Fidelity Management & Research Co has recently announced that it has increased stake in Nutanix Inc (NASDAQ:NTNX) by 1.63%. After grabbing 35.94 million shares, the institutional investor is now in possession of 0.58 million shares of the Technology Company. The new investment brought the stake of investor firm to 14.81% having worth around $1.71 billion. Moreover, Generation Investment Management increased its share by 0.29 million to have a control over 16.96 million shares. And Champlain Investment Partners LLC raised its holdings to 1.65 million shares by acquiring 10.3 million shares or 4.25% of the stake.
Nutanix Inc (NTNX) concluded trading on Thursday at a closing price of $54.96, with 3.7 million shares of worth about $203.46 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 80.08% during that period and on Thursday, January 25 the price saw a loss of about -2.88%. Currently the company’s common shares owned by public are about 242.69M shares, out of which, 242.01M shares are available for trading.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 80 times over the past 12 months. They bought 844,293 shares in 60 of the transactions. In 20 selling transactions, insiders dumped 743,396 shares.
Fidelity Growth Company Fund, Vanguard Total Stock Market ETF, and Vanguard Small Cap Index Fund are the top 3 mutual funds which are holding stakes in Nutanix Inc Fidelity Growth Company Fund is currently holding 12.19 million shares of worth totaling $581.44 million. The company recently came buying 0.0 shares which brought its stake up to 5.02% of the company’s outstanding shares. Vanguard Total Stock Market ETF bought 0.14 million shares, after which its hold over company’s outstanding shares expand to 3.11%, leaving 7.54 million shares with the mutual fund that have a worth of about $359.47 million. Vanguard Small Cap Index Fund, after selling 6.1 million shares, have now control over 2.51% of the stake in the company. It holds 3878.0 shares of worth $291.01 million.
However, the stock later moved at a day high price of 57.39, or with a loss of -2.88%. Stock saw a price change of 2.69% in past 5 days and over the past one month there was a price change of 16.34%. Year-to-date (YTD), NTNX shares are showing a performance of 15.24% which increased to 89.84% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $23.34 but also hit the highest price of $57.53 during that period. The average intraday trading volume for Nutanix Inc shares is 2.11 million. The stock is currently trading 10.60% above its 20-day simple moving average (SMA20), while that difference is up 19.87% for SMA50 and it goes to 59.87% higher than SMA200.
Fidelity Management & Research Co acquired 35.94 million shares of Nutanix Inc having value of about $1.71 billion. Data submitted at the U.S SEC by Fidelity Management & Research Co revealed that the firm now holds 0.58 million shares in the company valued at close to $31777267.44, or have control over 1.63% stake in the company. Nutanix Inc (NASDAQ: NTNX) currently have 242.69M outstanding shares and institutions hold larger chunk of about 80.83% of that. Holding of mutual funds in the company is about 42.83% while other institutional holders and individual stake holders have control over 8.98% and 38.06% of the stake respectively.
The stock has a current market capitalization of $13.34B and its 3Y-monthly beta is at 1.27. It has posted earnings per share of -$0.73 in the same period. It has Quick Ratio of 1.63. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NTNX, volatility over the week remained 3.28% while standing at 2.77% over the month.
Analysts are in expectations that Nutanix Inc (NTNX) stock would likely to be making an EPS of $0.29 in the current quarter, while forecast for next quarter EPS is $0.13 and it is $1.28 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.25 which is $0.37 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.24 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 53.66% while it is estimated to increase by 39.21% in next year.
