NNI Nelnet (NNI) Insider Trading, Ownership & Congress Trades
Financial Services · Personal credit institutions · CIK 0001258602
SEC filings
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
120
13F, latest reported quarter
Nelnet insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
No insider purchases or sales are on record for NELNET INC in the period covered. 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 Nov 15, 2024.
- The trade is 56.8% of the 704 shares held after it.
- No other insider sold within 30 days.
- 120 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director Van Deun Jona M sold about $51.6K of NNI on Dec 9, 2025; 120 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.
- 1 other insider sold within 30 days.
- 120 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director HENNING THOMAS EDWARD sold about $399.8K of NNI on Sep 5, 2025; 1 other insider sold within 30 days and 120 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 46.1% of the 11,058 shares held after it.
- 1 other insider sold within 30 days.
- 120 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director HENNING THOMAS EDWARD sold about $656.5K of NNI on Sep 5, 2025; 1 other insider sold within 30 days and 120 funds added in the latest 13F quarter.Context
- 33 earlier Form 4 trades (code P or S) here by this insider (33 sales), the last on Aug 10, 2021.
- The trade is 8221.4% of the 510 shares held after it.
- 1 other insider sold within 30 days.
- 120 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Insider Butterfield Shelby J sold about $5.0M of NNI on Aug 25, 2025, the largest insider sale at the company since 2021; 1 other insider sold within 30 days and 120 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 Aug 15, 2023.
- The trade is 69.5% of the 633 shares held after it.
- 1 other insider sold within 30 days.
- 120 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director Van Deun Jona M sold about $48.5K of NNI on Nov 15, 2024; 1 other insider sold within 30 days and 120 funds added in the latest 13F quarter.55 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
no insider buys or sells on file
Congress
no House purchase disclosed in the last 12 months
Funds
120 funds bought in last quarter
more than 64% of Financial Services
Revenue
no revenue reported in any filing
Margin
no margin: no revenue reported
Buybacks
$40.6M repurchased, FY to 2026-06-30
more than 51% of Financial Services
Short interest
4.1% of the float short (float per yahoo 2026-10-26) · 4.6 days to cover · settled 2026-09-30
What changed in the last 30 days
Nothing new filed in the last 30 days
Watch NNI
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.
-6.2%12M
Insider sell
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns NNI: institutional holders (13F)
13F holdings, latest reported quarter
1,852,273 sh
$247.0M
1,269,723 sh
$169.3M
1,179,351 sh
$157.2M
1,162,288 sh
$155.0M
695,621 sh
$92.7M
Congress trades in NNI
No Congress trades reported
No House member has disclosed a trade in this stock. See what Congress is buying.
Activist and 5% holders (13D/13G)
No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.
NNI planned insider sales (Form 144)
No planned-sale notices
No insider has filed to sell. Watch this after a run-up.
NNI mutual fund holders (N-PORT)
Funds ranked by the share of their own portfolio in this stock (N-PORT).
JAMES MICRO CAP FUND
$752.8K position · as of 2026-06-30
2.3%
FPA Queens Road Small Cap Value Fund
$27.8M position · as of 2026-05-31
2.1%
LK Balanced Fund
$533.3K position · as of 2026-06-30
2.0%
Small Cap Value Fund
$4.8M position · as of 2026-06-30
0.7%
First Trust Small Cap Value AlphaDEX Fund
$974.3K position · as of 2026-07-31
0.5%
VictoryShares US Small Mid Cap Value Momentum ETF
$8.4M position · as of 2026-06-30
0.5%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Government contracts
Award ceilings over the contract's life, subsidiaries included.
Not annual revenue (USASpending.gov).
Department Of Education
PROVIDE DIRECT LOAN SERVICES SUCH AS CALL CENTER AND FINANCIAL REPORTING - NELNET FROM 12/15/2019 TH · 2019-11-26
$988.7M
Department Of Education
OPERATIONS AND MAINTENANCE (O&M) TASK ORDER FOR STUDENT LOAN SERVICING IN ACCORDANCE WITH THE REQUIR · 2024-07-01
$392.7M
Department Of Education
OPERATIONS AND MAINTENANCE (O&M) TASK ORDER FOR STUDENT LOAN SERVICING IN ACCORDANCE WITH THE REQUIR · 2026-04-01
$210.7M
Department Of Education
OPERATIONS AND MAINTENANCE (O&M) TASK ORDER FOR STUDENT LOAN SERVICING IN ACCORDANCE WITH THE REQUIR · 2025-10-01
$154.9M
Department Of Education
OPERATIONS AND MAINTENANCE (O&M) TASK ORDER FOR STUDENT LOAN SERVICING IN ACCORDANCE WITH THE REQUIR · 2024-04-01
$79.3M
Department Of Education
SPECIALTY TASK SERVICES (STS) TASK ORDER IS FOR IMAGE REPOSITORY, DECOMMISSIONED SERVICER DATA AND · 2024-04-01
$52.2M
Federal awards ≥ $25M in the last 90 days, matched via the SAM.gov parent registry
Corporate PAC
The company's PAC: committee totals only, never individual donors (FEC).
