Allianz Asset Management GmbH increased its stake in Nutanix, Inc. during the 4th quarter, now owning over 200,000 shares. Other large investors like Massachusetts Financial Services Co. and M&T Bank Corp have also adjusted their positions in the company. Nutanix’s stock price has fluctuated between $26.47 and $73.69 in the past year, currently trading at … Read more
Nutanix (NASDAQ: NTNX) recently had its target price decreased by Barclays from $81.00 to $80.00 with an overweight rating on the stock. Other research reports have also been issued by different analysts, with varying target prices and ratings. The stock currently has an average rating of Moderate Buy and an average price target of $72.77. … Read more
The State Treasurer of North Carolina recently increased its holdings in Nutanix, Inc. by 34.2% in the fourth quarter, according to a disclosure with the SEC. The firm now owns 135,437 shares of the company’s stock, worth $6,459,000. Other hedge funds and institutional investors have also made moves with NTNX shares. Insiders have sold shares, … Read more
As a journalist, it is important to understand key financial metrics that can indicate a potential multi-bagger opportunity. One such metric is Return on Capital Employed (ROCE), which measures the amount of pre-tax profits a company can generate from the capital employed in its business. When analyzing Nutanix (NASDAQ:NTNX) and its trend of ROCE, it … Read more
Nutanix shares were downgraded by Northland Capmk from a strong-buy to a hold rating. Other research firms, including Bank of America and Susquehanna, have given Nutanix positive ratings and raised their price targets. The company’s stock has a one-year low of $26.47 and a high of $73.69, with a market cap of $13.77 billion. Nutanix … Read more
Northland Securities downgraded Nutanix (NASDAQ:NTNX) from outperform to market perform with a $71.00 target price. Several other research firms have also provided ratings and target prices for NTNX, including KeyCorp, JMP Securities, Raymond James, JPMorgan Chase & Co., and Susquehanna. Overall, four analysts have rated the stock as a hold, while twelve have rated it … Read more
Nutanix, Inc. (NASDAQ:NTNX) saw a drop in its stock price following a downgrade from Northland Capmk. Other research analysts have also recently issued reports on the company, with varying price targets and ratings. Insider trading has also been reported, with CEO Rajiv Ramaswami and COO David Sangster selling significant amounts of shares. Institutional investors have … Read more
Nutanix, Inc. (NASDAQ:NTNX) currently has a price-to-sales ratio (P/S) of 3.6x, which is lower than the industry median of 4.4x. Despite the lower ratio, investors should not overlook the potential opportunities or risks associated with this valuation metric. In terms of recent performance, Nutanix has been experiencing slower revenue growth compared to its industry peers. … Read more
Small and mid-cap growth stocks are experiencing high expectations that may lead to disappointments this earnings quarter, as seen with Nutanix, a company specializing in hybrid and private cloud deployments. Despite strong fiscal Q3 results, a weak Q4 outlook caused the stock to drop more than 25%, bringing the YTD gains to 20%. Nutanix has … Read more
The investment recommendation for Nutanix, Inc. (Nasdaq: NTNX) is a buy rating despite share price declines following strong 3Q24 results. The company provides hyperconverged infrastructure solutions to organizations across multiple cloud platforms and endpoints. NTNX’s competitive advantage lies in its leadership as the best hyperconverged infrastructure supplier, positioning itself well in the industry. In 3Q24, … Read more