NTNX

Portfolio Changes

Sale of 150 shares of Dynatrace (remaining position); Purchase of 30 shares of Datadog; Purchase of 150 shares of Nutanix. Dynatrace: We eliminated the last of our Dynatrace (DT) position this morning. We were sorry to have to eliminate the position, but at this point the growth divergence between Dynatrace and Datadog was just too great to…

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Sales of 1500 shares of UiPath and Sale of 150 shares of Dynatrace: Purchase of 300 shares of Nutanix, Purchase of 200 shares of GitLab As we had indicated, we have now eliminated UiPath from the portfolio. Its latest earnings report and guidance were very disappointing, and while the narrative may play out, we simply…

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UiPath; Nutanix, Pure and Salesforce It’s Thursday, the trading week is half over and there are some notable casualties. UiPath is trading down by about 34% and Salesforce is down by more than 18%. NTNX, which had been “bulled-up” into the numbers, is trading in line with a “sell the news paradigm” and is down…

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Portfolio changes

Purchase of 60 shares of Snowflake; Sale of 150 shares of Nutanix We added 50 shares of Snowflake (SNOW) to our high growth portfolio today. We previously had 270 shares and we now have 330 shares. At the current price, a 330 share position is a weighting of about 5%. Snowflake shares, after spiking positively…

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Sale of 250 shares of Nutanix; Sale of 100 shares of Dynatrace; purchase of 150 shares of AppLovin; Purchase of 20 shares of CyberArk We made some changes to the high growth portfolio today. In general, my strategy is to hold positions long term. But sometimes, when I see tactical opportunities, I take them. I…

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As foreshadowed in our recent note on Snowflake, we added 70 shares of Snowflake to our position; we now have a position of 270 shares, which is a weighting of about 4.5%. The investment case for Snowflake was embodied in the note just sent to subscribers. The purchase cost $10,705.  We sold 100 shares of Nutanix,…

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Sales of 100 shares of Veeva (entire position); 200 shares of Procore and 320 Nutanix-Total Sales of Purchase of 300 shares of UiPath; 500 Shares of Nu Holdings; 633 shares of Pagaya; 400 shares of SentinelOne and 30 shares of Zscaler As we indicated in the post we sent on Thursday, we decided to make…

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Summary The best strategy to invest in the AI revolution is to focus on the pick and shovel vendors in the space. These companies serve as toll takers on the road to the deployment of AI based applications. AI needs lots of storage and thus we recommend shares of Pure. AI needs unified storage/compute and…

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Business updates

Summary: Nutanix is experiencing steady growth at 30%, with a notable increase in free cash flow. Global-e witnessed a substantial 53% growth in sales during Black Friday and Cyber Monday. Pagaya’s investor presentations indicate potential positive outcomes in terms of loan originations and margin. Construction spending has exceeded expectations in the last month, suggesting a…

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Nutanix held its analyst day on Tuesday, Sept. 26, 2023. It turned out to be less than an optimal day for a positive presentation. Many market participants and doubtless subscribers were spending Tuesday looking at a deteriorating market in which most asset classes were being sold. I am going to focus on the Nutanix analyst…

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