Sangster David

COO David Sangster sold 12.0K NTNX shares at $59.83 on 2024-09-16; currently down 20.9% from 52-week high.

David Sangster, Chief Operating Officer, sold 11,950 shares for $714,968.50 ($715.0K), reducing holdings from 135,818 to 123,868 shares. The sale occurred at $59.83 per share; the stock now trades at $58.05, having fallen 20.9% from its 52-week high of $73.37. NTNX is growing revenues at 17.8% year-over-year but remains unprofitable with net income of $-15.6M in the latest full fiscal year. Sangster's cross-ticker track record shows 9 prior sells with a 90-day well-timed rate of 22.22%, while his same-ticker history at NTNX spans 5 prior sells with 2 of 5 showing positive 90-day returns (40% well-timed rate at this ticker). The current sale follows a pattern of regular open-market dispositions at this company.

COO David Sangster sells 10,384 shares of NTNX for $562,660.33 at $54.19; stock down 24.0% in 30d, company unprofitable

David Sangster, Chief Operating Officer, sold 10,384 shares across 2 separate transactions on 2024-06-18 for a blended average price of $54.19, reducing his holdings by 13.9%. The sale occurred as Nutanix's stock has declined 24.0% over the preceding 30 days and 27.2% from its 52-week high of $73.37. At the same-ticker level, Sangster's prior 5 trades at NTNX show mixed results: his 2024-03-18 sales were poorly timed (both followed by negative 30d and 90d returns), while his September 2023 sales were well-timed at the 90-day horizon (with 90d returns of +29.2%, +34.1%, and +35.0% respectively), indicating occasional predictive accuracy specific to this stock. The company remains unprofitable with net income of $-15,616,000.00 in its latest quarter, though annual revenue growth of 17.8% demonstrates operational expansion. Current price of $53.42 is already 1.4% below the sale price, continuing the downward trend that characterized the 30-day pre-transaction window.