Nutanix Inc (NASDAQ:NTNX) Shares Acquired by Nepsis Inc.

Nepsis Inc. grew its stake in Nutanix Inc (NASDAQ:NTNX) by 6.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 127,220 shares of the technology company’s stock after purchasing an additional 7,488 shares during the quarter. Nutanix makes up approximately 1.8% of Nepsis Inc.’s holdings, making the stock its 24th biggest holding. Nepsis Inc. owned about 0.07% of Nutanix worth $3,303,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of NTNX. AdvisorNet Financial Inc raised its stake in shares of Nutanix by 8,992.3% in the 2nd quarter. AdvisorNet Financial Inc now owns 1,182 shares of the technology company’s stock valued at $31,000 after purchasing an additional 1,169 shares in the last quarter. Tortoise Index Solutions LLC acquired a new stake in shares of Nutanix in the 1st quarter valued at about $37,000. Advisory Services Network LLC raised its stake in shares of Nutanix by 26.6% in the 4th quarter. Advisory Services Network LLC now owns 1,203 shares of the technology company’s stock valued at $50,000 after purchasing an additional 253 shares in the last quarter. Covenant Multifamily Offices LLC acquired a new stake in shares of Nutanix in the 1st quarter valued at about $57,000. Finally, Parallel Advisors LLC raised its stake in shares of Nutanix by 98.5% in the 1st quarter. Parallel Advisors LLC now owns 1,552 shares of the technology company’s stock valued at $59,000 after purchasing an additional 770 shares in the last quarter. Institutional investors and hedge funds own 60.28% of the company’s stock.

Shares of NASDAQ:NTNX opened at $22.16 on Friday. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 1.48. Nutanix Inc has a fifty-two week low of $21.89 and a fifty-two week high of $63.38. The firm’s 50-day simple moving average is $25.62. The company has a market cap of $4.39 billion, a P/E ratio of -13.11 and a beta of 1.36.

Nutanix (NASDAQ:NTNX) last posted its earnings results on Thursday, May 30th. The technology company reported ($1.08) EPS for the quarter, missing the consensus estimate of ($0.96) by ($0.12). Nutanix had a negative return on equity of 127.35% and a negative net margin of 41.47%. The firm had revenue of $287.60 million during the quarter, compared to the consensus estimate of $297.20 million. During the same quarter last year, the company posted ($0.21) EPS. Nutanix’s revenue for the quarter was up .0% on a year-over-year basis. As a group, analysts expect that Nutanix Inc will post -3.28 earnings per share for the current fiscal year.

A number of equities research analysts have recently issued reports on NTNX shares. Odeon Capital Group started coverage on shares of Nutanix in a research note on Thursday, May 9th. They issued a “buy” rating on the stock. OTR Global started coverage on shares of Nutanix in a research report on Thursday, May 16th. They set a “neutral” rating for the company. ValuEngine raised shares of Nutanix from a “buy” rating to a “strong-buy” rating in a research report on Thursday. BTIG Research lowered their price objective on shares of Nutanix to $40.00 and set a “buy” rating for the company in a research report on Friday, May 31st. Finally, Bank of America lowered their price objective on shares of Nutanix from $51.00 to $41.00 and set a “buy” rating for the company in a research report on Friday, May 31st. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Nutanix presently has an average rating of “Hold” and a consensus price target of $42.58.

Nutanix Company Profile

Nutanix, Inc, together with its subsidiaries, develops and provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa. Its solution addresses a range of workloads, including enterprise applications, databases, virtual desktop infrastructure, unified communications, and big data analytics.

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Institutional Ownership by Quarter for Nutanix (NASDAQ:NTNX)

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