NI Nisource (NI) Insider Trading, Ownership & Congress Trades
Utilities · Electric & other services combined · CIK 0001111711
Form 144 · 1
Insider buyers, 180 days
0
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
505
13F, latest reported quarter
What the filings say about NI
Insiders, 180 days
-$3.8M net sold
3 sellers · 0% of sales under a 10b5-1 plan
Congress, 1 year
No trades
Last one: sale, 2025-05-12
Planned sales (Form 144), 90 days
$1.6M
1 notice
Nisource insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
Over the last 180 days, NISOURCE INC. insiders sold a net $3.8M of stock across 32 Form 4 purchases and sales, with no insider buying. Source: SEC Form 4 filings, as of 2026-10-28.
Insider
Filed
Shares
Value
Since filing
Context
- 2 earlier Form 4 trades (code P or S) here by this insider (2 sales), the last on May 20, 2026.
- The trade is 47.8% of the 78,527 shares held after it.
- No other insider sold within 30 days.
- 505 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: EVP & Grp President, Utilities BIRMINGHAM MELODY sold about $1.6M of NI on Aug 14, 2026, the largest insider sale at the company on our record; 505 funds added in the latest 13F quarter.Context
- 5 earlier Form 4 trades (code P or S) here by this insider (5 sales), the last on May 30, 2025.
- The trade is 41.7% of the 35,989 shares held after it.
- 2 other insiders sold within 30 days.
- 505 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: EVP Administration & CHRO Berman Melanie B. sold about $715.2K of NI on May 22, 2026; 2 other insiders sold within 30 days and 505 funds added in the latest 13F quarter.Context
- 2 earlier Form 4 trades (code P or S) here by this insider (1 buy, 1 sale), the last on May 16, 2025.
- The trade is 3.8% of the 519,556 shares held after it.
- 2 other insiders sold within 30 days.
- 505 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director and President & CEO Yates Lloyd M sold about $950.1K of NI on May 21, 2026, the largest insider sale at the company since 2024; 2 other insiders sold within 30 days and 505 funds added in the latest 13F quarter.Context
- 1 earlier Form 4 trade (code P or S) here by this insider (1 sale), the last on May 14, 2026.
- The trade is 2.2% of the 116,036 shares held after it.
- 2 other insiders sold within 30 days.
- 505 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: EVP & Grp President, Utilities BIRMINGHAM MELODY sold about $118.6K of NI on May 20, 2026; 2 other insiders sold within 30 days and 505 funds added in the latest 13F quarter.Context
- First Form 4 purchase or sale (code P or S) here by this insider on our record.
- The trade is 8.5% of the 117,899 shares held after it.
- 2 other insiders sold within 30 days.
- 505 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: EVP & Grp President, Utilities BIRMINGHAM MELODY sold about $471.9K of NI on May 14, 2026; 2 other insiders sold within 30 days and 505 funds added in the latest 13F quarter.32 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
net -$3.8M over 180 days
-$1.6M over 90 days
below 85% of Utilities
Congress
no House purchase disclosed in the last 12 months
Funds
505 funds bought in last quarter
more than 78% of Utilities
Revenue
+23.5% year over year
more than 87% of Utilities
Margin
14.3% net margin
more than 67% of Utilities
Buybacks
no share repurchases reported
Short interest
3.5% of the float short (float per yahoo 2026-10-26) · 2.5 days to cover · settled 2026-09-30
more than 57% of Utilities
What changed in the last 30 days
Nothing new filed in the last 30 days
Watch NI
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
+1.7%12M
Insider sellForm 144 (planned sale)
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns NI: institutional holders (13F)
13F holdings, latest reported quarter
54,957,602 sh
$2.6B
31,351,094 sh
$1.5B
27,622,784 sh
$1.3B
27,067,956 sh
$1.3B
12,920,034 sh
$611.9M
Congress trades in NI
STOCK Act disclosures, US House only, filed up to 45 days after the trade
Sold 2025-05-12 · disclosed 41 days later
$50,001 - $100,000
Sold 2025-04-11 · disclosed 35 days later
$1,001 - $15,000
Bought 2024-04-10 · disclosed 15 days later
$1,001 - $15,000
Activist and 5% holders (13D/13G)
No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.
