Stock Upsurging Yielding Gains in Session Nutanix, Inc. (NASDAQ:NTNX)

Session activity on Nutanix, Inc.(NASDAQ:NTNX) stock is placing it on today's most active list. The shares were sold at an average price of $21.82, for a total transaction of $545,500.00. Following the completion of the transaction, the vice president now directly owns 240,234 shares of the company's stock, valued at approximately $5,765,616.

For the Current Quarter, the growth estimate for Nutanix, 27%, while for the Next Quarter the stock growth estimate is 7.1%. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Kenneth W. Long III sold 30,000 shares of the firm's stock in a transaction on Wednesday, July 19th. The shares were sold at an average price of $19.90, for a total value of $537,300.00.

Shares of Nutanix, Inc. (NASDAQ NTNX) traded up 5.29% on Friday, reaching $24.70.

Insider Trades for Nutanix, Inc. show that the latest trade was made on 18 Sep 2017 where Sangster (David), the Officer completed a transaction type "Sell" in which 5891 shares were traded at a price of $22.39. The company rocked its 52-Week High of $46.78 and touched its 52-Week Low of $14.38.

Nutanix, Inc. (NTNX) has the market capitalization of $3.56 Billion. The company has a 50-day moving average price of $21.91 and a 200-day moving average price of $21.91. (NTNX) opened at 23.46 on Friday. The technology company reported ($0.33) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.38) by $0.05. Nutanix had a negative net margin of 59.72% and a negative return on equity of 295.56%. Analysts expect next quarter's EPS to be $-0.26 with next year's EPS projected to be $-0.56. The business's revenue was up 61.7% compared to the same quarter previous year. On average, equities analysts forecast that Nutanix Inc. will post ($0.97) earnings per share for the current fiscal year.


This stock (NTNX) is ahead of its 52-week low with 63.14%. If you are viewing this report on another site, it was copied illegally and republished in violation of US & worldwide copyright & trademark laws.

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.

A number of equities research analysts recently commented on the company. William Blair reissued a "buy" rating on shares of Nutanix in a research report on Thursday, August 31st.

On Monday, September 11th, Sudheesh Nair Vadakkedath sold 25,000 shares of Nutanix stock. The target implies a -3.75% decrease from where the shares are now trading. Bank of America Corporation reiterated a "buy" rating and issued a $27.00 target price on shares of Nutanix in a research report on Tuesday, May 30th. Analysts set a 12-month price target of $120.11 a share.

Several hedge funds have recently added to or reduced their stakes in NTNX. Short shares grew 1,296,644 over that period. For the quarter, shares have been noted at 26.81%. Sapphire Ventures L.L.C. purchased a new stake in shares of Nutanix in the first quarter worth about $51,506,000. PNC Financial Services Group Inc. acquired a new stake in Nutanix in the second quarter valued at $208,000. FMR LLC increased its stake in Nutanix by 320.6% during the second quarter. Finally, Public Employees Retirement System of OH increased its position in Nutanix by 6.3% in the 2nd quarter. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell.

Like this



23 September 2017
Algeria's Ghezzal Creates History In Monaco Win Vs Lille
It was Balotelli's 23rd goal in all competitions for Nice since the former Manchester City striker joined previous year . Elsewhere, Mario Balotelli scored from the spot as Nice came from behind to earn a 2-2 draw with Angers .

23 September 2017
Align Technology, Inc. (NASDAQ:ALGN) Stock Rating Reaffirmed by Robert W. Baird
After $0.20 actual EPS reported by Rayonier Inc. for the previous quarter, Wall Street now forecasts -75.00% negative EPS growth. Old Mutual Customised Solutions (Proprietary) Ltd has invested 0.06% in Align Technology, Inc. (NASDAQ:ALGN) for 117,000 shares.

23 September 2017
Protesters block traffic, march in streets of downtown St. Louis
Louis Cardinals announced Friday afternoon that musician Ed Sheeran will make his Busch Stadium debut on September 6, 2018. Hours earlier, officials had taken precautions to prevent potential protests from disrupting the concert.

23 September 2017
Paul Clement: 'Swansea City are evolving'
Swansea City will be looking to right their poor home form this season , as they face Watford at the Liberty Stadium on Saturday. Ki Sung-yeung is in training after knee surgery but will not be considered, while Nathan Dyer and Kyle Bartley remain out.

23 September 2017
LSV Asset Management Acquires 2909090 Shares of Lazard Ltd. (NYSE:LAZ)
Lazard comprises about 1.4% of BT Investment Management Ltd's investment portfolio, making the stock its 20th largest holding. It improved, as 33 investors sold LAZ shares while 88 reduced holdings. 21 funds opened positions while 56 raised stakes.

23 September 2017
China warns of 'complicated' situation on Korean Peninsula
Kim stated that he would not abandon Pyongyang's nuclear tests, and threatened to make Trump " pay dearly " for his speech. The top diplomat's remarks came less than an hour after President Trump heightened the war of words with North Korea .

23 September 2017
Most Active Volume Stock: Walgreens Boots Alliance, Inc. (WBA)
Finally, CWA Asset Management Group LLC lifted its holdings in shares of Walgreens Boots Alliance by 17.6% in the first quarter. The Company operates through three segments: Retail Pharmacy USA, Retail Pharmacy International and Pharmaceutical Wholesale.

23 September 2017
Integrated Device Technology (IDTI) Earning Positive Press Coverage, Report Finds
It offers products in radio frequency (RF), timing, wireless power transfer, serial switching, interfaces and sensing solutions. On August 1, 2017 the stock rating was rated "Underperform" by Bank of America which is down from the previous "Buy" rating.

23 September 2017
Crisis on Earth-X Crossover Announced: Supergirl, The Flash, Legends, Arrow
So naturally, a group of villains from Earth-X attack, thus explaining the title of the Arrowverse crossover, "Crisis on Earth-X". This fall, the CW superheroes will once again unite across four shows to take down a major evil and we now have a title.

23 September 2017
American Eagle Outfitters, Inc. Plans Quarterly Dividend of $0.13 (AEO)
Glen Harbor Capital Management LLC lifted its position in shares of American Eagle Outfitters by 2.2% during the first quarter. The business had revenue of $845.00 million during the quarter, compared to analysts' expectations of $823.84 million.