Nutanix $NTNX Shares Sold by Acorn Financial Advisory Services Inc. ADV

Acorn Financial Advisory Services Inc. ADV cut its position in Nutanix (NASDAQ:NTNX) by 4.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,671 shares of the technology company’s stock after selling 330 shares during the period. Acorn Financial Advisory Services Inc. ADV’s holdings in Nutanix were worth $586,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. CWM LLC boosted its stake in shares of Nutanix by 25.5% in the second quarter. CWM LLC now owns 87,937 shares of the technology company’s stock worth $6,722,000 after acquiring an additional 17,888 shares during the last quarter. OFI Invest Asset Management acquired a new position in Nutanix during the second quarter worth $113,000. Vanguard Personalized Indexing Management LLC boosted its stake in Nutanix by 4.3% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 16,874 shares of the technology company’s stock worth $1,290,000 after buying an additional 692 shares during the last quarter. Concurrent Investment Advisors LLC boosted its stake in Nutanix by 8.2% during the second quarter. Concurrent Investment Advisors LLC now owns 4,505 shares of the technology company’s stock worth $344,000 after buying an additional 342 shares during the last quarter. Finally, waypoint wealth counsel acquired a new position in Nutanix during the second quarter worth $299,000. 85.25% of the stock is owned by institutional investors and hedge funds.

Nutanix Stock Up 0.8%

NASDAQ:NTNX opened at $68.90 on Tuesday. Nutanix has a 52 week low of $54.66 and a 52 week high of $83.36. The company has a market capitalization of $18.52 billion, a P/E ratio of 107.66, a P/E/G ratio of 6.57 and a beta of 0.51. The stock’s fifty day moving average is $72.41 and its two-hundred day moving average is $72.46.

Nutanix (NASDAQ:NTNX) last posted its earnings results on Wednesday, August 27th. The technology company reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.06. Nutanix had a negative return on equity of 28.01% and a net margin of 7.42%.The company had revenue of $653.27 million for the quarter, compared to the consensus estimate of $642.48 million. During the same quarter in the previous year, the business earned $0.27 earnings per share. The company’s revenue for the quarter was up 19.2% on a year-over-year basis. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. Sell-side analysts anticipate that Nutanix will post 0.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Nutanix in a research note on Wednesday, October 8th. JPMorgan Chase & Co. lowered their price objective on Nutanix from $90.00 to $81.00 and set an “overweight” rating on the stock in a research note on Thursday, August 28th. Northland Securities set a $76.00 price objective on Nutanix in a research note on Thursday. Northland Capmk lowered Nutanix from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 9th. Finally, Bank of America lowered their price objective on Nutanix from $95.00 to $93.00 and set a “buy” rating on the stock in a research note on Thursday, August 28th. Fourteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $87.67.

Insider Buying and Selling at Nutanix

In other Nutanix news, CEO Rajiv Ramaswami sold 144,707 shares of Nutanix stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $76.42, for a total value of $11,058,508.94. Following the sale, the chief executive officer owned 524,608 shares in the company, valued at $40,090,543.36. The trade was a 21.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Teresa Gayle Sheppard sold 3,500 shares of Nutanix stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $76.48, for a total value of $267,680.00. Following the completion of the sale, the director owned 22,400 shares in the company, valued at $1,713,152. This represents a 13.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 159,598 shares of company stock worth $12,218,560 over the last quarter. 6.80% of the stock is currently owned by company insiders.

Nutanix Company 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.