Livforsakringsbolaget Skandia, Omsesidigt 13F: Exits NXT Stake

Livforsakringsbolaget Skandia completely exited its investment in Nextpower Inc. (NASDAQ:NXT), parting ways with its entire holding of 68,734 shares according to a Form 13F filing on October 21, 2026.

NXT Nextpower Inc.

$81.77 ▼ -11.87% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in Livforsakringsbolaget Skandia's Nextpower Position

The institutional investor closed out the entirety of its Nextpower stake during the period, moving from 68,734 shares down to zero. The complete liquidation removed the fund from the solar technology company's shareholder roster entirely.

Other Institutional Activity in Nextpower

Other large funds made notable adjustments to their Nextpower holdings around the same time. Primecap Management Company trimmed its holdings by 72,344 shares, ending with 6,688,767 shares worth about $534,900,705. Meanwhile, Fundsmith LLP grew its holdings by 1,428,046 shares, ending with 2,856,092 shares worth about $228,401,680.

Nextpower Inc. Stock Holds Steady

Nextpower shares recently traded around $81.77, closing at that exact level on October 21, 2026. The stock sits well below its 52-week high of $163.13 and below both its 50-day moving average of $84.94 and its 200-day moving average of $107.38, while holding above its 52-week low of $76.72.

Recent Earnings

The solar provider generated $3,630,307,072 in trailing-twelve-month revenue with an EPS of $3.87. Nextpower posted a net profit margin of 16.4% and a return on equity of 27.2%. The company's next earnings report is scheduled for October 28, 2026.

Insider Buying and Selling at Nextpower Inc.

Company insiders trimmed their stock holdings leading up to the filing. President Howard J Wenger sold 11,176 shares on August 11, 2026, for $1,171,021 at an average price of $104.78. Director Brandi Elizabeth Thomas sold 7,415 shares on August 19, 2026, for $676,619 at $91.25 per share. Director Julia Blunden disposed of 7,415 shares on August 24, 2026, valued at $638,423. Finally, Chief Financial Officer Charles D Boynton sold 4,500 shares on September 1, 2026, for $359,910 at $79.98 per share. None of these transactions were executed under a Rule 10b5-1 plan.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. On October 14, 2026, Susquehanna maintained its Positive rating while lowering its price target to $150.0 from $157.0. Mizuho kept a Neutral rating on October 15, 2026, dropping its target from $111.0 to $101.0. JP Morgan maintained an Overweight rating on October 19, 2026, reducing its target to $136.0 from $152.0. On October 21, 2026, Citigroup maintained a Buy rating with a target of $111.0 down from $121.0, and BMO Capital kept an Outperform rating while cutting its target from $132.0 to $114.0. The stock carries a consensus strong buy recommendation with a mean price target of $132.11 across 28 analyst opinions.

About Nextpower

Based in Fremont, California, Nextpower Inc. builds solar and energy technology equipment designed for utility-scale power installations across the United States and global markets. The company operates in the technology sector, employing 1,993 people to support growing demand for large-scale solar infrastructure.

Bottom Line

Investors are keeping a close watch on Nextpower ahead of its upcoming earnings release on October 28, 2026. The report will provide fresh details on how the company handles its revenue growth and market position following institutional changes and insider sales.