In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Nutanix Inc. (NASDAQ:NTNX) reported that Pandey Dheeraj has picked up 11,399,675 of common stock as of 2017-04-26.
The acquisition brings the aggregate amount owned by Pandey Dheeraj to a total of 11,399,675 representing less than 7.9% stake in the company.
For those not familiar with the company, 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. Its solution consists of software product families, including Acropolis and Prism. Its solution is delivered on commodity x86 servers. Acropolis includes its Distributed Storage Fabric that delivers enterprise-grade data management features. Acropolis also includes a built-in hypervisor, and its Application Mobility Fabric that enables application placement, conversion and migration across various hypervisors, and between public and private clouds. Prism delivers integrated virtualization and infrastructure management, operational analytics and a suite of one-click administration capabilities..
A glance at Nutanix Inc. (NASDAQ:NTNX)’s key stats reveals a current market capitalization of 2.28 Billion based on 143.21 Million shares outstanding and a price at last close of $15.70 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2016-10-27, Canada picked up 112,693 at a purchase price of $27.64. This brings their total holding to 2,612,700 as of the date of the filing.
On the sell side, the most recent transaction saw Lightspeed unload 29,590 shares at a sale price of $18.10. This brings their total holding to 0.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Nutanix Inc. (NASDAQ:NTNX) as things move forward to see if its progress aligns with these transactions.
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