Nutanix Inc’s recent filing unveils that its President and CEO RAMASWAMI RAJIV unloaded Company’s shares for reported $6.71 million on Feb 04 ’25. In the deal valued at $70.00 per share,95,852 shares were sold. As a result of this transaction, RAMASWAMI RAJIV now holds 540,463 shares worth roughly $37.69 million.
Then, RAJIV RAMASWAMI bought 95,852 shares, generating $6,709,640 in total proceeds.
Before that, Sivaraman Rukmini sold 294 shares. Nutanix Inc shares valued at $18,096 were divested by the Chief Financial Officer at a price of $61.55 per share. As a result of the transaction, Sivaraman Rukmini now holds 190,588 shares, worth roughly $13.29 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 fall -3.26% to $69.74. Over the last five days, the stock has lost -1.51%. Nutanix Inc shares have risen nearly 13.99% since the year began. Nevertheless, the stocks have risen 24.14% over the past one year. While a 52-week high of $75.80 was reached on 02/20/25, a 52-week low of $43.35 was recorded on 01/02/25. SMA at 50 days reached $66.42, while 200 days put it at $61.50.
Levels Of Support And Resistance For NTNX Stock
The 24-hour chart illustrates a support level at 68.68, which if violated will result in even more drops to 67.61. On the upside, there is a resistance level at 71.46. A further resistance level may holdings at 73.17. The Relative Strength Index (RSI) on the 14-day chart is 52.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.22%. Stochastics %K at 80.09% indicates the stock is a selling.
