Charles Brown Jr. Buys Shares of NEXT
NEXT insider Charles Brown Jr. acquired 11,965 shares on June 15, 2026.
Key Points
- Insider Charles Brown Jr. purchased 11,965 shares of NEXT on June 15, 2026, with the stock trading at $7.73.
- Shares of NEXT are trading at $7.73, with institutional investors like BlackRock and Geode Capital adjusting their holdings.
- Analysts from Citigroup and Morgan Stanley have set price targets, reflecting ongoing interest in NEXT's market performance.
On June 15, 2026, Charles Brown Jr., an insider at NEXT, bought 11,965 shares of the company. The transaction did not have a disclosed purchase price, but the stock was trading at $7.73 on that day. This insider buying activity often attracts attention as it may signal confidence in the company's future.
Other Institutional Activity in NEXT
Several institutional investors have also been active in NEXT. BlackRock, Inc. increased its holdings by 1,735,010 shares, bringing its total to 22,963,355 shares valued at approximately $175.9 million. Geode Capital Management, LLC added 564,497 shares, ending with 4,021,660 shares worth about $30.8 million. Meanwhile, Catalyst Capital Advisors LLC boosted its stake by 574,080 shares, now holding 5,216,592 shares valued at $39.9 million. Vanguard Capital Management LLC initiated a new position with 5,906,171 shares, valued at $45.2 million.
NEXT Stock Snapshot
NEXT's shares are currently trading at $7.73. The company has caught the attention of both institutional investors and analysts, reflecting its ongoing presence in the market.
Insider Buying and Selling at NEXT
In addition to Charles Brown Jr.'s purchase, insider David Stover bought 20,565 shares on June 15, 2026. Earlier, on May 13, 2026, Luke Boylston, the company's Controller, sold 1,312 shares at $8.54. Pamela K.M. Beall also made significant purchases earlier in the year, acquiring 71,500 shares on March 23, 2026, at $7.07.
Analysts Set New Price Targets
Analyst activity has been notable for NEXT. On May 13, 2026, Citigroup initiated coverage with a 'buy' rating and set a price target of $11. Morgan Stanley, on April 21, 2026, maintained its 'hold' rating with an $8 target. These price targets suggest varied expectations about NEXT's future market performance.
Bottom Line
Insider buying by Charles Brown Jr. adds to the interest in NEXT, with institutional investors and analysts also actively engaging with the company. Such transactions are often watched closely as they can provide insights into the company's prospects. As always, it's important to remember that insider and institutional activity, along with analyst ratings, are just pieces of the larger investment puzzle.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.