In a filing, Nutanix Inc revealed its Director Gambale Virginia unloaded Company’s shares for reported $0.39 million on Dec 23 ’24. In the deal valued at $64.73 per share,6,060 shares were sold. As a result of this transaction, Gambale Virginia now holds 45,330 shares worth roughly $2.91 million.
Then, Gambale Virginia bought 6,060 shares, generating $394,445 in total proceeds.
Before that, Sivaraman Rukmini sold 11,810 shares. Nutanix Inc shares valued at $786,871 were divested by the Chief Financial Officer at a price of $66.63 per share. As a result of the transaction, Sivaraman Rukmini now holds 190,882 shares, worth roughly $12.24 million.
UBS initiated its Nutanix Inc [NTNX] rating to a Buy in a research note published on December 12, 2024; the price target was $81. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who began to cover the stock in mid November with a ‘”an Outperform”‘ rating. Morgan Stanley also remained covering NTNX and has increased its forecast on October 28, 2024 with a “an Overweight” recommendation from previously “an Equal-weight” rating. Northland Capital revised its rating on May 30, 2024. It rated NTNX as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of NTNX
On Monday, Nutanix Inc [NASDAQ:NTNX] saw its stock jump 2.28% to $64.11. Over the last five days, the stock has gained 2.53%. Nutanix Inc shares have risen nearly 4.79% since the year began. Nevertheless, the stocks have risen 42.59% over the past one year. While a 52-week high of $75.80 was reached on 01/06/25, a 52-week low of $43.35 was recorded on 01/02/25. SMA at 50 days reached $66.33, while 200 days put it at $60.66.
Levels Of Support And Resistance For NTNX Stock
The 24-hour chart illustrates a support level at 63.25, which if violated will result in even more drops to 62.38. On the upside, there is a resistance level at 64.69. A further resistance level may holdings at 65.26. The Relative Strength Index (RSI) on the 14-day chart is 48.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.94, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 49.66%. Stochastics %K at 28.66% indicates the stock is a holding.
How much short interest is there in Nutanix Inc?
A steep rise in short interest was recorded in Nutanix Inc stocks on 2024-11-15, growing by 17251.0 shares to a total of 5.29 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 5.28 million shares. There was a rise of 0.33%, which implies that there is a positive sentiment for the stock.
