Nutanix, Inc.’s Chief Operating Officer, David Sangster, has been involved in significant trading of the company’s stock according to recent SEC filings. He acquired 23,234 shares of Class A Common Stock for free on June 15, 2024, and then sold 12,284 shares on the same day to cover tax obligations, generating $663,458. Additionally, Sangster sold … Read more
Data center infrastructure providers Nutanix Inc. and Pure Storage Inc. are experiencing contrasting fates as they offer different outlooks for the current quarter. Nutanix’s shares dropped over 16% after-hours due to guidance below Wall Street’s expectations, while Pure saw a more than 9% increase in shares after surpassing forecasts. Nutanix reported mixed results for the … Read more
Nic Chahine has an impressive track record of averaging 27% profits every 20 days with his options buys, boasting an 83% win rate in the process. Nutanix, Inc. (NASDAQ:NTNX) recently reported third-quarter FY24 results, showcasing a 17% year-over-year revenue increase to $524.6 million. The company also saw Annual Contract Value (ACV) billings rise by 20% … Read more
Nutanix Inc. had plans to launch a public cloud offering to compete with Amazon Web Services in the latter half of 2018, but engineering hurdles may delay its release. CEO Dheeraj Pandey has realized that challenging Amazon.com is more difficult than anticipated. Based in San Jose, Nutanix is known for its hyperconverged systems that combine … Read more
Nutanix, a leading cloud computing company, recently released weaker guidance for their upcoming fiscal quarter, leading to an 11% drop in their stock price. This news comes as a disappointment to investors who were expecting stronger performance from the company. Nutanix has been facing increased competition in the cloud computing market, which has put pressure … Read more
Hybrid computing poses challenges due to the diverse range of technologies involved, from cloud native to legacy systems. The definition of cloud native applications, as defined by the Cloud Native Computing Foundation, focuses on micro-services and containerization. However, users struggle to integrate these technologies seamlessly, leading to a need for a new term to encompass … 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
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, a technology company listed on the NasdaqGS under the symbol NTNX, recently reported their third quarter 2024 financial results. The company’s revenue for the quarter was US$524.6 million, representing a 17% increase from the same period in 2023. Nutanix also reported a net loss of US$15.6 million, which was a significant improvement of 78% … Read more
The cloud-native community is emphasizing the importance of decoupled distribution to enable application mobility across clouds. This approach is necessary due to the various service, pricing, and functionality options offered by hyperscalers in the cloud service provider layer. Organizations often require a mix of cloud services and need to comply with local data governance regulations … Read more