Hussman Strategic Advisors Inc. Purchases New Position in Nextpower Inc. $NXT

Hussman Strategic Advisors Inc. purchased a new stake in shares of Nextpower Inc. (NASDAQ:NXT) in the third quarter, Holdings Channel.com reports. The firm purchased 21,000 shares of the company’s stock, valued at approximately $1,554,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Natural Investments LLC lifted its holdings in shares of Nextpower by 0.9% in the third quarter. Natural Investments LLC now owns 16,750 shares of the company’s stock valued at $1,239,000 after purchasing an additional 155 shares in the last quarter. Farther Finance Advisors LLC raised its position in Nextpower by 8.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,585 shares of the company’s stock valued at $191,000 after buying an additional 198 shares during the last quarter. State of Michigan Retirement System lifted its stake in Nextpower by 0.6% during the 2nd quarter. State of Michigan Retirement System now owns 34,600 shares of the company’s stock valued at $1,881,000 after acquiring an additional 200 shares in the last quarter. Redwood Investment Management LLC boosted its holdings in Nextpower by 4.1% during the 2nd quarter. Redwood Investment Management LLC now owns 5,177 shares of the company’s stock worth $281,000 after acquiring an additional 204 shares during the last quarter. Finally, Securian Asset Management Inc. boosted its holdings in Nextpower by 2.1% during the 3rd quarter. Securian Asset Management Inc. now owns 11,081 shares of the company’s stock worth $820,000 after acquiring an additional 223 shares during the last quarter. 67.41% of the stock is owned by hedge funds and other institutional investors.

Key Nextpower News

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

Wall Street Analyst Weigh In

Several analysts have recently commented on NXT shares. TD Cowen increased their target price on shares of Nextpower from $88.00 to $105.00 and gave the company a “hold” rating in a report on Wednesday. Wall Street Zen lowered shares of Nextpower from a “strong-buy” rating to a “buy” rating in a research note on Sunday. Jefferies Financial Group reissued a “buy” rating on shares of Nextpower in a research report on Wednesday. Wells Fargo & Company upped their target price on Nextpower from $109.00 to $127.00 and gave the company an “overweight” rating in a report on Wednesday. Finally, Guggenheim set a $74.00 price target on Nextpower in a research report on Wednesday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, Nextpower has an average rating of “Moderate Buy” and a consensus target price of $105.45.

Insider Activity

In other news, CEO Daniel S. Shugar sold 47,743 shares of the 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 owned 624,882 shares in the company, valued at approximately $57,039,228.96. This represents a 7.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO David P. Bennett sold 33,725 shares of Nextpower stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $88.08, for a total value of $2,970,498.00. Following the completion of the sale, the chief accounting officer directly owned 130,967 shares of the company’s stock, valued at approximately $11,535,573.36. This trade represents a 20.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 91,468 shares of company stock valued at $8,246,979 in the last 90 days. Insiders own 0.56% of the company’s stock.

Nextpower Stock Up 13.3%

Shares of NXT stock opened at $119.97 on Thursday. The firm has a market cap of $17.80 billion, a P/E ratio of 31.16, a PEG ratio of 3.32 and a beta of 2.38. The company has a 50 day moving average of $92.54 and a 200-day moving average of $81.32. Nextpower Inc. has a 12-month low of $36.06 and a 12-month high of $131.59.

Nextpower (NASDAQ:NXT) last posted its quarterly earnings data 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 business had revenue of $909.35 million for the quarter, compared to the consensus estimate of $812.43 million. As a group, equities analysts expect that Nextpower Inc. will post 3.29 EPS for the current year.

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.