In a filing, Nutanix Inc revealed its Chief Financial Officer Sivaraman Rukmini unloaded Company’s shares for reported $18096.0 on Jan 13 ’25. In the deal valued at $61.55 per share,294 shares were sold. As a result of this transaction, Sivaraman Rukmini now holds 190,588 shares worth roughly $13.1 million.
Then, RUKMINI N SIVARAMAN bought 294 shares, generating $18,096 in total proceeds.
Before that, Gambale Virginia sold 6,060 shares. Nutanix Inc shares valued at $392,279 were divested by the Director at a price of $64.73 per share. As a result of the transaction, Gambale Virginia now holds 45,330 shares, worth roughly $3.12 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 Friday, Nutanix Inc [NASDAQ:NTNX] saw its stock jump 1.11% to $68.76. Over the last five days, the stock has gained 6.30%. Nutanix Inc shares have risen nearly 12.40% since the year began. Nevertheless, the stocks have risen 21.75% over the past one year. While a 52-week high of $75.80 was reached on 01/31/25, a 52-week low of $43.35 was recorded on 01/02/25. SMA at 50 days reached $65.83, while 200 days put it at $60.81.
Levels Of Support And Resistance For NTNX Stock
The 24-hour chart illustrates a support level at 67.90, which if violated will result in even more drops to 67.04. On the upside, there is a resistance level at 69.80. A further resistance level may holdings at 70.84. The Relative Strength Index (RSI) on the 14-day chart is 60.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.41, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 13.41%. Stochastics %K at 87.20% indicates the stock is a selling.
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.
