Nutanix shares were sold by Spyglass Capital Management LLC.

According to the company's most recent filing with the Securities and Exchange Commission (SEC), Spyglass Capital Management LLC decreased its holdings in Nutanix, INC. by 37.8% during the third quarter.

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The organization sold 2,260,867 shares during the most recent fiscal quarter, leaving it with 3,725,429 shares of technology firm stock. The second-largest investment made by Spyglass Capital Management LLC, Nutanix accounts for about 5.5% of the company's total assets.

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Spyglass Capital Management LLC owned shares of Nutanix valued at about $77,601,000 at the end of the most recent reporting period, or 1.64% of the firm.

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Numerous hedge funds recently modified their positions in the company after making recent revisions to those holdings.

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For the first three months of 2018, The Bank of New York Mellon Corporation grew its ownership of Nutanix shares by 2%.

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The Bank of New York Mellon Corp. now holds 13,696 more shares in the technology company, bringing its total holdings to 706,101, for a total market value of $18,938,000.

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The most recent purchase led to the acquisition of these shares.

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For the first quarter of 2018, The Bank of Montreal boosted its stake in Nutanix by 57.0 percent.

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By acquiring an extra 39,341 shares in the final three months of 2018, Bank of Montreal Canada raised the amount of its interests in the technology company.

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108,342 of the company's shares, with an intrinsic value of $2,939,000, have been acquired by The Bank of Montreal.

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For the first three months of 2018, Nutanix received a $370,000 capital commitment from MetLife Investment Management LLC.

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BlackRock INC grew its stake in Nutanix by 1.2% in the first three months of 2018, increasing its total stake to 1.4%.

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After acquiring an additional 117,982 shares during the most recent quarter, BlackRock INC now owns 9,703,410 shares of the technology company's stock.

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Shares of the technology company's stock owned by BlackRock INC collectively have a value of $260,245,000.

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The quantity of Nutanix stock owned by Blair William & Co IL increased by 12.4% in the first quarter of 2018.

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The common stock of the technological company is held by Blair William & Co, IL, an investment firm, who owns 296.205 shares.

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The value of these shares has climbed to $7,944,000 as a result of the most recent purchase of 32,566 additional shares of the company's stock during the most recent quarter. 74.95% of the outstanding shares are owned by hedge funds and other institutional investors.

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In other events, it was revealed that insider Tyler Wall sold 9,906 shares of company stock on December 16.

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On Friday, this transaction was completed.

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$302,232.06 was the total cash obtained from the selling of the shares, which translates to an average price of $30.51 per share. The Company Insider now has a total of 138,256 shares, which are currently valued at an amount equal to or greater than $4,218,190.56, following the completion of the transaction.

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If you click on this link, you will be directed to a formal file made with the SEC, where you can learn more about the transaction and be taken right away. The Chief Executive Officer of Nutanix, Rajiv Ramaswami, recently sold 5,000 of the business's equity shares, which brings up another recent piece of company news.

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The shares were sold for a total transaction value of $141,700.00, or an average price of $28.34 per share, as a result of the sale.

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The CEO now owns 310,348 shares of the business, with a market value of $8,795,262.32 as a result of the transaction.

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His stock portfolio now stands at 310,348 shares. On the website of the Securities and Exchange Commission (SEC), a copy of the document that disclosed the transaction is available.

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The transaction was described in the petition.

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Also, on December 16th, Tyler Wall, a worker of the company, sold 9,906 shares of its stock in total.

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$302,232.06 was the total cash obtained from the selling of the shares, which translates to an average price of $30.51 per share.

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The insider now owns 138,256 shares of the company's stock, with a total market value of about $4,218,190.56, as a result of the transaction.

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This area of the website may contain disclosures pertaining to the sale.

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Over the most recent quarter, insiders sold 324,686 shares of the business's stock for a total of $9,538,498.

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This amounts to 0.43% of the total outstanding shares of the corporation.

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Many research and analysis papers about NTNX have been published over the years.

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According to a research note released on December 1st, the price goal that Bank of America has set for Nutanix has climbed from $24.00 to $33.00. The Royal Bank of Canada published a research note on Monday, November 28th, in which they raised their price target on Nutanix from $24.00 to $31.00 and gave the stock an overall "outperform" rating.

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According to a research study that was made public on October 24th, KeyCorp's price target set to Nutanix has increased from $26.00 to $33.00.

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Another honor bestowed on the stock by the business was the "overweight" rating.

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On Friday, December 2nd, the website StockNews.com published a research note advising readers to "purchase" the company's stock. This advice was also included in the article.

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Due to a research review released on December 1st, the price objective that Needham & Company LLC has set for Nutanix has lifted from $31.00 to $33.00.

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The study findings were also made public, and the business also advised buying company stock. Only four market researchers advised investors to maintain their holdings, while the other seven advised them to buy business shares.

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The current consensus price goal for Nutanix is $31.58 and the current consensus rating for the business is "Moderate Buy."

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Trade Algo's investigation suggests that this ranking was determined.

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Friday's lunchtime saw a $0.57 decline in the price of NTNX shares, bringing its overall value to $27.89.

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There were 129,262 transactions involving the company's stock, which is a lot more than the 1,276,529 shares that are typically traded on a daily basis.

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Over the previous year, the cost of a share of Nutanix, INC. has varied from $13.44 to $33.73.

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The company's 200-day moving average is $25.4, and the 50-day moving average is $28.11.

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The stock of the company has a price-to-earnings ratio of -13.36 and a beta value of 1.26 at the moment.

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The market capitalization of the corporation indicates a total worth of $6.42 billion.

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The public was given access to Nutanix's (NASDAQ: NTNX) most recent quarterly results release on November 30.

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The IT company's quarterly earnings were $0.32 per share, $0.19 more than market analysts had predicted, for the prior quarter.

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Sales for the quarter were reported by the company to have totaled $433.61 million, a considerable increase over the market's projection of $413.06 million.

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Sell-side analysts' projections state that Nutanix, INC will have earnings of -1.17 dollars per share for the current fiscal year.

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The cloud platform provided by Nutanix, INC is constructed using web-scale engineering and has a consumer-grade interface.

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Additionally, the business offers its enterprise clients specialized cloud services and software solutions to fulfill their unique enterprise infrastructure requirements.

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Dheeraj Pandey, Ajeet Singh, and Mohit Aron were the primary decision-makers in 2009 who decided to start the business.

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San Jose, California, which is where the organization's administrative headquarters are situated, is in the state of California.