Nutanix Inc (NTNX) Shares Bought by Oppenheimer & Co. Inc.

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Oppenheimer & Co. Inc. grew its position in Nutanix Inc (NASDAQ:NTNX) by 38.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,912 shares of the technology company’s stock after buying an additional 14,869 shares during the period. Oppenheimer & Co. Inc.’s holdings in Nutanix were worth $2,780,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. CAPROCK Group Inc. lifted its holdings in Nutanix by 13.1% during the 2nd quarter. CAPROCK Group Inc. now owns 7,925 shares of the technology company’s stock worth $409,000 after buying an additional 920 shares in the last quarter. IFP Advisors Inc lifted its holdings in Nutanix by 14.1% during the 2nd quarter. IFP Advisors Inc now owns 8,146 shares of the technology company’s stock worth $420,000 after buying an additional 1,004 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in Nutanix by 7.9% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 14,310 shares of the technology company’s stock worth $738,000 after buying an additional 1,044 shares in the last quarter. Viridian Ria LLC lifted its holdings in Nutanix by 6.1% during the 2nd quarter. Viridian Ria LLC now owns 19,885 shares of the technology company’s stock worth $1,026,000 after buying an additional 1,151 shares in the last quarter. Finally, First Midwest Bank Trust Division lifted its holdings in Nutanix by 13.2% during the 2nd quarter. First Midwest Bank Trust Division now owns 10,383 shares of the technology company’s stock worth $535,000 after buying an additional 1,207 shares in the last quarter. 49.41% of the stock is owned by institutional investors and hedge funds.

In other Nutanix news, Director Michael Scarpelli sold 50,000 shares of the firm’s stock in a transaction on Wednesday, June 20th. The shares were sold at an average price of $60.99, for a total transaction of $3,049,500.00. Following the transaction, the director now directly owns 58,165 shares of the company’s stock, valued at approximately $3,547,483.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Kenneth W. Long III sold 30,000 shares of the firm’s stock in a transaction on Wednesday, June 13th. The stock was sold at an average price of $63.37, for a total transaction of $1,901,100.00. Following the transaction, the vice president now directly owns 121,628 shares in the company, valued at $7,707,566.36. The disclosure for this sale can be found here. Insiders have sold a total of 164,699 shares of company stock worth $9,630,480 over the last three months. 19.81% of the stock is currently owned by insiders.

NASDAQ:NTNX traded down $0.08 during midday trading on Friday, hitting $51.33. 2,464,696 shares of the company were exchanged, compared to its average volume of 2,789,746. Nutanix Inc has a fifty-two week low of $21.21 and a fifty-two week high of $64.87. The company has a debt-to-equity ratio of 1.19, a current ratio of 3.05 and a quick ratio of 3.05. The firm has a market capitalization of $8.77 billion, a P/E ratio of -30.37 and a beta of 0.43.

Nutanix (NASDAQ:NTNX) last announced its quarterly earnings results on Thursday, August 30th. The technology company reported ($0.11) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.48) by $0.37. Nutanix had a negative net margin of 25.72% and a negative return on equity of 95.75%. The firm had revenue of $303.75 million for the quarter, compared to analyst estimates of $298.30 million. sell-side analysts anticipate that Nutanix Inc will post -2.18 EPS for the current year.

NTNX has been the topic of a number of research reports. Zacks Investment Research lowered shares of Nutanix from a “hold” rating to a “sell” rating in a report on Tuesday, May 15th. Oppenheimer raised their price objective on shares of Nutanix from $65.00 to $70.00 and gave the company an “outperform” rating in a report on Tuesday, May 15th. Royal Bank of Canada raised their price objective on shares of Nutanix to $62.00 and gave the company an “outperform” rating in a report on Monday, May 21st. Needham & Company LLC raised their price objective on shares of Nutanix to $65.00 and gave the company a “buy” rating in a report on Tuesday, May 22nd. They noted that the move was a valuation call. Finally, Robert W. Baird restated a “buy” rating and issued a $64.00 price objective on shares of Nutanix in a report on Friday, May 25th. One research analyst has rated the stock with a sell rating, four have given a hold rating and seventeen have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $59.00.

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.

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Institutional Ownership by Quarter for Nutanix (NASDAQ:NTNX)

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