NI planned insider sales (Form 144)
Notice of intent to sell, filed before any sale
BIRMINGHAM MELODY
Filed 2026-08-14
$1.6M
NI mutual fund holders (N-PORT)
Funds ranked by the share of their own portfolio in this stock (N-PORT).
ICON UTILITIES AND INCOME FUND
$1.2M position · as of 2026-06-30
4.9%
PGIM Jennison Focused Mid-Cap ETF
$813.8K position · as of 2026-05-29
4.9%
Nuveen U.S. Infrastructure ETF
$1.0M position · as of 2026-06-30
4.9%
PGIM Jennison Focused Value Fund
$15.0M position · as of 2026-06-30
4.3%
PGIM Jennison Focused Value ETF
$3.7M position · as of 2026-05-29
4.3%
PGIM Jennison Utility Fund
$137.7M position · as of 2026-05-29
4.1%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Corporate PAC
The company's PAC: committee totals only, never individual donors (FEC).
Nisource Inc. Pac
Cycle 2026 · $630K spent
$627.8K
Federal Election Commission, matched by the PAC's connected organisation
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders have filed to sell, before selling.
The record shows a net $3.8M sold by insiders over 180 days, 505 funds added last quarter, $1.6M in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
NI financials
Revenue growth
+23.5%
XBRL, annual
Net margin
14.3%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
n/a
the filed year and its quarters do not reconcile, so the trailing figure is withheld
Revenue, TTM NI
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | $5.3B |
| FY Dec 2022 | $5.7B |
| FY Dec 2021 | $4.7B |
| Jun 2026 | $1.3B |
| Mar 2026 | $2.3B |
| Dec 2025 | $6.5B |
| Sep 2025 | $1.2B |
| Jun 2025 | $1.2B |
| Mar 2025 | $2.1B |
| Dec 2024 | $5.3B |
| Sep 2024 | $1.1B |
At each fiscal year end
Single quarter
Net margin, TTM
n/a
the filed year and its quarters do not reconcile, so the trailing figure is withheld
Net margin, TTM NI
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | +13.4% |
| FY Dec 2022 | +14.0% |
| FY Dec 2021 | +12.4% |
| Jun 2026 | +3.5% |
| Mar 2026 | +21.8% |
| Dec 2025 | +4.0% |
| Sep 2025 | +7.6% |
| Jun 2025 | +8.2% |
| Mar 2025 | +22.1% |
| Dec 2024 | +4.2% |
| Sep 2024 | +8.0% |
At each fiscal year end
Single quarter
Free cash flow, TTM
-$1.1B
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Free cash flow, TTM NI
| FY Dec 2025 | -$420.0M |
| FY Dec 2024 | -$832.5M |
| FY Dec 2023 | -$710.7M |
| FY Dec 2022 | -$793.7M |
| FY Dec 2021 | -$620.1M |
| Jun 2026 | -$417.0M |
| Mar 2026 | -$362.9M |
| Dec 2025 | -$133.7M |
| Sep 2025 | -$172.6M |
| Jun 2025 | -$162.8M |
| Mar 2025 | $49.1M |
| Dec 2024 | -$220.2M |
| Sep 2024 | -$294.7M |
At each fiscal year end
Single quarter
Debt to equity
1.70x
long-term 2026-06-30 plus current 2026-06-30; equity 2026-06-30
Debt to equity NI
| FY Dec 2025 | 1.64x |
| FY Dec 2024 | 1.54x |
| FY Dec 2023 | 1.34x |
| FY Dec 2022 | 1.49x |
| FY Dec 2021 | 1.40x |
| Jun 2026 | 1.70x |
| Mar 2026 | 1.73x |
| Dec 2025 | 1.64x |
| Sep 2025 | 1.73x |
