Nutanix (NASDAQ:NTNX) Rating Increased to Hold at ValuEngine

Maxim Group reissued a buy rating and set a $51.00 target price on shares of Nutanix in a research report on Friday, December 22nd. Cambridge Investment Research Advisors Inc. purchased a new position in Nutanix in the fourth quarter valued at approximately $374,000.

Nutanix climbed 3% to close at 53.04 on the stock market today, after ending Monday trades up almost 5% to 51.48.

Nutanix, Inc. (NASDAQ:NTNX) now has a "Buy" signals on Composite indicators by TrendSpotter.

Nutanix (NASDAQ:NTNX) traded up $2.77 during trading on Friday, reaching $49.10. Stifel Nicolaus has "Buy" rating and $52.0 target. About 9.68M shares traded or 144.54% up from the average.

Several other research analysts also recently commented on NTNX.

In related news, President Sudheesh Nair Vadakkedath sold 40,000 shares of the firm's stock in a transaction that occurred on Monday, March 5th.

Analysts believe that the company has the potential to earn average revenue of $278.61 Million for the current quarter. Jefferies Group boosted their target price on shares of Nutanix to $60.00 and gave the company a "buy" rating in a research report on Tuesday. The shares were sold at an average price of $35.36, for a total transaction of $10,608,000.00.

Nutanix, Inc. (NASDAQ:NTNX) received a Buy rating from 3 analysts. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Ladenburg Thalmann Financial Services Inc. now owns 7,432 shares of the technology company's stock worth $262,000 after acquiring an additional 3,982 shares in the last quarter. Nutanix has a 1 year low of $14.38 and a 1 year high of $53.67. BTIG Research upgraded shares of Nutanix from a "neutral" rating to a "buy" rating in a research report on Friday.

Among 24 analysts covering Nutanix (NTNX), 20 have Buy rating, 2 Sell and 2 Hold. RBC Capital Markets maintained Nutanix, Inc. The technology company reported ($0.14) EPS for the quarter, beating the Zacks' consensus estimate of ($0.20) by $0.06. Wells Fargo & Co started coverage on shares of Nutanix in a research report on Tuesday, November 14th.

Nutanix, Inc. (NTNX) has the market capitalization of $7.43 Billion. Also, CEO Dheeraj Pandey sold 33,100 shares of Nutanix stock in a transaction that occurred on Wednesday, December 20th. Nutanix had a negative return on equity of 270.61% and a negative net margin of 33.34%. Hedge funds and other institutional investors own 44.29% of the company's stock. The disclosure for this sale can be found here.

More notable recent Nutanix, Inc. Focused Wealth Management Inc raised its position in Nutanix by 107.2% in the 4th quarter. Hence the difference between Predicted EPS and Actual EPS reported is $0.06/share which shows an Earnings Surprise of 30 Percent. US Bancorp DE now owns 4,753 shares of the technology company's stock valued at $168,000 after purchasing an additional 4,253 shares in the last quarter. During the same period in the previous year, the business posted ($0.28) earnings per share. analysts expect that Nutanix will post -1.59 earnings per share for the current fiscal year. Trinity Street Asset Management LLP bought a new position in shares of Nutanix during the 4th quarter worth approximately $29,363,000.

Nutanix's software manages network, storage and server infrastructure in private cloud-computing platforms, an emerging market called "hyperconvergence".

Nutanix, Inc., together with its subsidiaries, provides an enterprise cloud operating system in North America, Europe, the Asia-Pacific, the Middle East, Latin America, and Africa.

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