Segall Bryant & Hamill LLC Cuts Position in Nextpower Inc. $NXT

Segall Bryant & Hamill LLC lessened its position in Nextpower Inc. (NASDAQ:NXT) by 4.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 112,509 shares of the company’s stock after selling 5,829 shares during the quarter. Segall Bryant & Hamill LLC owned 0.08% of Nextpower worth $13,563,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in NXT. Legal & General Group Plc boosted its stake in Nextpower by 4.6% in the fourth quarter. Legal & General Group Plc now owns 414,304 shares of the company’s stock worth $36,090,000 after buying an additional 18,380 shares in the last quarter. Assetmark Inc. lifted its holdings in shares of Nextpower by 342,159.2% in the 4th quarter. Assetmark Inc. now owns 427,824 shares of the company’s stock worth $37,268,000 after acquiring an additional 427,699 shares during the last quarter. Andrew Hill Investment Advisors Inc. boosted its stake in shares of Nextpower by 31.2% in the 4th quarter. Andrew Hill Investment Advisors Inc. now owns 70,025 shares of the company’s stock valued at $6,100,000 after purchasing an additional 16,666 shares in the last quarter. Azzad Asset Management Inc. ADV bought a new position in shares of Nextpower during the 4th quarter valued at $988,000. Finally, Gateway Investment Advisers LLC grew its holdings in shares of Nextpower by 215.1% during the 4th quarter. Gateway Investment Advisers LLC now owns 24,006 shares of the company’s stock valued at $2,091,000 after purchasing an additional 16,388 shares during the last quarter. Hedge funds and other institutional investors own 67.41% of the company’s stock.

Insider Buying and Selling

In other Nextpower news, insider Bruce Ledesma sold 3,248 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $134.72, for a total value of $437,570.56. Following the completion of the transaction, the insider owned 246,130 shares in the company, valued at approximately $33,158,633.60. This represents a 1.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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, President Howard Wenger sold 62,670 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $130.25, for a total value of $8,162,767.50. Following the transaction, the president directly owned 426,467 shares of the company’s stock, valued at $55,547,326.75. This represents a 12.81% 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 168,574 shares of company stock valued at $22,559,770 over the last 90 days. 0.84% of the stock is currently owned by company insiders.

Nextpower Price Performance

NXT stock opened at $89.87 on Friday. Nextpower Inc. has a 1 year low of $52.61 and a 1 year high of $163.13. The firm has a 50-day moving average of $117.50 and a 200 day moving average of $116.28. The company has a market cap of $13.50 billion, a P/E ratio of 23.28, a PEG ratio of 1.79 and a beta of 1.86.

Nextpower (NASDAQ:NXT) last posted its earnings results on Thursday, July 30th. The company reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.05 by $0.15. Nextpower had a return on equity of 27.50% and a net margin of 16.36%.The firm had revenue of $935.17 million for the quarter, compared to the consensus estimate of $935.39 million. On average, equities research analysts expect that Nextpower Inc. will post 3.73 earnings per share for the current fiscal year.

More Nextpower News

Here are the key news stories impacting Nextpower this week:

• Positive Sentiment: Profitability and cash flow improved. Nextpower reported Q1 FY2027 revenue of approximately $935 million, up 8.2% year over year, while gross profit increased 19.2% to $335.9 million. Operating cash flow rose 48.9% to $121.1 million, and the company ended the quarter with $1.2 billion in cash. Adjusted EPS of $1.20 exceeded the $1.05 consensus estimate, although reported GAAP diluted EPS was $1.07. Nextpower Reports Q1 Fiscal Year 2027 Financial Results
• Positive Sentiment: Outlook and strategic expansion provided support. Nextpower posted record fiscal-year revenue of $3.56 billion and raised its 2027 outlook. It also completed the acquisition of Zigor’s power-conversion assets and Apex Power, expanding its inverter and energy-storage offerings while accelerating U.S. manufacturing. Nextpower posts record FY26 revenue and raises 2027 outlook Nextpower Completes Acquisition of Power Conversion Assets
• Neutral Sentiment: Analysts remain broadly bullish, but targets were trimmed. Truist raised its target to $145, while RBC, JPMorgan and Susquehanna lowered targets to $147, $152 and $157, respectively. Each firm maintained a positive rating, leaving targets well above the current trading level but signaling somewhat reduced expectations.
• Neutral Sentiment: Options-market activity is drawing attention, but it does not establish a clear direction for NXT shares. Is the Options Market Predicting a Spike in Nextpower Stock?
• Negative Sentiment: Investors questioned the quality and durability of reported earnings. One analysis argued that more than $100 million in subsidies and over $100 million in annual stock-based compensation inflate headline profitability, while revenue growth could slow to below 5% by 2026. The company’s dependence on subsidies also limits organic expansion outside the United States. Nextpower: Correctly Estimating The Impact Of Risk
• Negative Sentiment: Recent insider-trading data showed 24 open-market sales and no purchases over six months, including sales by senior executives. That pattern may reinforce caution among investors.

Analyst Upgrades and Downgrades

NXT has been the subject of several recent research reports. TD Cowen lowered their price target on shares of Nextpower from $135.00 to $118.00 and set a “hold” rating for the company in a research note on Monday, July 20th. Barclays upped their price target on shares of Nextpower from $142.00 to $147.00 and gave the company an “overweight” rating in a research report on Tuesday, July 7th. Loop Capital set a $135.00 price objective on Nextpower in a report on Wednesday, May 13th. JPMorgan Chase & Co. decreased their price objective on Nextpower from $179.00 to $152.00 and set an “overweight” rating on the stock in a report on Friday. Finally, Weiss Ratings lowered Nextpower from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Nextpower presently has an average rating of “Moderate Buy” and an average price target of $148.42.

Nextpower 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.