Economy

Nutanix Inc. (NTNX) Shares Bought by Schwab Charles Investment Management Inc

Nutanix, Inc. (NASDAQ:NTNX) has seen its stock price gain 1.39, or +5.23%, so far in 2017.

The most recent open market insider trade was Automatic Sell of 10,000 shares on a day where the closing price was 26.87.

Several other institutional investors and hedge funds also recently modified their holdings of NTNX. JMP Securities reiterated an "outperform" rating and issued a $35.00 price objective on shares of Nutanix in a research note on Sunday, September 3rd. These shares are worth $268,700 and were traded at $26.87 each. Bank of America Corporation lifted their price objective on shares of Nutanix from $30.00 to $35.00 and gave the company a "buy" rating in a research note on Monday, September 18th. Stifel Nicolaus reaffirmed a neutral - hold rating on shares of Nutanix in a research note on Friday, June 30th. Of those analysts, 8 rate stock as a Strong Buy, 6 rate it as Hold, and just no analyst rates it as a Moderate Sell. The company presently has an average rating of Buy and a consensus price target of $30.43. Following the completion of the sale, the executive vice president now directly owns 116,250 shares in the company, valued at $2,473,800.

In the transaction dated October 10, 2017, the great number of shares disposed came courtesy the President; Vadakkedath Sudheesh Nair disposed a total of 90,000 shares at an average price of $24.48, amounting to approximately $2,203,200. (NASDAQ:NTNX) stock was 1.66% off of the high and 39.61% removed from the low. The company's market cap is $4.27 billion.

Nutanix, Inc. (NASDAQ:NTNX) performed nicely this week, continuing its impressive near-term upward movement.

Checking out a public company's Earnings per Share (EPS) is a smart way of assessing its profitability. Nutanix had a negative net margin of 59.72% and a negative return on equity of 295.56%. The firm had revenue of $226.10 million for the quarter, compared to the consensus estimate of $216.00 million. The business's revenue was up 61.7% on a year-over-year basis. In terms of performance, year to date, the stock is -0.38%. If you are viewing this article on another site, it was illegally copied and reposted in violation of United States & global trademark & copyright law. (NASDAQ:NTNX) by some 25,418,243 shares, 51 decreased positions by 4,697,826 and 6 held positions by 18,475,211. The company's stock had a trading volume of 1,754,480 shares. The stock was sold at an average price of $21.55, for a total value of $431,000.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Sunil Potti sold 10,000 shares of Nutanix stock in a transaction on Tuesday, August 15th. In a transaction dated October 12, 2017, the shares were put up for sale at an average price of $26.57, raking in a sum of $1,062,800. Ameriprise Financial Inc. now owns 155,418 shares of the technology company's stock valued at $2,916,000 after purchasing an additional 64,102 shares during the period. The disclosure for this sale can be found here. Public Employees Retirement System of OH increased its holdings in Nutanix by 6.3% in the 2nd quarter.

TRADEMARK VIOLATION WARNING: "William Blair Reiterates "Outperform" Rating for Nutanix Inc".

The top 5 institutional holders, in ascending order, are as follows: FMR LLC with 12.04 million shares, VANGUARD GROUP INC with 3.16 million shares, SAPPHIRE VENTURES, L.L.C. with 2.74 million shares, FRANKLIN RESOURCES INC with 2.73 million shares, and CANADA PENSION PLAN INVESTMENT BOARD with 2.61 million shares. PNC Financial Services Group Inc. purchased a new position in Nutanix in the 2nd quarter worth approximately $208,000. Wells Fargo & Company MN now owns 60,584 shares of the technology company's stock valued at $1,137,000 after purchasing an additional 14,233 shares during the period. Fairfield Bush & CO. bought a new position in Nutanix in the 2nd quarter valued at about $2,760,000.



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