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Nextracker Inc. (NXT)’s Chief Accounting Officer, David P. Bennett, Sells 29,178 Shares at $67.08 per Share for $1.96 Million Under a Pre-Arranged 10b5-1 Trading Plan
Yahoo Finance· 2025-09-22 01:16
Core Insights - Nextracker Inc. (NASDAQ:NXT) is identified as a promising investment opportunity within the clean energy sector, particularly due to its significant upside potential and recent strong performance [1][3]. Company Performance - Nextracker's share price has increased by over 96% year-over-year and 58% year-to-date, indicating strong market performance [3]. - The company has reported quarterly results that exceeded analysts' expectations, further supporting the view that its stock is undervalued [3]. Company Overview - Nextracker specializes in advanced solar tracker technologies and solutions for both utility-scale and distributed generation projects, operating in the U.S. and internationally [4]. - It is recognized as one of the best clean energy stocks available in the market [4]. Insider Activity - David P. Bennett, the Chief Accounting Officer of Nextracker, sold 29,178 shares at a price of $67.08 per share, totaling approximately $1.96 million, under a pre-arranged 10b5-1 trading plan [2].