Nutanix (NASDAQ:NTNX) announced its quarterly earnings data on Monday. The technology company reported ($0.22) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.34) by $0.12, MarketWatch Earnings reports. The firm had revenue of $378.50 million for the quarter, compared to analysts’ expectations of $367.83 million. During the same period last year, the company posted ($0.88) earnings per share. The business’s revenue for the quarter was up 21.0% compared to the same quarter last year.
NTNX opened at $32.58 on Wednesday. The company has a market cap of $6.98 billion, a price-to-earnings ratio of -6.50 and a beta of 1.63. The company’s 50 day moving average is $36.64 and its 200 day moving average is $36.13. Nutanix has a 12-month low of $25.15 and a 12-month high of $44.50.
In other Nutanix news, CFO Duston Williams sold 19,336 shares of the firm’s stock in a transaction that occurred on Thursday, September 16th. The shares were sold at an average price of $41.74, for a total transaction of $807,084.64. Following the sale, the chief financial officer now owns 256,284 shares in the company, valued at approximately $10,697,294.16. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Tyler Wall sold 15,282 shares of the firm’s stock in a transaction that occurred on Thursday, September 16th. The stock was sold at an average price of $41.74, for a total transaction of $637,870.68. Following the sale, the insider now owns 115,471 shares in the company, valued at approximately $4,819,759.54. The disclosure for this sale can be found here. In the last three months, insiders sold 173,044 shares of company stock worth $6,792,459. 0.92% of the stock is currently owned by insiders.
Nutanix Company Profile
Nutanix, Inc engages in the provision of enterprise virtualization and storage solutions. It engages in cloud operating system that converges traditional silos of server, virtualization, storage, and networking into one integrated solution and unifies private and public cloud into a single software fabric.
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