Doliver Advisors LP Purchases 1,033 Shares of Nutanix, Inc. (NASDAQ:NTNX)

Doliver Advisors LP raised its position in shares of Nutanix, Inc. (NASDAQ:NTNX) by 17.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,820 shares of the technology company’s stock after acquiring an additional 1,033 shares during the period. Doliver Advisors LP’s holdings in Nutanix were worth $417,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. CWA Asset Management Group LLC increased its position in Nutanix by 30.7% during the fourth quarter. CWA Asset Management Group LLC now owns 23,283 shares of the technology company’s stock worth $1,424,000 after acquiring an additional 5,475 shares during the period. Everence Capital Management Inc. acquired a new position in shares of Nutanix during the fourth quarter valued at about $451,000. GAMMA Investing LLC lifted its stake in shares of Nutanix by 24.4% in the fourth quarter. GAMMA Investing LLC now owns 1,691 shares of the technology company’s stock valued at $103,000 after buying an additional 332 shares during the period. Versant Capital Management Inc raised its holdings in Nutanix by 587.7% in the 4th quarter. Versant Capital Management Inc now owns 729 shares of the technology company’s stock valued at $45,000 after acquiring an additional 623 shares in the last quarter. Finally, Tidal Investments LLC grew its holdings in shares of Nutanix by 4.0% during the 3rd quarter. Tidal Investments LLC now owns 22,297 shares of the technology company’s stock worth $1,321,000 after purchasing an additional 862 shares in the last quarter. 85.25% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Virginia Gambale sold 6,060 shares of Nutanix stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $64.73, for a total transaction of $392,263.80. Following the completion of the sale, the director now owns 45,330 shares in the company, valued at $2,934,210.90. The trade was a 11.79 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Rajiv Ramaswami sold 63,901 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $65.85, for a total transaction of $4,207,880.85. Following the completion of the transaction, the chief executive officer now directly owns 649,034 shares in the company, valued at approximately $42,738,888.90. The trade was a 8.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 81,771 shares of company stock worth $5,387,045 in the last quarter. Insiders own 6.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on NTNX. UBS Group assumed coverage on Nutanix in a research report on Thursday, December 12th. They issued a “buy” rating and a $81.00 target price for the company. Barclays raised their price objective on shares of Nutanix from $75.00 to $87.00 and gave the stock an “overweight” rating in a report on Wednesday, November 27th. Wells Fargo & Company upped their target price on shares of Nutanix from $60.00 to $75.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 27th. Oppenheimer started coverage on shares of Nutanix in a research note on Wednesday, November 13th. They set an “outperform” rating and a $80.00 price target for the company. Finally, Needham & Company LLC upped their price objective on Nutanix from $80.00 to $90.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. Three research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Nutanix presently has an average rating of “Moderate Buy” and an average price target of $79.47.

Nutanix Stock Up 1.9 %

NASDAQ:NTNX traded up $1.21 during mid-day trading on Monday, reaching $63.89. 1,070,655 shares of the company were exchanged, compared to its average volume of 1,540,004. The stock has a market cap of $17.12 billion, a PE ratio of -182.54, a PEG ratio of 10.34 and a beta of 1.16. Nutanix, Inc. has a 12 month low of $43.35 and a 12 month high of $75.80. The company has a fifty day moving average of $66.42 and a 200 day moving average of $59.98.

About Nutanix

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.