| Jun 2025 | 1.63x |
| Mar 2025 | 1.53x |
| Dec 2024 | 1.54x |
| Sep 2024 | 1.48x |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
0.14x
TTM operating cash flow over long-term 2026-06-30 plus current 2026-06-30
Cash flow to debt NI
| FY Dec 2025 | 0.15x |
| FY Dec 2024 | 0.13x |
| FY Dec 2023 | 0.17x |
| FY Dec 2022 | 0.12x |
| FY Dec 2021 | 0.12x |
| Jun 2026 | 0.14x |
| Mar 2026 | 0.13x |
| Dec 2025 | 0.15x |
| Sep 2025 | 0.14x |
| Jun 2025 | 0.14x |
| Mar 2025 | 0.15x |
| Dec 2024 | 0.13x |
| Sep 2024 | 0.13x |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
+9.8%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on equity NI
| FY Dec 2025 | +10.3% |
| FY Dec 2024 | +9.0% |
| FY Dec 2023 | +9.0% |
| FY Dec 2022 | +11.1% |
| FY Dec 2021 | +9.2% |
| Jun 2026 | +9.8% |
| Mar 2026 | +10.4% |
| Dec 2025 | +10.3% |
| Sep 2025 | +10.3% |
| Jun 2025 | +10.6% |
| Mar 2025 | +10.4% |
| Dec 2024 | +9.0% |
| Sep 2024 | +9.9% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
+2.5%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets NI
| FY Dec 2025 | +2.7% |
| FY Dec 2024 | +2.4% |
| FY Dec 2023 | +2.5% |
| FY Dec 2022 | +3.2% |
| FY Dec 2021 | +2.5% |
| Jun 2026 | +2.5% |
| Mar 2026 | +2.8% |
| Dec 2025 | +2.7% |
| Sep 2025 | +2.7% |
| Jun 2025 | +2.8% |
| Mar 2025 | +2.8% |
| Dec 2024 | +2.4% |
| Sep 2024 | +2.6% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
n/a
tax provision or pre-tax income not filed for the four quarters
Return on invested capital NI
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
+5.8%
operating income (EBIT proxy) over average of 2025-06-30 and 2026-06-30 minus current liabilities
Return on capital employed NI
| FY Dec 2025 | +6.1% |
| FY Dec 2024 | +5.4% |
| FY Dec 2023 | +5.4% |
| FY Dec 2022 | +5.8% |
| FY Dec 2021 | +4.9% |
| Jun 2026 | +5.8% |
| Mar 2026 | +6.1% |
| Dec 2025 | +6.1% |
| Sep 2025 | +6.0% |
| Jun 2025 | +5.7% |
| Mar 2025 | +5.9% |
| Dec 2024 | +5.4% |
| Sep 2024 | +5.5% |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
23.11x
close 2026-10-26 over four quarters of diluted EPS, 2025-07-01 to 2026-06-30
P/E, trailing NI
| FY Dec 2025 | 21.42x |
| FY Dec 2024 | 22.55x |
| FY Dec 2023 | 18.06x |
| FY Dec 2022 | 16.13x |
| FY Dec 2021 | 21.08x |
| Jun 2026 | 25.29x |
| Mar 2026 | 23.21x |
| Dec 2025 | 21.42x |
| Sep 2025 | 22.79x |
| Jun 2025 | 21.34x |
| Mar 2025 | 21.55x |
| Dec 2024 | 22.55x |
| Sep 2024 | 21.00x |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
$37.1B
market value at close 2026-10-26 on 2026-07-29 shares, plus long-term 2026-06-30 plus current 2026-06-30, minus cash 2026-06-30
Enterprise value NI
| FY Dec 2025 | $35.3B |
| FY Dec 2024 | $30.4B |
| FY Dec 2023 | $19.8B |
| FY Dec 2022 | $22.4B |
| FY Dec 2021 | $20.5B |
| Jun 2026 | $39.0B |
| Mar 2026 | $39.0B |
| Dec 2025 | $35.3B |
| Sep 2025 | $36.0B |
| Jun 2025 | $33.1B |
| Mar 2025 | $32.2B |
| Dec 2024 | $30.4B |
