Toro Company vice president Amy Dahl to depart at end of September
Nextnrg (NASDAQ:NXXT) CEO Michael D. Farkas acquired 1,000,000 shares of the company’s common stock on September 18, 2025, at a price of $1.67 per share, for a total transaction value of $1,670,000. The purchase comes as the stock trades at $1.77, having fallen over 37% in the past six months. According to InvestingPro data, analysts maintain a bullish outlook with price targets ranging from $5 to $6, suggesting significant upside potential.
Following the transaction, Farkas directly and indirectly owns 75,254,300 shares of Nextnrg, representing a substantial stake in the $222 million market cap company. InvestingPro analysis indicates the stock is currently overvalued, with 10+ additional investment insights available to subscribers through detailed Pro Research Reports.
In other recent news, NextNRG Inc. reported a remarkable 222% increase in revenue for August 2025, reaching $7.51 million. This growth is attributed to the delivery of 2.18 million gallons, a significant rise from the previous year’s 642,705 gallons in August. Year-to-date revenue has already hit approximately $51.6 million, surpassing the entire revenue for 2024, which was around $27 million. Additionally, H.C. Wainwright initiated coverage on NextNRG with a Buy rating and set a price target of $5.00. The firm noted NextNRG’s diverse offerings in commercial, industrial, and transportation sectors. Furthermore, the company’s Q2 2025 financial results indicated substantial progress in revenue growth and operational efficiencies. These developments have contributed to a positive outlook in the market.
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