Nutanix $NTNX Shares Bought by Teacher Retirement System of Texas

Teacher Retirement System of Texas lifted its position in Nutanix (NASDAQ:NTNX) by 3.4% during the second quarter, Holdings Channel reports. The institutional investor owned 38,464 shares of the technology company’s stock after buying an additional 1,277 shares during the quarter. Teacher Retirement System of Texas’ holdings in Nutanix were worth $2,940,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Twin Tree Management LP bought a new stake in Nutanix in the first quarter worth about $29,000. GW&K Investment Management LLC bought a new position in shares of Nutanix during the 1st quarter valued at about $30,000. SouthState Corp acquired a new position in shares of Nutanix in the 1st quarter worth approximately $32,000. Farther Finance Advisors LLC raised its holdings in shares of Nutanix by 42.6% in the 2nd quarter. Farther Finance Advisors LLC now owns 502 shares of the technology company’s stock worth $38,000 after purchasing an additional 150 shares in the last quarter. Finally, V Square Quantitative Management LLC acquired a new stake in Nutanix during the second quarter valued at approximately $45,000. Institutional investors own 85.25% of the company’s stock.

Nutanix Stock Up 3.1%

Shares of NASDAQ:NTNX opened at $71.24 on Friday. The company’s fifty day moving average is $72.03 and its two-hundred day moving average is $73.00. The company has a market cap of $19.15 billion, a P/E ratio of 111.31, a price-to-earnings-growth ratio of 6.55 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 issued its quarterly 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. The business had revenue of $653.27 million for the quarter, compared to the consensus estimate of $642.48 million. Nutanix had a negative return on equity of 28.01% and a net margin of 7.42%.Nutanix’s revenue for the quarter was up 19.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.27 earnings per share. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. Equities research analysts anticipate that Nutanix will post 0.31 earnings per share for the current year.

Insider Buying and Selling at Nutanix

In other news, CFO Rukmini Sivaraman sold 11,391 shares of the company’s stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $78.34, for a total value of $892,370.94. Following the transaction, the chief financial officer owned 254,637 shares in the company, valued at $19,948,262.58. This represents a 4.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Rajiv Ramaswami sold 144,707 shares of the stock in a transaction that occurred 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 directly owned 524,608 shares of the company’s stock, valued at $40,090,543.36. This trade represents a 21.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 159,598 shares of company stock valued at $12,218,560 in the last 90 days. 2.40% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

NTNX has been the topic of several recent research reports. Northland Securities set a $76.00 price target on shares of Nutanix in a research report on Thursday, October 9th. Bank of America reduced 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. Citigroup upgraded Nutanix to a “positive” rating in a report on Tuesday, August 5th. Zacks Research raised Nutanix from a “hold” rating to a “strong-buy” rating in a report on Monday, October 27th. Finally, Needham & Company LLC dropped their price target on Nutanix from $92.00 to $80.00 and set a “buy” rating on the stock in a research note on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Nutanix presently has an average rating of “Moderate Buy” and a consensus target price of $87.67.

About Nutanix

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.