<div id="readability-page-1"><p>Reynders McVeigh Capital Management LLC raised its stake in shares of  Nextpower Inc. (NASDAQ:NXT - Free Report) by 18.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 110,736 shares of the company's stock after acquiring an additional 17,403 shares during the quarter. Reynders McVeigh Capital Management LLC owned approximately 0.07% of Nextpower worth $6,021,000 as of its most recent filing with the SEC.</p><ul><li>3 Stocks Quietly Powering the AI and Tech Revolution</li></ul><p>Other hedge funds have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its position in  Nextpower by 703.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 659 shares of the company's stock valued at $28,000 after buying an additional 577 shares in the last quarter.  Cullen Frost Bankers Inc. grew its holdings in shares of  Nextpower by 122.3% during the second quarter. Cullen Frost Bankers Inc. now owns 589 shares of the company's stock worth $32,000 after purchasing an additional 324 shares during the last quarter.  Summit Securities Group LLC grew its holdings in  Nextpower by 796.0% during the 1st quarter. Summit Securities Group LLC now owns 905 shares of the company's stock worth $38,000 after acquiring an additional 804 shares during the last quarter.  Caitong International Asset Management Co. Ltd acquired a new position in shares of  Nextpower during the first quarter worth approximately $40,000.  Finally, Hantz Financial Services Inc. lifted its position in shares of  Nextpower by 1,737.8% during the second quarter. Hantz Financial Services Inc. now owns 827 shares of the company's stock worth $45,000 after purchasing an additional 782 shares in the last quarter. Institutional investors and hedge funds own  67.41% of the company's stock. </p><h2>Insider Activity</h2><p>In other Nextpower news, President Howard Wenger sold 5,217 shares of Nextpower stock in a transaction on Monday, September 29th. The shares were sold at an average price of $75.00, for a total value of $391,275.00. Following the sale, the president directly owned 409,039 shares in the company, valued at approximately $30,677,925. The trade was a 1.26% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director William D. Watkins sold 10,000 shares of the business's stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $91.85, for a total value of $918,500.00. Following 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 position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 96,685 shares of company stock valued at $8,638,254. 0.56% of the stock is currently owned by insiders. </p><h2>Wall Street Analysts Forecast Growth</h2><ul><li>Nextracker Stock Rockets as AI and Solar Tailwinds Align</li></ul><p>Several equities analysts recently weighed in on the stock. Cowen  restated a &#34;hold&#34; rating on shares of Nextpower in a report on Friday, October 24th. JPMorgan Chase &amp; Co. lifted their price objective on shares of Nextpower from $92.00 to $110.00 and gave the stock an &#34;overweight&#34; rating in a research note on Friday, October 24th. UBS Group upped their target price on Nextpower to $125.00 and gave the company a &#34;buy&#34; rating in a research report on Wednesday, October 29th. Wells Fargo &amp; Company boosted their price objective on Nextpower from $72.00 to $109.00 and gave the stock an &#34;overweight&#34; rating in a research report on Tuesday, October 28th. Finally, The Goldman Sachs Group lifted their price target on shares of Nextpower from $89.00 to $125.00 and gave the stock a &#34;buy&#34; rating in a report on Monday, October 27th. One equities research analyst  has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and nine have issued  a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of &#34;Moderate Buy&#34; and an average target price of $95.76.</p><p><b>View Our Latest Research Report on NXT</b></p><h2>Nextpower Price Performance</h2><ul><li>Navigating Solar Headwinds: 3 Stocks Built to Last</li></ul><p>NASDAQ:NXT opened at $86.75 on Monday. Nextpower Inc. has a one year low of $33.29 and a one year high of $112.74. The firm has a 50-day moving average of $91.89 and a 200-day moving average of $73.38. The company has a market cap of $12.87 billion, a PE ratio of 22.53, a PEG ratio of 3.01 and a beta of 2.35. </p><p>Nextpower (NASDAQ:NXT - Get Free Report) last released its quarterly earnings results on Thursday, October 23rd. The company reported $1.19 EPS for the quarter, beating analysts' consensus estimates of $0.98 by $0.21. The business had revenue of $905.27 million during the quarter, compared to analyst estimates of $839.53 million. Nextpower had a return on equity of 35.05% and a net margin of 17.08%.Nextpower has set its FY 2026 guidance at 4.040-4.250 EPS.  On average, equities research analysts expect that  Nextpower Inc. will post 3.29 earnings per share for the current fiscal year. </p><h2>About Nextpower</h2> (Free Report)<p>Nextpower, formerly known as Nextracker, an energy solutions company, provides solar trackers and software solutions for utility-scale and distributed generation solar projects in the United States and internationally. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; and NX Horizon-XTR, a terrain-following tracker designed to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Nextpower</li><li>What is MarketRank™? 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Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Nextpower Right Now?</h2><p>Before you consider Nextpower, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nextpower wasn't on the list.</p><p>While Nextpower currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Reynders McVeigh Capital Management LLC increased its stake in Nextpower Inc. by 18.6% in Q2, acquiring an additional 17,403 shares, now holding 110,736 shares worth $6,021,000. Other hedge funds also adjusted their positions. Insiders sold 96,685 shares valued at $8,638,254 in the last three months. Analysts have given the stock a 'Moderate Buy' rating with an average target price of $95.76. Nextpower's stock opened at $86.75 on Monday, with a market cap of $12.87 billion.</p>

Reynders McVeigh Capital Management LLC Acquires 17,403 Shares of Nextpower Inc. $NXT