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Nutanix Inc (NTNX) rating upgrades by Northland Capital

CHWY Stock

Nutanix Inc’s filing revealed that its Director Humphrey David unloaded Company’s shares for reported $409.81 million on Mar 04 ’25. In the deal valued at $74.51 per share,5,500,000 shares were sold. As a result of this transaction, Humphrey David now holds 11,354,032 shares worth roughly $731.09 million.

Then, de Groen Max Pieter sold 5,500,000 shares, generating $409,805,000 in total proceeds. Upon selling the shares at $74.51, the Director now owns 11,354,032 shares.

Before that, BCPE Nucleon (DE) SPV, LP bought 5,500,000 shares. Nutanix Inc shares valued at $425,920,000 were divested by the Affiliate at a price of $77.44 per share.

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 fall -8.55% to $64.39. Over the last five days, the stock has lost -16.85%. Nutanix Inc shares have risen nearly 5.25% since the year began. Nevertheless, the stocks have fallen -0.19% over the past one year. While a 52-week high of $79.99 was reached on 03/03/25, a 52-week low of $43.35 was recorded on 01/02/25. SMA at 50 days reached $67.97, while 200 days put it at $61.76.

Levels Of Support And Resistance For NTNX Stock

The 24-hour chart illustrates a support level at 62.23, which if violated will result in even more drops to 60.06. On the upside, there is a resistance level at 67.88. A further resistance level may holdings at 71.36. The Relative Strength Index (RSI) on the 14-day chart is 36.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.89%. Stochastics %K at 26.04% indicates the stock is a holding.

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