| Sep 2024 | $27.8B |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
-5.2%
TTM free cash flow over market value at close 2026-10-26
FCF yield NI
| FY Dec 2025 | -2.1% |
| FY Dec 2024 | -4.9% |
| FY Dec 2023 | -6.5% |
| FY Dec 2022 | -7.1% |
| FY Dec 2021 | -5.7% |
| Jun 2026 | -4.8% |
| Mar 2026 | -3.7% |
| Dec 2025 | -2.1% |
| Sep 2025 | -2.5% |
| Jun 2025 | -3.3% |
| Mar 2025 | -3.5% |
| Dec 2024 | -4.9% |
| Sep 2024 | -6.3% |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
n/a
trailing EPS growth -1%, PEG needs growth
PEG, trailing NI
| FY Dec 2025 | 1.09x |
| FY Dec 2024 | 2.07x |
| FY Dec 2023 | n/a |
| FY Dec 2022 | 0.54x |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | 2.88x |
| Dec 2025 | 1.09x |
| Sep 2025 | 1.50x |
| Jun 2025 | 1.34x |
| Mar 2025 | 1.00x |
| Dec 2024 | 2.07x |
| Sep 2024 | 1.96x |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-26. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-12 | 2024-12 | 2023-12 | 2022-12 | |
|---|---|---|---|---|
| Revenue | $6.5B | $5.3B | $5.3B | $5.7B |
| Operating income | $1.8B | $1.5B | $1.3B | $1.3B |
| Net income | $929.5M | $760.4M | $714.3M | $804.1M |
| EPS (diluted) | 1.95 | 1.62 | 1.48 | 1.70 |
| Operating cash flow | $2.4B | $1.8B | $1.9B | $1.4B |
| Cash | $110.1M | $156.6M | $2.2B | $40.8M |
| Long-term debt | $15.5B | $12.1B | $11.1B | $9.5B |
| Dividends paid | $530.4M | $481.0M | $413.5M | $381.5M |
SEC XBRL, fiscal years, as known on 2026-10-28
NI Stock Sonar score 6/7 axes
Find similar shapesCompareNI ranks highest on growth (87th percentile) and institutional and government (65th), and lowest on insider conviction (8th), among Utilities peers.
6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
NI filings, in plain words
Are Nisource insiders buying or selling NI?
In the 180 days to 2026-10-28, Nisource insiders were net sellers, a net $3.8M across purchases and sales reported on Form 4, by 3 sellers.
Have members of Congress traded NI?
Yes, but not in the year to 2026-10-28; the latest on record is a sale by Jefferson Shreve dated 2025-05-12.
Are there planned insider sales of NI?
Yes. 1 Form 144 notice of planned insider sales was filed in the 90 days to 2026-10-28, covering $1.6M of stock; the latest, by BIRMINGHAM MELODY, was filed 2026-08-14.
Read the full summary
In the 180 days to 2026-10-28, Nisource insiders were net sellers of NI, a net $3.8M across purchases and sales reported on Form 4 by 3 sellers. None of the 5 insider sales was flagged as made under a Rule 10b5-1 plan. Members of Congress have disclosed trades in NI, none in the last year; the latest on record is a sale by Jefferson Shreve dated 2025-05-12. Insiders filed 1 Form 144 notice of intent to sell in the 90 days to 2026-10-28, covering $1.6M of stock. Each figure is counted from SEC and House filings as of 2026-10-28, dated the day the filing was made public.
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