NextTrip (NTRP) COO McMahon John Patrick Sells $84K of Stock
John McMahon, COO of NextTrip, Inc., sold 40,000 shares for $83,828 on October 9, 2026.
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McMahon John Patrick, COO - Travel Division at NextTrip, Inc. ($NTRP), sold 40,000 shares at an average price of $2.10, worth about $83,828, on October 9, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $NTRP is down 34.3% after 1 week and down 34.3% to date (from the $2.07 close on Oct 9, 2026).
Key Points
- John McMahon, the COO of NextTrip, Inc. (NTRP), sold 40,000 shares at a price of $2.10 on October 9, 2026, totaling approximately $83,828.
- Recently, NextTrip shares traded around $1.45, significantly below its 50-day moving average of $1.64 and its 200-day average of $2.39.
- Ascendiant Capital maintains a buy rating on NextTrip, with a price target of $7.75, reflecting optimism despite recent trading trends.
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John McMahon, the Chief Operating Officer of NextTrip, Inc. (NTRP), sold 40,000 shares on October 9, 2026, for approximately $83,828. The shares were sold at a price of $2.10 each.
Inside McMahon's Trade
McMahon's sale of 40,000 shares reflects a significant transaction for him, as it was not a planned sale. His role as COO indicates he is closely involved in the company's operations, and this move may signal his perspective on the company's current valuation.
Other Institutional Activity in NextTrip
Armistice Capital, LLC trimmed its holdings by 273,005 shares, ending with 402,081 shares valued at about $546,830. Vanguard Capital Management LLC increased its stake by 97,333 shares, bringing its total to 224,650 shares worth approximately $305,524. Meanwhile, Geode Capital Management, LLC reduced its position by 10,068 shares, now holding 112,561 shares valued at around $153,082.
NextTrip, Inc. Stock Down 13.2%
NextTrip shares recently traded around $1.45 as of October 16, 2026. This is significantly below the 50-day moving average of $1.64 and the 200-day average of $2.39. The stock is currently about 72.1% below its 52-week high of $5.20, but it is 61.1% above its 52-week low of $0.90.
Recent Earnings
For the trailing twelve months, NextTrip reported revenue of approximately $5.03 million, with a year-over-year revenue growth of 945.7%. However, the company has faced challenges, posting a net margin of -290.0% and a return on equity of -260.8%. The next earnings report is scheduled for January 13, 2027.
Insider Buying and Selling at NextTrip, Inc.
Alongside McMahon, other insiders have also been active. On June 18, 2026, Director David T. Jiang bought 18,200 shares at $2.07, totaling about $37,674. Additionally, Andrew Jay Kaplan, also a Director, purchased 52,910 shares on September 17, 2026, at a price of $1.89, amounting to $100,000.
Analysts Set New Price Targets
On September 14, 2026, Ascendiant Capital maintained its buy rating on NextTrip, adjusting its price target to $7.75 from $7.50. The consensus among analysts gives NextTrip a strong buy recommendation, with a mean price target of $6.92 based on three analyst opinions.
About NextTrip
NextTrip, Inc. is a technology-driven travel company that develops an integrated travel booking and media platform. The company connects leisure, group, and business travelers both in the U.S. and internationally. This recent insider sale occurs amid a backdrop of rapid revenue growth and ongoing challenges in profitability.
Bottom Line
Investors will be watching for the upcoming earnings report on January 13, 2027, to see how NextTrip continues to navigate its growth and profitability challenges. McMahon's sale could raise questions about insider sentiment, but the overall outlook remains optimistic according to analysts.
Source: McMahon John Patrick's Form 4 filing on $NTRP (Oct 9, 2026). Find the original filing: NTRP Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts