Nutanix, Inc. (NASDAQ:NTNX) Takes Off in Trading Today - Up by 5.54%

More important recent Nutanix Inc (NASDAQ:NTNX) news were published by: which released: "Nutanix Remains 'Top Player, ' Analyst Raises Estimates Ahead Of Earnings" on August 28, 2017, also published article titled: "Cisco scoops up Sunnyvale-based Nutanix competitor for $320M", published: "Nutanix (NTNX) to Report Q4 Earnings: Is a Beat in Store?" on August 29, 2017. Traders acquired 10,474 call options on the company. Overall, volume was up 83.72% over the stocks normal daily volume.

The stock of Nutanix Inc (NASDAQ:NTNX) is a huge mover today! The firm now has a $35.00 target price on the technology company's stock. In the most recent session, the stock price hovered around $1.59 (7.60%) between intraday high and intraday low. The firm's market cap is $3.33 billion.

Nutanix (NASDAQ:NTNX) last posted its quarterly earnings results on Thursday, August 31st. The business had revenue of $226.10 million for the quarter, compared to analyst estimates of $218.03 million. Nutanix had a negative return on equity of 248.46% and a negative net margin of 59.72%. Nutanix's revenue was up 61.7% compared to the same quarter a year ago. Equities analysts expect that Nutanix will post ($1.33) EPS for the current fiscal year. Rajiv Mirani, SVP, Engineering disclosed the sale of 20,000 shares. The shares were sold at an average price of $20.02, for a total transaction of $92,092.00.

Active and passive investors always require every bit of information available regarding his chosen security and this include keeping close watch on fundamental and technical data. Also, insider Sunil Potti sold 10,000 shares of Nutanix stock in a transaction that occurred on Tuesday, August 15th. The disclosure for this sale can be found here. The Manufacturers Life Insurance Company now owns 30,383 shares of the technology company's stock worth $612,000 after acquiring an additional 26,393 shares during the last quarter.

A number of large investors have recently bought and sold shares of the business. Tenzing Global Management LLC now owns 75,000 shares of the technology company's stock valued at $1,408,000 after acquiring an additional 5,000 shares during the period. Quantbot Technologies LP lifted its position in Nutanix by 66.5% during the 1st quarter. Its last month's stock price volatility remained 5.29% which for the week approaches 4.81%. United Capital Financial Advisers LLC raised its holdings in Nutanix by 7.1% during the first quarter. Following the transaction, the insider now directly owns 123,603 shares of the company's stock, valued at approximately $2,648,812.29. Inc. purchased a new stake in shares of Nutanix during the first quarter worth approximately $211,000. State Street Corp now owns 547,995 shares of the technology company's stock worth $11,042,000 after acquiring an additional 325,821 shares during the last quarter. Legal & General Group Plc boosted its position in Nutanix by 3,147.6% during the 2nd quarter. Public Employees Retirement System of OH now owns 135,605 shares of the technology company's stock valued at $2,732,000 after acquiring an additional 8,066 shares during the period. Robert W. Baird reissued a buy rating on shares of Nutanix in a research report on Friday, May 26th. JMP Securities reissued an "outperform" rating and set a $35.00 target price on shares of Nutanix in a report on Sunday. The shares were sold on July 14th for an average price of $21.97. Goldman Sachs Group, Inc. BTIG Research reissued a "hold" rating and set a $22.00 target price on shares of Nutanix in a report on Friday, September 1st. On July 14 the stock rating was upgraded to "Conviction Buy" from "Buy" by analysts at Goldman Sachs. The stock now has a consensus rating of Buy and a consensus price target of $30.96.

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