Investors Buy High Volume of Call Options on NextDecade (NASDAQ:NEXT)

Posted by Editorial Team on Apr 18th, 2025

NextDecade Co. (NASDAQ:NEXT – Get Free Report) was the target of some unusual options trading activity on Thursday. Investors bought 6,065 call options on the stock. This represents an increase of 47% compared to the average daily volume of 4,114 call options.

NextDecade Stock Up 4.8 %

NASDAQ:NEXT opened at $7.82 on Friday. The firm has a market capitalization of $2.04 billion, a P/E ratio of -6.98 and a beta of 0.80. The company’s fifty day moving average price is $7.64 and its 200-day moving average price is $7.21. NextDecade has a 1-year low of $4.27 and a 1-year high of $9.71. The company has a debt-to-equity ratio of 3.17, a current ratio of 0.49 and a quick ratio of 0.49.

NextDecade (NASDAQ:NEXT – Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The company reported ($1.86) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.19) by ($1.67). As a group, equities research analysts anticipate that NextDecade will post -0.61 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Steward Partners Investment Advisory LLC grew its stake in shares of NextDecade by 350.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,479 shares of the company’s stock worth $35,000 after purchasing an additional 3,485 shares during the period. GAMMA Investing LLC boosted its holdings in NextDecade by 2,302.6% during the first quarter. GAMMA Investing LLC now owns 6,535 shares of the company’s stock worth $51,000 after buying an additional 6,263 shares in the last quarter. Mainstream Capital Management LLC acquired a new stake in NextDecade during the fourth quarter valued at $56,000. Tower Research Capital LLC TRC increased its holdings in NextDecade by 201.6% in the fourth quarter. Tower Research Capital LLC TRC now owns 7,797 shares of the company’s stock valued at $60,000 after buying an additional 5,212 shares in the last quarter. Finally, Briaud Financial Planning Inc boosted its stake 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 acquiring an additional 2,109 shares in the last quarter. 66.74% of the stock is currently owned by hedge funds and other institutional investors.