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Virginia Gambale, a director at Nutanix, Inc. (NASDAQ:NTNX), recently sold 7,000 shares of Class A common stock. The transaction, which took place on June 5, 2025, was executed at a price of $78 per share, amounting to a total of $546,000. The sale occurred as Nutanix, now valued at over $20 billion, maintains impressive gross profit margins of 86% and has delivered strong returns over the past three months. Following this sale, Gambale holds 38,330 shares indirectly through a trust and 3,646 shares directly. The direct shares reflect those to be received upon the settlement of restricted stock units, subject to certain vesting conditions. This update provides investors with insight into the trading activities of Nutanix’s board members. According to InvestingPro, analysts maintain a bullish outlook with price targets reaching up to $100, while the platform identifies 13 additional key insights about Nutanix’s financial health and market position.
In other recent news, Nutanix reported its third-quarter fiscal year 2025 earnings, surpassing analysts’ expectations with an earnings per share (EPS) of $0.42, compared to the forecasted $0.38. The company also exceeded revenue projections, posting $639 million against an anticipated $594.44 million, marking a 22% year-over-year increase. Piper Sandler recently upgraded Nutanix’s stock target to $88 from $76, citing stable growth and the company’s strong momentum in acquiring new customers. The firm maintained an Overweight rating, emphasizing confidence in Nutanix’s future free cash flow estimates and the stabilization of the Net Revenue Retention rate. Nutanix’s strategic partnerships, particularly with Dell (NYSE:DELL) and Cisco (NASDAQ:CSCO), are strengthening its market position. The company added 620 new customers in the third quarter, further highlighting its growth trajectory. Nutanix’s non-GAAP gross margin was reported at 88.2%, and the company achieved a free cash flow of $23 million. Looking ahead, Nutanix projects revenue between $635 million and $645 million for the fourth quarter of FY2025, with full fiscal year revenue guidance set at $2.52 to $2.53 billion.
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