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Handelsinvest Investment Management reduces its position in Nutanix, Inc. (NASDAQ:NTNX)

Handelsinvest Investment Management reduces its position in Nutanix, Inc. (NASDAQ:NTNX)



Handelsinvest Investeringsforvaltning reduced its holdings in Nutanix, Inc. by 34.2% in the first quarter, owning 5,343 shares worth $330,000. Other investors also adjusted their positions, with Generation Investment Management, FIL Ltd, Norges Bank, Jericho Capital Asset Management, and Charles Schwab Investment Management making changes. Nutanix stock performance shows fluctuations in its value, with a recent earnings report exceeding expectations. CEO Rajiv Ramaswami and CFO Rukmini Sivaraman were involved in insider selling transactions. Analysts have upgraded Nutanix stock, providing positive ratings and target price increases. Nutanix offers cloud services and hyperconverged infrastructure solutions. The company’s financial outlook is positive, with analysts forecasting EPS growth for the current fiscal year.

Article Source
https://www.defenseworld.net/2024/07/04/handelsinvest-investeringsforvaltning-trims-position-in-nutanix-inc-nasdaqntnx.html

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