Generation Investment Management LLP Has $743.24 Million Position in Nutanix $NTNX

Key Points

• Generation Investment Management LLP reduced its position in Nutanix by 9.3%, now holding approximately 10.6 million shares valued at $743.2 million.
• Nutanix's quarterly earnings exceeded expectations, reporting $0.37 EPS on revenue of $653.27 million, marking a 19.2% year-over-year increase.
• Institutional investors own 85.25% of Nutanix's stocks, reflecting strong market confidence and investment interest in the company.

Generation Investment Management LLP lessened its stake in Nutanix (NASDAQ:NTNX - Free Report) by 9.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,646,630 shares of the technology company's stock after selling 1,089,839 shares during the period. Nutanix comprises about 4.5% of Generation Investment Management LLP's portfolio, making the stock its 7th biggest position. Generation Investment Management LLP owned 3.99% of Nutanix worth $743,241,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Assenagon Asset Management S.A. grew its position in shares of Nutanix by 69.7% in the 1st quarter. Assenagon Asset Management S.A. now owns 39,873 shares of the technology company's stock valued at $2,784,000 after buying an additional 16,374 shares during the last quarter. Amalgamated Bank lifted its stake in shares of Nutanix by 4.9% in the 1st quarter. Amalgamated Bank now owns 14,420 shares of the technology company's stock valued at $1,007,000 after purchasing an additional 674 shares during the period. GAMMA Investing LLC lifted its stake in shares of Nutanix by 63.7% in the 1st quarter. GAMMA Investing LLC now owns 2,768 shares of the technology company's stock valued at $193,000 after purchasing an additional 1,077 shares during the period. Teacher Retirement System of Texas acquired a new position in shares of Nutanix in the 1st quarter valued at about $2,596,000. Finally, Sequoia Financial Advisors LLC acquired a new position in shares of Nutanix in the 1st quarter valued at about $256,000. Institutional investors own 85.25% of the company's stock.

Nutanix Stock Performance

Shares of Nutanix stock traded up $1.25 on Friday, hitting $69.92. The company had a trading volume of 2,854,894 shares, compared to its average volume of 3,356,407. The stock has a market capitalization of $18.74 billion, a price-to-earnings ratio of 109.25, a P/E/G ratio of 6.61 and a beta of 0.59. Nutanix has a 1 year low of $54.66 and a 1 year high of $83.36. The stock has a 50 day moving average of $72.19 and a 200-day moving average of $71.79.

Nutanix (NASDAQ:NTNX - Get Free Report) last issued its quarterly earnings data on Wednesday, August 27th. The technology company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.31 by $0.06. The firm had revenue of $653.27 million during the quarter, compared to the consensus estimate of $642.48 million. Nutanix had a negative return on equity of 27.63% and a net margin of 7.42%.The company's quarterly revenue was up 19.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.27 earnings per share. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. Equities analysts anticipate that Nutanix will post 0.31 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on NTNX. Morgan Stanley reissued an "overweight" rating and issued a $90.00 price objective (up from $75.00) on shares of Nutanix in a research note on Tuesday, May 20th. JPMorgan Chase & Co. dropped their price objective on Nutanix from $90.00 to $81.00 and set an "overweight" rating on the stock in a research note on Thursday, August 28th. Susquehanna upped their price target on Nutanix from $90.00 to $95.00 and gave the stock a "positive" rating in a research note on Thursday, May 29th. Barclays dropped their price target on Nutanix from $94.00 to $82.00 and set an "overweight" rating on the stock in a research note on Thursday, August 28th. Finally, KeyCorp began coverage on Nutanix in a research note on Thursday, June 26th. They set an "overweight" rating and a $95.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $89.07.

Insider Buying and Selling

In related news, CFO Rukmini Sivaraman sold 2,100 shares of the stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $72.73, for a total transaction of $152,733.00. Following the completion of the sale, the chief financial officer directly owned 209,070 shares of the company's stock, valued at approximately $15,205,661.10. This trade represents a 0.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Rajiv Ramaswami sold 1,925 shares of the stock in a transaction that occurred on Thursday, June 26th. The shares were sold at an average price of $75.00, for a total value of $144,375.00. Following the sale, the chief executive officer directly owned 518,561 shares of the company's stock, valued at $38,892,075. The trade was a 0.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 6.80% of the company's stock.

Nutanix Company Profile

Nutanix, Inc engages in the provision of a cloud platform leveraging web-scale engineering and consumer-grade design. It operates through the following geographic segments: United States, Europe, the Middle East, Africa, Asia Pacific, and Other Americas. The firm also provides software solutions and cloud services to customers' enterprise infrastructure.