Quadrature Capital Ltd Acquires Shares of 157,261 Nutanix Inc (NTNX)

Quadrature Capital Ltd acquired a new stake in shares of Nutanix Inc (NASDAQ:NTNX) during the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 157,261 shares of the technology company’s stock, valued at approximately $5,548,000.

A number of other hedge funds also recently modified their holdings of the stock. US Bancorp DE raised its stake in Nutanix by 850.6% in the fourth quarter. US Bancorp DE now owns 4,753 shares of the technology company’s stock valued at $168,000 after buying an additional 4,253 shares during the last quarter. Thompson Davis & CO. Inc. raised its stake in Nutanix by 320.0% in the third quarter. Thompson Davis & CO. Inc. now owns 5,250 shares of the technology company’s stock valued at $118,000 after buying an additional 4,000 shares during the last quarter. First American Bank purchased a new stake in Nutanix in the fourth quarter valued at about $207,000. Fox Run Management L.L.C. purchased a new stake in Nutanix in the fourth quarter valued at about $212,000. Finally, Vicus Capital purchased a new stake in Nutanix in the fourth quarter valued at about $219,000. 38.31% of the stock is currently owned by institutional investors.

Nutanix Inc (NTNX) opened at $35.60 on Friday. Nutanix Inc has a 12 month low of $14.38 and a 12 month high of $38.80.

Nutanix (NASDAQ:NTNX) last announced its quarterly earnings data on Thursday, November 30th. The technology company reported ($0.16) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.26) by $0.10. Nutanix had a negative return on equity of 271.31% and a negative net margin of 40.81%. The firm had revenue of $275.60 million during the quarter, compared to analysts’ expectations of $267.02 million. During the same period last year, the business posted ($0.37) earnings per share. The company’s revenue for the quarter was up 46.1% compared to the same quarter last year. research analysts anticipate that Nutanix Inc will post -1.71 EPS for the current fiscal year.

A number of research firms have commented on NTNX. Oppenheimer increased their price target on Nutanix to $40.00 and gave the company an “outperform” rating in a research note on Friday, December 1st. Royal Bank of Canada reiterated an “outperform” rating and issued a $37.00 price target (up from $34.00) on shares of Nutanix in a research note on Friday, November 24th. Vetr cut Nutanix from a “strong-buy” rating to a “buy” rating and set a $33.55 price target for the company. in a research note on Tuesday, November 21st. Morgan Stanley increased their price target on Nutanix from $22.00 to $35.00 and gave the company a “hold” rating in a research note on Friday, December 1st. Finally, Piper Jaffray Companies reiterated a “buy” rating and issued a $40.00 price target on shares of Nutanix in a research note on Friday, December 1st. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $36.00.

In other news, EVP David Sangster sold 5,892 shares of the firm’s stock in a transaction dated Tuesday, December 19th. The stock was sold at an average price of $36.32, for a total value of $213,997.44. Following the completion of the transaction, the executive vice president now directly owns 12,500 shares in the company, valued at $454,000. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Dheeraj Pandey sold 71,400 shares of the firm’s stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $35.33, for a total value of $2,522,562.00. Following the completion of the transaction, the chief executive officer now owns 288,612 shares of the company’s stock, valued at $10,196,661.96. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,326,667 shares of company stock valued at $47,327,622. Company insiders own 19.81% of the company’s stock.

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About Nutanix

Nutanix, Inc is a United States-based company, which provides an enterprise cloud platform that converges silos of server, virtualization and storage into an integrated solution. The Company’s enterprise cloud platform connects to public cloud services. It has operations in the United States; Europe, the Middle East and Africa; Asia-Pacific, and Other Americas.

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Institutional Ownership by Quarter for Nutanix (NASDAQ:NTNX)

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