Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Nextracker Inc shares valued at $4,655,183 were purchased by LEDESMA BRUCE on May 29 ’25. At $55.71 per share, LEDESMA BRUCE acquired 83,561 shares.
Also, LEDESMA BRUCE purchased 67,204 shares, netting a total of over 3,720,010 in proceeds.
Before that, SHUGAR DANIEL S had added 108,792 shares to its account. In a trade valued at $6,022,072, the Officer bought Nextracker Inc shares for $55.35 each.
As published in a research note from TD Cowen on May 15, 2025, Nextracker Inc [NXT] has been retained to a Hold and the price target has been revised to $55. Analysts at Fox Advisors downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal weight”‘ outlook in a report released in mid May. As of May 14, 2025, Guggenheim has decreased its “Buy” rating to a “Neutral” for NXT. Earlier on March 17, 2025, RBC Capital Mkts initiated its rating. Their recommendation was “an Outperform” for NXT stock.
Analyzing NXT Stock Performance
During the last five days, there has been a drop of approximately -4.21%. Over the course of the year, Nextracker Inc shares have jumped approximately 51.72%. Shares of the company reached a 52-week high of $63.19 on 05/15/25 and a 52-week low of $36.06 on 04/09/25.
Support And Resistance Levels for Nextracker Inc (NXT)
According to the 24-hour chart, there is a support level at 55.01, which, if violated, would cause prices to drop to 54.59. In the upper region, resistance lies at 56.16. The next price resistance is at 56.89. RSI (Relative Strength Index) is 62.76 on the 14-day chart, showing neutral technical sentiment.
