Short interest on NXT sees a significant decrease on 2025-05-30

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Nextracker Inc shares valued at $320,304 were purchased by Miller Nicholas Marco on Jun 25 ’25. At $57.32 per share, Miller Nicholas Marco acquired 5,588 shares.

Also, LEDESMA BRUCE purchased 8,264 shares, netting a total of over 473,032 in proceeds.

Before that, Miller Nicholas Marco had added 5,845 shares to its account. In a trade valued at $334,568, the Officer bought Nextracker Inc shares for $57.24 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

On last trading session,, Nextracker Inc [NASDAQ: NXT] rose 0.52% to $57.56. The stock’s lowest price that day was $56.41, but it reached a high of $57.99 in the same session. During the last five days, there has been a drop of approximately -3.71%. Over the course of the year, Nextracker Inc shares have jumped approximately 5.06%. 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 56.65, which, if violated, would cause prices to drop to 55.74. In the upper region, resistance lies at 58.23. The next price resistance is at 58.90. RSI (Relative Strength Index) is 54.13 on the 14-day chart, showing neutral technical sentiment.

Is Nextracker Inc subject to short interest?

Stocks of Nextracker Inc saw a sharp steep in short interest on 2025-05-30 dropping by -0.22 million shares to 8.55 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 8.77 million shares. A decline of -2.59% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.64 of the overall float, the days-to-cover ratio (short ratio) decline to 2.64.

Which companies own the most shares of Nextracker Inc (NXT)?

In terms of Nextracker Inc share price expectations, FactSet research, analysts set an average price target of 59 in the next 12 months, up nearly 3.04% from the previous closing price of $57.26. Analysts anticipate Nextracker Inc stock to reach 60 by 2025, with the lowest price target being 49. In spite of this, 17 analysts ranked Nextracker Inc stock as Buy at the end of 2025. On January 29, 2025, Jefferies assigned a price target of “a Buy” to the stock and upgraded coverage with a $56.

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