Nutanix $NTNX Stock Position Lessened by Napean Trading & Investment Co Singapore PTE Ltd

Napean Trading & Investment Co Singapore PTE Ltd reduced its stake in shares of Nutanix (NASDAQ:NTNX) by 33.6% during the second quarter, Holdings Channel.com reports. The firm owned 53,945 shares of the technology company’s stock after selling 27,253 shares during the period. Nutanix accounts for about 1.1% of Napean Trading & Investment Co Singapore PTE Ltd’s portfolio, making the stock its 26th biggest position. Napean Trading & Investment Co Singapore PTE Ltd’s holdings in Nutanix were worth $4,124,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of NTNX. Kestra Private Wealth Services LLC raised its position in shares of Nutanix by 4.7% during the 1st quarter. Kestra Private Wealth Services LLC now owns 8,189 shares of the technology company’s stock worth $572,000 after buying an additional 366 shares in the last quarter. J.W. Cole Advisors Inc. bought a new position in shares of Nutanix in the first quarter valued at approximately $1,241,000. GW&K Investment Management LLC acquired a new position in shares of Nutanix during the first quarter valued at approximately $30,000. Gries Financial LLC bought a new stake in Nutanix during the first quarter worth approximately $215,000. Finally, Choreo LLC raised its holdings in Nutanix by 74.6% during the first quarter. Choreo LLC now owns 6,342 shares of the technology company’s stock worth $443,000 after purchasing an additional 2,709 shares in the last quarter. Institutional investors and hedge funds own 85.25% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on NTNX shares. Citigroup upgraded Nutanix to a “positive” rating in a research report on Tuesday, August 5th. Northland Capmk cut Nutanix from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 9th. Wells Fargo & Company dropped their price target on shares of Nutanix from $85.00 to $71.00 and set an “equal weight” rating on the stock in a research report on Thursday, August 28th. Bank of America reduced their price objective on shares of Nutanix from $95.00 to $93.00 and set a “buy” rating for the company in a research report on Thursday, August 28th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Nutanix in a research note on Thursday, November 13th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Nutanix currently has an average rating of “Moderate Buy” and a consensus target price of $86.80.

Insider Transactions at Nutanix

In related news, CFO Rukmini Sivaraman sold 11,391 shares of the company’s stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $78.34, for a total value of $892,370.94. Following the completion of the sale, the chief financial officer owned 254,637 shares in the company, valued at approximately $19,948,262.58. This represents a 4.28% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Teresa Gayle Sheppard sold 3,500 shares of Nutanix stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $76.48, for a total transaction of $267,680.00. Following the transaction, the director owned 22,400 shares in the company, valued at approximately $1,713,152. The trade was a 13.51% 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 over the last ninety days. Corporate insiders own 2.40% of the company’s stock.

Nutanix Stock Down 0.9%

Shares of Nutanix stock opened at $64.01 on Wednesday. Nutanix has a 12-month low of $54.66 and a 12-month high of $83.36. The firm has a market capitalization of $17.21 billion, a PE ratio of 100.02, a price-to-earnings-growth ratio of 6.55 and a beta of 0.54. The stock’s fifty day moving average is $71.80 and its 200-day moving average is $73.31.

Nutanix (NASDAQ:NTNX) last released 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 during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the company posted $0.27 EPS. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. Analysts expect that Nutanix will post 0.31 EPS for the current year.

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.