Nextracker Inc’s filing revealed that its Chief Operating Officer Miller Nicholas Marco unloaded Company’s shares for reported $0.32 million on Jun 25 ’25. In the deal valued at $57.32 per share,5,588 shares were sold. As a result of this transaction, Miller Nicholas Marco now holds 170,000 shares worth roughly $9.24 million.
Then, Miller Nicholas Marco bought 5,588 shares, generating $320,304 in total proceeds.
Before that, LEDESMA BRUCE bought 8,264 shares. Nextracker Inc shares valued at $473,032 were divested by the Officer at a price of $57.24 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 Monday, Nextracker Inc [NASDAQ:NXT] saw its stock fall -6.77% to $54.37. Over the last five days, the stock has lost -3.26%. Nextracker Inc shares have risen nearly 16.70% since the year began. Nevertheless, the stocks have risen 48.84% 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.
Levels Of Support And Resistance For NXT Stock
The 24-hour chart illustrates a support level at 52.14, which if violated will result in even more drops to 49.91. On the upside, there is a resistance level at 56.15. A further resistance level may holdings at 57.93.
How much short interest is there in Nextracker Inc?
A steep rise in short interest was recorded in Nextracker Inc stocks on 2025-06-13, dropping by -2.12 million shares to a total of 8.39 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 10.5 million shares. There was a decline of -25.22%, which implies that there is a negative sentiment for the stock.
