NextTrip (NTRP) Insider David Jiang Buys 18,200 Shares
David Jiang acquired 18,200 shares of NextTrip, Inc. on June 18, 2026.
Reviewed by automated data checks against the source filing. How we make and check alerts
David Jiang bought 18,200 shares of NextTrip, Inc. ($NTRP) on June 18, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $NTRP is down 6.8% after 1 week, down 8.2% after 1 month and down 34.3% to date (from the $2.07 close on Jun 18, 2026).
Key Points
- David Jiang bought 18,200 shares of NextTrip, Inc. on June 18, 2026, with each share priced at $2.75.
- NextTrip, Inc. has a market cap of $29.8 million and operates in the travel services sector.
- Armistice Capital reduced its stake in NextTrip, while Hightower Advisors and Vanguard Capital Management opened new positions.
Get $NTRP trade alerts by text
We text you when insiders, Congress or big funds trade $NTRP. Free.
Not investment advice. EarningsIQ is not a registered investment adviser, and this automated NextTrip, Inc. alert may contain errors. Disclosures
On June 18, 2026, David Jiang purchased 18,200 shares of NextTrip, Inc. (NasdaqCM: NTRP). This insider buy was executed at an average price of $2.75 per share, reflecting Jiang's confidence in the travel services company.
Other Institutional Activity in NextTrip, Inc.
Several institutional investors have made notable moves in NextTrip, Inc. Armistice Capital, LLC reduced its holdings by 324,883 shares, leaving it with 675,117 shares valued at about $2.19 million. Meanwhile, Hightower Advisors, LLC and Vanguard Capital Management LLC both opened new positions, acquiring 191,755 and 127,318 shares respectively. Geode Capital Management, LLC increased its holdings by 82,783 shares, ending with 122,635 shares worth approximately $398,563. UBS Group AG also made a significant addition, boosting its stake by 12,618 shares to a total of 12,866 shares, valued at $41,815.
NextTrip, Inc. Stock Up 22.8%
Shares of NasdaqCM:NTRP traded near $2.05 on Tuesday. NextTrip, Inc. boasts a market cap of approximately $29.8 million. The company has no meaningful P/E ratio as it isn't profitable, with a forward P/E of -2.05. The stock's beta is 1.567, indicating higher volatility compared to the market. Its 52-week low is $1.80, and the high is $5.20, with a 50-day moving average of $2.51 and a 200-day moving average of $3.23. NextTrip's current ratio stands at 0.805, with a quick ratio of 0.464, and a debt-to-equity ratio of 64.83.
Recent Earnings
NextTrip, Inc. reported revenue of $3.72 million, reflecting an 18.4% growth. Despite this, the company posted a negative return on equity of -249.8%, and its net margin was zero. The next earnings report is anticipated on July 14, 2026.
Insider Buying and Selling at NextTrip, Inc.
Apart from David Jiang's recent purchase, other insider activities include Frank Orzechowski, the Chief Financial Officer, buying 19,787 shares and selling 5,896 shares on May 11, 2026. Andrew Jay Kaplan also bought 18,182 shares on May 8, 2026.
Analysts Set New Price Targets
On June 10, 2026, Ascendiant Capital maintained its "buy" rating on NextTrip, Inc., setting a price target of $7.50. The consensus among analysts is a "strong buy," with an average target price of $7.75 based on two analyst opinions.
About NextTrip, Inc.
NextTrip, Inc. is a travel services company based in Santa Fe, New Mexico. It develops a travel booking and media platform that caters to leisure, group, and business travelers. The company operates in two segments: Travel, which includes various booking platforms, and Media, which offers travel content through JOURNY.tv and TravelMagazine.com. Led by CEO William Kerby, NextTrip aims to connect travelers with comprehensive travel solutions.
Bottom Line
David Jiang's purchase of NextTrip shares highlights insider interest in the company. While the 13F filings provide a backward look at institutional holdings, the ongoing insider and institutional activities offer insights into market sentiment. As NextTrip continues to develop its travel and media platform, investors will be watching closely for its next earnings report.
Source: David Jiang's Form 4 filing on $NTRP (Jun 18, 2026). Find the original filing: NTRP Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts
