Nutanix, Inc. (NASDAQ:NTNX – Get Free Report) CFO Rukmini Sivaraman sold 24,316 shares of the company’s stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $58.85, for a total transaction of $1,430,996.60. Following the transaction, the chief financial officer now owns 192,169 shares in the company, valued at approximately $11,309,145.65. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Nutanix Price Performance
NTNX opened at $57.40 on Thursday. The firm has a fifty day moving average price of $53.61 and a 200 day moving average price of $58.89. Nutanix, Inc. has a 1 year low of $33.30 and a 1 year high of $73.69. The stock has a market cap of $14.16 billion, a P/E ratio of -820.00, a P/E/G ratio of 12.07 and a beta of 1.19.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Nutanix during the 2nd quarter valued at about $25,000. Itau Unibanco Holding S.A. acquired a new stake in Nutanix in the second quarter valued at approximately $32,000. Kapitalo Investimentos Ltda acquired a new stake in Nutanix in the fourth quarter valued at approximately $37,000. GAMMA Investing LLC increased its position in shares of Nutanix by 35.2% in the second quarter. GAMMA Investing LLC now owns 933 shares of the technology company’s stock valued at $53,000 after buying an additional 243 shares in the last quarter. Finally, Fidelis Capital Partners LLC acquired a new position in shares of Nutanix during the 1st quarter worth approximately $64,000. Institutional investors and hedge funds own 85.25% of the company’s stock.
Wall Street Analysts Forecast Growth
Check Out Our Latest Analysis on NTNX
About Nutanix
Nutanix, Inc provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa. The company offers hyperconverged infrastructure software stack that converges virtualization, storage, and networking services into a turnkey solution; Acropolis Hypervisor, an enterprise-grade virtualization solution; flow virtual networking and flow network security, which offers services to visualize the network, automate common network operations, and build virtual private networks; Nutanix Kubernetes Engine for automated deployment and management of Kubernetes clusters to simplify the provisioning, operations, and lifecycle management of cloud-native environments, applications, and microservices; and Nutanix Cloud Clusters.
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