Nutanix (NTNX)

[_55]

Looking good long term and short term. $NTNX

[Vonroe]

I believe a couple prior big news releases were on Monday mornings...Would be nice to see something pre market this Monday morning, that would give it the fuel for breakout. I hope this CEO pays attention to the charts, could really use a nice gift right about now. I know there are signing on new deals and contracts all the time, it's very possible .

[Vonroe]

Also, Nice looking daily and weekly chart. Either gonna be a break out another failed break out, any thoughts considering this new momentum?

[Vonroe]

If this thing breaks through $25 this next week, couldn't that create a short squeeze?

[faxedreceipts]

Watching FED announcement and paring back on my position until after the announcement. Better to be safe. This could hit under $22 in a heartbeat with such a large short population in it.

[faxedreceipts]

Will Short Sellers Hang On To Nutanix?

Nelson Hem , Benzinga Staff Writer FOLLOW

September 19, 2017 4:14pm Comments

Bank of America and other analysts are bullish on this software company.
Yet short sellers have been betting heavily against the stock.
Its share price has been flat in the past few weeks.
A meeting with the chief financial officer and other executives at Nutanix Inc
NTNX
was enough to convince Bank of America's Wamsi Mohan that that the company's long-term opportunity is unchanged and it remains in "hyper growth mode." But will short sellers get on board?

As of the most recent reporting date, the number of shares short was more than three times greater than it was at the beginning of the year. Yet Mohan maintains a Buy rating on Nutanix shares, with the price target boosted from $30 to $35. He sees the company growing 35 percent next year. And a Piper Jaffray analyst also projected increasing traction at the company after recent investor meetings with the company. So, can we expect to see short interest dwindle on the next settlement date (Sept. 15) or after?

See also: Want To Short Bitcoin? Here Are A Few Ways

At the end of last month, short interest in Nutanix was at its second highest level so far this year. Between the Aug. 15 and Aug. 31 settlement dates, this cloud computing software company saw the number of its shares short jump more than 9 percent to about 15.35 million. That represents 24.6 percent of the total float. Year to date, the short interest was only higher at the end of June. At the average daily trading volume as of the end of August, it would take more than five days to cover all short positions.

Nutanix shares rose more than 3 percent during the latest short interest period, when the company reported better-than-expected quarterly results, though they did not impress every analyst. The S&P 500 saw a less than a 2-percent gain in that time. The stock is still trading about where it was at the beginning of this month, after retreating in the wake of the Mohan call. The consensus recommendation of analysts polled by Thomson/First Call is to Buy the shares.

https://www.benzinga.com/analyst-ratings/analyst-color/17/09/10076681/will-short-sellers-hang-on-to-nutanix

[faxedreceipts]

Thanks

[Vonroe]

Great info and insight faxedreciepts...thank you!

[faxedreceipts]

2017 .NEXT Conference November 7-9, 2017 | Nice, France

https://www.nutanix.com/next/europe/?utm_content=buffer8c324&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

[faxedreceipts]

Earnings and Conference web calls:

http://ir.nutanix.com/company/events/default.aspx

[faxedreceipts]

Nutanix Is Still In 'Hyper Growth Mode,' What To Expect Over The Coming Quarters

Jayson Derrick , Benzinga Staff Writer FOLLOW
September 18, 2017 2:41pm Comments

Bank of America's Wamsi Mohan met with some of Nutanix Inc's most senior executives, including chief financial officer, Duston Williams, and head of investor relations, Tonya Chin. The main takeaway from the investor meeting was that the company's long-term opportunity remains unchanged.

Mohan maintains a Buy rating on Nutanix's stock boos with a price targeted from $30 to $35 as the company remains in "hyper growth mode." Specifically, after a 63-percent revenue growth rate in fiscal 2017 there is still room for the company to grow 35 percent next year with no incremental investments. Gross profit dollar growth is also projected to be above 40 percent over the next two years.

Nutanix's executives explained that the legacy 3-tier infrastructure represents a $100 billion total addressable market, the analyst noted. The company expects to move to a Hybrid cloud model and gain share in the space given its three key areas of differentiation, including simplicity, scalability and choice.

"Williams noted that the hardware on the HyperConverged appliance (i.e. servers) was
commoditized a while ago, and was followed by a commoditization of the Hypervisor itself," Mohan wrote (see his track record here). "The real value-add for Nutanix is in the software and up the stack. The company is nipping at the software-defined-networking capabilities of NSX (VMware's SDN), and is adding features like micro-segmentation within network security. The ultimate goal remains to provide a cloud Operating System that can manage workloads by their
characteristics and move them to the most efficient destination."

