The most recent trading session ended with Nutanix (NTNX) standing at $47.46, reflecting a +1.02% shift from the previouse trading day’s closing. This change outpaced the S&P 500’s 0.77% loss on the day. Elsewhere, the Dow saw a downswing of 0.6%, while the tech-heavy Nasdaq depreciated by 1.05%. The the stock of enterprise cloud platform … Read more
On July 24, 2024, Generation Investment Management, led by Al Gore (Trades, Portfolio), executed a significant transaction involving the shares of Nutanix Inc (NTNX, Financial). The firm reduced its holdings by 108,260 shares, resulting in a new total of 12,530,227 shares. This move, priced at $48.92 per share, reflects a subtle yet strategic adjustment in … Read more
Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, has announced the date for its fiscal fourth quarter and fiscal year 2024 financial results release. The company will report its results on Wednesday, August 28, 2024, after U.S. markets close. A conference call and earnings webcast are scheduled for 4:30 … Read more
On June 18, 2024, Rajiv Ramaswami, President and Chief Executive Officer of Nutanix Inc (NASDAQ:NTNX), sold 23,986 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 407,045 shares of Nutanix Inc. Nutanix Inc (NASDAQ:NTNX) specializes in cloud software and hyperconverged infrastructure solutions, making computing … Read more
Nutanix NTNX, a prominent player in the hybrid multi-cloud computing space, has experienced a 13% decline in its stock price over the past six months, underperforming the Zacks Computer and Technology sector’s return of 13.6%. This decline has left investors questioning the company’s future prospects. This downturn occurs against a backdrop of broader tech sector … Read more
Nutanix (NTNX) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. A company’s changing earnings picture is at the core of the Zacks rating. The … Read more
Nutanix (NTNX) Upgraded to Buy: What Does It Mean for the Stock? MSN Article Source https://www.msn.com/en-us/money/markets/nutanix-ntnx-upgraded-to-buy-what-does-it-mean-for-the-stock/ar-BB1qYgLm
Tidal Investments LLC increased its holdings in Nutanix, Inc. (NASDAQ:NTNX – Free Report) by 37.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,551 shares of the technology company’s stock after acquiring an additional 6,364 shares during the period. Tidal Investments LLC’s … Read more
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock’s price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let’s see … Read more
Nutanix (NTNX) has been beaten down lately with too much selling pressure. While the stock has lost 8.6% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier. Here … Read more