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, including COO David Sangster and CEO Rajiv Ramaswami. Nutanix’s stock value has been fluctuating, trading down 4.1% at $53.02. Wall Street analysts have forecasted growth for the company, with various price targets and ratings. Nutanix provides enterprise cloud solutions and has a number of products in its portfolio. While some analysts rate NTNX as a “Moderate Buy,” there are other stocks that analysts recommend as better buys. MarketBeat tracks top analysts’ recommendations for investment opportunities. Investors interested in the metaverse and related companies like Meta, Roblox, and Unity can find valuable information in MarketBeat’s reports.
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https://www.marketbeat.com/instant-alerts/nasdaq-ntnx-sec-filing-2024-06-03/
