Nutanix (NTNX) Holdings Raised by State of Wisconsin Investment Board

State of Wisconsin Investment Board boosted its holdings in shares of Nutanix (NASDAQ:NTNX) by 29.8% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 292,000 shares of the technology company’s stock after purchasing an additional 67,000 shares during the period. State of Wisconsin Investment Board owned about 0.18% of Nutanix worth $14,340,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Delpha Capital Management LLC bought a new position in shares of Nutanix in the 4th quarter valued at $104,000. Thompson Davis & CO. Inc. lifted its stake in shares of Nutanix by 1,600.0% in the 1st quarter. Thompson Davis & CO. Inc. now owns 2,125 shares of the technology company’s stock valued at $104,000 after acquiring an additional 2,000 shares during the last quarter. Focused Wealth Management Inc lifted its stake in shares of Nutanix by 107.2% in the 4th quarter. Focused Wealth Management Inc now owns 4,059 shares of the technology company’s stock valued at $143,000 after acquiring an additional 2,100 shares during the last quarter. US Bancorp DE lifted its stake in shares of Nutanix by 850.6% in the 4th quarter. US Bancorp DE now owns 4,753 shares of the technology company’s stock valued at $168,000 after acquiring an additional 4,253 shares during the last quarter. Finally, First American Bank bought a new position in shares of Nutanix in the 4th quarter valued at $207,000. Hedge funds and other institutional investors own 43.86% of the company’s stock.

Shares of Nutanix opened at $58.24 on Friday, MarketBeat reports. The company has a quick ratio of 3.10, a current ratio of 3.10 and a debt-to-equity ratio of 1.38. Nutanix has a 1-year low of $15.85 and a 1-year high of $60.00.

Nutanix (NASDAQ:NTNX) last issued its quarterly earnings results on Thursday, March 1st. The technology company reported ($0.14) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.20) by $0.06. Nutanix had a negative return on equity of 196.67% and a negative net margin of 33.34%. The firm had revenue of $286.70 million during the quarter, compared to the consensus estimate of $283.22 million. During the same period last year, the business posted ($0.28) EPS. The business’s revenue was up 44.1% compared to the same quarter last year. research analysts expect that Nutanix will post -1.59 EPS for the current year.

A number of research analysts have recently commented on the company. Wells Fargo increased their price target on Nutanix from $43.00 to $52.00 and gave the company an “outperform” rating in a research note on Friday, March 2nd. Robert W. Baird reaffirmed a “buy” rating and set a $61.00 target price on shares of Nutanix in a research report on Thursday, May 10th. Vetr lowered Nutanix from a “hold” rating to a “sell” rating and set a $52.09 target price for the company. in a research report on Monday, April 16th. Oppenheimer raised Nutanix to a “top pick” rating and raised their target price for the stock from $43.00 to $65.00 in a research report on Wednesday, March 14th. Finally, Royal Bank of Canada reaffirmed a “buy” rating and set a $43.00 target price on shares of Nutanix in a research report on Friday, March 2nd. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and nineteen have issued a buy rating to the company’s stock. Nutanix presently has an average rating of “Buy” and a consensus target price of $50.05.

In other news, VP Kenneth W. Long III sold 30,000 shares of the firm’s stock in a transaction dated Wednesday, April 4th. The stock was sold at an average price of $50.22, for a total value of $1,506,600.00. Following the completion of the sale, the vice president now directly owns 151,628 shares in the company, valued at approximately $7,614,758.16. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, major shareholder Christopher J. Schaepe sold 100,000 shares of the firm’s stock in a transaction dated Wednesday, March 28th. The shares were sold at an average price of $48.14, for a total value of $4,814,000.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 2,458,246 shares of company stock valued at $99,766,863. Company insiders own 19.81% of the company’s stock.

Nutanix Profile

Nutanix, Inc develops and provides an enterprise cloud operating system software. It offers enterprise applications, virtual desktop infrastructure, virtualization and cloud, big data, remote and branch office IT, and data protection and disaster recovery solutions; and hardware platforms and software options; and support and services.

Institutional Ownership by Quarter for Nutanix (NASDAQ:NTNX)

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