First Trust Direct Indexing L.P. acquired 3,721 shares of Nutanix, Inc. during the first quarter, valuing it at approximately $230,000. Other hedge funds also made purchases in Nutanix, with institutional investors owning 85.25% of the company’s stock. Nutanix’s stock performance shows a 1-year low of $27.13 and a high of $73.69, with a market capitalization of $14.65 billion.
Nutanix reported earnings of $0.01 per share for the last quarter, surpassing estimates. Analysts predict an EPS of 0.11 for the current fiscal year. Wall Street analysts have given Nutanix favorable ratings, with a consensus target price of $72.00. Insiders, including COO David Sangster and CEO Rajiv Ramaswami, have sold shares of the company recently.
Nutanix provides enterprise cloud platforms worldwide, offering hyperconverged infrastructure software and virtualization solutions. The company’s products aim to simplify cloud-native environments, applications, and services. To stay updated on Nutanix and other companies, investors can refer to HoldingsChannel.com for the latest filings and insider trades. Subscribe to MarketBeat.com for daily news and analysts’ ratings on Nutanix.
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https://www.defenseworld.net/2024/07/10/3721-shares-in-nutanix-inc-nasdaqntnx-purchased-by-first-trust-direct-indexing-l-p.html
