Doliver Advisors LP Acquires 1,033 Shares of Nutanix, Inc. (NASDAQ:NTNX)

Doliver Advisors LP boosted its position in shares of Nutanix, Inc. (NASDAQ:NTNX) by 17.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 6,820 shares of the technology company’s stock after buying an additional 1,033 shares during the quarter. Doliver Advisors LP’s holdings in Nutanix were worth $417,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Freedom Investment Management Inc. increased its position in Nutanix by 4.0% during the third quarter. Freedom Investment Management Inc. now owns 3,883 shares of the technology company’s stock worth $230,000 after acquiring an additional 151 shares during the period. CIBC Asset Management Inc boosted its position in Nutanix by 3.4% during the 3rd quarter. CIBC Asset Management Inc now owns 7,036 shares of the technology company’s stock worth $417,000 after buying an additional 233 shares during the period. Paragon Capital Management Inc. raised its holdings in Nutanix by 1.0% during the 3rd quarter. Paragon Capital Management Inc. now owns 26,082 shares of the technology company’s stock worth $1,545,000 after purchasing an additional 258 shares during the last quarter. Larson Financial Group LLC lifted its stake in Nutanix by 122.7% in the third quarter. Larson Financial Group LLC now owns 510 shares of the technology company’s stock valued at $30,000 after buying an additional 281 shares during the period. Finally, Advisors Asset Management Inc. increased its position in Nutanix by 150.7% in the 3rd quarter. Advisors Asset Management Inc. now owns 534 shares of the technology company’s stock valued at $32,000 after buying an additional 321 shares in the last quarter. 85.25% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CEO Rajiv Ramaswami sold 63,901 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $65.85, for a total value of $4,207,880.85. Following the sale, the chief executive officer now owns 649,034 shares in the company, valued at approximately $42,738,888.90. This trade represents a 8.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Virginia Gambale sold 6,060 shares of the business’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $64.73, for a total transaction of $392,263.80. Following the sale, the director now owns 45,330 shares of the company’s stock, valued at approximately $2,934,210.90. This represents a 11.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 81,771 shares of company stock valued at $5,387,045 over the last ninety days. 6.80% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

NTNX has been the subject of several analyst reports. Northland Securities reissued a “market perform” rating and issued a $77.00 price objective (up from $74.00) on shares of Nutanix in a research note on Wednesday, November 27th. UBS Group initiated coverage on Nutanix in a research report on Thursday, December 12th. They set a “buy” rating and a $81.00 price target on the stock. Wells Fargo & Company lifted their price target on Nutanix from $60.00 to $75.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 27th. Barclays increased their target price on shares of Nutanix from $75.00 to $87.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 27th. Finally, Oppenheimer began coverage on shares of Nutanix in a research report on Wednesday, November 13th. They issued an “outperform” rating and a $80.00 price objective on the stock. Three equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $79.47.

Nutanix Trading Up 1.9 %

NTNX stock traded up $1.21 during midday trading on Monday, hitting $63.89. The company’s stock had a trading volume of 1,070,655 shares, compared to its average volume of 1,540,004. The firm’s 50-day moving average is $66.42 and its 200-day moving average is $59.98. Nutanix, Inc. has a 12 month low of $43.35 and a 12 month high of $75.80. The company has a market cap of $17.12 billion, a PE ratio of -182.54, a P/E/G ratio of 10.34 and a beta of 1.16.

About Nutanix

Nutanix, Inc engages in the provision of a cloud platform leveraging web-scale engineering and consumer-grade design. It operates through the following geographic segments: United States, Europe, the Middle East, Africa, Asia Pacific, and Other Americas. The firm also provides software solutions and cloud services to customers’ enterprise infrastructure.