Nutanix Inc (NASDAQ: NTNX) is 13.35% higher on its value in year-to-date trading and has touched a low of $43.35 and a high of $75.80 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NTNX stock was last observed hovering at around $66.92 in the last trading session, with the day’s gains setting it 2.43%.
Currently trading at $69.35, the stock is -1.13% and 4.08% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.69 million and changing 3.63% at the moment leaves the stock 12.68% off its SMA200. NTNX registered 18.02% gain for a year compared to 6-month gain of 29.99%.
The stock witnessed a 10.13% loss in the last 1 month and extending the period to 3 months gives it a -2.24%, and is -3.77% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.00% over the week and 3.10% over the month.
Nutanix Inc (NTNX) has around 7150 employees, a market worth around $18.58B and $2.23B in sales. Fwd P/E is 36.79. Profit margin for the company is -3.54%. Distance from 52-week low is 59.98% and -8.51% from its 52-week high.
The EPS is expected to grow by 14.78% this year
The shares outstanding are 267.85M, and float is at 249.84M with Short Float at 3.13%.
The top institutional shareholder in the company is FMR LLC with over 36.57 million shares valued at $$2.08 billion. The investor’s holdings represent 14.8809 of the NTNX Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 25.26 million shares valued at $$1.44 billion to account for 10.2777 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 16.58 million shares representing 6.7454 and valued at over $$942.45 million, while GENERATION INVESTMENT MANAGEMENT LLP holds 4.1267 of the shares totaling 10.1 million with a market value of $$574.17 million.
Nutanix Inc (NTNX) Insider Activity
The most recent transaction is an insider sale by RAMASWAMI RAJIV, the company’s President and CEO. SEC filings show that RAMASWAMI RAJIV sold 95,852 shares of the company’s common stock on Feb 04 ’25 at a price of $70.00 per share for a total of $6.71 million. Following the sale, the insider now owns 0.54 million shares.
Still, SEC filings show that on Jan 13 ’25, Sivaraman Rukmini (Chief Financial Officer) disposed off 294 shares at an average price of $61.55 for $18096.0. The insider now directly holds 190,588 shares of Nutanix Inc (NTNX).
