Brokerage firms on the street have price targets on the name ranging from $25 to $62.9 based on 21 opinions. FBN Securities initiated Nutanix, Inc. The stock traded within a range of $49.00 and $51.63.
Nutanix (NASDAQ:NTNX) last issued its quarterly earnings data on Thursday, March 1st.
ValuEngine upgraded shares of Nutanix (NASDAQ:NTNX) from a sell rating to a hold rating in a report issued on Friday, February 23rd. The shares were sold at an average price of $35.68, for a total value of $5,352,000.00.
Other equities analysts have also recently issued research reports about the stock.
In related news, Director Michael Scarpelli sold 150,000 shares of Nutanix stock in a transaction that occurred on Monday, December 11th. The shares recently went down by -4.65% or -$0.01 and now trades at $0.19. On Wednesday, June 28 the stock rating was maintained by Robert W. Baird with "Buy". Following the transaction, the executive vice president now owns 12,500 shares of the company's stock, valued at $454,000.
In a research note shared with investors on Friday morning, The "Buy" rating of Nutanix Inc (NTNX) shares was reaffirmed by Analysts at Needham, who now has a $48.0 target price on the stock. The firm has "Buy" rating by William Blair given on Friday, May 26. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold 3,048,918 shares of company stock valued at $113,235,013 over the last quarter. The company rocked its 52-Week High of $49.8 and touched its 52-Week Low of $14.38.
Nutanix (NASDAQ:NTNX) had its price objective lifted by Robert W. Baird from $41.00 to $45.00 in a report published on Friday, March 2nd. The firm has "Buy" rating given on Tuesday, October 10 by Jefferies. Delpha Capital Management LLC purchased a new stake in Nutanix in the 4th quarter valued at $104,000. The technology company reported ($0.14) EPS for the quarter, topping the Zacks' consensus estimate of ($0.20) by $0.06. The business had revenue of $286.70 million for the quarter, compared to analysts' expectations of $283.22 million. Stifel Nicolaus assumed coverage on shares of Nutanix in a research report on Friday. The stock has a market cap of $8,260.00 and a price-to-earnings ratio of -23.94. Fairfield Bush & CO. now owns 152,175 shares of the technology company's stock valued at $5,368,000 after buying an additional 15,775 shares during the period. Nutanix had a negative net margin of 33.34% and a negative return on equity of 270.61%. Insiders own 19.81% of the company's stock. Hence the difference between Predicted EPS and Actual EPS reported is $0.06/share which shows an Earnings Surprise of 30 Percent. The disclosure for this sale can be found here. Focused Wealth Management Inc raised its position in Nutanix by 107.2% in the 4th quarter. Fairfield Bush & CO. grew its stake in shares of Nutanix by 11.6% in the fourth quarter. Xact Kapitalforvaltning AB bought a new stake in shares of Nutanix in the fourth quarter worth $229,000. US Bancorp DE now owns 4,753 shares of the technology company's stock valued at $168,000 after purchasing an additional 4,253 shares during the last quarter.
Nutanix, Inc., together with its subsidiaries, provides an enterprise cloud operating system in North America, Europe, the Asia-Pacific, the Middle East, Latin America, and Africa. It now has negative earnings. The Company's cloud operating system converges traditional silos of server, virtualization, storage, and networking into one integrated solution; and unifies private and public cloud into a single software fabric.