We recently published a list of 10 Stocks With At Least $30 Million In Insider Sales Recently. In this article, we are going to take a look at where Nutanix, Inc. (NASDAQ:NTNX) stands against other stocks with at least $30 million in insider sales recently.
Last week, stocks declined in part due to President Donald Trump’s statements on tariffs. This week, the turbulent ride on the stock market continues as stocks react to the President’s comments on a potential recession.
In an interview on Fox News’ “Sunday Morning Futures with Maria Bartiromo” that aired Sunday, Trump discussed the U.S. economy, stating it is “a period of transition,” and did not rule out a possible recession, according to CNN Business. When directly asked if he was expecting one, the President responded, “I hate to predict things like that. There is a period of transition because what we’re doing is very big.”
The very big U.S. indexes reacted to the news, with blue-chip companies dropping by 1%, and the broader market index losing 2%. The NASDAQ, which already entered correction last week, fell another 3% today. Tech stocks were leading the sell-off.
As the market adapts to new political and economic developments, some analysts remain optimistic, with faith in the future adoption of AI technology. During these market fluctuations, insider trading often attracts attention, as executives have valuable insights into their company’s future. For instance, when a CEO or CFO buys company stock, it can signal confidence in the company’s prospects.
On the other hand, selling shares may indicate a lack of confidence, though it’s not always the case. Insiders may sell for reasons like portfolio rebalancing or personal financial needs, and many follow pre-arranged trading plans (10b5-1 plans).
While insider buying or selling can offer useful clues, it should be considered alongside a company’s financial health, industry trends, and market conditions. Research is key to making informed investment decisions.
Today, we’re focusing on stocks that have seen insider sales of at least $30 million since the start of the year. Using Insider Monkey’s insider trading screener, we identified stocks where at least one insider sale reached $30 million or more. While the total value of insider sales for these stocks could be higher, we specifically selected the stocks with the single largest insider sale above $30 million. From this group, we highlighted the 10 stocks with the highest individual insider sales.
Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds, focusing on insider trading and stock picks from hedge fund investor newsletters and conferences. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
For each stock, we provide details on the highest individual sale, the number of insider sales exceeding $30 million year-to-date, and the company’s current market capitalization.
A close-up of a laptop screen displaying cloud platform application software.
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, Inc. (NASDAQ:NTNX). 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 (NASDAQ:NTNX) 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 (NASDAQ:NTNX)’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.
Overall, NTNX ranks 3rd on our list of stocks with at least $30 million in insider sales recently. While we acknowledge the potential of NTNX, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NTNX but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires
Disclosure: None. This article is originally published at Insider Monkey.
