Primecap Management Reduces $23M in Nextpower Inc. ($NXT)
Key Points
- Primecap Management changed its Nextpower Inc. ($NXT) stake by 2.7% last quarter, cutting to 6,760,847 shares worth $809.14 million.
- Wall Street's consensus rating on $NXT is Buy and an average price target of $150.19.
- $NXT last traded around $119.68.
Primecap Management trimmed its position in Nextpower Inc. ($NXT) by 2.7% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,760,847 shares of Nextpower Inc. after selling 190,750 shares during the quarter. Primecap Management's holdings in Nextpower Inc. were worth $809.14 million as of its most recent filing.
Nextpower Inc. ($NXT) Stock
Nextpower Inc. Earnings
Analysts Set New Price Targets
About Nextpower Inc.
Nextpower Inc. provides solar and energy technology solutions for utility-scale power plants in the United States and internationally. It offers tracking solutions, including NX Horizon, a solar tracking solution; NX Horizon-XTR, a terrain-following tracker to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain; NX Horizon Hail Pro adds automatic stowing using weather service information; and NX Horizon Low Carbon, a solar tracker solution with a reduced carbon footprint. The company also provides TrueCapture, an energy yield management system that addresses power production shortfalls; NX Anchor and NX Earth Truss, a solar foundation technology to facilitate solar project development in challenging soil conditions; Truss Driver, an advanced installation equipment; and NX Navigator, which assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects. It serves engineering, procurement, and construction firms, as well as solar project developers and owners. The company was formerly known as Nextracker Inc. and changed its name to Nextpower Inc. in November 2025. The company was founded in 2013 and is headquartered in Fremont, California.
See Also
This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.