SC 13G/A - Nextracker Inc. (0001852131) (Subject)

SC 13G/A - Nextracker Inc. (0001852131) (Subject)

SC 13G/A - Nextracker Inc. (0001852131) (Subject)

SC 13G/A - Nextracker Inc. (0001852131) (Subject)

SC 13G/A - Nextracker Inc. (0001852131) (Subject)

SC 13G - Nextracker Inc. (0001852131) (Subject)

4 - Nextracker Inc. (0001852131) (Issuer)

4 - Nextracker Inc. (0001852131) (Issuer)

4 - Nextracker Inc. (0001852131) (Issuer)

4 - Nextracker Inc. (0001852131) (Issuer)

4 - Nextracker Inc. (0001852131) (Issuer)

4 - Nextracker Inc. (0001852131) (Issuer)

4 - Nextracker Inc. (0001852131) (Issuer)

4 - Nextracker Inc. (0001852131) (Issuer)

4 - Nextracker Inc. (0001852131) (Issuer)

4 - Nextracker Inc. (0001852131) (Issuer)

Reaffirms FY25 Revenue Outlook and Raises FY25 Profit Outlook Nextracker (NASDAQ:NXT), a global market leader of intelligent solar tracker and software solutions, today announced financial results for the second quarter of fiscal year 2025, ended September 27, 2024. Financial Summary (In millions, except per share)     Q2 FY25* Q1 FY25* Q2 FY24 Revenue $636 $720 $573 GAAP Gross Profit $225 $237 $149 GAAP Gross Margin 35.4% 33.0% 26.0% GAAP Net Income $117 $125 $81 GAAP Net Income Margin 18.5% 17.3% 14.2% GAAP Diluted EPS $0.79 $0.84 $0.55         Adjusted Gross

First Sustainability Report since becoming a fully independent company in January 2024, highlighting Nextracker's commitment to corporate responsibility and its mission to make clean, affordable renewable energy accessible to all Report features insights from the company's first materiality assessment, guiding the development of a robust Environmental, Social, and Governance (ESG) strategy Nextracker (NASDAQ:NXT) today released its inaugural Sustainability Report for 2024. This report outlines Nextracker's progress in building a comprehensive ESG program and strategy. The report also reflects the Company's commitment to sustainability, highlighting key milestones such as the completion

Nextracker (NASDAQ:NXT) will announce its second quarter fiscal 2025 financial results after the market closes on Wednesday, October 30, 2024. The company will hold a conference call to discuss the results on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Q2 FY2025 Earnings Call October 30, 2024 2:00 p.m. PT / 5:00 p.m. ET Live webcast available on investors.nextracker.com The webcast replay, along with supporting materials, will be available on the Nextracker IR website following the conclusion of the event. About Nextracker Nextracker is a leading provider of intelligent, integrated solar tracker, foundations, and software solutions used in utility-scale and ground-m

Facility aims to advance photovoltaic research and development, testing, and workforce development serving India and Middle East solar markets Nextracker (NASDAQ:NXT), a leading global provider of intelligent solar trackers, foundations, and software solutions, today inaugurated India's first Center for Solar Excellence (CFSE) in Hyderabad, India. Spanning across 13 acres this state-of-the-art facility will serve to advance solar tracker technology, further accelerating the region's energy transition. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240930556809/en/Nextracker Inaugurates Center for Solar Excellence in Hyderabad, I

Furthers Growth of Marathon Capital's Equity Capital Markets Offering Marathon Capital, a leading financial advisory and investment banking firm to the clean economy, has announced that James Fitzgerald has joined the firm as Head of Institutional Sales. Based in New York, Mr. Fitzgerald will be responsible for leading the continued rollout of Marathon Capital's Equity Research and Equity Capital Markets ("ECM") products. Mr. Fitzgerald was most recently Executive Director, Institutional Equity Sales at Tudor, Pickering, Holt & Co (the energy business of Perella Weinberg Partners), where he provided coverage and long-term relationship management of hedge fund, long only, family office, an

Combining industry-leading solar tracker and advanced foundations technology, Nextracker delivers comprehensive solutions to optimize solar development across all soil types Nextracker (NASDAQ:NXT), a global leader in solar tracker technology, today announced NX Foundation Solutions which includes the introduction of NX Anchor™— a solar tracker foundation system designed to optimize ground-mount solar project development across a wide range of soil conditions. NX Anchor further expands Nextracker's solar foundations portfolio following the company's acquisitions of leading-edge foundation company Ojjo in June and Solar Pile International's foundations business in July. NX Foundation Soluti

50% Revenue Growth YoY; Reaffirms FY25 Outlook Adds Solar Foundation Offerings with Ojjo and Solar Pile International Acquisitions Nextracker (NASDAQ:NXT), a global market leader of intelligent solar tracker and software solutions, today announced financial results for the first quarter of fiscal year 2025, ended June 28, 2024. Financial Summary (In millions, except per share)   Q1 FY25* Q4 FY24* Q1 FY24* Revenue $720 $737 $480 GAAP Gross Profit $237 $340 $114 GAAP Gross Margin 33.0% 46.2% 23.7% GAAP Net Income $125 $223 $64 GAAP Net Income Ma

Copeland, a global provider of sustainable climate solutions and leader in the HVAC, Refrigeration (HVACR) and industrial compression industry, has announced that Paul Lundstrom will join the company in August as Chief Financial Officer (CFO). Copeland is a standalone company and a portfolio company of Blackstone, the world's largest alternative asset manager, within its Capital Partners Fund XIII. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240724421467/en/Paul Lundstrom, Copeland's new Chief Financial Officer (Photo: Copeland) "Paul is an excellent addition to the executive team of Copeland, as he brings with him extensive

