Insider Selling: Nextdecade Corp (NEXT) Director Sells 28,750 Shares of Stock

Nextdecade Corp (NASDAQ:NEXT) Director Valinor Management, L.P. sold 28,750 shares of the business’s stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $6.75, for a total transaction of $194,062.50. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Valinor Management, L.P. also recently made the following trade(s):

  • On Wednesday, November 1st, Valinor Management, L.P. sold 22,505 shares of Nextdecade stock. The shares were sold at an average price of $9.90, for a total transaction of $222,799.50.

Nextdecade Corp (NASDAQ:NEXT) traded down $0.11 during midday trading on Tuesday, reaching $7.04. 27,066 shares of the company’s stock were exchanged, compared to its average volume of 38,408. Nextdecade Corp has a 52 week low of $5.54 and a 52 week high of $20.00. The firm has a market capitalization of $754.55 and a PE ratio of -32.00.

A number of hedge funds and other institutional investors have recently bought and sold shares of NEXT. Deprince Race & Zollo Inc. acquired a new position in Nextdecade in the third quarter valued at about $258,000. Schwab Charles Investment Management Inc. acquired a new position in Nextdecade in the third quarter valued at about $338,000. General Electric Co. acquired a new position in Nextdecade in the third quarter valued at about $32,400,000. Jane Street Group LLC acquired a new position in Nextdecade in the third quarter valued at about $426,000. Finally, Susquehanna International Group LLP acquired a new position in Nextdecade in the third quarter valued at about $116,000. 84.35% of the stock is currently owned by institutional investors.

Several research analysts have recently weighed in on NEXT shares. Cowen started coverage on shares of Nextdecade in a research report on Friday, November 17th. They set an “outperform” rating and a $12.00 price target on the stock. Stifel Nicolaus started coverage on shares of Nextdecade in a research report on Thursday, January 4th. They set a “hold” rating and a $9.00 price target on the stock.

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Nextdecade Company Profile

NextDecade Corporation, formerly Harmony Merger Corp., is a development and management company. The Company is engaged in developing of land-based Liquefied Natural Gas (LNG) projects and associated pipelines in the integrated gas industry in the State of Texas. The Company is focused on providing solutions for LNG across the full value chain.

Insider Buying and Selling by Quarter for Nextdecade (NASDAQ:NEXT)

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