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The price of Nutanix Inc (NASDAQ: NTNX) closed at $60.28 in the last session, up 0.08% from day before closing price of $60.23. In other words, the price has increased by $0.08 from its previous closing price. On the day, 2.25 million shares were traded. NTNX stock price reached its highest trading level at $60.57 during the session, while it also had its lowest trading level at $58.14.
Ratios:
We take a closer look at NTNX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.88. For the most recent quarter (mrq), Quick Ratio is recorded 1.68 and its Current Ratio is at 1.06.
On May 08, 2024, Raymond James Upgraded its rating to Outperform which previously was Mkt Perform but kept the price unchanged to $72.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 10 ’24 when CHRIS GOMO LEGACY TRUST bought 30,000 shares for $60.05 per share.
RAMASWAMI RAJIV sold 23,986 shares of NTNX for $1,299,738 on Jun 18 ’24. The President and CEO now owns 407,045 shares after completing the transaction at $54.19 per share. On Jun 18 ’24, another insider, Sangster David, who serves as the Chief Operating Officer of the company, sold 10,384 shares for $54.19 each. As a result, the insider received 562,660 and left with 64,333 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NTNX now has a Market Capitalization of 14867518464 and an Enterprise Value of 14640258048. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.92. Its current Enterprise Value per Revenue stands at 6.813 whereas that against EBITDA is 184.976.
Stock Price History:
Over the past 52 weeks, NTNX has reached a high of $73.69, while it has fallen to a 52-week low of $33.30. The 50-Day Moving Average of the stock is 12.53%, while the 200-Day Moving Average is calculated to be 7.30%.
Shares Statistics:
According to the various share statistics, NTNX traded on average about 2.59M shares per day over the past 3-months and 2970020 shares per day over the past 10 days. A total of 239.61M shares are outstanding, with a floating share count of 228.15M. Insiders hold about 7.50% of the company’s shares, while institutions hold 84.70% stake in the company. Shares short for NTNX as of 1723680000 were 6467050 with a Short Ratio of 2.50, compared to 1721001600 on 4982111. Therefore, it implies a Short% of Shares Outstanding of 6467050 and a Short% of Float of 3.49.
