NextDecade Co. (NASDAQ:NEXT) Shares Acquired by SG Americas Securities LLC

Posted by Shane Hupp on Feb 5th, 2025

SG Americas Securities LLC increased its holdings in NextDecade Co. (NASDAQ:NEXT – Free Report) by 47.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 43,208 shares of the company’s stock after purchasing an additional 13,807 shares during the quarter. SG Americas Securities LLC’s holdings in NextDecade were worth $333,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Geode Capital Management LLC lifted its holdings in shares of NextDecade by 24.8% in the third quarter. Geode Capital Management LLC now owns 3,026,930 shares of the company’s stock valued at $14,260,000 after purchasing an additional 600,630 shares in the last quarter. State Street Corp increased its stake in shares of NextDecade by 7.1% during the 3rd quarter. State Street Corp now owns 2,330,172 shares of the company’s stock worth $10,975,000 after purchasing an additional 155,309 shares in the last quarter. Catalyst Capital Advisors LLC raised its position in shares of NextDecade by 4.3% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 3,627,416 shares of the company’s stock worth $17,085,000 after purchasing an additional 150,800 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in NextDecade by 43.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,064,816 shares of the company’s stock valued at $5,015,000 after buying an additional 321,603 shares in the last quarter. Finally, Harbor Capital Advisors Inc. grew its holdings in NextDecade by 108.1% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 181,106 shares of the company’s stock valued at $853,000 after buying an additional 94,076 shares during the last quarter. 66.74% of the stock is owned by institutional investors and hedge funds.

NextDecade Stock Performance

NASDAQ NEXT opened at $8.40 on Wednesday. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 3.17. NextDecade Co. has a fifty-two week low of $4.27 and a fifty-two week high of $9.47. The business has a fifty day moving average of $7.63 and a 200-day moving average of $6.43. The stock has a market cap of $2.19 billion, a price-to-earnings ratio of -7.50 and a beta of 1.27.

NextDecade (NASDAQ:NEXT – Get Free Report) last announced its earnings results on Thursday, November 7th. The company reported $0.80 earnings per share for the quarter, beating the consensus estimate of ($0.22) by $1.02. As a group, analysts predict that NextDecade Co. will post -0.59 earnings per share for the current fiscal year.