New insider activity at Nutanix ( (NTNX) ) has taken place on March 4, 2025.
Director Steven Gomo recently sold 7,000 shares of Nutanix stock, amounting to a total transaction value of $533,120.
Recent Updates on NTNX stock
In the last 24 hours, Nutanix’s stock has seen a series of price target increases from multiple analysts, driven by the company’s strong fiscal Q2 performance and positive outlook. Susquehanna raised its price target due to Nutanix’s better-than-expected quarterly results and effective land and expand strategy. BofA highlighted the company’s impressive new logo growth and successful partnerships, such as with Cisco, as reasons for their target increase. Oppenheimer cited Nutanix’s solid beat/raise for Q2 and benefits from the shift to HyperConverged Infrastructure, alongside gains from competitor VMware, as key factors. RBC Capital emphasized Nutanix’s accelerating ARR growth and momentum in new logo programs and OEM partnerships. Overall, Nutanix’s robust financial performance and strategic initiatives have led to increased confidence among analysts, reflected in the raised price targets.
More about Nutanix
YTD Price Performance: 25.47%
Average Trading Volume: 2,352,370
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $20.6B