Amalgamated Bank raised its holdings in Nutanix Inc (NASDAQ:NTNX) by 28.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission.The institutional investor owned 45,831 shares of the technology company’s stock after acquiring an additional 10,252 shares during the period.Amalgamated Bank’s holdings in Nutanix were worth $1,433,000 at the end of the most recent reporting period.
Several other large investors have also added to or reduced their stakes in the business.Millennium Management LLC raised its holdings in shares of Nutanix by 27,099.3% during the 3rd quarter.Millennium Management LLC now owns 1,160,971 shares of the technology company’s stock valued at $30,475,000 after buying an additional 1,165,271 shares in the last quarter.Trexquant Investment LP purchased a new position in shares of Nutanix during the 4th quarter valued at about $8,267,000.
Apertura Capital LLC purchased a new position in shares of Nutanix during the 4th quarter valued at about $6,096,000.Russell Investments Group Ltd.raised its holdings in shares of Nutanix by 3,652.9% during the 4th quarter.Russell Investments Group Ltd.
now owns 120,205 shares of the technology company’s stock valued at $3,738,000 after buying an additional 117,002 shares in the last quarter.Finally, California Public Employees Retirement System raised its holdings in shares of Nutanix by 41.8% during the 4th quarter.
California Public Employees Retirement System now owns 332,600 shares of the technology company’s stock valued at $10,397,000 after buying an additional 98,000 shares in the last quarter.69.61% of the stock is currently owned by hedge funds and other institutional investors.Get Nutanix alerts:
NTNX has been the topic of a number of research reports.Robert W.
Baird reissued an “outperform” rating and set a $38.00 price objective (up from $29.00) on shares of Nutanix in a report on Tuesday, November 26th.Piper Jaffray Companies raised their price objective on Nutanix from $29.00 to $35.00 and gave the company a “neutral” rating in a report on Tuesday, November 26th.Stifel Nicolaus decreased their price objective on Nutanix from $34.00 to $30.00 and set a “hold” rating on the stock in a report on Thursday, February 27th.Maxim Group raised their price objective on Nutanix from $48.00 to $52.00 and gave the company a “buy” rating in a report on Tuesday, November 26th.
Finally, BidaskClub cut Nutanix from a “sell” rating to a “strong sell” rating in a report on Tuesday.One analyst has rated the stock with a sell rating, five have given a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock.Nutanix currently has a consensus rating of “Buy” and an average target price of $39.33.
In related news, CAO Aaron Boynton sold 3,003 shares of the firm’s stock in a transaction that occurred on Monday, March 16th.The stock was sold at an average price of $12.61, for a total transaction of $37,867.83.
Following the transaction, the chief accounting officer now directly owns 12,872 shares in the company, valued at approximately $162,315.92.The transaction was disclosed in a filing with the SEC, which is available through this hyperlink .Also, CEO Dheeraj Pandey sold 115,293 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd.The stock was sold at an average price of $31.89, for a total value of $3,676,693.77.
Following the transaction, the chief executive officer now owns 29,451 shares in the company, valued at $939,192.39.The disclosure for this sale can be found here .Over the last 90 days, insiders have sold 166,042 shares of company stock worth $4,316,639.9.79% of the stock is owned by corporate insiders.
NTNX opened at $14.60 on Friday.The stock’s 50 day simple moving average is $27.92 and its 200 day simple moving average is $29.32.The company has a debt-to-equity ratio of 9.21, a current ratio of 1.64 and a quick ratio of 1.64.Nutanix Inc has a 1 year low of $11.31 and a 1 year high of $43.71.
The firm has a market cap of $2.82 billion, a price-to-earnings ratio of -3.22 and a beta of 1.62.
Nutanix (NASDAQ:NTNX) last posted its quarterly earnings results on Wednesday, February 26th.
The technology company reported ($0.60) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.10) by $0.50.Nutanix had a negative return on equity of 650.18% and a negative net margin of 68.13%.The business had revenue of $346.77 million for the quarter, compared to analyst estimates of $342.04 million.As a group, sell-side analysts anticipate that Nutanix Inc will post -4.56 EPS for the current year.
Nutanix Company Profile
Nutanix, Inc, together with its subsidiaries, develops and provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa.
Its solution addresses a range of workloads, including enterprise applications, databases, virtual desktop infrastructure, unified communications, and big data analytics.
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