In a filing, Nextracker Inc revealed its President Wenger Howard unloaded Company’s shares for reported $0.34 million on Jul 03 ’25. In the deal valued at $65.00 per share,5,216 shares were sold. As a result of this transaction, Wenger Howard now holds 419,959 shares worth roughly $25.42 million.
Then, Wenger Howard bought 5,216 shares, generating $339,040 in total proceeds.
Before that, Miller Nicholas Marco sold 946 shares. Nextracker Inc shares valued at $51,339 were divested by the Chief Operating Officer at a price of $54.27 per share. As a result of the transaction, Miller Nicholas Marco now holds 169,054 shares, worth roughly $10.23 million.
Mizuho downgraded its Nextracker Inc [NXT] rating to a Neutral from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in mid May has reiterated a ‘”a Hold”‘ rating for it. Fox Advisors also remained covering NXT and has decreased its forecast on May 15, 2025 with a “an Equal weight” recommendation from previously “an Overweight” rating. Guggenheim revised its rating on May 14, 2025. It rated NXT as “a Neutral” which previously was an “a Buy”.
Price Performance Review of NXT
On Friday, Nextracker Inc [NASDAQ:NXT] saw its stock jump 0.08% to $60.53. Over the last five days, the stock has lost -1.90%. Nextracker Inc shares have risen nearly 25.87% since the year began. Nevertheless, the stocks have risen 65.70% over the past one year. While a 52-week high of $67.87 was reached on 07/07/25, 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 59.81, which if violated will result in even more drops to 59.08. On the upside, there is a resistance level at 61.23. A further resistance level may holdings at 61.92.
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.
The most recent change occurred on March 17, 2025 when RBC Capital Mkts began covering the stock and recommended ‘”an Outperform”‘ rating along with a $55 price target.
