Corient Private Wealth LLC Invests $483,000 in NextDecade Co. (NASDAQ:NEXT)

Posted by Editorial Team on Mar 30th, 2025

Corient Private Wealth LLC acquired a new stake in NextDecade Co. (NASDAQ:NEXT – Free Report) during the fourth quarter, HoldingsChannel reports. The fund acquired 62,653 shares of the company’s stock, valued at approximately $483,000.

Several other institutional investors also recently bought and sold shares of NEXT. Steward Partners Investment Advisory LLC boosted 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 valued at $35,000 after buying an additional 3,485 shares in the last quarter. Mainstream Capital Management LLC acquired a new stake in NextDecade in the fourth quarter valued at $56,000. Briaud Financial Planning Inc boosted its position in shares of NextDecade by 29.2% during the 4th quarter. Briaud Financial Planning Inc now owns 9,333 shares of the company’s stock worth $71,000 after purchasing an additional 2,109 shares in the last quarter. Twin Securities Inc. acquired a new position in shares of NextDecade during the 3rd quarter worth $52,000. Finally, Stoneridge Investment Partners LLC acquired a new position in shares of NextDecade during the 4th quarter worth $91,000. 66.74% of the stock is owned by institutional investors and hedge funds.

NextDecade Stock Down 4.3 %

NEXT stock opened at $8.05 on Friday. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 3.17. The company’s 50-day moving average price is $8.06 and its 200 day moving average price is $7.00. NextDecade Co. has a 52 week low of $4.27 and a 52 week high of $9.71. The company has a market cap of $2.10 billion, a P/E ratio of -7.19 and a beta of 1.18.

NextDecade (NASDAQ:NEXT – Get Free Report) last posted its earnings results on Thursday, February 27th. The company reported ($1.86) earnings per share for the quarter, missing the consensus estimate of ($0.19) by ($1.67). On average, research analysts expect that NextDecade Co. will post -0.61 earnings per share for the current fiscal year.