Nutanix, Inc. (NASDAQ:NTNX – Get Free Report) COO David Sangster sold 11,950 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $59.83, for a total transaction of $714,968.50. Following the transaction, the chief operating officer now owns 123,868 shares of the company’s stock, valued at $7,411,022.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Nutanix Price Performance
Shares of NTNX opened at $57.40 on Thursday. The business has a 50-day moving average of $53.61 and a 200-day moving average of $58.89. Nutanix, Inc. has a 1 year low of $33.30 and a 1 year high of $73.69. The company has a market capitalization of $14.16 billion, a price-to-earnings ratio of -820.00, a price-to-earnings-growth ratio of 12.07 and a beta of 1.19.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Nutanix during the second quarter worth $25,000. Itau Unibanco Holding S.A. bought a new stake in Nutanix during the second quarter valued at $32,000. Kapitalo Investimentos Ltda acquired a new stake in Nutanix during the 4th quarter worth about $37,000. GAMMA Investing LLC raised its position in shares of Nutanix by 35.2% in the 2nd quarter. GAMMA Investing LLC now owns 933 shares of the technology company’s stock worth $53,000 after acquiring an additional 243 shares in the last quarter. Finally, Fidelis Capital Partners LLC acquired a new position in shares of Nutanix in the 1st quarter valued at about $64,000. Institutional investors own 85.25% of the company’s stock.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock 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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