Compass Ion Advisors LLC recently purchased 3,787 shares of Nutanix, Inc. (NASDAQ:NTNX) in the first quarter, totaling about $234,000. Other institutional investors like Atlantic Edge Private Wealth Management LLC and Harvest Fund Management Co. Ltd also acquired stakes in Nutanix during the 4th quarter. In total, 85.25% of Nutanix’s stock is owned by institutional investors.
Nutanix’s stock performance shows that it opened at $59.41 on Tuesday, with a 52-week low of $26.85 and a high of $73.69. The company’s financial results for the quarter on May 29th revealed earnings of $0.01 per share, surpassing analysts’ estimates. Analysts predict an earnings per share of 0.09 for the current year.
There have been notable insider transactions at Nutanix, with CFO Rukmini Sivaraman selling shares in April and COO David Sangster selling shares in June. These transactions have impacted the company’s stock ownership. In terms of analyst ratings, several brokerages have given Nutanix favorable ratings, with price targets and ratings being adjusted recently.
Nutanix, Inc. provides an enterprise cloud platform that offers various services such as hyperconverged infrastructure software stack, Acropolis Hypervisor, Nutanix Kubernetes Engine, and more. The company serves regions globally and focuses on simplifying cloud environments for its clients. Investors are closely monitoring Nutanix’s performance and analyst recommendations for potential investment opportunities.
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https://www.defenseworld.net/2024/07/02/compass-ion-advisors-llc-takes-234000-position-in-nutanix-inc-nasdaqntnx.html