Nutanix Inc. (NTNX) Short Interest Down 9.8% in July

Paterniano Del Favero
Agosto 16, 2017

The stock was sold at an average price of $21.97, for a total value of $27,129,039.34. Following the completion of the transaction, the vice president now owns 240,234 shares of the company's stock, valued at approximately $5,765,616. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

In related news, SVP Rajiv Mirani sold 4,600 shares of Nutanix stock in a transaction that occurred on Monday, June 26th. The shares were sold at an average price of $20.00, for a total transaction of $600,000.00.

On Thursday, June 15th, Sunil Potti sold 55,000 shares of Nutanix stock. The shares were sold at an average price of $17.33, for a total transaction of $953,150.00.

The opening price for Nutanix, Inc.

Shares of Nutanix (NASDAQ NTNX) opened at 22.06 on Tuesday. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.5. The firm's 50-day moving average is $21.26 and its 200 day moving average is $21.12. Higher volume for a stock is also an indicator of higher liquidity in the market.

The analysts offering 12 month price targets for Nutanix, Inc. have a median target of $27, with a high estimate of $41 and a low estimate of $16.

Nutanix (NASDAQ:NTNX) last issued its quarterly earnings data on Thursday, May 25th. The technology company reported ($0.77) earnings per share for the quarter, missing the consensus estimate of ($0.45) by $0.32. Nutanix had a negative net margin of 61.32% and a negative return on equity of 5,196.17%. Its revenue totaled $186.55 million up 2.39% from the previous quarter. The company's revenue was up 67.2% on a year-over-year basis.

On average, analysts expect that Nutanix will report full-year sales of $217.81 million for the current year, with estimates ranging from $756.50 million to $760.30 million. "(NTNX) Stock" was published by Chaffey Breeze and is the property of of Chaffey Breeze. If you are reading this piece of content on another website, it was illegally copied and republished in violation of United States and global copyright & trademark laws. The legal version of this piece can be viewed at https://www.com-unik.info/2017/08/16/nutanix-inc-ntnx-is-hamilton-lane-advisors-llcs-7th-largest-position-updated-updated.html.

NTNX has been the subject of a number of research analyst reports. (The) raised shares of Nutanix from a "buy" rating to a "conviction-buy" rating and set a $31.00 price target on the stock in a research note on Friday, July 14th. Credit Suisse Group restated a "buy" rating and set a $38.00 price objective on shares of Nutanix in a report on Friday, July 28th. JMP Securities set a $35.00 price target on Nutanix and gave the stock a "buy" rating in a research report on Tuesday, April 18th. Strong Sell. Investors might also notice that two months ago the Buy recommendations (1) outnumbered Sell recommendations (0). (NASDAQ:NTNX) have earned a consensus rating of "Buy" from the twenty-four ratings firms that are covering the company, Marketbeat Ratings reports.

A number of hedge funds have recently modified their holdings of NTNX. State Street Corp increased its stake in shares of Nutanix by 146.7% in the second quarter. Hodges Capital Management Inc. raised its stake in Nutanix by 112.9% in the first quarter. Macquarie Group Ltd. now owns 1,366,367 shares of the technology company's stock valued at $36,291,000 after buying an additional 1,102,841 shares in the last quarter. Macquarie Group Ltd. raised its position in Nutanix by 418.5% in the fourth quarter. Ameriprise Financial Inc. now owns 155,418 shares of the technology company's stock worth $2,916,000 after buying an additional 64,102 shares in the last quarter. United Capital Financial Advisers LLC now owns 109,243 shares of the technology company's stock worth $2,050,000 after buying an additional 7,255 shares in the last quarter. Finally, State Treasurer State of MI bought a new position in Nutanix during the first quarter valued at $1,919,000.

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