CEO Michael Farkas Buys 21,739 Shares of NextNRG Inc. Amid Low Stock Prices and Mixed Insider Activity

Insider Buying Amid a Plummeting Stock

The latest 4‑form filing shows CEO and Executive Chairman Michael Farkas purchasing 21,739 shares of NextNRG Inc. common stock on February 2, 2026, at an average price of $1.83—roughly 2 % above the company’s closing price of $0.938. The transaction adds to a series of acquisitions by Farkas in the past 18 months, most of which have been at or near the market price. The buy is notable not only for the volume but also because it comes at a time when the share is trading near a 52‑week low and the company’s earnings‑per‑share ratio is negative.

What This Means for Investors

Farkas’ continued buying signals that the CEO believes the current valuation is a buying opportunity. In a sector where cash‑flow is a key metric, a CEO’s willingness to invest personal capital can be read as confidence in a turnaround plan. Yet, the overall insider activity at NextNRG is mixed: several other executives have been selling shares in December 2025, and the broader insider community has been liquidating positions. For investors, the CEO’s purchase offers a hedge of management optimism against a backdrop of declining liquidity and a weak price trend. It may also catalyze a short‑term uptick in the stock, as market participants often interpret insider buying as a signal of impending positive news.

Farkas’ Transaction Profile

Reviewing Farkas’ filing history reveals a pattern of incremental accumulation. In October 2025 he bought 1 M shares at $1.83, followed by a 1 M share purchase in September at $1.67 and a 21,739 share purchase in August at $2.77. He has also sold 1 M shares in April 2025 at an undisclosed price, suggesting he is willing to adjust his stake in response to market conditions. Across all transactions, the average purchase price has hovered between $1.60 and $2.80—well above the current market price. This disciplined accumulation strategy indicates a long‑term horizon rather than speculative short‑term trading.

Contextualizing the Move

NextNRG’s business—on‑demand fuel delivery for commercial fleets—faces intense competition and thin margins. The company’s last reported close of $0.938, a 20% drop from the month‑prior close, underscores the volatility investors face. With a market cap of roughly $126 million and a price‑to‑earnings ratio of –0.38, the stock is still considered a high‑risk, speculative play. Farkas’ purchase, coupled with the current buzz of 181.98 % in social‑media chatter, may provide a momentary boost to the stock’s visibility, but the long‑term outlook remains tied to the company’s ability to generate sustainable cash flow and achieve profitability.

Takeaway

For investors monitoring NextNRG, the CEO’s buy is a positive sign of confidence but not a guarantee of a turnaround. The transaction should be viewed in the context of a broader insider selling trend and the company’s challenging fundamentals. A cautious approach—monitoring both management’s actions and the company’s operational metrics—remains prudent while the stock continues to trade near the lower end of its 52‑week range.