Insider Selling: Nextpower (NASDAQ:NXT) Director Sells $327,921.84 in Stock

Posted by Geri Gentry on Aug 24th, 2026

Nextpower Inc. (NASDAQ:NXT – Get Free Report) Director Julia Blunden sold 3,723 shares of the business’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $88.08, for a total value of $327,921.84. Following the completion of the transaction, the director owned 6,434 shares in the company, valued at $566,706.72. This trade represents a 36.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Julia Blunden also recently made the following trade(s):

On Monday, August 24th, Julia Blunden sold 3,692 shares of Nextpower stock. The stock was sold at an average price of $84.10, for a total value of $310,497.20.
On Wednesday, August 5th, Julia Blunden sold 2,289 shares of Nextpower stock. The shares were sold at an average price of $97.22, for a total value of $222,536.58.

Nextpower Price Performance

Shares of NASDAQ:NXT traded down $1.46 during trading on Monday, reaching $84.72. The company had a trading volume of 1,940,050 shares, compared to its average volume of 2,459,307. The firm has a market capitalization of $12.85 billion, a price-to-earnings ratio of 21.95, a price-to-earnings-growth ratio of 1.73 and a beta of 1.95. The stock’s fifty day moving average price is $106.49 and its 200 day moving average price is $115.59. Nextpower Inc. has a fifty-two week low of $64.30 and a fifty-two week high of $163.13.

Nextpower (NASDAQ:NXT – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.15. Nextpower had a return on equity of 26.29% and a net margin of 16.36%.The firm had revenue of $935.17 million during the quarter, compared to the consensus estimate of $935.39 million. On average, equities analysts anticipate that Nextpower Inc. will post 3.73 EPS for the current fiscal year.

Institutional Trading of Nextpower

A number of institutional investors have recently added to or reduced their stakes in NXT. Legal & General Group Plc grew its position in Nextpower by 4.6% during the fourth quarter. Legal & General Group Plc now owns 414,304 shares of the company’s stock valued at $36,090,000 after acquiring an additional 18,380 shares during the period. Gateway Investment Advisers LLC raised its holdings in shares of Nextpower by 215.1% in the 4th quarter. Gateway Investment Advisers LLC now owns 24,006 shares of the company’s stock worth $2,091,000 after purchasing an additional 16,388 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd purchased a new position in shares of Nextpower in the 4th quarter worth about $5,081,000. Flputnam Investment Management Co. acquired a new position in shares of Nextpower in the 4th quarter valued at about $615,000. Finally, Vestcor Inc lifted its stake in shares of Nextpower by 480.8% in the 4th quarter. Vestcor Inc now owns 21,947 shares of the company’s stock valued at $1,912,000 after purchasing an additional 18,168 shares in the last quarter. Hedge funds and other institutional investors own 67.41% of the company’s stock.

Wall Street Analysts Forecast Growth

NXT has been the topic of several analyst reports. Glj Research reaffirmed a “buy” rating and issued a $149.00 target price on shares of Nextpower in a report on Wednesday, August 5th. Needham & Company LLC restated a “buy” rating and issued a $149.00 price objective on shares of Nextpower in a research report on Friday, May 29th. KeyCorp lifted their price objective on Nextpower from $152.00 to $164.00 and gave the company an “overweight” rating in a report on Friday, May 29th. Deutsche Bank Aktiengesellschaft set a $137.00 target price on Nextpower in a research report on Monday, August 3rd. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $131.00 price target on shares of Nextpower in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $146.12.

Read Our Latest Research Report on NXT

About Nextpower

(Get Free Report)

Nextpower, formerly known as Nextracker, is traded on NASDAQ under the symbol NXT and is a leading provider of advanced solar tracking solutions for utility-scale and distributed energy projects. The company specializes in the design, engineering and manufacturing of single-axis tracker systems that optimize the capture of solar energy by following the sun’s trajectory throughout the day. Nextpower’s core hardware offerings aim to enhance energy yield, reduce balance-of-system costs and simplify installation and maintenance for downstream solar developers and operators.

In addition to its tracker hardware, Nextpower provides a suite of digital software and analytics tools to maximize asset performance.