Nutanix Target of Unusually High Options Trading (NTNX)

Therese Poletti  MarketWatch

Heading into the stock price potential, Cara Therapeutics, Inc. needs to grow just 79.21% to cross its median price target of $25.

Several analysts recently commented on NTNX shares. The firm has "Overweight" rating given on Tuesday, October 25 by Pacific Crest. Bank of America Corporation began coverage on Nutanix in a research report on Thursday, April 6th. Maxim Group reissued a "buy" rating and issued a $41.00 price target on shares of Nutanix in a research report on Friday, May 26th. Finally, JMP Securities set a $35.00 price objective on shares of Nutanix and gave the company a buy rating in a research report on Tuesday, April 18th.

More businesses are looking to adapt the technology, with 18% of chief information officers saying they expected to move to hyperconverged systems in the next two years, according to a survey by Goldman Sachs. The stock presently has a consensus rating of "Buy" and an average price target of $32.01.

Nutanix Inc (NASDAQ:NTNX) opened its previous trading session at $19.63 later Inclining 3.79% to close its trade at a share price of $20.27. Leading up to this report, we have seen a -20.01% fall in the stock price over the last 30 days and a -23.27% decline over the past 3 months. This change led market cap to move at $3.20B, putting the price -56.67% below the 52-week high and 40.96% above the 52-week low. The stock is trading $17.90 its 50-day moving average by -1.63%.

Nutanix (NASDAQ:NTNX) last released its earnings results on Thursday, May 25th.

So the company beats the analysts estimate by $0.03/share showing a surprise of 6.7%. Nutanix had a negative return on equity of 5,196.17% and a negative net margin of 61.32%. The business had revenue of $191.76 million for the quarter, compared to analyst estimates of $186.56 million. The company's revenue for the quarter was up 67.2% compared to the same quarter a year ago. On average, equities research analysts expect that Nutanix will post ($1.45) EPS for the current year.

WARNING: This article was first reported by Community Financial News and is the property of of Community Financial News. If you are accessing this news story on another publication, it was illegally copied and republished in violation of United States & global copyright & trademark legislation. The legal version of this story can be read at https://baseballnewssource.com/markets/nutanix-inc-ntnx-earns-neutral-hold-rating-from-stifel-nicolaus-updated/1133147.html.

In other Nutanix news, CFO Duston Williams sold 80,244 shares of the company's stock in a transaction dated Monday, June 12th. The shares were sold at an average price of $17.23, for a total transaction of $1,382,604.12. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Rajiv Mirani sold 4,600 shares of the business's stock in a transaction dated Monday, June 26th. Following the completion of the transaction, the senior vice president now owns 255,600 shares of the company's stock, valued at $5,117,112. The disclosure for this sale can be found here. The Stock becomes significant when you consider how many shares are shorted versus the average daily volume, means how many days to cover those short shares at that volume. Washington Capital Management Inc. acquired a new stake in shares of Nutanix during the first quarter valued at about $225,000. Macquarie Group Ltd. now owns 1,366,367 shares of the technology company's stock valued at $36,291,000 after buying an additional 1,102,841 shares during the last quarter.

Nutanix Inc. (NASDAQ:NTNX) saw some unusual options trading on Friday. FMR LLC now owns 2,512,800 shares of the technology company's stock worth $66,740,000 after buying an additional 688,489 shares during the period. Russell Investments Group Ltd. purchased a new stake in shares of Nutanix during the fourth quarter worth about $566,000. About 7.07M shares traded or 97.49% up from the average. State Street Corp acquired a new position in Nutanix during the fourth quarter valued at approximately $3,772,000. Analysts giving shares a rating of 1 or 2 would be indicating a Buy.

Related News:

  • Slain state trooper being laid to rest Saturday

    Slain state trooper being laid to rest Saturday

    A third person was shot Sunday night at the property, but her injuries are not considered life threatening. The state trooper responded to a call at about 8:09 p.m. of shots being fired at 34371 County Route 46.
    Clinical Lacazette scores his first Arsenal goal!

