Hussman Strategic Advisors Inc. Purchases Shares of 21,000 Nextpower Inc. $NXT

Hussman Strategic Advisors Inc. acquired a new position in Nextpower Inc. (NASDAQ:NXT) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 21,000 shares of the company’s stock, valued at approximately $1,554,000.

Several other large investors have also bought and sold shares of NXT. Primecap Management Co. CA grew its position in shares of Nextpower by 1.1% in the 2nd quarter. Primecap Management Co. CA now owns 7,675,821 shares of the company’s stock valued at $417,334,000 after buying an additional 83,227 shares during the last quarter. Encompass Capital Advisors LLC lifted its stake in shares of Nextpower by 11.0% in the second quarter. Encompass Capital Advisors LLC now owns 2,919,777 shares of the company’s stock worth $158,748,000 after acquiring an additional 289,663 shares during the period. Norges Bank bought a new stake in Nextpower in the second quarter valued at approximately $140,772,000. Handelsbanken Fonder AB boosted its holdings in Nextpower by 8.3% in the second quarter. Handelsbanken Fonder AB now owns 2,303,206 shares of the company’s stock valued at $125,225,000 after acquiring an additional 176,530 shares during the last quarter. Finally, Westfield Capital Management Co. LP increased its position in Nextpower by 6.0% during the 2nd quarter. Westfield Capital Management Co. LP now owns 1,317,564 shares of the company’s stock valued at $71,636,000 after purchasing an additional 74,413 shares during the period. 67.41% of the stock is owned by institutional investors.

Nextpower Trading Up 13.3%

Shares of NASDAQ NXT opened at $119.97 on Thursday. The firm has a market capitalization of $17.80 billion, a P/E ratio of 31.16, a P/E/G ratio of 3.32 and a beta of 2.38. The firm’s 50-day moving average price is $92.54 and its 200-day moving average price is $81.32. Nextpower Inc. has a 1-year low of $36.06 and a 1-year high of $131.59.

Nextpower (NASDAQ:NXT) last issued its earnings results on Tuesday, January 27th. The company reported $1.10 EPS for the quarter, beating the consensus estimate of $0.93 by $0.17. Nextpower had a return on equity of 33.53% and a net margin of 16.43%.The company had revenue of $909.35 million during the quarter, compared to the consensus estimate of $812.43 million. Equities research analysts forecast that Nextpower Inc. will post 3.29 EPS for the current year.

Nextpower News Summary

Here are the key news stories impacting Nextpower this week:

• Positive Sentiment: Q3 earnings beat and beat‑and‑raise reaction — Nextpower reported $1.10 EPS vs. $0.93 consensus and revenue of $909.4M vs. $812.4M expected; the beat and management commentary pushed the stock to fresh highs. Beat-and-Raise Sends Next Power Stock to Fresh Record
• Positive Sentiment: Raised FY2026 outlook and $500M buyback — Management lifted FY2026 guidance to about $3.5B revenue and $4.36 EPS and authorized a $500M repurchase program, signaling confidence in cash flow and providing direct shareholder support. Nextpower raises FY2026 outlook…
• Positive Sentiment: Large JV contract in Saudi Arabia — Nextpower Arabia (JV) will supply 2.25 GW of smart solar trackers to L&T for the ACWA Power Bisha project, a sizable utility‑scale award that supports near‑term revenue visibility and JV growth. Nextpower Arabia to Supply 2.25 GW…
• Positive Sentiment: Analyst upgrade — KeyBanc upgraded NXT to Buy with a $142 price target, highlighting fundamentals, product expansion and valuation upside which likely reinforced investor interest. Nextpower Inc.: Strong Fundamentals…
• Neutral Sentiment: Earnings call / transcript available — The full Q3 call transcript provides detail on margins, backlog and JV cadence for investors parsing durability of the beat. Q3 2026 Earnings Call Transcript
• Neutral Sentiment: Broader market coverage — Nextpower was mentioned among pre‑market movers in S&P futures coverage, which can amplify intraday flows but is not a company‑specific driver. S&P 500 Futures Climb…
• Negative Sentiment: Mixed analyst view: TD Cowen raised its price target to $105 but kept a Hold rating — that target is below current levels, implying limited near‑term upside from that shop and a potential caution for more conservative investors. Nextpower price target raised by TD Cowen

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. JPMorgan Chase & Co. boosted their price target on shares of Nextpower from $92.00 to $110.00 and gave the stock an “overweight” rating in a research report on Friday, October 24th. Guggenheim set a $74.00 target price on shares of Nextpower in a report on Wednesday, October 22nd. Needham & Company LLC initiated coverage on shares of Nextpower in a research report on Wednesday, October 22nd. They set a “buy” rating and a $102.00 price target on the stock. Roth Mkm reissued a “buy” rating and issued a $130.00 price objective on shares of Nextpower in a research report on Wednesday. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Nextpower in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Nextpower has an average rating of “Moderate Buy” and a consensus target price of $105.45.

Insider Activity

In related news, CEO Daniel S. Shugar sold 47,743 shares of Nextpower stock in a transaction on Monday, November 17th. The shares were sold at an average price of $91.28, for a total value of $4,357,981.04. Following the completion of the sale, the chief executive officer owned 624,882 shares of the company’s stock, valued at approximately $57,039,228.96. This trade represents a 7.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO David P. Bennett sold 33,725 shares of the business’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $88.08, for a total transaction of $2,970,498.00. Following the sale, the chief accounting officer owned 130,967 shares of the company’s stock, valued at $11,535,573.36. This trade represents a 20.48% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 91,468 shares of company stock worth $8,246,979 over the last quarter. 0.56% of the stock is currently owned by corporate insiders.

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.