In a filing, Nutanix Inc revealed its Director GOMO STEVEN J unloaded Company’s shares for reported $0.53 million on Feb 28 ’25. In the deal valued at $76.16 per share,7,000 shares were sold. As a result of this transaction, GOMO STEVEN J now holds 3,050 shares worth roughly $0.24 million.
Then, THE STEVEN & CHRIS GOMO TRUST bought 7,000 shares, generating $514,883 in total proceeds.
Before that, RAMASWAMI RAJIV sold 95,852 shares. Nutanix Inc shares valued at $6,709,640 were divested by the President and CEO at a price of $70.00 per share. As a result of the transaction, RAMASWAMI RAJIV now holds 540,463 shares, worth roughly $41.85 million.
Northland Capital upgraded its Nutanix Inc [NTNX] rating to an Outperform from a a Market perform in a research note published on February 27, 2025; the price target was increased to $97 from $77. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in mid December with a ‘”a Buy”‘ rating. Oppenheimer began covering NTNX with “an Outperform” recommendation on November 13, 2024. Morgan Stanley revised its rating on October 28, 2024. It rated NTNX as “an Overweight” which previously was an “an Equal-weight”.
Price Performance Review of NTNX
On Monday, Nutanix Inc [NASDAQ:NTNX] saw its stock jump 0.72% to $77.44. Over the last five days, the stock has gained 13.17%. Nutanix Inc shares have risen nearly 26.58% since the year began. Nevertheless, the stocks have risen 31.17% over the past one year. While a 52-week high of $79.90 was reached on 03/03/25, a 52-week low of $43.35 was recorded on 01/02/25. SMA at 50 days reached $67.23, while 200 days put it at $61.70.
Levels Of Support And Resistance For NTNX Stock
The 24-hour chart illustrates a support level at 76.18, which if violated will result in even more drops to 74.91. On the upside, there is a resistance level at 79.35. A further resistance level may holdings at 81.25. The Relative Strength Index (RSI) on the 14-day chart is 68.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.18, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 17.78%. Stochastics %K at 79.17% indicates the stock is a holding.
