Nutanix, Inc. (NASDAQ:NTNX) Shares Acquired by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. increased its position in shares of Nutanix, Inc. (NASDAQ:NTNX) by 363.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 49,570 shares of the technology company’s stock after acquiring an additional 38,870 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Nutanix were worth $3,033,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. increased its stake in shares of Nutanix by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 25,636,598 shares of the technology company’s stock valued at $1,568,447,000 after acquiring an additional 146,854 shares during the last quarter. Geode Capital Management LLC increased its position in Nutanix by 4.0% during the fourth quarter. Geode Capital Management LLC now owns 4,311,000 shares of the technology company’s stock worth $263,275,000 after purchasing an additional 163,874 shares during the last quarter. Norges Bank purchased a new position in Nutanix during the fourth quarter worth approximately $195,758,000. Two Sigma Advisers LP boosted its holdings in shares of Nutanix by 32.8% in the 3rd quarter. Two Sigma Advisers LP now owns 2,814,002 shares of the technology company’s stock valued at $166,730,000 after purchasing an additional 695,567 shares during the last quarter. Finally, Pictet Asset Management Holding SA grew its stake in shares of Nutanix by 6,785.3% during the 4th quarter. Pictet Asset Management Holding SA now owns 2,139,340 shares of the technology company’s stock valued at $130,885,000 after buying an additional 2,108,269 shares during the period. Hedge funds and other institutional investors own 85.25% of the company’s stock.

Nutanix Stock Performance

Shares of NTNX opened at $64.78 on Friday. Nutanix, Inc. has a one year low of $43.35 and a one year high of $79.99. The stock has a 50-day moving average price of $70.65 and a 200 day moving average price of $66.58. The company has a market capitalization of $17.27 billion, a P/E ratio of -185.09, a P/E/G ratio of 11.80 and a beta of 1.04.

Wall Street Analysts Forecast Growth

NTNX has been the topic of a number of research analyst reports. Raymond James set a $83.00 target price on Nutanix in a report on Thursday, February 27th. StockNews.com cut Nutanix from a “strong-buy” rating to a “buy” rating in a report on Friday, February 21st. Wells Fargo & Company increased their target price on shares of Nutanix from $75.00 to $85.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 27th. Northland Securities raised shares of Nutanix from a “market perform” rating to an “outperform” rating and lifted their price target for the company from $77.00 to $97.00 in a research report on Thursday, February 27th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Nutanix from $83.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, February 27th. One equities research analyst has rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Nutanix presently has a consensus rating of “Buy” and a consensus price target of $87.79.

Insider Activity

In other Nutanix news, CEO Rajiv Ramaswami sold 95,852 shares of the company’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $70.00, for a total transaction of $6,709,640.00. Following the sale, the chief executive officer now owns 540,463 shares in the company, valued at $37,832,410. This represents a 15.06 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Steven J. Gomo sold 7,000 shares of the stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $76.16, for a total value of $533,120.00. Following the transaction, the director now directly owns 3,050 shares in the company, valued at approximately $232,288. This represents a 69.65 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 5,610,886 shares of company stock worth $417,646,356. 6.80% of the stock is currently owned by insiders.

Nutanix Company Profile

Nutanix, Inc engages in the provision of a cloud platform leveraging web-scale engineering and consumer-grade design. It operates through the following geographic segments: United States, Europe, the Middle East, Africa, Asia Pacific, and Other Americas. The firm also provides software solutions and cloud services to customers’ enterprise infrastructure.