By
Publication Date: 2026-09-25 22:40:00
Tarkan Maner, President and Chief Commercial Officer of Nutanix, Inc. (), disposed of 69,778 shares of Class A Common Stock on September 24, 2026. The transactions totaled approximately $4,761,176.
The shares were sold at prices ranging from $68.20 to $68.29 per share, with a weighted average sale price of $68.2332. Following these transactions, Mr. Maner directly beneficially owns 33,647 shares of Nutanix Class A Common Stock.The sale comes as Nutanix shares have surged 74% over the past six months, trading near $68.02. According to InvestingPro analysis, the stock remains undervalued relative to its Fair Value, placing it among companies on the most undervalued list. For deeper insights, investors can access Nutanix’s comprehensive Pro Research Report, one of 1,400+ available on InvestingPro, which transforms complex data into actionable intelligence.
In other recent news, Nutanix has seen a series of positive developments that may interest investors. BofA Securities raised its price target for Nutanix to $78, highlighting the company’s fourth-quarter fiscal 2026 revenue of $757 million, which exceeded guidance and marked a 16% year-over-year increase. Annual recurring revenue also grew by 16%, reaching $2.549 billion. RBC Capital increased its price target to $90, citing Nutanix’s solid fiscal year finish and acceleration in annual recurring revenue. Needham also raised its target to $85, noting better-than-expected results and a strong outlook for fiscal year…