Posted by on
Tags:
Categories: Uncategorized

@Nutanix Inc. (NASDAQ: #NTNX) President @SudheeshNairVadakkedath sold 25,000 shares of the company’s stock in a transaction that occurred on Monday, October 9th. The shares were sold at an average price of $23.14, for a total value of $578,500.00. Following the completion of the transaction, the president now directly owns 323,330 shares of the company’s stock, valued at approximately $7,481,856.20. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Sudheesh Nair Vadakkedath also recently made the following trade(s): Get Nutanix Inc. alerts:  Enter Your Email Address Submit On Tuesday, October 10th, Sudheesh Nair Vadakkedath sold 90,000 shares of Nutanix stock. The shares were sold at an average price of $24.48, for a total value of $2,203,200.00. On Friday, September 29th, Sudheesh Nair Vadakkedath sold 25,000 shares of Nutanix stock. The shares were sold at an average price of $22.41, for a total value of $560,250.00. On Monday, September 25th, Sudheesh Nair Vadakkedath sold 25,000 shares of Nutanix stock. The shares were sold at an average price of $24.30, for a total value of $607,500.00. On Friday, September 15th, Sudheesh Nair Vadakkedath sold 50,000 shares of Nutanix stock. The shares were sold at an average price of $21.39, for a total value of $1,069,500.00. On Tuesday, September 12th, Sudheesh Nair Vadakkedath sold 25,000 shares of Nutanix stock. The shares were sold at an average price of $21.99, for a total value of $549,750.00. On Monday, September 11th, Sudheesh Nair Vadakkedath sold 25,000 shares of Nutanix stock. The shares were sold at an average price of $21.82, for a total value of $545,500.00. On Wednesday, September 13th, Sudheesh Nair Vadakkedath sold 75,000 shares of Nutanix stock. The shares were sold at an average price of $21.88, for a total value of $1,641,000.00. Shares of Nutanix Inc. (NTNX) opened at 26.62 on Friday. Nutanix Inc. has a 52-week low of $14.38 and a 52-week high of $34.96. The company’s 50-day moving average price is $23.25 and its 200-day moving average price is $23.25. The company’s market capitalization is $4.12 billion.  Nutanix (NASDAQ:NTNX) last announced its quarterly earnings data on Thursday, August 31st. The technology company reported ($0.33) EPS for the quarter, beating the 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%. The business had revenue of $226.10 million during the quarter, compared to the consensus estimate of $216.00 million. Nutanix’s quarterly revenue was up 61.7% on a year-over-year basis. Equities research analysts forecast that Nutanix Inc. will post ($0.94) EPS for the current fiscal year. NTNX has been the subject of several recent research reports. Vetr cut Nutanix from a “strong-buy” rating to a “buy” rating and set a $27.22 price target for the company. in a report on Tuesday. BTIG Research reaffirmed a “hold” rating and issued a $22.00 price target on shares of Nutanix in a report on Friday, September 1st. Zacks Investment Research raised Nutanix from a “hold” rating to a “buy” rating and set a $25.00 price target for the company in a report on Friday, September 8th. JMP Securities reaffirmed an “outperform” rating and issued a $35.00 price target on shares of Nutanix in a report on Sunday, September 3rd. Finally, Credit Suisse Group reaffirmed a “buy” rating and issued a $38.00 price target on shares of Nutanix in a report on Friday, July 28th. One analyst has rated the stock with a sell rating, six have issued a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Nutanix has a consensus rating of “Buy” and a consensus price target of $30.28. Hedge funds and other institutional investors have recently bought and sold shares of the business. Legal & General Group Plc grew its stake in shares of Nutanix by 3,147.6% during the second quarter. Legal & General Group Plc now owns 8,801 shares of the technology company’s stock worth $175,000 after buying an additional 8,530 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of Nutanix during the second quarter worth $186,000. First American Bank bought a new stake in shares of Nutanix during the second quarter worth $205,000. PNC Financial Services Group Inc. bought a new stake in shares of Nutanix during the second quarter worth $208,000. Finally, Oppenheimer & Co. Inc. bought a new stake in shares of Nutanix during the first quarter worth $211,000. 31.48% of the stock is currently owned by hedge funds and other institutional investors. Nutanix Company Profile 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. The Company’s enterprise cloud platform connects to public cloud services. It has operations in the United States; Europe, the Middle East and Africa; Asia-Pacific, and Other Americas.

https://stocknewstimes.com/2017/10/14/nutanix-inc-ntnx-president-sells-578500-00-in-stock.html

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.