trust Corp now owns 1,778,753 shares of the technology company’s stock worth $124,175,000 after purchasing an additional 291,188 shares during the period. Institutional investors own 85.25% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Needham & Company LLC reduced their price objective on shares of Nutanix from $92.00 to $80.00 and set a “buy” rating on the stock in a research report on Thursday, August 28th. Northland Capmk downgraded Nutanix from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 9th. Citigroup raised Nutanix to a “positive” rating in a research note on Tuesday, August 5th. JPMorgan Chase & Co. cut their price objective on Nutanix from $90.00 to $81.00 and set an “overweight” rating on the stock in a research report on Thursday, August 28th. Finally, Zacks Research upgraded Nutanix from a “hold” rating to a “strong-buy” rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $87.67.

Nutanix Stock Performance

Shares of NASDAQ NTNX opened at $69.08 on Friday. Nutanix has a 52-week low of $54.66 and a 52-week high of $83.36. The firm has a market capitalization of $18.57 billion, a price-to-earnings ratio of 107.94, a PEG ratio of 6.55 and a beta of 0.51. The stock has a 50 day moving average price of $71.98 and a 200 day moving average price of $72.86.

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

Insider Activity at Nutanix

In related news, Director Teresa Gayle Sheppard sold 3,500 shares of the company’s 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 sale, the director directly owned 22,400 shares of the company’s stock, valued at $1,713,152. This represents a 13.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Rukmini Sivaraman sold 11,391 shares of the stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $78.34, for a total transaction of $892,370.94. Following the transaction, the chief financial officer owned 254,637 shares in the company, valued at approximately $19,948,262.58. The trade was a 4.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 159,598 shares of company stock worth $12,218,560 over the last three months. 2.40% of the stock is owned by corporate 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.