Nutanix, Inc. saw their price target increased by Morgan Stanley from $63.00 to $72.00, as reported by Benzinga. Other research analysts have also raised their price targets and ratings for Nutanix. The company currently has an equal-weight rating from Morgan Stanley on their stock. This comes after positive earnings results in which Nutanix reported earnings … Read more
According to the price-to-sales (P/S) ratio of 8.6x for Nutanix, Inc. (NASDAQ:NTNX), which is higher than the average for software companies in the United States, there may be bearish signals. However, it is important to consider other factors that may explain this high ratio. Despite the high P/S ratio, Nutanix has shown strong revenue growth … Read more
King Luther Capital Management Corp reduced its stake in Nutanix, Inc. (NASDAQ:NTNX) by 9.9% in the fourth quarter, selling 55,587 shares to own a total of 506,154 shares valued at $24,138,000. Other large investors also made changes to their positions in NTNX, with 85.25% of shares belonging to institutional investors. In insider news, COO David … Read more
Nutanix saw its price target raised by Morgan Stanley from $63.00 to $72.00, with the same weight rating on the stock. Other analysts have also increased their price targets on Nutanix, with JPMorgan Chase & Co., KeyCorp, Barclays, Susquehanna, and Raymond James all giving positive ratings. Overall, Nutanix has received a buy rating from thirteen … Read more
Nutanix, Inc. (NTNX) shares rose as the company entered agreements with tech giants Dell Technologies Inc. (DELL) and NVIDIA Corporation (NVDA). The partnership with Dell aims to offer integrated hyperconverged appliances combining Nutanix Cloud platform and Dell servers, providing a broad range of applications with ecosystem flexibility. Additionally, the collaboration includes joint engineering, marketing, support, … Read more
Nutanix, a company specializing in hybrid multi-cloud computing, has announced a collaboration with NVIDIA, a semiconductor powerhouse, to assist businesses in adopting generative AI more easily. This partnership will involve integrating NVIDIA NIM inference microservices with Nutanix GPT-in-a-Box 2.0, enabling customers to develop scalable, secure, and high-performance GenAI applications both within the enterprise and on … Read more
Victory Capital Management Inc. has increased its stake in Nutanix, Inc. by 30.1% in the fourth quarter, acquiring an additional 7,720 shares of the technology company. The fund now owns 33,370 shares of Nutanix, valued at $1,591,000 according to reports from Holdings Channel. Other hedge funds and institutional investors have also made moves with GAMMA … Read more
Raymond James upgraded Nutanix from a market perform rating to an outperform rating with a price target of $72.00. Several other analysts also gave positive ratings and raised their target prices for Nutanix. The stock opened at $67.58 on Wednesday, with a 50-day moving average price of $63.19 and a 200-day moving average price of … Read more
Nutanix, Inc. has attracted the interest of various institutional investors, including Natixis Advisors LP, who recently acquired 11,970 shares of the company during the fourth quarter. Other investors, such as GAMMA Investing LLC, Harvest Fund Management Co. Ltd, Fifth Third Bancorp, DekaBank Deutsche Girozentrale, and Quintet Private Bank Europe SA, have also increased their stakes … Read more
Massachusetts Financial Services Co. MA has increased its stake in Nutanix, Inc. (NASDAQ:NTNX) by 0.9% during the fourth quarter, according to a recent disclosure with the Securities and Exchange Commission. The company now owns 103,926 shares of Nutanix, worth $4,956,000. Other large investors have also adjusted their positions in the company, with Dimensional Fund Advisors … Read more