Company Director at $NEXT Buys 15,000 Shares

An insider recently made a significant purchase of shares in the company $NEXT, sparking interest among investors. Edward Andrew Jr. Scoggins, a director at $NEXT, acquired 15,000 shares on 09-18-2025, totaling approximately $96,835. This transaction, as revealed by Quiver Quantitative through SEC filings, boosted Scoggins’ holdings by around 8.1%, bringing his total to 200,070 shares of $NEXT stock.

Over the past six months, insiders at $NEXT have been active in trading the company’s stock on the open market. Out of a total of five trades, all have been purchases with no sales. Some of the notable transactions include William C Vrattos making two separate purchases of 600,000 shares, Hill Investment Partners LP Bardin purchasing 357,021 shares, and Matthew K Schatzman, the Chief Executive Officer, acquiring 281,500 shares. Scoggins’ recent purchase of 15,000 shares adds to the trend of insider activity within the company.

On the hedge fund front, there have been significant movements in institutional investors adding or reducing their positions in $NEXT stock. Noteworthy actions include Encompass Capital Advisors LLC removing 3,403,047 shares from their portfolio in Q1 2025, Valinor Management, L.P. removing 3,125,677 shares in Q2 2025, and Tortoise Capital Advisors, L.L.C. clearing out 1,753,186 shares in the same quarter. Conversely, Sir Capital Management, L.P. added 1,644,432 shares, Adage Capital Partners GP, L.L.C. included 1,300,000 shares, and Point72 Asset Management, L.P. expanded its position with 907,472 shares. Monitoring these institutional holdings provides valuable insights into market sentiment and investor behavior.

Several analysts have issued price targets for $NEXT, with a median target of $9.0 based on recent assessments. Notable target prices include Jason Gabelman from TD Cowen setting a target price of $8.0 on 09/15/2025 and Devin McDermott from Morgan Stanley establishing a target price of $10.0 on 09/12/2025. The prediction of these price targets offers guidance to investors looking to make informed decisions regarding $NEXT stock.

It is essential to note that this article does not constitute financial advice. To gain a comprehensive understanding of current market trends and investment opportunities, it is advisable to refer to Quiver Quantitative’s disclaimers and analysis framework. In a dynamic market environment, staying informed and consulting reliable sources can help investors navigate the intricacies of the stock market effectively.