Primecap Management Co. CA Sells 152,080 Shares of Nutanix $NTNX

Primecap Management Co. CA cut its holdings in Nutanix (NASDAQ:NTNX) by 5.3% in the third quarter, Holdings Channel reports. The fund owned 2,709,533 shares of the technology company’s stock after selling 152,080 shares during the quarter. Primecap Management Co. CA’s holdings in Nutanix were worth $201,562,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in shares of Nutanix by 4.6% in the 3rd quarter. Vanguard Group Inc. now owns 26,682,475 shares of the technology company’s stock valued at $1,984,909,000 after purchasing an additional 1,167,193 shares in the last quarter. AQR Capital Management LLC raised its stake in Nutanix by 30.8% in the second quarter. AQR Capital Management LLC now owns 4,712,266 shares of the technology company’s stock worth $360,206,000 after buying an additional 1,108,261 shares in the last quarter. Geode Capital Management LLC raised its stake in Nutanix by 0.6% in the second quarter. Geode Capital Management LLC now owns 4,549,909 shares of the technology company’s stock worth $346,720,000 after buying an additional 25,918 shares in the last quarter. Federated Hermes Inc. lifted its holdings in Nutanix by 10.7% during the third quarter. Federated Hermes Inc. now owns 3,559,876 shares of the technology company’s stock worth $264,819,000 after buying an additional 344,076 shares during the period. Finally, Norges Bank bought a new stake in Nutanix during the 2nd quarter valued at $263,938,000. Hedge funds and other institutional investors own 85.25% of the company’s stock.

More Nutanix News

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: Q2 earnings beat — Nutanix reported $0.56 EPS, topping the Zacks consensus of $0.44 and showing revenue strength year-over-year, which supports the stock’s rally. Nutanix (NTNX) Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Strategic AMD investment/partnership — Nutanix agreed to sell shares to AMD (about $150M reported) and unveiled an AI infrastructure partnership, a credibility and capital boost that investors view as a meaningful catalyst. Nutanix Stock Rips Higher After $150 Million AMD Equity Investment
• Neutral Sentiment: Earnings call/transcript now available — Management commentary in the Q2 call will be key for forward visibility on customer migration progress and AI product traction; transcript available for detailed read. Nutanix, Inc. (NTNX) Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Official Q2 release and materials posted — Company filed the quarter’s GAAP results, slide deck and PR (useful for verifying guidance and metrics). Nutanix Reports Second Quarter Fiscal 2026 Financial Results
• Negative Sentiment: Q3 revenue guide below Street — Nutanix issued Q3 revenue guidance around $680–$690M versus consensus ~ $701M, which is the main near-term negative driver and explains some investor caution despite the beat. Nutanix Reports Second Quarter Fiscal 2026 Financial Results
• Negative Sentiment: Margin pressure and moderating growth noted — Analysts (and a Morgan Stanley-style note cited by media) flagged higher server costs and revenue timing as factors slowing growth, which could compress near-term margins. Nutanix’s Growth Continues to Moderate as Higher Server Costs, Revenue Timing Weigh, Morgan Stanley Says

Nutanix Stock Up 1.5%

NTNX stock opened at $38.44 on Thursday. The firm has a 50 day moving average of $45.60 and a 200 day moving average of $59.07. The stock has a market capitalization of $10.39 billion, a PE ratio of 51.25, a price-to-earnings-growth ratio of 4.12 and a beta of 0.48. Nutanix has a 52 week low of $35.39 and a 52 week high of $83.36.

Nutanix (NASDAQ:NTNX) last issued its quarterly earnings results on Tuesday, November 25th. The technology company reported $0.41 EPS for the quarter, hitting analysts’ consensus estimates of $0.41. The company had revenue of $670.58 million during the quarter, compared to analysts’ expectations of $677.23 million. Nutanix had a negative return on equity of 32.95% and a net margin of 8.43%.The firm’s revenue was up 13.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.42 EPS. On average, equities research analysts expect that Nutanix will post 0.31 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently commented on NTNX shares. Needham & Company LLC reduced their price target on Nutanix from $80.00 to $65.00 and set a “buy” rating for the company in a research report on Wednesday, November 26th. KeyCorp reduced their target price on shares of Nutanix from $95.00 to $65.00 and set an “overweight” rating for the company in a report on Wednesday, November 26th. Northland Securities decreased their price target on shares of Nutanix from $76.00 to $53.00 and set a “market perform” rating for the company in a research report on Wednesday, November 26th. Bank of America cut their price objective on shares of Nutanix from $93.00 to $75.00 and set a “buy” rating on the stock in a research report on Wednesday, November 26th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Nutanix from $78.00 to $65.00 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $66.73.

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.