    Clinical Lacazette scores his first Arsenal goal!

    Enjoy this match, it is a rare opportunity and it's one for all of us as football lovers to savour. "We're not there just to make up the numbers or have a kick-about with these great players".
    PNC Financial Services Group Inc. Q2 Profit Advances 13%

    PNC Financial Services Group Inc. Q2 Profit Advances 13%

    BMO Capital Markets reiterated a buy rating and set a $134.00 price target on shares of PNC Financial Services Group, Inc. It has outperformed by 13.83% the S&P500. 01/11/2017 - UBS began new coverage on PNC Financial Services Group, Inc.
  • Who Is Rinat Akhmetshin? Former Soviet Intelligence Operative Confirms Trump Jr Meeting

    Who Is Rinat Akhmetshin? Former Soviet Intelligence Operative Confirms Trump Jr Meeting

    In fact he sat for a TV interview with Sean Hannity of Fox News on Tuesday, and that included this exchange. Trump". "If it's what you say, I love it, especially later in the summer", he emailed back to Goldstone.

    The MBIA, Inc. (NYSE:MBI) Upgraded to "Hold" by BidaskClub

    Following trading activity for MBIA Inc .(NYSE: MBI ), we can see that the stock has moved onto today's list of most actives. The lowest 12-month price target for the shares is $14.00, which would be an increase of about 40% of its current value.
    Sentenced to 16 Years in Prison

    Sentenced to 16 Years in Prison

    Schroeder said the county's probation officer had recommended a sentence of nine years, which the judge almost doubled. Robert Farmer, 26, pleaded guilty in October to 21 felony counts of animal cruelty.
  • Teen charged for Keansburg girl's murder

    Teen charged for Keansburg girl's murder

    Authorities have arrested an 18-year-old neighbor in the slaying of an 11-year-old New Jersey girl who had been reported missing. It is a very sad day for our school district. "It's my job and my staff's job to do the best to deliver that to them".
    WWE Issues Major Programming Change For Talking Smack

    WWE Issues Major Programming Change For Talking Smack

    The programs' figureheads, Renee Young and Daniel Bryan were caught off guard by the news, seemingly left out of the loop. Talking Smack was arguably one of the best original programme that used to air on the WWE Network.
    Sorrow after the death of Maryam Mirzakhani, a pioneering Iranian mathematician

    Sorrow after the death of Maryam Mirzakhani, a pioneering Iranian mathematician

    Mirzakhani was born in Tehran, Iran on May 3, 1977, and she quickly displayed an awesome talent for math. Iranian Foreign Minister Mohammad Javad Zarif paid tribute to her.
  • Vibrant northern lights forecast across Canada on weekend

    Vibrant northern lights forecast across Canada on weekend

    Peak viewing time will be from around midnight to 3 a.m., but aurora can potentially be seen through most of the overnight hours. My personal favorites are from the University of Alaska's Geophysical Institute . as well as soft serve news .

    Jose Mourinho breaks silence on Manchester United's failed Alvaro Morata transfer

    Now The Telegraph say the Serie A giants want Martial to head the other way should they lose Perisic. Mourinho said: "Yes, we have had interest, that is obvious and it's public".
    Police Are Investigating the Disappearance of 4 Young Men as a Crime

    Police Are Investigating the Disappearance of 4 Young Men as a Crime

    A 20-year-old man has confessed to killing four men who were missing for days and burying their bodies on a farm in Pennsylvania . All four victims are believed to be buried on a farm property in Solebury, Pa., owned by DiNardo's family.


Most liked

Sabrett hot dogs recalled due to bone fragments
Customers who already purchased the items are encouraged to throw them away, and contact Sabrett to receive a full refund. There has been one reported minor oral injury associated with consumption of this product, according to the USDA.

