Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Nutanix Inc shares valued at $176,705 were sold by Sivaraman Rukmini on Mar 17 ’25. At $70.09 per share, Sivaraman Rukmini sold 2,521 shares. The insider’s holdings dropped to 200,669 shares worth approximately $14.62 million following the completion of this transaction.
Also, RUKMINI N SIVARAMAN purchased 2,521 shares, netting a total of over 176,705 in proceeds.
Before that, Humphrey David had sold 5,500,000 shares from its account. In a trade valued at $409,805,000, the Director traded Nutanix Inc shares for $74.51 each. Upon closing the transaction, the insider’s holdings decreased to 5,500,000 shares, worth approximately $827.03 million.
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 surge of approximately 7.48%. Over the course of the year, Nutanix Inc shares have jumped approximately 19.06%. 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 $68.92, while a 200-day SMA reached $61.73.
Support And Resistance Levels for Nutanix Inc (NTNX)
According to the 24-hour chart, there is a support level at 70.73, which, if violated, would cause prices to drop to 68.63. In the upper region, resistance lies at 74.30. The next price resistance is at 75.77. RSI (Relative Strength Index) is 55.33 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.00, which suggests the price will decrease in the coming days. Percent R is at 43.49%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
