Bryce Point Capital LLC Purchases New Stake in Nutanix $NTNX

Bryce Point Capital LLC purchased a new stake in Nutanix (NASDAQ:NTNX) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 11,828 shares of the technology company’s stock, valued at approximately $904,000. Nutanix accounts for about 0.8% of Bryce Point Capital LLC’s investment portfolio, making the stock its 28th biggest holding.

Several other hedge funds have also bought and sold shares of NTNX. Twin Tree Management LP acquired a new stake in Nutanix in the 1st quarter valued at $29,000. GW&K Investment Management LLC acquired a new stake in Nutanix in the 1st quarter valued at $30,000. SouthState Corp bought a new position in Nutanix during the 1st quarter valued at $32,000. Farther Finance Advisors LLC lifted its stake in Nutanix by 42.6% during the 2nd quarter. Farther Finance Advisors LLC now owns 502 shares of the technology company’s stock valued at $38,000 after acquiring an additional 150 shares in the last quarter. Finally, V Square Quantitative Management LLC bought a new position in Nutanix during the 2nd quarter valued at $45,000. Institutional investors and hedge funds own 85.25% of the company’s stock.

Insider Buying and Selling at Nutanix

In other news, CEO Rajiv Ramaswami sold 144,707 shares of the company’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $76.42, for a total transaction of $11,058,508.94. Following the sale, the chief executive officer directly owned 524,608 shares in the company, valued at $40,090,543.36. This represents a 21.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Rukmini Sivaraman sold 11,391 shares of the company’s stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $78.34, for a total value of $892,370.94. Following 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 159,598 shares of company stock valued at $12,218,560 in the last quarter. 2.40% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have weighed in on NTNX. JPMorgan Chase & Co. dropped 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, October 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of Nutanix in a research note on Wednesday, October 8th. Citigroup upgraded Nutanix to a “positive” rating in a research note on Tuesday, August 5th. Finally, Northland Capmk cut Nutanix from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $87.67.

Nutanix Stock Performance

Shares of Nutanix stock opened at $71.16 on Tuesday. Nutanix has a 52-week low of $54.66 and a 52-week high of $83.36. The stock’s 50-day simple moving average is $72.09 and its 200 day simple moving average is $73.15. The stock has a market capitalization of $19.13 billion, a P/E ratio of 111.19, a P/E/G ratio of 6.55 and a beta of 0.51.

Nutanix (NASDAQ:NTNX) last announced its quarterly earnings data on Wednesday, August 27th. The technology company reported $0.37 earnings per share (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 business had revenue of $653.27 million for the quarter, compared to analysts’ expectations of $642.48 million. During the same period in the previous year, the business posted $0.27 EPS. The firm’s quarterly revenue was up 19.2% compared to the same quarter last year. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. Equities research analysts forecast that Nutanix will post 0.31 EPS for the current fiscal year.

About Nutanix

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.