Nutanix Inc. (NTNX) CEO Sells $1,199,213.00 in Stock

Nutanix Inc. (NASDAQ:NTNX) CEO Dheeraj Pandey sold 33,100 shares of the stock in a transaction on Wednesday, December 20th. The shares were sold at an average price of $36.23, for a total value of $1,199,213.00. Following the completion of the sale, the chief executive officer now owns 194,712 shares of the company’s stock, valued at approximately $7,054,415.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Dheeraj Pandey also recently made the following trade(s):

  • On Friday, December 8th, Dheeraj Pandey sold 71,400 shares of Nutanix stock. The shares were sold at an average price of $35.33, for a total value of $2,522,562.00.

Nutanix Inc. (NTNX) opened at $34.84 on Friday. The company has a market cap of $5,624.46, a price-to-earnings ratio of -14.40 and a beta of 8.93. Nutanix Inc. has a 1 year low of $14.38 and a 1 year high of $38.28.

Nutanix (NASDAQ:NTNX) last posted its earnings results on Thursday, November 30th. The technology company reported ($0.16) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.26) by $0.10. The firm had revenue of $275.60 million for the quarter, compared to the consensus estimate of $267.02 million. Nutanix had a negative net margin of 40.81% and a negative return on equity of 271.31%. The business’s quarterly revenue was up 46.1% on a year-over-year basis. During the same period in the prior year, the business posted ($0.37) earnings per share. equities research analysts anticipate that Nutanix Inc. will post -1.73 EPS for the current fiscal year.

A number of research firms have recently issued reports on NTNX. Vetr lowered Nutanix from a “strong-buy” rating to a “buy” rating and set a $31.00 target price for the company. in a report on Tuesday, October 24th. Piper Jaffray Companies restated an “overweight” rating and issued a $28.00 target price on shares of Nutanix in a report on Thursday, September 14th. Maxim Group restated a “buy” rating and issued a $41.00 target price on shares of Nutanix in a report on Friday, September 1st. Robert W. Baird reiterated a “buy” rating and set a $28.00 price objective on shares of Nutanix in a report on Tuesday, September 19th. Finally, Zacks Investment Research upgraded Nutanix from a “hold” rating to a “buy” rating and set a $38.00 price objective for the company in a report on Wednesday, December 6th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $34.74.

Institutional investors have recently bought and sold shares of the business. Thompson Davis & CO. Inc. increased its position in Nutanix by 320.0% during the third quarter. Thompson Davis & CO. Inc. now owns 5,250 shares of the technology company’s stock worth $118,000 after buying an additional 4,000 shares during the last quarter. Legal & General Group Plc grew its position in shares of Nutanix by 3,147.6% in the second quarter. Legal & General Group Plc now owns 8,801 shares of the technology company’s stock valued at $175,000 after purchasing an additional 8,530 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of Nutanix in the second quarter valued at about $186,000. Stifel Financial Corp acquired a new stake in shares of Nutanix in the third quarter valued at about $215,000. Finally, First Allied Advisory Services Inc. acquired a new stake in shares of Nutanix in the third quarter valued at about $215,000. 35.33% of the stock is currently owned by hedge funds and other institutional investors.

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Nutanix Company Profile

Nutanix, Inc is a United States-based company, which provides an enterprise cloud platform that converges silos of server, virtualization and storage into an integrated solution. The Company’s enterprise cloud platform connects to public cloud services. It has operations in the United States; Europe, the Middle East and Africa; Asia-Pacific, and Other Americas.

Insider Buying and Selling by Quarter for Nutanix (NASDAQ:NTNX)

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