Navitas stock soars as company advances 800V tech for NVIDIA AI platforms
NextDecade Corp (OTC:NEXT), a $1.69 billion market cap company currently trading at $6.45, saw Director William C. Vrattos report purchasing 100,000 shares of common stock on September 17, 2025. According to InvestingPro data, the stock has declined nearly 29% over the past six months, with technical indicators suggesting oversold conditions. The purchases were made at a weighted-average price of $6.864, resulting in a total transaction value of $686,400. The prices for these shares ranged from $6.82 to $6.89.
Following the transaction, Vrattos directly and indirectly owns 1,399,619 shares of NextDecade. These holdings include 26,533 shares held directly, 1,029,812 shares held by CGW Holdings LLC, 306,551 shares held by CGW Holdings II LLC, and 8,123 shares held by IRA.
In other recent news, NextDecade Corporation announced a positive final investment decision (FID) on Train 4 at its Rio Grande LNG facility. The company has secured financial transactions totaling approximately $6.7 billion to fully fund the construction of Train 4 and related infrastructure. This includes a $3.85 billion term loan facility, $1.13 billion in equity commitments from NextDecade, and $1.7 billion from investment partners such as Global Infrastructure Partners, GIC, Mubadala Investment Company, and TotalEnergies. Following this announcement, Morgan Stanley downgraded NextDecade’s stock from Overweight to Equalweight, citing a lower cash flow outlook.
Meanwhile, Dynagas LNG Partners LP filed a Form 6-K with the Securities and Exchange Commission for the first half of 2025. The filing includes management’s discussion and analysis of financial condition and results of operations, along with interim unaudited consolidated financial statements for the six months ended June 30, 2025. The information in this report is incorporated by reference into Dynagas LNG Partners’ registration statement on Form F-3. These developments provide investors with updated insights into the financial and operational strategies of both companies.
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