NextDecade Co. (NASDAQ:NEXT) Shares Purchased by LPL Financial LLC

Posted by Defense World Staff on Apr 22nd, 2025

LPL Financial LLC raised its holdings in shares of NextDecade Co. (NASDAQ:NEXT – Free Report) by 46.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 100,281 shares of the company’s stock after purchasing an additional 31,580 shares during the period. LPL Financial LLC’s holdings in NextDecade were worth $773,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Steward Partners Investment Advisory LLC boosted its holdings in shares of NextDecade by 350.6% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,479 shares of the company’s stock valued at $35,000 after buying an additional 3,485 shares during the period. Mainstream Capital Management LLC acquired a new position in NextDecade in the fourth quarter valued at approximately $56,000. Briaud Financial Planning Inc grew its holdings in shares of NextDecade by 29.2% during the fourth quarter. Briaud Financial Planning Inc now owns 9,333 shares of the company’s stock valued at $71,000 after purchasing an additional 2,109 shares during the last quarter. Cibc World Markets Corp acquired a new stake in shares of NextDecade during the 4th quarter worth approximately $83,000. Finally, Stoneridge Investment Partners LLC acquired a new stake in shares of NextDecade during the 4th quarter worth approximately $91,000. 66.74% of the stock is owned by institutional investors and hedge funds.

NextDecade Trading Down 6.5 %

NASDAQ:NEXT opened at $7.31 on Tuesday. NextDecade Co. has a 12-month low of $4.27 and a 12-month high of $9.71. The company has a debt-to-equity ratio of 3.17, a current ratio of 0.49 and a quick ratio of 0.49. The business has a 50 day simple moving average of $7.63 and a 200 day simple moving average of $7.28. The firm has a market capitalization of $1.90 billion, a P/E ratio of -6.53 and a beta of 0.80.

NextDecade (NASDAQ:NEXT – Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The company reported ($1.86) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.19) by ($1.67). Equities research analysts predict that NextDecade Co. will post -0.61 EPS for the current year.