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Pictet Asset Management heavily invested in Nutanix, buying nearly 2.1 million shares worth about $130 million.
Pictet Asset Management Holding SA significantly boosted its stake in Nutanix (NASDAQ:NTNX) by 6,785.3%, acquiring 2,108,269 shares and increasing its holdings to 2,139,340 shares, worth about $130 million.
Nutanix, a company that provides cloud platform and software solutions for enterprise infrastructure, has a market cap of $18.94 billion.
Analysts have an average price target of $87.79 on the stock, with a consensus "Buy" rating.
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Pictet Asset Management invirtió fuertemente en Nutanix, comprando casi 2,1 millones de acciones por valor de unos 130 millones de dólares.