Bennett David P

CAO Bennett sold 33,725 shares ($2.97M) at $88.08; holdings drop 20.5% to 131.0K shares

Bennett David P, Chief Accounting Officer, sold 33,725 shares of Nextpower Inc. (NXT) at $88.08 on 2025-12-11, reducing his holdings by 20.5% from 164.7K to 131.0K shares. The sale occurred at a price $1.33 above the current market price of $86.75, and approximately $23.76 below the 52-week high of $111.84. His cross-ticker track record shows 1 prior open-market sale with an average 90-day return of +39.3%, indicating that his previous sale preceded stock appreciation rather than decline, yielding a well-timed rate of 0.00%. At NXT specifically, his prior sale on 2025-09-12 similarly produced a 90-day return of +39.3%, also poorly timed by the sell-timing metric. The stock is currently -22.4% from its 52-week high and -10.1% over the last 30 days, though it has gained +30.1% over 90 days. Company fundamentals show revenue of $905.3M, net income of $146.9M, annual revenue growth of +18.4%, and a P/E of 20.56.

Bennett David P (Chief Accounting Officer) sold 29,178 shares of NXT at $67.08 on 2025-09-12; holds 164,692 shares post-transaction.

Bennett David P, Chief Accounting Officer, executed a sale of 29,178 shares at $67.08, reducing his holdings by 15.1% of pre-transaction holdings (from 193,870 to 164,692 shares). The transaction occurred at a price $0.56 below the current market price of $67.64, with stock trading 3.5% below its 52-week high of $70.12. Nextracker is a large-cap business ($9.2B market cap) showing strong recent momentum (+13.2% over 90 days) and solid profitability (P/E 16.95, net income $157.2M on $864.3M revenue, with annual revenue growth of +18.4%). This sale represents a material reduction in the CAO's equity stake and warrants examination of the circumstances and timing under which it occurred.