Finally, Nutanix's investors will likely rerate the stock's multiple higher as the company is viewed more of a software asset company as opposed to a hardware company.

At time of publication, shares of Nutanix were up 4.04 percent at $22.43.

https://www.benzinga.com/analyst-ratings/analyst-color/17/09/10069179/nutanix-is-still-in-hyper-growth-mode-what-to-expect-ov

[faxedreceipts]

https://twitter.com/nutanix

[faxedreceipts]

[faxedreceipts]

http://ir.nutanix.com/company/investor-resources/default.aspx

[faxedreceipts]

Bank of America upgraded the PT from $30 to $35 yesterday. If you watch the time and sales, you will witness massive accumulation of shares near closing. I've seen 400-500 k shares bought at close almost on a daily basis in the past week. Institutions are buying this company up. Institutional ownership has increased from 39% to 60%:
http://www.nasdaq.com/symbol/ntnx/institutional-holdings

Reviews from employees are glowing and the most negative review is that the company is growing too fast: https://www.glassdoor.com/Reviews/Nutanix-Reviews-E429159.htm

Reviews from customers are excellent. Thee company is growing gang busters with over 7000 customers and increasing every quarter. Here are some reviews: https://www.featuredcustomers.com/vendor/nutanix/testimonials

The company is focusing on growth and will have a rolling $1 billion in revenues in FY 2018.

The day will come for this company and it will rocket over $30 in a flash. Lots of shorts in this but they will cover as reality takes hold.

[Vonroe]

I simply cannot believe this board is so empty! What a disappointment. Here you have a company On the cutting edge of the hyper converged cloud space, signing new deals left and right, Starting to show quarter over quarter revenue increase which will lead to profitability eventually, and are clearly on the path to maneuvering themselves to the top..(Google and Goldman realize this) and no talk about it whatsoever on here. LOL...WTF?

[Avispa]

https://seekingalpha.com/article/4104089-nutanix-puzzling-price-reaction

[LYRICMIAMI]

Nutanix Rising: FYQ4 Beats, Q1 Revenue View Tops Consensus
Shares of enterprise technology upstart Nutanix rose by 4% in late trading on a better-than-expected quarterly report and a projection for revenue this quarter comfortably ahead of expectations.
ByTiernan Ray Aug. 31, 2017 4:17 p.m. ET

Enterprise technology vendor Nutanix (NTNX) this afternoon reportedfiscal Q4 revenue and profit that topped analysts’ expectations, and forecast revenue this quarter quite a bit higher than expected, sending its shares higher in late trading.

Revenue in the three months ended in July rose 62%, year over year, to $226. million, yielding a net loss of 33 cents.

Analysts had been modeling $218 million and a 38-cent net loss.

Nutanix said its “billings” rose 40%, year over year, to $206.6 million.

Chief executive Dheeraj Pandey called it "an outstanding conclusion to the fiscal year” and took the opportunity to trumpet the company’s newer products, "Nutanix Calm" and "Xi Cloud Services."

Pandey cited highlights of the quarter, such as "continued adoption of AHV, increased software-only sales, strong growth from our OEM partners, and positive operating cash flow."

For the current quarter, the company sees revenue of $240 million to $250 million, considerably higher than consensus for $232 million. Net loss is projected to be 37 cents per share, in line with consensus.

Nutanix stock is up 95 cents, over 4%, at $22.95, in late trading.

[LYRICMIAMI]

Wall Street analysts expect Nutanix Inc. (NASDAQ:NTNX) to post $217.81 million in sales for the current quarter, Zacks Investment Research reports. Six analysts have provided estimates for Nutanix’s earnings, with the highest sales estimate coming in at $219.60 million and the lowest estimate coming in at $215.70 million. The firm is scheduled to issue its next earnings report on Thursday, October 19th.
According to Zacks, analysts expect that Nutanix will report full-year sales of $217.81 million for the current financial year, with estimates ranging from $756.50 million to $760.30 million. For the next year, analysts anticipate that the company will post sales of $1.03 billion per share, with estimates ranging from $996.73 million to $1.07 billion. Zacks’ sales averages are an average based on a survey of sell-side research analysts that cover Nutanix.

