Fundsmith Reduces $39M in Nutanix, Inc. ($NTNX)

Fundsmith has significantly reduced its position in Nutanix, Inc. (NasdaqGS: NTNX), cutting its holdings by about 58% according to its latest Form 13F filing with the SEC. The fund now holds 577,392 shares, down from 1,377,158 shares, representing a decrease of 799,766 shares. The value of the remaining stake is approximately $28.47 million as of the reporting period.

What Changed in Fundsmith's Nutanix Position

Fundsmith's decision to cut its Nutanix position by 58% led to a reduction of 799,766 shares, leaving the fund with 577,392 shares valued at roughly $28.47 million. This move reflects a significant scaling back from its previous holding of 1,377,158 shares.

Other Institutional Activity in Nutanix

Several other institutional investors have also adjusted their positions in Nutanix. Tudor Investment Corp. added 64,500,000 shares, bringing its total to the same amount, valued at about $58.35 million. FMR LLC reduced its holdings by 607,087 shares, now holding 39,836,018 shares worth approximately $1.51 billion. BlackRock, Inc. trimmed its stake by 2,295,589 shares to 27,310,073 shares, valued at around $1.04 billion. AQR Capital Management increased its position by 3,701,800 shares, ending with 15,154,514 shares valued at $576.02 million.

Nutanix Stock Snapshot

Shares of Nutanix (NasdaqGS: NTNX) traded near $49.31. The company has a market cap of approximately $13.33 billion and a P/E ratio of 51.9, with a forward P/E of 22.5. Nutanix's beta is 0.605, indicating lower volatility compared to the market. The stock has traded between $34.01 and $82.42 over the past 52 weeks, with a 50-day moving average of $44.63 and a 200-day moving average of $52.68.

Recent Earnings

For its recent quarter, Nutanix reported revenue of approximately $2.75 billion, reflecting a growth rate of 10%. The company achieved an EPS of $0.95, with a net margin of 10.03%. Its return on equity was notable, and the next earnings report is expected on August 26, 2026.

Insider Buying and Selling at Nutanix, Inc.

Insider activity at Nutanix included several sales and a purchase. On June 1, 2026, President and CCO Tarkan Maner sold 30,606 shares at an average price of $55.29. Earlier, on May 29, he sold 18,653 shares at $52.24. CEO Rajiv Ramaswami sold 23,428 shares at $39.29 on March 15. CFO Rukmini Sivaraman purchased 22,150 shares on the same day, though the price was not disclosed.

Analysts Set New Price Targets

On May 28, 2026, UBS maintained a buy rating on Nutanix with a price target of $62. JP Morgan maintained a hold rating with a $50 target. Piper Sandler reiterated a buy rating, setting a target of $60. RBC Capital also maintained a buy rating with a $58 target. The consensus rating from analysts is generally a buy, with a mean target price of $57.01.

About Nutanix, Inc.

Nutanix, Inc., headquartered in San Jose, California, provides enterprise cloud platform solutions globally. The company offers hyperconverged infrastructure software and services, including the Nutanix Cloud Platform, designed to build hybrid multicloud environments. Nutanix serves various industries, including financial services, healthcare, and telecommunications, and is led by CEO Dr. Rajiv Ramaswami.

Bottom Line

Fundsmith's significant reduction in its Nutanix holdings highlights the dynamic nature of institutional investment strategies. With Nutanix's shares trading near $49.31 and analysts setting varied price targets, the stock remains a subject of interest. Remember, 13F filings are historical snapshots and may not reflect current positions.