Groupe la Francaise Lowers Stock Position in Nextpower Inc. $NXT

Groupe la Francaise cut its stake in shares of Nextpower Inc. (NASDAQ:NXT) by 51.3% in the 1st quarter, HoldingsChannel reports. The firm owned 28,519 shares of the company’s stock after selling 30,085 shares during the period. Groupe la Francaise’s holdings in Nextpower were worth $3,432,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. FinArc Investments Inc. purchased a new stake in shares of Nextpower during the 1st quarter valued at $1,933,000. Bank of America Corp DE grew its position in Nextpower by 34.6% in the first quarter. Bank of America Corp DE now owns 1,568,235 shares of the company’s stock worth $189,051,000 after acquiring an additional 402,770 shares in the last quarter. Janus Henderson Group PLC increased its stake in Nextpower by 134.3% in the first quarter. Janus Henderson Group PLC now owns 1,362,466 shares of the company’s stock valued at $164,488,000 after acquiring an additional 780,958 shares during the last quarter. Strategic Investment Advisors MI purchased a new stake in Nextpower during the first quarter valued at about $1,465,000. Finally, Altshuler Shaham Ltd raised its position in Nextpower by 47.8% during the first quarter. Altshuler Shaham Ltd now owns 19,836 shares of the company’s stock valued at $2,391,000 after purchasing an additional 6,412 shares in the last quarter. Institutional investors own 67.41% of the company’s stock.

Analysts Set New Price Targets

NXT has been the subject of a number of research reports. Barclays upped their price objective on Nextpower from $142.00 to $147.00 and gave the stock an “overweight” rating in a report on Tuesday, July 7th. Susquehanna decreased their price objective on Nextpower from $168.00 to $157.00 and set a “positive” rating on the stock in a report on Friday. Robert W. Baird boosted their target price on Nextpower from $133.00 to $156.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. BNP Paribas Exane upped their target price on Nextpower from $177.00 to $182.00 and gave the stock an “outperform” rating in a research note on Friday, May 29th. Finally, Wolfe Research reiterated an “outperform” rating and set a $160.00 price target on shares of Nextpower in a research report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $148.42.

Nextpower Trading Down 7.3%

Shares of NASDAQ:NXT opened at $89.87 on Friday. The stock has a market capitalization of $13.50 billion, a P/E ratio of 23.28, a price-to-earnings-growth ratio of 1.93 and a beta of 1.86. The stock’s 50-day moving average price is $117.50 and its 200-day moving average price is $116.28. Nextpower Inc. has a 12-month low of $52.61 and a 12-month high of $163.13.

Nextpower (NASDAQ:NXT) last released its earnings results on Thursday, July 30th. The company reported $1.20 earnings per share for the quarter, beating 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 company had revenue of $935.17 million during the quarter, compared to analyst estimates of $935.39 million. As a group, research analysts predict that Nextpower Inc. will post 3.73 EPS for the current 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.

Insiders Place Their Bets

In other Nextpower news, CEO Daniel S. Shugar sold 26,077 shares of the business’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 value of $3,513,093.44. Following the completion of the sale, the chief executive officer owned 931,419 shares in the company, valued at approximately $125,480,767.68. The trade was a 2.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, 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, insider Bruce Ledesma sold 3,248 shares of the business’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 value of $437,570.56. Following the completion of the sale, the insider owned 246,130 shares of the company’s stock, valued at $33,158,633.60. The trade was a 1.30% decrease in their position. The SEC filing for this sale provides additional information. 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. Over the last ninety days, insiders sold 168,574 shares of company stock worth $22,559,770. 0.84% of the stock is currently owned by corporate insiders.

About Nextpower

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.