Teacher Retirement System of Texas increased its holdings in shares of Nutanix, Inc. (NASDAQ:NTNX – Get Rating) by 6.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 80,636 shares of the technology company’s stock after purchasing an additional 4,928 shares during the period. Teacher Retirement System of Texas’ holdings in Nutanix were worth $2,101,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of NTNX. EverSource Wealth Advisors LLC bought a new position in Nutanix in the 4th quarter worth approximately $33,000. Point72 Hong Kong Ltd acquired a new stake in shares of Nutanix in the 1st quarter valued at approximately $35,000. Belpointe Asset Management LLC acquired a new stake in shares of Nutanix in the fourth quarter valued at approximately $49,000. Loomis Sayles & Co. L P grew its stake in Nutanix by 50.5% in the 1st quarter. Loomis Sayles & Co. L P now owns 2,797 shares of the technology company’s stock valued at $75,000 after buying an additional 938 shares during the last quarter. Finally, Captrust Financial Advisors increased its position in Nutanix by 1,002.3% during the second quarter. Captrust Financial Advisors now owns 6,151 shares of the technology company’s stock worth $90,000 after acquiring an additional 5,593 shares during the period. 76.95% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on NTNX shares. Bank of America increased their target price on shares of Nutanix from $31.00 to $34.00 in a report on Thursday, May 25th. Royal Bank of Canada boosted their price target on shares of Nutanix from $33.00 to $38.00 in a report on Thursday, May 25th. OTR Global cut Nutanix to a “positive” rating in a research note on Thursday, May 18th. Susquehanna reissued a “positive” rating and set a $34.00 price objective on shares of Nutanix in a report on Thursday, March 9th. Finally, Northland Securities upped their price objective on shares of Nutanix from $34.00 to $39.00 in a research report on Thursday, May 25th. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, Nutanix presently has a consensus rating of “Moderate Buy” and a consensus target price of $33.75.
Nutanix Stock Up 2.3 %
About Nutanix
Nutanix, Inc engages in the provision of a cloud platform leveraging web-scale engineering and consumer-grade design. The firm also provides software solutions and cloud services to customers’ enterprise infrastructure. The company was founded by Dheeraj Pandey, Ajeet Singh, and Mohit Aron in 2009 and is headquartered in San Jose, CA.
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