Economy

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, Inc.is 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.

TRADEMARK VIOLATION NOTICE: "Nutanix Inc".

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

Latest


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
Diamond Offshore Drilling, Inc. (NYSE:DO)
These patterns have a low break even failure rate and decent average rise in a bull market, giving them a solid performance rank. In terms of Buy, Sell or Hold recommendations, Diamond Offshore Drilling (NYSE:DO) has analysts' mean recommendation of 3.1.

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
JP Morgan Chase & Co (NYSE:JPM) Valuation According To Analysts
The collective rating of 2.8 for Kohl's Corporation (NYSE:KSS) also leans strongly towards the neutral end of the spectrum. Tt International sold 16,842 shares as the company's stock 0.00%. (NYSE: JPM ) advice adding it to buy candidate list.

23 September 2017
Taking a Look at the Data Behind Molson Coors Brewing Company
Out of 12 Wall Street analysts rating Molson Coors Brewing Company , 5 give it "Buy", 1 "Sell" rating , while 6 recommend "Hold". After posting $1.66 EPS for the previous quarter, Molson Coors Brewing Co's analysts now forecast -18.07 % negative EPS growth.

23 September 2017
ENSCO PLC (ESV) Getting Somewhat Favorable News Coverage, Study Shows
Considering that the stock daily volume of 22.01 million shares, this represents a pretty noteworthy trading in volume size. Employees Retirement Association Of Colorado holds 0.08% of its portfolio in CubeSmart (NYSE:CUBE) for 380,895 shares.

23 September 2017
Woman, children rescued from capsized ship near Puerto Rico
Still, that storm knocked out power to 70 percent of the island and left almost 40 percent of Puerto Ricans without running water. The storm is now a Category 3 hurricane, and is moving away from the Turks and Caicos Islands.

23 September 2017
Thomas Jane tries to get away with murder in creepy 1922 trailer
Director Zak Hilditch, known for his sci-fi thriller These Final Hours , helms 1922 and penned the screenplay based on King's story.

23 September 2017
Analyst Research and Ratings: Encana Corporation (ECA), Caesars Entertainment Corporation (CZR)
American International Group Inc. increased its stake in Caesars Entertainment Corporation by 7.1% during the 1st quarter. Caesars Entertainment Corporation (CZR ) stock is interesting player of Wall Street Market in Yesterday trading.



Recommended