Duston Williams Sells 12,142 Shares of Nutanix Inc (NASDAQ:NTNX) Stock

Nutanix Inc (NASDAQ:NTNX) CFO Duston Williams sold 12,142 shares of Nutanix stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $34.66, for a total value of $420,841.72. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Duston Williams also recently made the following trade(s):

  • On Friday, December 6th, Duston Williams sold 87,858 shares of Nutanix stock. The stock was sold at an average price of $35.08, for a total value of $3,082,058.64.
  • On Monday, September 16th, Duston Williams sold 19,610 shares of Nutanix stock. The stock was sold at an average price of $26.71, for a total value of $523,783.10.

Shares of NTNX opened at $31.91 on Thursday. The company has a market capitalization of $6.03 billion, a PE ratio of -10.03 and a beta of 1.44. The company has a debt-to-equity ratio of 9.21, a quick ratio of 1.86 and a current ratio of 1.86. The stock has a fifty day moving average of $30.69 and a two-hundred day moving average of $26.43. Nutanix Inc has a fifty-two week low of $17.74 and a fifty-two week high of $54.68.

Nutanix (NASDAQ:NTNX) last released its quarterly earnings data on Monday, November 25th. The technology company reported ($0.71) EPS for the quarter, topping analysts’ consensus estimates of ($1.13) by $0.42. The business had revenue of $314.80 million during the quarter, compared to the consensus estimate of $306.42 million. Nutanix had a negative return on equity of 293.83% and a negative net margin of 61.10%. The business’s revenue for the quarter was up .5% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.13) EPS. As a group, equities research analysts forecast that Nutanix Inc will post -4.47 earnings per share for the current fiscal year.

Several research analysts have weighed in on the company. KeyCorp boosted their price target on Nutanix from $40.00 to $42.00 and gave the company an “overweight” rating in a report on Tuesday, November 26th. Wells Fargo & Co boosted their price target on Nutanix from $25.00 to $38.00 and gave the company a “market perform” rating in a report on Tuesday, November 26th. Morgan Stanley boosted their price target on Nutanix from $29.00 to $33.00 and gave the company an “equal weight” rating in a report on Tuesday, November 26th. Royal Bank of Canada cut their price target on Nutanix from $39.00 to $32.00 and set an “outperform” rating for the company in a report on Wednesday, August 28th. Finally, Maxim Group boosted their price target on Nutanix from $48.00 to $52.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Nine equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. Nutanix has a consensus rating of “Buy” and a consensus price target of $40.44.

Hedge funds have recently added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. increased its holdings in shares of Nutanix by 802.1% during the 3rd quarter. Benjamin F. Edwards & Company Inc. now owns 2,526 shares of the technology company’s stock worth $66,000 after buying an additional 2,246 shares during the last quarter. Advisory Services Network LLC increased its holdings in shares of Nutanix by 986.7% during the 2nd quarter. Advisory Services Network LLC now owns 2,771 shares of the technology company’s stock worth $71,000 after buying an additional 2,516 shares during the last quarter. Creative Financial Designs Inc. ADV increased its holdings in shares of Nutanix by 31.9% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 2,995 shares of the technology company’s stock worth $78,000 after buying an additional 725 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in shares of Nutanix by 694.8% during the 3rd quarter. Russell Investments Group Ltd. now owns 3,203 shares of the technology company’s stock worth $85,000 after buying an additional 2,800 shares during the last quarter. Finally, Compagnie Lombard Odier SCmA increased its holdings in shares of Nutanix by 6,428.6% during the 2nd quarter. Compagnie Lombard Odier SCmA now owns 3,656 shares of the technology company’s stock worth $94,000 after buying an additional 3,600 shares during the last quarter. Institutional investors and hedge funds own 65.58% of the company’s stock.

Nutanix Company Profile

Nutanix, Inc, together with its subsidiaries, develops and provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa. Its solution addresses a range of workloads, including enterprise applications, databases, virtual desktop infrastructure, unified communications, and big data analytics.

Featured Article: How is a Moving Average Calculated?

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

Receive News & Ratings for Nutanix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nutanix and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit