Site icon VMVirtualMachine.com

Rheos Capital Works Inc. cuts stake in Nutanix – San Jose Today

Rheos Capital Works Inc. cuts stake in Nutanix – San Jose Today

By @natltoday
Publication Date: 2026-04-07 16:21:00

Rheos Capital Works’ reduced stake in Nutanix reflects broader volatility in the technology sector.Saint Joseph Today

Rheos Capital Works Inc. has reduced its position in Nutanix (NASDAQ:NTNX) by 13% in the fourth quarter, according to a recent SEC filing. The investment firm now owns 470,000 shares of the technology company, valued at approximately $24.29 million.

Why is it important

Nutanix is ​​a leading provider of hyperconverged infrastructure software, integrating compute, storage and virtualization into a single platform. The company has seen its stock price fluctuate in recent quarters as it moves toward a subscription-based business model.

The details

Rheos Capital Works Inc. sold 70,000 shares of Nutanix during the fourth quarter, reducing its total holding to 470,000 shares. The investment firm’s stake in Nutanix now represents approximately 1.6% of its total investment…

Exit mobile version