Maryland State Retirement & Pension System increased its stake in Nutanix, Inc. in the first quarter, owning 19,060 shares worth $1,152,000. Other hedge funds have also added to their positions in the company. Nutanix’s stock performance has seen a 52-week low of $26.85 and a high of $73.69, with recent earnings beating expectations and a … Read more
Nutanix and Dell Technologies have announced a collaboration aimed at accelerating customers’ digital transformation through hybrid multicloud solutions. The partnership will offer two new solutions: an integrated hyperconverged appliance combining Nutanix Cloud Platform and Dell servers, and Nutanix Cloud Platform for Dell PowerFlex, allowing for independent scaling of compute and storage. These solutions are expected … Read more
Compass Ion Advisors LLC recently purchased 3,787 shares of Nutanix, Inc. (NASDAQ:NTNX) in the first quarter, totaling about $234,000. Other institutional investors like Atlantic Edge Private Wealth Management LLC and Harvest Fund Management Co. Ltd also acquired stakes in Nutanix during the 4th quarter. In total, 85.25% of Nutanix’s stock is owned by institutional investors. … Read more
Nutanix (NTNX) is set to announce its second-quarter fiscal 2022 results on Mar 2, with revenue expected to be between $400-$410 million. Analysts estimate revenues to hit $407.9 million, representing a 17.8% growth from the previous year. The projected loss per share is 21 cents, showing a significant improvement from a year ago. Nutanix has … Read more
Nutanix recently reported third-quarter fiscal 2024 earnings that exceeded expectations, with non-GAAP earnings of 28 cents per share and revenues rising to $524.6 million. The company’s top line growth was driven by increased demand for its hyper-converged infrastructure software and hybrid multi-cloud solutions. During the quarter, Nutanix added 490 customers, totaling 25,860 clients. The company’s … Read more
Nutanix has conducted its sixth annual Financial Services Enterprise Cloud Index (ECI) survey, showcasing upcoming trends in the financial services and insurance industry. The key takeaway is a projected threefold increase in hybrid multicloud adoption over the next three years, driven by the need for improved data security, ransomware protection, and the integration of AI … Read more
Nutanix, Inc. (NASDAQ:NTNX) has seen its stock price drop by 42% over the past five years, causing some long-term shareholders to doubt their decision to hold onto the stock. The company is not currently profitable, so analysts are looking at its revenue growth to gauge its underlying business performance. Despite growing its revenue by 8.6% … Read more
Nutanix Inc (NASDAQ:NTNX) recently announced its financial results for the second quarter ended January 31, 2024, demonstrating strong growth and financial performance despite economic challenges. The company reported a 26% increase year-over-year in Annual Recurring Revenue (ARR), reaching $1.74 billion, and a 16% increase in revenue to $565.2 million. Nutanix also achieved GAAP operating income … Read more
Rajiv Ramaswami, President and CEO of Nutanix Inc (NASDAQ:NTNX), recently sold 23,932 shares in the company on March 18, 2024, at an average price of $63.05 per share, totaling $1,509,226.60. Nutanix specializes in cloud computing, providing an integrated enterprise cloud platform that simplifies datacenter operations. Over the past year, Ramaswami has sold a total of … Read more
Nutanix recently reported its first-quarter fiscal 2022 financial results, with a non-GAAP loss of 22 cents per share, narrower than expected. The company’s revenues of $378.5 million also beat estimates, showing a 21% increase from the year-ago quarter. Nutanix’s Annual Contract Value billings saw a significant jump of 33% during the quarter, marking the highest … Read more