Nutanix, Inc. (NASDAQ:NTNX – Get Free Report) COO David Sangster sold 10,384 shares of Nutanix stock in a transaction on Tuesday, June 18th. The stock was sold at an average price of $54.19, for a total value of $562,708.96. Following the transaction, the chief operating officer now owns 64,333 shares in the company, valued at approximately $3,486,205.27. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Nutanix Stock Performance
Nutanix stock opened at $53.42 on Wednesday. Nutanix, Inc. has a 12 month low of $26.47 and a 12 month high of $73.69. The business has a 50 day simple moving average of $62.27 and a 200-day simple moving average of $57.91.
Institutional Investors Weigh In On Nutanix
Large investors have recently modified their holdings of the stock. Massachusetts Financial Services Co. MA raised its stake in shares of Nutanix by 0.9% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 103,926 shares of the technology company’s stock worth $4,956,000 after purchasing an additional 943 shares during the last quarter. Tabor Asset Management LP acquired a new position in Nutanix during the fourth quarter worth $4,046,000. Raymond James & Associates grew its holdings in Nutanix by 306.0% during the fourth quarter. Raymond James & Associates now owns 73,765 shares of the technology company’s stock worth $3,518,000 after acquiring an additional 55,596 shares during the period. M&T Bank Corp grew its holdings in Nutanix by 3.6% during the fourth quarter. M&T Bank Corp now owns 9,270 shares of the technology company’s stock worth $442,000 after acquiring an additional 325 shares during the period. Finally, International Assets Investment Management LLC grew its holdings in Nutanix by 7,970.6% during the fourth quarter. International Assets Investment Management LLC now owns 103,869 shares of the technology company’s stock worth $4,954,000 after acquiring an additional 102,582 shares during the period. Hedge funds and other institutional investors own 85.25% of the company’s stock.
Analyst Upgrades and Downgrades
View Our Latest Analysis on NTNX
Nutanix Company Profile
Nutanix, Inc provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa. The company offers hyperconverged infrastructure software stack that converges virtualization, storage, and networking services into a turnkey solution; Acropolis Hypervisor, an enterprise-grade virtualization solution; flow virtual networking and flow network security, which offers services to visualize the network, automate common network operations, and build virtual private networks; Nutanix Kubernetes Engine for automated deployment and management of Kubernetes clusters to simplify the provisioning, operations, and lifecycle management of cloud-native environments, applications, and microservices; and Nutanix Cloud Clusters.
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