XTX Topco Ltd Makes New $421,000 Investment in NextDecade Co. (NASDAQ:NEXT)

Posted by Brian Himes on Apr 22nd, 2025

XTX Topco Ltd acquired a new stake in NextDecade Co. (NASDAQ:NEXT – Free Report) in the 4th quarter, HoldingsChannel reports. The fund acquired 54,597 shares of the company’s stock, valued at approximately $421,000.

A number of other institutional investors have also recently made changes to their positions in NEXT. Steward Partners Investment Advisory LLC grew its stake in shares of NextDecade by 350.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,479 shares of the company’s stock worth $35,000 after acquiring an additional 3,485 shares in the last quarter. Mainstream Capital Management LLC purchased a new stake in NextDecade during the 4th quarter worth about $56,000. Briaud Financial Planning Inc raised its position in NextDecade by 29.2% in the 4th 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 in the last quarter. Cibc World Markets Corp purchased a new position in shares of NextDecade in the 4th quarter valued at about $83,000. Finally, Stoneridge Investment Partners LLC purchased a new stake in shares of NextDecade during the fourth quarter worth approximately $91,000. Institutional investors and hedge funds own 66.74% of the company’s stock.

NextDecade Trading Down 6.5 %

NASDAQ NEXT opened at $7.31 on Tuesday. NextDecade Co. has a 52 week low of $4.27 and a 52 week high of $9.71. The firm has a 50 day moving average of $7.63 and a two-hundred day moving average of $7.28. The stock has a market capitalization of $1.90 billion, a PE ratio of -6.53 and a beta of 0.80. 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 (NASDAQ:NEXT – Get Free Report) last posted its earnings results on Thursday, February 27th. The company reported ($1.86) EPS for the quarter, missing the consensus estimate of ($0.19) by ($1.67). As a group, research analysts expect that NextDecade Co. will post -0.61 EPS for the current fiscal year.