AMF Tjanstepension 13F: Cuts Nextpower (NXT) Stake by $2.5M

AMF Tjanstepension cut its stake in Nextpower Inc. (NasdaqGS: NXT) by 54.4%, reducing its holdings by 32,140 shares during the period. The institutional investor disclosed the trade in a Form 13F filing with the Securities and Exchange Commission on October 22, 2026.

NXT Nextpower Inc.

$81.77 ▼ -11.87% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in AMF Tjanstepension's Nextpower Position

According to the October 22, 2026 filing, AMF Tjanstepension lowered its position to 26,977 shares. The remaining stake carried a reported value of $2,102,318. The reduction follows a prior holding of 59,117 shares.

Other Institutional Activity in Nextpower

Other large investors also adjusted their positions in the solar technology firm. Livforsakringsbolaget Skandia, Omsesidigt sold out its entire position, unloading 68,734 shares to end with zero shares valued at $0. Primecap Management Company trimmed its holdings by 72,344 shares, leaving it with 6,688,767 shares worth about $519,248,963. Meanwhile, Fundsmith LLP added 1,428,046 shares to its portfolio, growing its stake by 100.0% to 2,856,092 shares valued at about $221,718,414.

Nextpower Inc. Stock Holds Steady

Nextpower Inc. shares recently traded around $81.77 as of October 22, 2026, up about 5.3% since closing at $77.63 on the filing date. The stock trades below its 50-day moving average of $84.94 and well under its 200-day moving average of $107.38. It sits closer to its 52-week low of $76.72 than its 52-week high of $163.13.

Recent Earnings

Nextpower reported $3.63 billion in trailing twelve month revenue and $3.87 in earnings per share. The company generated a net profit margin of 16.4% and a return on equity of 27.2%. Its next quarterly earnings release is scheduled for October 28, 2026.

Insider Buying and Selling at Nextpower Inc.

Company insiders completed several transactions in recent months. President Howard J. Wenger sold 11,176 shares on August 11, 2026, at an average price of $104.78. Director Brandi Elizabeth Thomas disposed of 7,415 shares on August 19, 2026, at $91.25 per share. Director Julia Blunden sold 7,415 shares on August 24, 2026. Chief Financial Officer Charles D. Boynton sold 4,500 shares on September 1, 2026, at $79.98 per share.

Analysts Set New Price Targets

Several Wall Street firms updated their views on the solar technology company ahead of its upcoming earnings report. On October 14, 2026, Susquehanna maintained its Positive rating while lowering its price target from $157.00 to $150.00. Mizuho kept a Neutral rating on October 15, 2026, cutting its target from $111.00 to $101.00. JP Morgan maintained an Overweight rating on October 19, 2026, lowering its target from $152.00 to $136.00. Citigroup kept a Buy rating on October 21, 2026, reducing its target to $111.00 from $121.00. BMO Capital maintained an Outperform rating on October 21, 2026, reducing its target from $132.00 to $114.00. Across the broader analyst community, the stock carries a consensus Strong Buy rating and a mean price target of $132.11.

About Nextpower

Nextpower Inc. provides solar and energy technology solutions for utility-scale power plants in the United States and internationally. Headquartered in Fremont, California, the company designs systems that help power generators capture and manage solar energy efficiently.

Bottom Line

Investors are watching for the company's next earnings report on October 28, 2026, to gauge whether demand for its utility-scale solar technology remains strong amid shifting market conditions.