Triglav Investments D.O.O. Makes New Investment in Nextpower Inc. $NXT

Posted by Geri Gentry on May 30th, 2026

Triglav Investments D.O.O. purchased a new position in shares of Nextpower Inc. (NASDAQ:NXT – Free Report) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 6,100 shares of the company’s stock, valued at approximately $531,000.

Several other hedge funds also recently modified their holdings of the company. Fideuram Asset Management Ireland dac acquired a new stake in shares of Nextpower during the 4th quarter worth about $622,000. Jupiter Asset Management Ltd. boosted its stake in shares of Nextpower by 0.3% during the 4th quarter. Jupiter Asset Management Ltd. now owns 26,706 shares of the company’s stock worth $2,326,000 after purchasing an additional 86 shares during the last quarter. Huntington National Bank lifted its holdings in shares of Nextpower by 480.3% during the 4th quarter. Huntington National Bank now owns 383 shares of the company’s stock worth $33,000 after acquiring an additional 317 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Nextpower by 6.3% during the 4th quarter. Geode Capital Management LLC now owns 4,021,741 shares of the company’s stock worth $350,385,000 after acquiring an additional 236,593 shares during the period. Finally, Williamson Legacy Group LLC purchased a new position in shares of Nextpower during the 4th quarter worth about $1,329,000. 67.41% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on NXT. JPMorgan Chase & Co. increased their price objective on shares of Nextpower from $155.00 to $174.00 and gave the stock an “overweight” rating in a report on Friday. Mizuho increased their price objective on shares of Nextpower from $112.00 to $130.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Roth Mkm reiterated a “buy” rating and set a $155.00 price objective on shares of Nextpower in a report on Wednesday, May 13th. BNP Paribas Exane increased their price objective on shares of Nextpower from $177.00 to $182.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Glj Research reiterated a “buy” rating and set a $147.33 price objective on shares of Nextpower in a report on Monday, March 16th. Twenty analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Nextpower presently has a consensus rating of “Moderate Buy” and a consensus target price of $146.39.

Read Our Latest Stock Analysis on NXT

Nextpower News Roundup

Here are the key news stories impacting Nextpower this week:

Positive Sentiment: Nextpower announced a definitive agreement to acquire Prevalon Energy, a move that opens a new battery energy storage and AI data center infrastructure growth channel and could broaden its total addressable market. Article: Nextpower Announces Entry into Battery Energy Storage (BESS) and AI Data Center Markets…
Positive Sentiment: The company also raised its fiscal 2027 outlook, reinforcing confidence that the acquisition and related market expansion could accelerate future revenue and EBITDA growth. Article: A Green Energy Revival Is Under Way. Nextpower Is Leading the Charge.
Positive Sentiment: Several analysts turned more constructive, with multiple firms raising price targets and reiterating overweight/buy ratings, including JPMorgan, KeyCorp, BNP Paribas Exane, and Wells Fargo. Article: Analyst price target updates on Nextpower
Neutral Sentiment: Insider sales by executives were disclosed, but they were described as pre-arranged 10b5-1 transactions and tax-withholding sales tied to equity vesting, which makes them less likely to be read as a negative operating signal. Article: Daniel Shugar Sells 26,077 Shares of Nextpower (NASDAQ:NXT) Stock

Nextpower Stock Up 14.0%

NXT opened at $156.40 on Friday. The firm has a market capitalization of $23.22 billion, a P/E ratio of 40.84, a P/E/G ratio of 3.42 and a beta of 1.60. The firm’s 50 day moving average is $121.89 and its 200-day moving average is $108.44. Nextpower Inc. has a 52-week low of $51.69 and a 52-week high of $163.13.

Nextpower (NASDAQ:NXT – Get Free Report) last posted its quarterly earnings data on Tuesday, May 12th. The company reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.16. The company had revenue of $880.52 million for the quarter, compared to analyst estimates of $826.26 million. Nextpower had a net margin of 16.46% and a return on equity of 28.18%. Nextpower has set its FY 2027 guidance at 4.210-4.590 EPS. Equities analysts expect that Nextpower Inc. will post 3.71 earnings per share for the current fiscal year.

Insider Activity at Nextpower

In other news, insider Bruce Ledesma sold 3,248 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $134.72, for a total transaction of $437,570.56. Following the completion of the sale, the insider owned 246,130 shares of the company’s stock, valued at approximately $33,158,633.60. This trade represents a 1.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Daniel S. Shugar sold 26,077 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $134.72, for a total transaction of $3,513,093.44. Following the sale, the chief executive officer directly owned 931,419 shares of the company’s stock, valued at $125,480,767.68. The trade was a 2.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 240,995 shares of company stock worth $28,661,778 over the last three months. 0.56% of the stock is owned by corporate insiders.

Nextpower Profile

(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.