Published: Sat, July 15, 2017
Markets | By Noel Gibbs

Confidence in Nutanix (NTNX) Shares by Goldman Sachs Rise


Robert W. Baird restated an outperform rating and issued a $37.00 price objective on shares of Nutanix in a research report on Tuesday, February 28th. The firm upgraded its rating on the $3.50B market capitalized company to a respectable "Conviction Buy" from their past rating of "Buy". William Blair reiterated an outperform rating on shares of Nutanix in a research report on Tuesday, May 2nd.

The stock shows a Short Ratio of 2.98 with the total number of Shares Short (Previous Month) of 12.31 Million.

TRADEMARK VIOLATION NOTICE: "Nicholas Investment Partners LP Acquires 44,033 Shares of Nutanix Inc".

In addition to upgrading Boeing Company stock to "overweight" from "neutral", J.P. Morgan Securities raised its price target on BA to $240 from $205 - in uncharted territory. A rating of 4 or 5 would represent a Sell recommendation. The stock has an average rating of Buy and a consensus price target of $32.01. (NTNX) snatched the consideration from Investors, when its current beneficial picture was seen that is promoting good health. The company had a trading volume of 11,192,245 shares. The company has market cap of $3.46 billion. (NTNX) stock price comparison to its moving averages, shares of company are 13.21% away from the 50-day moving average and 7.10% away from 20-day average. Nutanix has a 52-week low of $14.38 and a 52-week high of $46.78.

Ex-Soviet Counter Intelligence Officer Attended Trump Jr Meeting, NBC Says
Akhmetshin's role, or the reason why he would be included in the meeting, is not stated in the emails . The Democratic Leader said the President could revoke Kushner's clearance at any moment.


Nutanix, Inc. (NTNX) is an interesting player in the Technology space, with a focus on Technical & System Software.

Last time, the company shocked Wall Street by reporting EPS of $-0.42, smashing the consensus of $-0.45 per share. Nutanix had a negative net margin of 61.32% and a negative return on equity of 5,196.17%. The firm had revenue of $191.76 million for the quarter, compared to analyst estimates of $186.56 million. The business's revenue was up 67.2% on a year-over-year basis. If you are accessing this report on another website, it was stolen and reposted in violation of United States & worldwide copyright laws. Nutanix, Inc. (NASDAQ:NTNX) notched a 12-month high of $28.44 while $41.00 target is by far the most aggressive out of analysts who are now evaluating NTNX, $12.56 higher than the next highest 52-week price estimate.

In other news, EVP David Sangster sold 27,000 shares of the business's stock in a transaction on Thursday, June 29th. Following the sale, the executive vice president now owns 129,000 shares of the company's stock, valued at $2,567,100. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The shares were sold at an average price of $20.23, for a total value of $12,490,224.53. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 2,268,915 shares of company stock valued at $43,129,229.

Covering sell-side analysts have recently weighed in on shares of Transocean Ltd. (NYSE:RIG). State Street Corp acquired a new position in Nutanix during the fourth quarter worth about $3,772,000.

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He said he served in the Soviet Army from 1986 to 1988 after he was drafted but was not trained in spy tradecraft. Kremlin spokesman Dmitry Peskov says the Russian government knows nothing about Mr Akhmetshin, the AP reported.


Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock.

More notable recent Nutanix Inc (NASDAQ:NTNX) news were published by: Reuters.com which released: "BRIEF-Nutanix Inc says Canada customer base grown to 313 by end of Q3 2017" on July 06, 2017, also Benzinga.com with their article: "15 Biggest Mid-Day Gainers For Friday" published on July 14, 2017, Marketwatch.com published: "Nutanix shares soar after report of partnership with Alphabet" on June 28, 2017. Bank of New York Mellon Corp now owns 42,718 shares of the technology company's stock valued at $802,000 after buying an additional 10,119 shares during the last quarter. The rating was maintained by Bank of America on Friday, May 26 with "Buy".

Nutanix Inc provides next-generation enterprise cloud platform that converges traditional silos of server, virtualization and storage into one integrated solution and can also connect to public cloud services. It has activities in the United States; Europe, the Middle East and Africa; Asia-Pacific, and Other Americas.

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