The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Nutanix Inc shares valued at $409,805,000 were sold by Humphrey David on Mar 04 ’25. At $74.51 per share, Humphrey David sold 5,500,000 shares. The insider’s holdings dropped to 11,354,032 shares worth approximately $810.22 million following the completion of this transaction.
Also, de Groen Max Pieter sold 5,500,000 shares, netting a total of over 409,805,000 in proceeds. Following the sale of shares at $74.51 each, the insider now holds 11,354,032 shares.
Before that, BCPE Nucleon (DE) SPV, LP had added 5,500,000 shares to its account. In a trade valued at $425,920,000, the Affiliate bought Nutanix Inc shares for $77.44 each.
As published in a research note from Northland Capital on February 27, 2025, Nutanix Inc [NTNX] has been rated up from a Market perform to an Outperform and the price target has been revised to $97 from $77. Analysts at UBS started covering the stock with ‘”a Buy”‘ outlook in a report released in mid December. As of November 13, 2024, Oppenheimer has initiated its “an Outperform” rating for NTNX. Earlier on October 28, 2024, Morgan Stanley upgraded its rating. Their new recommendation was “an Overweight” for NTNX stock which previously was a “an Equal-weight”.
Analyzing NTNX Stock Performance
During the last five days, there has been a drop of approximately -6.77%. Over the course of the year, Nutanix Inc shares have jumped approximately 16.64%. Shares of the company reached a 52-week high of $79.99 on 03/03/25 and a 52-week low of $60.42 on 01/02/25. A 50-day SMA is recorded $67.87, while a 200-day SMA reached $61.80.
Support And Resistance Levels for Nutanix Inc (NTNX)
According to the 24-hour chart, there is a support level at 69.61, which, if violated, would cause prices to drop to 67.86. In the upper region, resistance lies at 74.36. The next price resistance is at 77.37. RSI (Relative Strength Index) is 49.85 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.49, which suggests the price will increase in the coming days. Percent R is at 60.18%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
