79,630 Shares in NextDecade Corporation (NASDAQ:NEXT) Purchased by Harbour Capital Advisors LLC

Harbour Capital Advisors LLC purchased a new stake in NextDecade Corporation (NASDAQ:NEXT - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 79,630 shares of the company's stock, valued at approximately $577,000.

Other institutional investors have also recently bought and sold shares of the company. Steward Partners Investment Advisory LLC raised its position in NextDecade by 350.6% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,479 shares of the company's stock valued at $35,000 after buying an additional 3,485 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of NextDecade by 2,302.6% during the 1st quarter. GAMMA Investing LLC now owns 6,535 shares of the company's stock worth $51,000 after acquiring an additional 6,263 shares in the last quarter. Mainstream Capital Management LLC bought a new position in shares of NextDecade during the 4th quarter worth approximately $56,000. Tower Research Capital LLC TRC raised its holdings in shares of 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 purchasing an additional 5,212 shares during the last quarter. Finally, Briaud Financial Planning Inc lifted its position in shares of NextDecade by 29.2% in the fourth quarter. Briaud Financial Planning Inc now owns 9,333 shares of the company's stock worth $71,000 after purchasing an additional 2,109 shares in the last quarter. Institutional investors own 66.74% of the company's stock.

NextDecade Stock Down 6.4%

NEXT traded down $0.59 on Wednesday, hitting $8.61. 3,744,178 shares of the company were exchanged, compared to its average volume of 1,897,259. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.85 and a current ratio of 0.85. The stock's fifty day moving average is $7.86 and its 200-day moving average is $7.75. The company has a market cap of $2.25 billion, a PE ratio of -12.66 and a beta of 1.10. NextDecade Corporation has a 12 month low of $4.27 and a 12 month high of $9.71.

Analyst Upgrades and Downgrades

Separately, TD Cowen raised shares of NextDecade from a "hold" rating to a "buy" rating and set a $11.00 target price for the company in a research report on Tuesday.

NextDecade Company Profile

NextDecade Corp. is a development company.