Nutanix Inc’s recently made public that its Chief Financial Officer Sivaraman Rukmini unloaded Company’s shares for reported $0.18 million on Mar 17 ’25. In the deal valued at $70.09 per share,2,521 shares were sold. As a result of this transaction, Sivaraman Rukmini now holds 200,669 shares worth roughly $14.66 million.
Then, RUKMINI N SIVARAMAN bought 2,521 shares, generating $176,705 in total proceeds.
Before that, Humphrey David sold 5,500,000 shares. Nutanix Inc shares valued at $409,805,000 were divested by the Director at a price of $74.51 per share. As a result of the transaction, Humphrey David now holds 11,354,032 shares, worth roughly $829.3 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 Friday, Nutanix Inc [NASDAQ:NTNX] saw its stock jump 0.74% to $73.04. Over the last five days, the stock has gained 5.14%. Nutanix Inc shares have risen nearly 19.39% since the year began. Nevertheless, the stocks have risen 17.31% 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 $69.30, while 200 days put it at $61.91.
Levels Of Support And Resistance For NTNX Stock
The 24-hour chart illustrates a support level at 71.10, which if violated will result in even more drops to 69.15. On the upside, there is a resistance level at 74.22. A further resistance level may holdings at 75.39. The Relative Strength Index (RSI) on the 14-day chart is 55.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.05, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 40.50%. Stochastics %K at 56.82% indicates the stock is a holding.
How much short interest is there in Nutanix Inc?
A steep rise in short interest was recorded in Nutanix Inc stocks on 2025-02-28, growing by 0.74 million shares to a total of 8.56 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 7.83 million shares. There was a rise of 8.59%, which implies that there is a positive sentiment for the stock.
