The Nutanix Inc (NTNX) Major Shareholder Canada Pension Plan Investment invests in 104,200 by purchasing Stock shares

The Nutanix Inc (NTNX) Major Shareholder Canada Pension Plan Investment invests in 104,200 by purchasing Stock shares

Nutanix Inc (NASDAQ:NTNX) major shareholder Canada Pension Plan Investment purchased 104,200 shares of Nutanix stock in a transaction that occurred on Wednesday, October 26th. The shares were bought at an average price of $28.96 per share, with a total value of $3,017,632.00. Following the transaction, the insider now owns 1,945,407 shares of the company’s stock, valued at approximately $56,338,986.72. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Canada Pension Plan Investment also recently made the following trade(s): On Thursday, October 27th, Canada Pension Plan Investment purchased 584,093 shares of Nutanix stock. The shares were bought at an average price of $28.13 per share, with a total value of $16,430,536.09.

Shares of Nutanix Inc (NASDAQ:NTNX) opened at 24.84 on Monday. The stock’s market capitalization is $1.14 billion. The company has a 50-day moving average of $32.70 and a 200-day moving average of $32.70. Nutanix Inc has a 52 week low of $24.50 and a 52 week high of $46.78.

A number of large investors have recently added to or reduced their stakes in the company. Emerald Mutual Fund Advisers Trust acquired a new stake in Nutanix during the third quarter valued at approximately $740,000. Henderson Group PLC acquired a new stake in Nutanix during the third quarter valued at approximately $3,925,000. Finally, Lebenthal Lisanti Capital Growth LLC acquired a new stake in Nutanix during the third quarter valued at approximately $1,062,000.

Several equities analysts recently weighed in on NTNX shares. Maxim Group started coverage on shares of Nutanix in a research report on Friday, September 30th. They set a “buy” rating and a $40.00 price target for the company. Needham & Company LLC started coverage on shares of Nutanix in a research report on Tuesday, October 25th. They set a “buy” rating and a $36.00 price target for the company. Morgan Stanley started coverage on shares of Nutanix in a research report on Tuesday, October 25th. They set an “equal weight” rating and a $27.00 price target for the company. Stifel Nicolaus started coverage on shares of Nutanix in a research report on Tuesday, October 25th. They set a “hold” rating and a $35.00 price target for the company. Finally, Raymond James Financial Inc. initiated coverage on shares of Nutanix in a research report on Tuesday, October 25th. They set a “market perform” rating for the company. One analyst has rated the stock with a sell rating, six have given a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Nutanix has a consensus rating of “Buy” and a consensus target price of $36.26.

Nutanix Company Profile

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