Nutanix (NTNX) CFO Sivaraman Rukmini Sells $17M of Stock

Nutanix, Inc. Chief Financial Officer Sivaraman Rukmini sold 232,712 shares on October 12, 2026, at an average price of $74.55. This transaction was part of a pre-arranged plan and totaled about $17.35 million in value.

Inside Sivaraman Rukmini's Trade

Rukmini's sale of 232,712 shares represents a significant transaction for the CFO, as it reflects a planned move rather than a reaction to market conditions. The shares were sold at $74.55 each, although the stock is currently trading lower than this price, around $66.77 as of October 16, 2026.

Other Institutional Activity in Nutanix

In recent filings, several other institutional investors adjusted their stakes in Nutanix. Blackrock Inc. increased its holdings by 458,807 shares, bringing its total to 27,768,774 shares worth about $1.86 billion. Meanwhile, AQR Capital Management, LLC added 2,624,678 shares, ending with 17,778,710 shares valued at approximately $1.19 billion. Conversely, FMR, LLC reduced its stake by 227,055 shares, now holding 39,607,144 shares worth around $2.65 billion.

Nutanix, Inc. Stock Down 4.6%

Nutanix shares recently traded around $66.77, which is about 12.1% below its 52-week high of $75.98. The stock is currently below its 50-day moving average of $68.42, but it remains significantly above its 52-week low of $34.01. The average target price from analysts is $77.79, suggesting potential upside.

Recent Earnings

Nutanix reported trailing twelve-month revenue of approximately $2.85 billion, with a net margin of 52.8%. The company has shown a year-over-year revenue growth of 15.9%. Its next earnings report is expected on November 25, 2026.

Insider Buying and Selling at Nutanix, Inc.

In addition to Rukmini's recent sale, other insiders have also traded shares. On October 9, 2026, Director Teresa Gayle Sheppard sold 3,500 shares at an average price of $73.67, valued at about $257,861. Earlier, on September 17, 2026, Rukmini sold 38,139 shares at an average price of $70.00, totaling around $2.67 million.

Analysts Set New Price Targets

Analysts have been optimistic about Nutanix, with Piper Sandler reiterating its Overweight rating and a price target of $75.00 on August 27, 2026. RBC Capital maintained an Outperform rating with a target of $90.00, while Oppenheimer also kept its Outperform rating with a target of $85.00. The consensus recommendation is a 'buy' with a mean target price of $77.79.

About Nutanix

Nutanix, Inc. provides a cloud and artificial intelligence platform, catering to clients across various regions including North America and Europe. The company's technology solutions help businesses streamline their operations and enhance productivity.

Bottom Line

Investors will be watching for Nutanix's upcoming earnings report on November 25, 2026, to gauge its financial health. With recent insider trading activity and institutional adjustments, the stock's performance in the coming weeks will be crucial to watch.