Nutanix Inc (NASDAQ:NTNX) shares traded -0.63% lower at $73.60 on Wall Street last session.
NTNX stock price is now 2.77% away from the 50-day moving average and 9.24% away from the 200-day moving average. The market capitalization of the company currently stands at $19.73B.
On February 27, 2025, Northland Capital Upgraded its previous ‘Market Perform’ rating to ‘Outperform’ on the stock increasing its target price from $77 to quote $97, while ‘UBS’ rates the stock as ‘Buy’
In other news, Gambale Virginia, Director sold 7,000 shares of the company’s stock on Jun 05 ’25. The stock was sold for $546,000 at an average price of $78.00. Upon completion of the transaction, the Director now directly owns 38,330 shares in the company, valued at $2.82 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 05 ’25, Director de Groen Max Pieter sold 5,480,467 shares of the business’s stock. A total of $420,954,670 was realized by selling the stock at an average price of $76.81. This leaves the insider owning 5,480,468 shares of the company worth $403.36 million. A total of 4.55% of the company’s stock is owned by insiders.
During the past 12 months, Nutanix Inc has had a low of $43.35 and a high of $83.36.