Nutanix (NASDAQ:NTNX) last issued its quarterly earnings results on Thursday, May 25th. The technology company reported ($0.77) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.45) by $0.32. The company had revenue of $191.76 million for the quarter, compared to analysts’ expectations of $186.56 million. Nutanix had a negative return on equity of 5,196.17% and a negative net margin of 61.32%. The business’s quarterly revenue was up 67.2% on a year-over-year basis.


A number of analysts have recently issued reports on NTNX shares. Credit Suisse Group reissued a “buy” rating and issued a $38.00 price objective on shares of Nutanix in a research note on Friday, July 28th. Goldman Sachs Group, Inc. (The) upgraded shares of Nutanix from a “buy” rating to a “conviction-buy” rating and set a $31.00 target price for the company in a research report on Friday, July 14th. Oppenheimer Holdings, Inc. restated an “outperform” rating and set a $34.00 target price on shares of Nutanix in a research report on Wednesday, July 5th. Pacific Crest reiterated an “overweight” rating and set a $30.00 price objective on shares of Nutanix in a research report on Monday, July 3rd. Finally, BTIG Research reiterated a “neutral” rating on shares of Nutanix in a research report on Monday, July 3rd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $32.01.
In other Nutanix news, VP Kenneth W. Long III sold 30,000 shares of the business’s stock in a transaction dated Wednesday, July 19th. The shares were sold at an average price of $24.00, for a total transaction of $720,000.00. Following the sale, the vice president now directly owns 240,234 shares in the company, valued at $5,765,616. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Sunil Potti sold 10,000 shares of the business’s stock in a transaction dated Monday, July 17th. The stock was sold at an average price of $22.57, for a total transaction of $225,700.00. Following the sale, the insider now owns 131,382 shares in the company, valued at $2,965,291.74. The disclosure for this sale can be found here. Insiders sold 3,536,737 shares of company stock worth $71,191,028 in the last ninety days.
A number of hedge funds have recently modified their holdings of the company. Sapphire Ventures L.L.C. acquired a new stake in shares of Nutanix during the first quarter worth about $51,506,000. Raging Capital Management LLC purchased a new stake in Nutanix during the first quarter worth $27,315,000. Vanguard Group Inc. raised its stake in Nutanix by 65.5% in the first quarter. Vanguard Group Inc. now owns 3,275,441 shares of the technology company’s stock worth $61,480,000 after buying an additional 1,295,813 shares during the last quarter. Macquarie Group Ltd. raised its stake in Nutanix by 418.5% in the fourth quarter. Macquarie Group Ltd. now owns 1,366,367 shares of the technology company’s stock worth $36,291,000 after buying an additional 1,102,841 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D purchased a new stake in Nutanix during the first quarter worth $11,262,000. Institutional investors own 18.55% of the company’s stock.
Nutanix (NTNX) opened at 21.44 on Wednesday. Nutanix has a 12-month low of $14.38 and a 12-month high of $46.78. The company’s market capitalization is $3.25 billion. The company has a 50-day moving average of $20.39 and a 200 day moving average of $21.59.
Nutanix Company Profile
Nutanix, Inc is a United States-based company, which provides an enterprise cloud platform that converges silos of server, virtualization and storage into an integrated solution. The Company’s enterprise cloud platform connects to public cloud services. It has operations in the United States; Europe, the Middle East and Africa; Asia-Pacific, and Other Americas.
Get a free copy of the Zacks research report on Nutanix (NTNX)
For more information about research offerings from Zacks Investment Research, visit Zacks.com

[BidLurker]

Interesting how GS's target fills the gap on the daily...

[Advisors]

$28-30/share is next for NTNX:
NTNX has just entered a joint venture with GOOGLE (formally Alphabet Inc.) a couple weeks ago, besides exponential growth in Canada, Europe & India. Whatever that means in corporate jargon, in plain language a joint venture with such large company as GOOGLE = dramatic revenues growth, also makes NutaniX a prime target for acquisition (even by Google itself).
Expect NutaniX's stock to rise, albeit thru random panics & selloffs, general trend is towards $28-31/share

[BidLurker]

Shorty better cover...to da moon says GS

[OTCRIDER]

Nutanix is a ‘once-in-a-decade’ opportunity, says Goldman Sachs

Published: July 14, 2017 5:17 p.m. ET

http://www.marketwatch.com/story/nutanix-is-a-once-in-a-decade-opportunity-says-goldman-sachs-2017-07-14?siteid=rss&rss=1

NTNX Security Details
Share Structure

Market Value1 $1,776,085,739
a/o Jul 14, 2017

Authorized Shares Not Available

Outstanding Shares 80,293,207

a/o May 19, 2017

-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float Not Available
Par Value Not Available
http://www.otcmarkets.com/stock/NTNX/profile

[dave7933]

A big Goldman Sachs upgrade today. I'm surprised there are not more people talking about it on the board!

