Maxim Group's price objective would suggest a potential upside of 9.99% from the company's current price. Maxim Group has "Buy" rating and $4100 target.
A number of other equities research analysts have also recently weighed in on NTNX. BTIG Research upgraded shares of Nutanix from a "neutral" rating to a "buy" rating in a research report on Friday. Needham initiated the shares of NTNX in report on Wednesday, November 22 with "Buy" rating.
Shares of Nutanix Inc (NTNX) opened at $51.48 on Tuesday. The company maintains price to book ratio of 0.78 vs.an industry average at 1.26. Robert W. Baird maintained the shares of NTNX in report on Monday, September 25 with "Buy" rating.
When looking at the investment recommendation on say a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell), NVCN is given a 1.00 while 2.00 placed for NTNX. (Nasdaq: "NTNX) to Ring The Nasdaq Stock Market Opening Bell" published on March 09, 2018 as well as Nasdaq.com's news article titled: "Nutanix Reaches Analyst Target Price" with publication date: "March 06, 2018. Nutanix has a 1 year low of $14.38 and a 1 year high of $53.67. Royal Bank of Canada restated a "buy" rating and set a $43.00 price objective on shares of Nutanix in a research report on Friday, March 2nd.
Nutanix, Inc. (NASDAQ:NTNX) gross margin percentage stands at 59.4% while its operating margin for the past trailing twelve month is -39.6 percent and its overall profit margin (ttm) is -42.8 Percent. The technology company reported ($0.14) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.20) by $0.06. The business had revenue of $286.70 million for the quarter, compared to analysts' expectations of $283.22 million. During the same period past year, the business earned ($0.28) earnings per share.
Nutanix, Inc. (NASDAQ:NTNX) has the Market Capitalization of 7.79 Billion. The stock was sold at an average price of $36.32, for a total transaction of $213,997.44. Brown Advisory Inc. now owns 76,570 shares of the technology company's stock worth $1,714,000 after acquiring an additional 3,254 shares in the last quarter. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Duston Williams sold 300,000 shares of the firm's stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $37.94, for a total value of $70,528,600.94. The disclosure for this sale can be found here.
Several institutional investors have recently modified their holdings of NTNX. Rehmann Capital Advisory Group purchased a new position in Nutanix in the fourth quarter valued at approximately $381,000.
More notable recent Nutanix, Inc. In the last ninety days, insiders sold 2,808,918 shares of company stock valued at $104,706,913. Finally, Fox Run Management L.L.C. acquired a new stake in shares of Nutanix during the 4th quarter worth approximately $212,000. 1492 Capital Management Llc owns 124,404 shares or 3.63% of their USA portfolio. Xact Kapitalforvaltning AB bought a new stake in shares of Nutanix in the fourth quarter worth $229,000. Hedge funds and other institutional investors own 44.29% of the company's stock. If you are viewing this article on another site, it was illegally copied and reposted in violation of USA & global trademark & copyright laws. If you are viewing this story on another website, it was illegally copied and reposted in violation of global trademark and copyright legislation.
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.