Nextracker Inc’s filing revealed that its Chief Legal & Compliance Ofc LEDESMA BRUCE unloaded Company’s shares for reported $0.17 million on May 23 ’25. In the deal valued at $55.95 per share,3,017 shares were sold. As a result of this transaction, LEDESMA BRUCE now holds 110,564 shares worth roughly $6.18 million.
Then, LEDESMA BRUCE bought 3,017 shares, generating $168,801 in total proceeds.
Before that, Bennett David P bought 2,772 shares. Nextracker Inc shares valued at $147,947 were divested by the Officer at a price of $53.37 per share.
TD Cowen reiterated its Nextracker Inc [NXT] rating to a Hold in a research note published on May 15, 2025; the price target was $55. A number of analysts have revised their coverage, including Fox Advisors’s analysts, who decreased its forecast for the stock in mid May from “an Overweight” to “an Equal weight”. Guggenheim also remained covering NXT and has decreased its forecast on May 14, 2025 with a “Neutral” recommendation from previously “Buy” rating. RBC Capital Mkts started covering the stock on March 17, 2025. It rated NXT as “an Outperform”.
Price Performance Review of NXT
On Tuesday, Nextracker Inc [NASDAQ:NXT] saw its stock fall -0.30% to $55.88. Over the last five days, the stock has lost -4.22%. Nextracker Inc shares have risen nearly 52.97% since the year began. Nevertheless, the stocks have risen 4.57% over the past one year. While a 52-week high of $63.19 was reached on 05/15/25, a 52-week low of $30.93 was recorded on 04/09/25. SMA at 50 days reached $45.30, while 200 days put it at $41.00.
Levels Of Support And Resistance For NXT Stock
The 24-hour chart illustrates a support level at 54.90, which if violated will result in even more drops to 53.92. On the upside, there is a resistance level at 57.12. A further resistance level may holdings at 58.37. The Relative Strength Index (RSI) on the 14-day chart is 64.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.80, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 36.51%. Stochastics %K at 66.13% indicates the stock is a holding.