[Advisors]

Your opinion. Mine - I bought 1600 shares today. Look a Credit Suisse's rating of Nutanix, growth in demand worldwide, and besides Credit Suisse "buy" all other rating bureaus are AT LEAST "Hold"

[Canady]

I think this ship's gonna sink

[BidLurker]

Annontated NTNX Daily Chart

[BidLurker]

nice increase of volume on nice green candle...

[BidLurker]

Margin's calling...

[BidLurker]

Shorty getting squeezed

[wiltonio]

Singh/Saharan Revocable Trust has filed a new 13G, reporting 15.5% ownership in $NTNX - https://fintel.io/so/us/ntnx

[wiltonio]

Pandey Dheeraj has filed a new 13G, reporting 7.9% ownership in $NTNX - https://fintel.io/so/us/ntnx

[Axel]

Need this to bounce

Scaling factors should kick into earnings soon

[stock1ace1]

Bids at 24.54$ .... 35$ is far away now

[MarkusT]

Shares of Nutanix Inc (NASDAQ:NTNX) broke out and are headed quickly to $35. The current price is $30.18. Note on the stock chart below that Nutanix finally broke above the trend line and is now free to surge higher. This will be a quick move. Traders and investors can buy Nutanix for a quick upside move.


Stock market investors buy a chart breakout on Nutanix Inc

[jones99]

Looks like a potential strong rebound in the next couple days. PI and TWLO both did the same thing after their 1st ER.

[biotechnician]

BIG NEWS TODAY, When Cloud Harmonics partners combine the Cloud Platform
with the Palo Alto Networks® Next-Generation Security Platform, they have all
the capabilities they need to deliver the simplicity, scale and security their
customers are looking for throughout their public and private cloud
environments.

PANW big partner for NTNX.

[bigbear0083]

Re: Hi there bigbear! Whats on your radar these days?

hiya there Joe! wow thx for your lighting quick reply here!

honestly this market literally has me on my toes of late haha. really trying to grasp where this thing wants to go to next. but some of these new ipos like NTNX are doing great!

the one caveat that lingers on the back of my mind is this upcoming nov. 8th election. but obviously that doesn't mean there aren't things moving out there on any given day, just have to find them! NTNX looks pretty interesting.

just checked out that stockaholics.net site never heard of it before but i see it has a lot of nice resources thx a ton for the share. bookmarked.

[Joe89]

Hi there bigbear! Whats on your radar these days?

[bigbear0083]

Re: Great IPO action here, this stock is doing

yea i have been very impressed with how well this has been performing the past few days as well!

thank you for the link btw, great resources there.

[Joe89]

Great IPO action here, this stock is doing amazingly well in the past few sessions:

Some more active discussion here: http://stockaholics.net/threads/ntnx-nutanix.2406/

[biotechnician]

amigobulls.com/articles/the-nutanix-ipo-ntnx-is-an-attractive-investment-opportunity

[jones99]

Strong close yesterday for a continuation higher. About to break higher highs. Lets get to $50

[Richyrich985]

Yeah, because today isn't a good day

[vhgier]

The stock should do ok. I imagine as more investors find out about it we will see some good trading days.

[cooler]

Here's a nice read from March of 2016.

Startup Nutanix To Cisco: Welcome To Hyper-Convergence Market, Good Luck Catching Up With Us

Nutanix, the top startup in the hyper-convergence market with a $2 billion-plus valuation, says it isn't afraid of networking giant Cisco Systems entering the space with its HyperFlex Systems offering.

"Cisco is a formidable competitor with a strong channel base, but with a history of false starts entering new markets," Chris Morgan, Nutanix's vice president of channels and distribution for the Americas, U.S. Federal and EMEA markets, said Tuesday in an email to CRN. ...

http://www.crn.com/news/data-center/300079877/startup-nutanix-to-cisco-welcome-to-hyper-convergence-market-good-luck-catching-up-with-us.htm

cooler

[protagonist12]

Nutanix went public today through an initial public offering. The IPO was priced last evening at $16.00 per share, resulting in proceeds to the company of approximately $238 million. 15 million shares will be sold in the offering, the shares, which now trade on the NASDAQ under the ticker symbol "NTNX" opened their first day of trading at $26.50.