Fortis Capital Advisors LLC Takes Position in Nextpower Inc. $NXT

Fortis Capital Advisors LLC bought a new stake in shares of Nextpower Inc. (NASDAQ:NXT) during the 3rd quarter, Holdings Channel.com reports. The firm bought 11,241 shares of the company’s stock, valued at approximately $832,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Bryce Point Capital LLC acquired a new position in shares of Nextpower during the second quarter worth $998,000. Ethic Inc. increased its stake in Nextpower by 65.1% during the 2nd quarter. Ethic Inc. now owns 8,469 shares of the company’s stock worth $494,000 after buying an additional 3,339 shares during the period. Bank of New York Mellon Corp lifted its holdings in Nextpower by 3.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,138,496 shares of the company’s stock worth $61,900,000 after buying an additional 35,642 shares in the last quarter. Strs Ohio boosted its position in Nextpower by 219.8% in the 3rd quarter. Strs Ohio now owns 110,000 shares of the company’s stock valued at $8,139,000 after buying an additional 75,600 shares during the last quarter. Finally, Moody National Bank Trust Division acquired a new stake in shares of Nextpower during the third quarter valued at about $1,278,000. 67.41% of the stock is currently owned by institutional investors and hedge funds.

Nextpower Stock Down 1.3%

Shares of NASDAQ:NXT opened at $105.91 on Wednesday. The company has a market cap of $15.72 billion, a PE ratio of 27.51, a P/E/G ratio of 3.36 and a beta of 2.38. Nextpower Inc. has a fifty-two week low of $36.06 and a fifty-two week high of $112.74. The firm has a 50-day simple moving average of $91.94 and a 200 day simple moving average of $81.04.

Key Stories Impacting Nextpower

Here are the key news stories impacting Nextpower this week:

• Positive Sentiment: Q4/Q3 earnings and revenue beat expectations — Nextpower reported $1.10 EPS vs. a $0.93 consensus and revenue of $909.4M vs. ~$812M expected, with a healthy net margin (17.1%) and ROE (35%). The results and upbeat metrics are the main catalyst behind the stock’s jump after the print. View Press Release
• Positive Sentiment: Large commercial win via Nextpower Arabia JV — The Nextpower/Abunayyan JV will supply 2.25 GW of smart solar trackers to Larsen & Toubro for the ACWA Power‑led Bisha Solar project in Saudi Arabia, a material order that supports near‑term revenue visibility and international growth. Nextpower Arabia to Supply 2.25 GW…
• Neutral Sentiment: Broad media coverage and analyst notes emphasize the upside surprise and upward revisions — multiple outlets highlighted the beat and strong revenue, which can amplify short‑term trading activity but don’t guarantee sustained momentum. Nextpower (NASDAQ:NXT) Surprises With Strong Q4 CY2025, Stock Soars
• Negative Sentiment: Intraday pullback and heavy volume — despite the strong fundamentals, the stock moved lower during mid‑day trading on high volume, indicating profit‑taking or short‑term rebalancing by traders. This increases volatility risk in the near term. Market data

Wall Street Analyst Weigh In

A number of brokerages have weighed in on NXT. Jefferies Financial Group lowered Nextpower from a “strong-buy” rating to a “hold” rating in a research note on Sunday, December 14th. JPMorgan Chase & Co. upped their price target on shares of Nextpower from $92.00 to $110.00 and gave the company an “overweight” rating in a report on Friday, October 24th. Weiss Ratings reissued a “buy (b-)” rating on shares of Nextpower in a report on Monday, December 29th. The Goldman Sachs Group upped their target price on shares of Nextpower from $89.00 to $125.00 and gave the company a “buy” rating in a research note on Monday, October 27th. Finally, Bank of America increased their price target on shares of Nextpower from $102.00 to $108.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, Nextpower has an average rating of “Moderate Buy” and a consensus price target of $99.10.

Insider Activity

In related news, CEO Daniel S. Shugar sold 47,743 shares of the company’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $91.28, for a total transaction of $4,357,981.04. Following the completion of the transaction, the chief executive officer directly owned 624,882 shares in the company, valued at $57,039,228.96. This represents a 7.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director William D. Watkins sold 10,000 shares of the firm’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $91.85, for a total value of $918,500.00. Following the completion of the sale, the director owned 16,777 shares in the company, valued at $1,540,967.45. The trade was a 37.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 91,468 shares of company stock valued at $8,246,979. 0.56% of the stock is currently owned by insiders.

Nextpower Company Profile

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.