10 Stocks With At Least $30 Million In Insider Sales Recently

3. Nutanix, Inc. (NASDAQ:NTNX)

Highest Individual Sale: $409,805,000.00

Number of Sales Above $30 million: 2

Market Capitalization: $18.78 billion

The third stock among 10 with a minimum of $30 million in recent insider sales is a cloud computing company, Nutanix. The San Jose, California-headquartered firm provides software solutions for data centers and hybrid multi-cloud environments. Its offerings include software for virtualization, Kubernetes, database-as-a-service, software-defined networking, security, and software-defined storage for file, object, and block storage.

Nutanix has evolved from its initial hyper-converged infrastructure (HCI) offering into a comprehensive hybrid multi-cloud platform that empowers businesses to run applications both on-premises and across public clouds such as AWS and Azure. The company has expanded its capabilities to include a fully integrated cloud-native platform for Kubernetes applications and enterprise AI solutions, positioning itself as a versatile platform for both current and future computing needs. It has also strengthened its strategic alliances, particularly with Cisco and Dell, while establishing key relationships with major cloud providers like AWS to support seamless workload migration.

On March 3, two insiders sold $409.81 million worth of Nutanix shares each. The insiders sold 5.5 million shares each, at a price of $74.51 per share. Since the beginning of the year, Nutanix stock grew 15.09%, and its shares are now trading at $70.41 per share. Investors who invested in Nutanix, have seen an 11.13% return on their investment.

For the second quarter of fiscal 2025, the company disclosed revenue of $654.7 million, an increase of 15% year-over-year from $565.2 million. Free cash flow during the quarter was $187.1 million, compared to free cash flow of $162.6 million in the second quarter of fiscal 2024.

For the third quarter of fiscal 2025, the company projects revenue in the range of $620 million to $630 million, and a non-GAAP operating margin of 17% to 18%. The outlook for the full fiscal 2025 suggests revenue between $2.495 billion to $2.515 billion.

Nutanix’s seventh annual Enterprise Cloud Index (ECI) survey reveals that Generative Artificial Intelligence (GenAI) adoption is rapidly accelerating, with over 80% of organizations already implementing a GenAI strategy. While GenAI promises productivity, automation, and innovation, companies face challenges in scaling workloads, data security, privacy, and modernizing IT infrastructure. Many organizations expect rising IT costs due to GenAI, but 70% anticipate a return on investment within the next 2-3 years.

As per MarketBeat, fifteen analysts believe Nutanix is a “Buy”, forecasting a price of $87.79.

The stock is also considered one of the 10 best growth stocks under $100 to buy now.