Director William D. Watkins of Nextpower Inc (NASDAQ: NXT) executed a sale of 5,000 common shares on January 30, 2026, at $118.57 per share, resulting in a total transaction value of $592,850. The disposition was disclosed in a Form 4 filing with the Securities and Exchange Commission.
Following the sale, Watkins is recorded as directly owning 11,777 shares of Nextpower. The share price at the time of the transaction was close to the company’s 52-week high of $131.59. Over the past year, NXT has advanced 137.9%, and it has risen 104.4% in the last six months.
Market data reported alongside the filing indicates that NXT is trading above its Fair Value according to InvestingPro, with a relative strength index showing the stock in overbought territory. The company trades at a price-to-earnings ratio of 28.9, a level described as high relative to near-term earnings growth in the InvestingPro analysis. Investors who want additional background can reference NXT’s Pro Research Report available on InvestingPro.
Nextpower’s recent operating results contributed to the stock’s strength. In the fiscal third quarter, the company reported revenue of $909 million, which exceeded consensus estimates by 12%. EBITDA for the quarter came in at $214 million, surpassing expectations by 19%.
Those results prompted several analyst teams to revise their outlooks and increase price targets. BMO Capital raised its target to $104 from $93, describing the quarter as "well ahead of consensus" and citing an improved fiscal year 2026 outlook. Jefferies uplifted its target to $122 and maintained a Buy rating, attributing the move in part to strong demand from the United States. UBS increased its price target to $140, pointing to Nextpower’s leadership in solar trackers and strong customer relationships as justification for its Buy rating.
KeyBanc moved the stock to Overweight with a $142 price target, noting a favorable risk-reward profile underpinned by visible multi-year growth drivers. JPMorgan also raised its price target to $125 and kept an Overweight rating, highlighting the company’s solid performance, a book-to-bill ratio greater than 1.0, and record bookings in Europe.
Taken together, the insider sale and the string of analyst upgrades paint a picture of a company that has delivered better-than-expected quarterly results and attracted heightened analyst attention. The filing with the SEC makes the insider transaction public, while the valuation metrics and investor tools noted by InvestingPro provide additional context for market participants weighing the stock.
This report presents the details of the insider transaction, the company’s recent financial performance, and the subsequent analyst actions. It does not offer investment advice and reflects the information disclosed in the referenced filings and analyst updates.