Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Nextracker Inc shares valued at $539,055 were purchased by Bennett David P on May 13 ’25. At $55.00 per share, Bennett David P acquired 9,801 shares.
Also, Wenger Howard purchased 6,066 shares, netting a total of over 333,630 in proceeds.
Before that, Bennett David P had added 5,637 shares to its account. In a trade valued at $242,867, the Officer bought Nextracker Inc shares for $43.08 each.
As published in a research note from Guggenheim on May 14, 2025, Nextracker Inc [NXT] has been rated down from a Buy to a Neutral. Analysts at RBC Capital Mkts started covering the stock with ‘”an Outperform”‘ outlook in a report released in mid March. As of January 29, 2025, Jefferies has increased its “Hold” rating to a “Buy” for NXT. Earlier on January 29, 2025, Barclays upgraded its rating. Their new recommendation was “an Overweight” for NXT stock which previously was a “an Equal weight”.
Analyzing NXT Stock Performance
During the last five days, there has been a surge of approximately 25.75%. Over the course of the year, Nextracker Inc shares have jumped approximately 50.67%. Shares of the company reached a 52-week high of $57.97 on 05/13/25 and a 52-week low of $36.06 on 04/09/25. A 50-day SMA is recorded $42.95, while a 200-day SMA reached $40.44.
Support And Resistance Levels for Nextracker Inc (NXT)
According to the 24-hour chart, there is a support level at 52.99, which, if violated, would cause prices to drop to 50.94. In the upper region, resistance lies at 56.43. The next price resistance is at 57.81. RSI (Relative Strength Index) is 77.58 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 8.02, which suggests the price will increase in the coming days. Percent R is at 14.06%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
