Howard Wenger Sells Shares of Nextpower Inc.
Howard Wenger, President of Nextpower Inc., sold 30,488 shares on June 18, 2026.
Key Points
- Howard Wenger, President of Nextpower Inc., sold 30,488 shares on June 18, 2026.
- Nextpower Inc. shares traded near $129.07 on Wednesday, with a market cap of $19.4 billion and a P/E ratio of 33.6.
- Analysts maintain strong ratings with price targets ranging from $142 to $182, reflecting confidence in the solar technology company.
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Howard Wenger, President of Nextpower Inc. (NasdaqGS: NXT), sold 30,488 shares of the company on June 18, 2026. The transaction was not part of a pre-planned trading program. Shares of Nextpower traded near $129.07 on Wednesday.
Nextpower Inc. Stock Up 51.1%
Shares of NasdaqGS:NXT were trading around $129.07 on Wednesday. Nextpower Inc. has a market cap of approximately $19.4 billion. The company has a P/E ratio of 33.6 and a forward P/E of 22.1, indicating growth expectations. Its beta of 1.735 suggests higher volatility compared to the market. The stock's 52-week range is between $51.69 and $163.13, with a 50-day moving average of $125.35 and a 200-day moving average of $103.98. The company maintains a current ratio of 2.446 and a quick ratio of 2.104, with a debt-to-equity ratio of 2.266.
$NXT stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at Nextpower Inc.
In addition to Howard Wenger's sale, other insiders at Nextpower Inc. have been active. On June 22, 2026, Bruce Ledesma, Chief Legal & Compliance Officer, sold 10,436 shares, and David Bennett, Chief Accounting Officer, sold 13,368 shares. Daniel Shugar, the CEO, also sold 30,077 shares on the same day. Each of these transactions was executed at an average price of $128.38.
Analysts Set New Price Targets
Analyst sentiment remains positive on Nextpower Inc. On June 8, 2026, Mizuho maintained its hold rating with a price target of $142. GLJ Research, Susquehanna, and Jefferies all maintained buy ratings with targets of $149.44, $180, and $159, respectively, earlier in June. The consensus among 26 analysts is a strong buy, with a mean target price of $150.19.
About Nextpower Inc.
Nextpower Inc., headquartered in Fremont, California, is a technology company specializing in solar and energy solutions. It provides products like the NX Horizon solar tracker and the TrueCapture energy management system. Serving utility-scale power plants, the company caters to engineering firms and solar project developers. Led by CEO Daniel S. Shugar, Nextpower employs around 1,993 people.
Bottom Line
Howard Wenger's recent sale of shares is part of ongoing insider transactions at Nextpower Inc., a company known for its innovative solar technology solutions. Investors keep a close watch on insider activity for potential insights, although such sales do not necessarily indicate negative sentiment. With a strong market presence and positive analyst ratings, Nextpower Inc. remains a company of interest in the solar industry.
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