Key Points
- Daniel Ronald Arbour sold 6,751 shares on Dec. 30 at $1.53 (≈$10,329) and disposed of 132,056 shares in December in total, leaving him with 79,762 shares after the Dec. 30 sale (a reported 7.8% reduction) and generating roughly $178K in proceeds.
- NextNRG opened at $1.42 (50-day/200-day averages $1.56/$1.83) and reported an EPS miss of ($0.12) vs. ($0.05) consensus while beating revenue estimates; analyst coverage is mixed but the average rating is "Moderate Buy" with a $5.50 price target.
NextNRG Inc. (NASDAQ:NXXT - Get Free Report) Director Daniel Ronald Arbour sold 6,751 shares of the company's stock in a transaction on Tuesday, December 30th. The stock was sold at an average price of $1.53, for a total value of $10,329.03. Following the completion of the sale, the director owned 79,762 shares of the company's stock, valued at $122,035.86. This trade represents a 7.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Daniel Ronald Arbour also recently made the following trade(s):
- On Monday, December 29th, Daniel Ronald Arbour sold 31,446 shares of NextNRG stock. The shares were sold at an average price of $1.46, for a total value of $45,911.16.
- On Tuesday, December 9th, Daniel Ronald Arbour sold 27,891 shares of NextNRG stock. The shares were sold at an average price of $1.31, for a total value of $36,537.21.
- On Friday, December 5th, Daniel Ronald Arbour sold 23,859 shares of NextNRG stock. The stock was sold at an average price of $1.25, for a total value of $29,823.75.
- On Monday, December 1st, Daniel Ronald Arbour sold 42,109 shares of NextNRG stock. The stock was sold at an average price of $1.31, for a total value of $55,162.79.
NextNRG Stock Down 1.4%
NXXT stock opened at $1.42 on Wednesday. The business's 50-day moving average price is $1.56 and its 200-day moving average price is $1.83. The stock has a market cap of $190.86 million, a P/E ratio of -0.70 and a beta of -0.53. NextNRG Inc. has a twelve month low of $0.93 and a twelve month high of $4.34.
NextNRG (NASDAQ:NXXT - Get Free Report) last released its earnings results on Friday, November 14th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.07). The company had revenue of $22.86 million for the quarter, compared to the consensus estimate of $20.93 million.
Institutional Trading of NextNRG
Hedge funds have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of NextNRG during the 2nd quarter valued at about $26,000. Intech Investment Management LLC purchased a new stake in shares of NextNRG in the second quarter worth about $29,000. JPMorgan Chase & Co. bought a new position in NextNRG during the second quarter valued at approximately $33,000. Veracity Capital LLC purchased a new position in NextNRG during the 2nd quarter valued at approximately $34,000. Finally, Millennium Management LLC bought a new stake in NextNRG in the 3rd quarter worth approximately $66,000. Hedge funds and other institutional investors own 10.56% of the company's stock.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on NXXT. Weiss Ratings restated a "sell (e+)" rating on shares of NextNRG in a research note on Wednesday, October 8th. HC Wainwright assumed coverage on NextNRG in a report on Tuesday, September 2nd. They set a "buy" rating and a $5.00 price target on the stock. Wall Street Zen upgraded NextNRG from a "sell" rating to a "hold" rating in a research report on Saturday, December 13th. Finally, Zacks Research upgraded NextNRG to a "hold" rating in a research report on Wednesday, September 3rd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $5.50.
Read Our Latest Report on NextNRG
NextNRG Company Profile
(
Get Free Report)
NextNRG Corp (NASDAQ: NXXT) is a technology-driven energy company specializing in the design, development and deployment of turnkey microgrid solutions and distributed energy systems. The company's offerings include advanced energy storage systems, solar generation integration, and digital control platforms that allow commercial, industrial and utility customers to optimize energy reliability and reduce dependence on traditional grid infrastructure.
NextNRG's services span the full project lifecycle, encompassing initial feasibility studies, engineering and procurement, construction management, and ongoing operations and maintenance.
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