Insiders Selling, Short Interest Growing First Industrial Realty Trust, (NYSE:FR)
Thrivent Financial for Lutherans raised its stake in First Industrial Realty Trust by 50.5% in the fourth quarter. (NYSE:PDM). State of Alaska Department of Revenue boosted its position in shares of Education Realty Trust by 22.6% in the first quarter.

Being targeted for exposing irregularities at Parappana Jail: DIG Prisons Roopa
Roopa also said that besides a special kitchen, Sasikala was provided with a separate gallery to meet her visitors. Sasikala, a lifelong companion of former Tamil Nadu Chief Minister J Jayalalithaa, has been in jail since February.

David Davis: Brexit domino effect is "a fear without foundation"
It is unlikely that any deal on trade or other continuing links could take place without citizens' rights being agreed in advance. Parliament is due to go on its summer recess next week with votes on the Great Repeal Bill not due until autumn.

Game of Thrones season 7, episode 1 predictions
What with Jon losing his first love Yrigitte and Daenerys having lost her husband, Khal Drogo, maybe they're meant to be together. And don't forget Daenerys allies Olenna Tyrell and Ellaria Sand, each plotting the downfall of the Lannisters.

Retail sales fall more than expected
The Commerce Department said retail sales fell by 0.2 percent in June after edging down by a revised 0.1 percent in May. Receipts weakened at department store, sporting goods outlets and restaurants.

Livforsakringsbolaget Skandia Omsesidigt Increases Position in Interpublic Group of Companies, Inc
The business services provider reported $0.05 EPS for the quarter, topping the Zacks' consensus estimate of $0.03 by $0.02. In related news, SVP Julie Connors sold 5,854 shares of the stock in a transaction that occurred on Thursday, June 22nd.

Nani & nani in krishnarjuna yuddham
Natural Star Nani is enjoying the success of her recently released "Ninnu Kori", which has emerged as a safe project for buyers. The film also features Premam Fame Sai Pallavi in the female lead, while Devi Sri Prasad Composing the music.

New Zealand win toss, elect to field against India
The 34-year old captain is now the first woman cricketer to have crossed the milestone of 6,000 runs in the 50-over format. Raj with almost 8,400 runs in the worldwide cricket has become India's highest female run scorer in all the three formats.

Two Arrested For Murders of Four Missing Pennsylvania Men
Dinardo told police that he shot Meo in the back, and as Sturgis started to run away, Dinardo shot Sturgis, killing him. DiNardo then drove Meo and Sturgis to an adjacent property where Kratz was waiting, according to the court documents.

Salman Khan, Katrina Kaif could not take their eyes off each other
Meanwhile, during a media gathering, when Katrina was asked a memorable thing she did when she was 18, she said: "I met Salman". The Jagga Jasoos actress looked gorgeous at the press meet wearing tangerine-colored cold-shoulder dress by Rebecca Vallance.

Jagga Jasoos starts on a decent note
Im going with 2.5 out of five for Jagga Jasoos , a film made with a lot of love and supreme effort, still, so close yet so far. Katrina Kaif also does justice to her character, the support cast especially Sawata Chatterjee as Jagga's father is splendid.

Hingis hails 'amazing' Venus Williams for reaching final at 37
American Williams could clinch her first grand slam title in nine years, after she last lifted the Wimbledon trophy in 2008. In sport especially, you have injuries. "I will only ever try to do that in a positive way". "That's what I try to do".

Zaheer, Dravid not given contracts, decision to be taken by CoA
The CAC felt that Shastri would be "better served", with Zaheer and Dravid by his side and mentioned that in its letter. He was pitching for Bharat Arun's return as bowling coach and is expected to get him on board on a full-time basis.

Tiemoue Bakayoko arrives at Cobham to finalise £40m Chelsea deal
The striker is keen on a move to the Premier League and holds Antonio Conte in high regard. Chelsea had earlier announced the signing of German youngster Antonio Rudiger from Roma.