Nextracker (NASDAQ:NXT) announced today that Company leaders will present at the upcoming investor conference: KeyBanc Capital Markets 25th Annual Technology Leadership Forum Fireside Chat August 5, 2024 9:30 a.m. PT / 12:30 p.m. ET Live webcast will be available on investors.nextracker.com The webcast replay will be available on the Nextracker IR website following the conclusion of the event. About Nextracker Nextracker is a leading provider of intelligent, integrated solar tracker and software solutions used in utility-scale and distributed generation solar projects around the world. Our products enable solar panels in utility-scale power plants to follow the sun's movement acro

Nextracker (NASDAQ:NXT) will announce its first quarter fiscal 2025 financial results after the market closes on Thursday, August 1, 2024. The company will hold a conference call to discuss the results on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Q1 FY2025 Earnings Call August 1, 2024 2:00 p.m. PT / 5:00 p.m. ET Live webcast available on investors.nextracker.com The webcast replay, along with supporting materials, will be available on the Nextracker IR website following the conclusion of the event. About Nextracker Nextracker is a leading provider of intelligent, integrated solar tracker and software solutions used in utility-scale and distributed generation s

B of A Securities analyst Dimple Gosa maintains NEXTracker (NASDAQ:NXT) with a Buy and raises the price target from $64 to $66.

Barclays analyst Christine Cho maintains NEXTracker (NASDAQ:NXT) with a Equal-Weight and lowers the price target from $63 to $61.

JP Morgan analyst Mark Strouse maintains NEXTracker (NASDAQ:NXT) with a Overweight and raises the price target from $63 to $65.

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Below are some instances of options activity happening in the Industrials sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume ACHR CALL SWEEP BEARISH 10/18/24 $6.00 $164.8K 1.6K 15.3K HON PUT TRADE NEUTRAL 09/20

NEXTracker's (NYSE:NXT) short percent of float has risen 43.44% since its last report. The company recently reported that it has 11.24 million shares sold short, which is 8.85% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.75 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is

Susquehanna analyst Biju Perincheril initiates coverage on NEXTracker (NASDAQ:NXT) with a Positive rating and announces Price Target of $59.

On CNBC's “Mad Money Lightning Round,” Jim Cramer said DraftKings Inc. (NASDAQ:DKNG) is a buy. “It's come down all the way, I'm not worried about Illinois. I think it's in good shape,” he added. The company filed for a mixed-shelf offering on Friday. Cramer likes BlackRock, Inc. (NYSE:BLK), calling the stock “seems “ridiculously inexpensive” considering “all of the future prospects they have.” On May 1, BlackRock completed the acquisition of SpiderRock Advisors. Nextracker Inc. (NASDAQ:NXT) is “terrific,” Cramer said. Nextracker will replace Grocery Outlet Holding Corp. (NASD:GO) in the S&P MidCap 400, prior to the open of trading on Monday, June 24. The Mad Money host said

Hedge funds made strategic adjustments to their portfolios throughout the first quarter of 2024. Firms are looking for high-return opportunities beyond the mega-cap tech giants preferring to focus on cyclical sectors and artificial intelligence (AI)-related infrastructure stocks. Except for Apple Inc (NASDAQ:AAPL), positions in several ‘Magnificent Seven’ stocks — Alphabet Inc (NASDAQ:GOOGL), Amazon.com Inc (NASDAQ:AMZN), Nvidia Corp (NASDAQ:NVDA), Microsoft Corp (NYSE:MSFT), and Meta Platforms Inc (NASDAQ:META) — were trimmed from hedge funds. Still, the strong performance of the so-called ‘Magnificent 7′ tech stocks maintained their weight at 13% of hedge fund long portfolios, acc

Copeland, a global provider of sustainable climate solutions and leader in the HVAC, Refrigeration (HVACR) and industrial compression industry, has announced that Paul Lundstrom will join the company in August as Chief Financial Officer (CFO). Copeland is a standalone company and a portfolio company of Blackstone, the world's largest alternative asset manager, within its Capital Partners Fund XIII. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240724421467/en/Paul Lundstrom, Copeland's new Chief Financial Officer (Photo: Copeland) "Paul is an excellent addition to the executive team of Copeland, as he brings with him extensive

NEW YORK, June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S

Current CFO, David Bennett, to become Chief Accounting Officer Nextracker (NASDAQ:NXT), a global market leader of intelligent solar tracker and software solutions, today announced the appointment of Charles "Chuck" Boynton as Chief Financial Officer (CFO), effective after he completes his tenure with his current employer, which is expected in May 2024. Nextracker's current CFO, David Bennett, will continue to serve in this role until transitioning to Chief Accounting Officer (CAO) once Mr. Boynton joins the company. Mr. Boynton has more than 30 years of finance and accounting experience, as well as significant experience in the solar industry. Mr. Boynton will lead Nextracker's global f

Julie Blunden and Howard Wenger further strengthen Board's expertise in global business executive management, operations and energy infrastructure Nextracker Inc. (NASDAQ:NXT), a leading global provider of intelligent solar tracker and software solutions, today announced the appointment of Julie Blunden and Howard Wenger to its Board of Directors, effective January 2, 2024. Blunden is an accomplished executive leader and strategic advisor currently serving on the Board of four organizations in the energy sector. Wenger is a solar industry pioneer and has served as president of Nextracker since February 2022 with former roles as president and Board member for Solaria Corporation, president