Fundsmith LLP Reduces Stock Position in Nutanix $NTNX

Posted by Brenda Bartman on Aug 31st, 2026

Fundsmith LLP lessened its stake in Nutanix (NASDAQ:NTNX – Free Report) by 6.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 538,281 shares of the technology company’s stock after selling 39,111 shares during the period. Nutanix comprises about 0.2% of Fundsmith LLP’s investment portfolio, making the stock its 27th largest position. Fundsmith LLP’s holdings in Nutanix were worth $27,431,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. CX Institutional increased its position in Nutanix by 134.6% in the second quarter. CX Institutional now owns 488 shares of the technology company’s stock worth $25,000 after buying an additional 280 shares during the period. Western Wealth Management LLC bought a new position in shares of Nutanix during the first quarter worth about $27,000. New Millennium Group LLC bought a new position in shares of Nutanix during the fourth quarter worth about $28,000. Covestor Ltd increased its holdings in shares of Nutanix by 73.1% in the 4th quarter. Covestor Ltd now owns 767 shares of the technology company’s stock worth $40,000 after acquiring an additional 324 shares during the period. Finally, Harbour Investments Inc. increased its holdings in shares of Nutanix by 159.4% in the 4th quarter. Harbour Investments Inc. now owns 817 shares of the technology company’s stock worth $42,000 after acquiring an additional 502 shares during the period. Institutional investors and hedge funds own 85.25% of the company’s stock.

Nutanix Price Performance

Shares of NASDAQ:NTNX opened at $69.16 on Monday. Nutanix has a 12 month low of $34.01 and a 12 month high of $82.42. The stock has a market cap of $18.70 billion, a price-to-earnings ratio of 13.40, a PEG ratio of 4.11 and a beta of 0.60. The stock’s 50 day moving average price is $58.16 and its 200 day moving average price is $48.26. The company has a debt-to-equity ratio of 1.92, a current ratio of 1.80 and a quick ratio of 1.78.

Nutanix (NASDAQ:NTNX – Get Free Report) last issued its quarterly earnings results on Wednesday, August 26th. The technology company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.11. Nutanix had a negative return on equity of 90.13% and a net margin of 52.81%.The company had revenue of $757.08 million for the quarter, compared to analysts’ expectations of $738.27 million. During the same period last year, the firm earned $0.37 EPS. The firm’s revenue for the quarter was up 15.9% on a year-over-year basis. Equities research analysts anticipate that Nutanix will post 0.97 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Nutanix in a research note on Wednesday, June 24th. Northland Securities set a $70.00 price target on Nutanix in a report on Thursday. UBS Group set a $85.00 price objective on Nutanix in a research report on Thursday. Wells Fargo & Company increased their price objective on Nutanix from $55.00 to $65.00 and gave the stock an “equal weight” rating in a report on Thursday. Finally, Wall Street Zen upgraded Nutanix from a “hold” rating to a “buy” rating in a research report on Saturday, July 4th. One 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’s stock. According to MarketBeat.com, Nutanix has a consensus rating of “Moderate Buy” and a consensus target price of $72.71.

View Our Latest Research Report on Nutanix

Key Stories Impacting Nutanix

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.

Nutanix Profile

(Free Report)

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.

Fundsmith LLP Reduces Stock Position in Nutanix $NTNX

Nutanix Price Performance

Analysts Set New Price Targets

Key Stories Impacting Nutanix

Nutanix Profile

Further Reading

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