Fundsmith LLP Lowers Stake in Nutanix $NTNX

Fundsmith LLP lessened its stake in Nutanix (NASDAQ:NTNX) by 6.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 538,281 shares of the technology company’s stock after selling 39,111 shares during the period. Nutanix accounts for approximately 0.2% of Fundsmith LLP’s investment portfolio, making the stock its 27th largest holding. Fundsmith LLP owned about 0.20% of Nutanix worth $27,431,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. CoreCap Advisors LLC raised its stake in shares of Nutanix by 28.6% in the second quarter. CoreCap Advisors LLC now owns 900 shares of the technology company’s stock worth $46,000 after purchasing an additional 200 shares during the last quarter. Utah Retirement Systems boosted its holdings in Nutanix by 0.6% during the fourth quarter. Utah Retirement Systems now owns 42,355 shares of the technology company’s stock worth $2,189,000 after buying an additional 257 shares in the last quarter. International Assets Investment Management LLC boosted its stake in shares of Nutanix by 5.8% during the 1st quarter. International Assets Investment Management LLC now owns 4,700 shares of the technology company’s stock worth $179,000 after acquiring an additional 259 shares in the last quarter. CX Institutional grew its holdings in Nutanix by 134.6% in the second quarter. CX Institutional now owns 488 shares of the technology company’s stock valued at $25,000 after purchasing an additional 280 shares during the period. Finally, Summit Securities Group LLC grew its stake in Nutanix by 26.4% in the 4th quarter. Summit Securities Group LLC now owns 1,356 shares of the technology company’s stock valued at $70,000 after acquiring an additional 283 shares during the period. 85.25% of the stock is owned by hedge funds and other institutional investors.

Nutanix News Roundup

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: Results beat expectations: Nutanix reported fiscal Q4 revenue of $757.1 million and adjusted earnings of $0.60 per share, surpassing Wall Street estimates of $738.3 million and $0.49, respectively. Revenue increased 15.9% year over year. Nutanix Tops Estimates in Q4, Shares Jump
• Positive Sentiment: AI partnership strengthens the growth story: AMD’s equity investment in Nutanix, combined with joint product development and go-to-market efforts, could help Nutanix provide software infrastructure for AMD-powered AI and inference systems. Nutanix also works with Nvidia, giving it exposure to both leading AI-chip ecosystems. Nutanix’s Rally Has a Bigger Story Than Earnings as AMD’s AI Bet Takes Shape
• Positive Sentiment: Customer momentum and share gains: Nutanix added approximately 3,000 customers over the past year, many reportedly switching from VMware. External-storage offerings, cloud partnerships and its NC2 platform could broaden adoption and support future growth. Nutanix nabbed 3,000 new customers in 1 year, many from VMware
• Positive Sentiment: Analysts raised several targets: RBC lifted its target to $90 and reiterated an outperform rating; Oppenheimer raised its target to $85 with an outperform rating; and Needham increased its target to $85 while maintaining a buy rating. These revisions reflect optimism following the earnings beat and the company’s AI opportunity.
• Neutral Sentiment: Additional investor visibility: Nutanix will present at the Goldman Sachs Communacopia + Technology Conference on September 8, potentially giving management an opportunity to discuss fiscal 2027 growth, AI demand and partnerships. Nutanix to Present at Upcoming Investor Conference
• Negative Sentiment: Mixed ratings and execution risks: Barclays raised its target to $75 but kept an equal-weight rating, while Morgan Stanley’s $63 target remains below the recent trading level. Supply constraints, competition and the need to convert strong bookings into revenue could limit upside.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on NTNX. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Nutanix in a report on Thursday, May 28th. Wall Street Zen upgraded shares of Nutanix from a “hold” rating to a “buy” rating in a report on Saturday, July 4th. Bank of America restated a “buy” rating on shares of Nutanix in a research report on Thursday. Rosenblatt Securities upped their target price on shares of Nutanix from $60.00 to $75.00 and gave the stock a “buy” rating in a research note on Tuesday, August 25th. Finally, Barclays lifted their price objective on Nutanix from $53.00 to $75.00 and gave the company an “equal weight” rating in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $72.71.

Nutanix Stock Performance

Shares of NTNX opened at $69.16 on Monday. The company has a current ratio of 1.80, a quick ratio of 1.78 and a debt-to-equity ratio of 1.92. The firm’s 50-day moving average is $58.16 and its two-hundred day moving average is $48.26. Nutanix has a twelve month low of $34.01 and a twelve month high of $82.42. The firm has a market capitalization of $18.70 billion, a P/E ratio of 13.40, a PEG ratio of 4.11 and a beta of 0.60.

Nutanix (NASDAQ:NTNX) last released its quarterly earnings data on Wednesday, August 26th. The technology company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.49 by $0.11. The business had revenue of $757.08 million for the quarter, compared to analyst estimates of $738.27 million. Nutanix had a net margin of 52.81% and a negative return on equity of 90.13%. The business’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.37 EPS. On average, research analysts predict that Nutanix will post 0.97 earnings per share for the current fiscal year.

About Nutanix

Nutanix, Inc is an enterprise cloud computing company that develops software to simplify the deployment and management of datacenter infrastructure. Founded in 2009 and headquartered in San Jose, California, Nutanix is best known for pioneering hyperconverged infrastructure (HCI), an approach that integrates compute, storage and virtualization into a single software-defined platform aimed at reducing complexity and operational overhead in private and hybrid cloud environments.

The company’s product portfolio centers on the Nutanix Cloud Platform, which includes its core AOS software for HCI, Prism for infrastructure management and automation, and a suite of additional services such as Calm for application automation, Files and Volumes for file and block services, Karbon for Kubernetes orchestration, and Era for database management.