Allianz Asset Management GmbH increased its holdings in Nutanix, Inc. by 17.8% in the 4th quarter, owning 220,593 shares worth $10,520,000. Other institutional investors like Principal Financial Group and Victory Capital Management also made changes to their positions in NTNX. Insider transactions revealed that CFO Rukmini Sivaraman and COO David Sangster sold shares of the company’s stock. Nutanix’s stock performance showed an uptick on Tuesday, trading at $53.99. Analysts forecasted growth for Nutanix, with firms like Morgan Stanley and KeyCorp giving positive ratings. Nutanix provides an enterprise cloud platform with various services like hyperconverged infrastructure software stack and Acropolis Hypervisor. Further research on Nutanix’s performance and potential investments is available for interested parties.
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https://www.marketbeat.com/instant-alerts/nasdaq-ntnx-sec-filing-2024-06-04/
Allianz Asset Management GmbH Acquires Shares of Nutanix, Inc. (NASDAQ:NTNX)
