<div id="readability-page-1"><p>Blue Door Asset Management LLC lessened its stake in shares of  Nextpower Inc. (NASDAQ:NXT - Free Report) by 25.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 308,457 shares of the company's stock after selling 108,009 shares during the quarter. Nextpower comprises about  8.7% of Blue Door Asset Management LLC's holdings, making the stock its 4th biggest holding. Blue Door Asset Management LLC owned 0.21% of Nextpower worth $16,771,000 as of its most recent filing with the Securities and Exchange Commission.</p><ul><li>3 Stocks Quietly Powering the AI and Tech Revolution</li></ul><p>Other large investors have also modified their holdings of the company. Primecap Management Co. CA raised its stake in  Nextpower by 1.1% during the 2nd quarter. Primecap Management Co. CA now owns 7,675,821 shares of the company's stock worth $417,334,000 after acquiring an additional 83,227 shares in the last quarter.  Wellington Management Group LLP grew its holdings in shares of  Nextpower by 56.5% during the first quarter. Wellington Management Group LLP now owns 5,237,833 shares of the company's stock worth $220,722,000 after purchasing an additional 1,890,445 shares during the last quarter.  Encompass Capital Advisors LLC grew its holdings in shares of  Nextpower by 72.5% during the first quarter. Encompass Capital Advisors LLC now owns 2,630,114 shares of the company's stock worth $110,833,000 after purchasing an additional 1,105,617 shares during the last quarter.  Norges Bank acquired a new stake in shares of  Nextpower during the second quarter worth about $140,772,000.  Finally, Handelsbanken Fonder AB lifted its holdings in shares of  Nextpower by 8.3% in the 2nd quarter. Handelsbanken Fonder AB now owns 2,303,206 shares of the company's stock valued at $125,225,000 after purchasing an additional 176,530 shares during the last quarter. Institutional investors and hedge funds own  67.41% of the company's stock. </p><h2>Insider Activity at Nextpower</h2><p>In other news, CFO Charles D. Boynton sold 4,500 shares of the stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $67.21, for a total value of $302,445.00. Following the completion of the transaction, the chief financial officer owned 295,059 shares in the company, valued at $19,830,915.39. This trade represents a 1.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 transaction of $918,500.00. Following the sale, the director directly owned 16,777 shares in the company, valued at approximately $1,540,967.45. This represents a 37.35% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 67,460 shares of company stock valued at $5,970,201. Company insiders own  0.56% of the company's stock. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>Nextracker Stock Rockets as AI and Solar Tailwinds Align</li></ul><p>A number of research analysts recently issued reports on the company. Robert W. Baird  set a $100.00 price target on Nextpower in a research note on Friday, October 31st. Susquehanna raised their target price on shares of Nextpower from $76.00 to $100.00 and gave the stock a &#34;positive&#34; rating in a research report on Monday, October 13th. TD Cowen lifted their target price on shares of Nextpower from $65.00 to $88.00 and gave the company a &#34;hold&#34; rating in a report on Friday, October 24th. Weiss Ratings  reiterated a &#34;buy (b-)&#34; rating on shares of Nextpower in a research note on Monday. Finally, Jefferies Financial Group raised their price objective on shares of Nextpower from $84.00 to $104.00 and gave the stock a &#34;buy&#34; rating in a research report on Friday, October 24th. One equities research analyst  has rated the stock with a Strong Buy rating, seventeen have assigned  a Buy rating and nine have issued  a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $95.76.</p><p><b>Check Out Our Latest Analysis on NXT</b></p><h2>Nextpower Trading Up 0.9%</h2><ul><li>Navigating Solar Headwinds: 3 Stocks Built to Last</li></ul><p>Shares of NXT stock opened at $89.39 on Thursday. The stock has a 50 day simple moving average of $91.42 and a 200-day simple moving average of $72.78. The company has a market cap of $13.26 billion, a price-to-earnings ratio of 23.22, a price-to-earnings-growth ratio of 3.07 and a beta of 2.35. Nextpower Inc. has a 12-month low of $33.29 and a 12-month high of $112.74. </p><p>Nextpower (NASDAQ:NXT - Get Free Report) last posted its quarterly earnings results on Thursday, October 23rd. The company reported $1.19 earnings per share for the quarter, beating analysts' consensus estimates of $0.98 by $0.21. The firm had revenue of $905.27 million for the quarter, compared to the consensus estimate 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 analysts forecast that  Nextpower Inc. will post 3.29 earnings per share for the current fiscal year. </p><h2>Nextpower Company Profile</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>Featured Stories</h2><ul><li>Five stocks we like better than Nextpower</li><li>What is Insider Trading? What You Can Learn from Insider Trading</li><li>Market Momentum: 3 Stocks Poised for Major Breakouts</li><li>Overbought Stocks Explained: Should You Trade Them?</li><li>3 Reasons Casey’s General Stores Will Continue Trending Higher</li><li>Stock Splits, Do They Really Impact Investors?</li><li>Golden Cross Alert: 3 Stocks With Major Upside Potential</li></ul><p><strong>Want to see what other hedge funds are holding NXT?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nextpower Inc. (NASDAQ:NXT - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TlhU?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TlhU"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. 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>Blue Door Asset Management LLC reduced its stake in Nextpower Inc. by 25.9% in Q2. Other investors adjusted their holdings, with Primecap and Wellington increasing theirs. Analysts have set a consensus target price of $95.76 for Nextpower, with a moderate buy rating. The stock opened at $89.39, with a market cap of $13.26 billion.</p>

Nextpower Inc. $NXT Stock Holdings Reduced by Blue Door Asset Management LLC