Nutanix Climbs 1.03% with S&P MidCap 400 Inclusion Looming but Volume Dips to 338th Rank

. 9, , , ranking 338th in market activity. The stock’s performance was influenced by its inclusion in the S&P MidCap 400 index, effective Sept. 22, which replaces Acadia Healthcare. This addition follows a quarterly rebalancing and is expected to enhance institutional exposure for the enterprise cloud computing firm.

The stock’s recent momentum was further supported by a strategic partnership with Cisco, announced in late August, to streamline hybrid multicloud solutions. Analysts highlighted Nutanix’s improved fundamentals, . However, insider selling activity, including sales by CEO and COO , added short-term uncertainty. Bank of America upgraded the stock, citing potential for long-term growth driven by cloud adoption and cost optimization.

To run this back-test accurately, the following details are required: (1) Market/universe—U.S. equities or a narrower index (e.g., S&P 1500); (2) weighting method—equal-weight or dollar-volume weighted; (3) price series—entry at next day’s open or today’s close; (4) transaction cost assumptions. Once defined, the back-test will analyze daily rebalancing from Jan. 1, 2022, through today.