Nelnet Inc Pac (Nelnet Pac)
Cycle 2026 · $276K spent
$314.3K
Federal Election Commission, matched by the PAC's connected organisation
Executive pay vs shareholder return
CEO pay, headline and as actually paid, against the company's
return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2025
$2.2M
$2.5M
$2.2M
+97%
+103%
2024
$1.6M
$1.8M
$1.5M
+57%
+77%
2023
$1.8M
$1.8M
$1.6M
+28%
+35%
2022
$2.2M
$2.2M
$2.0M
+30%
+21%
2021
$2.7M
$3.0M
$2.3M
+39%
+35%
Tagged by the company under SEC Item 402(v). Returns are
cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
The complete filing record, in one place.
The record shows 120 funds added last quarter. Each figure is a federal filing, dated the day it went public.
NNI financials
Complaints, 90 days
1,342
-15.1% YoY · CFPB
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$0
four quarters, 2017-01-01 to 2017-12-31
Revenue, TTM NNI
| FY Dec 2025 | $0 |
| FY Dec 2024 | $0 |
| FY Dec 2023 | $0 |
| FY Dec 2022 | $0 |
| FY Dec 2021 | $0 |
| 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
Single quarter
Net margin, TTM
n/a
revenue under $1M, the ratio says nothing
Net margin, TTM NNI
| 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
Single quarter
Free cash flow, TTM
$364.0M
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Free cash flow, TTM NNI
| FY Dec 2025 | $396.7M |
| FY Dec 2024 | $642.0M |
| FY Dec 2023 | $358.0M |
| FY Dec 2022 | $623.6M |
| FY Dec 2021 | $421.4M |
| Jun 2026 | $71.6M |
| Mar 2026 | $61.6M |
| Dec 2025 | $130.1M |
| Sep 2025 | $100.8M |
| Jun 2025 | $78.1M |
| Mar 2025 | $87.8M |
| Dec 2024 | $197.9M |
| Sep 2024 | $132.6M |
At each fiscal year end
Single quarter
Debt to equity
1.87x
long-term debt only, 2026-06-30; equity 2026-06-30
Debt to equity NNI
| FY Dec 2025 | 2.11x |
| FY Dec 2024 | 2.48x |
| FY Dec 2023 | n/a |
| FY Dec 2022 | 4.58x |
| FY Dec 2021 | 5.97x |
| Jun 2026 | 1.87x |
| Mar 2026 | 2.06x |
| Dec 2025 | 2.11x |
| Sep 2025 | 2.14x |
| Jun 2025 | 2.21x |
| Mar 2025 | 2.53x |
| Dec 2024 | 2.48x |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
0.06x
TTM operating cash flow over long-term debt only, 2026-06-30
Cash flow to debt NNI
| FY Dec 2025 | 0.05x |
| FY Dec 2024 | 0.08x |
| FY Dec 2023 | n/a |
| FY Dec 2022 | 0.05x |
| FY Dec 2021 | 0.03x |
| Jun 2026 | 0.06x |
| Mar 2026 | 0.05x |
| Dec 2025 | 0.05x |
| Sep 2025 | 0.06x |
| Jun 2025 | 0.06x |
| Mar 2025 | 0.06x |
| Dec 2024 | 0.08x |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
+8.2%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on equity NNI
| FY Dec 2025 | +12.2% |
| FY Dec 2024 | +5.6% |
| FY Dec 2023 | n/a |
| FY Dec 2022 | +13.2% |
| FY Dec 2021 | +14.1% |
| Jun 2026 | +8.2% |
| Mar 2026 | +11.7% |
| Dec 2025 | +12.2% |
| Sep 2025 | +12.5% |
| Jun 2025 | +9.6% |
| Mar 2025 | +5.7% |
| Dec 2024 | +5.6% |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
+2.2%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets NNI
| FY Dec 2025 | +3.1% |
| FY Dec 2024 | +1.2% |
| FY Dec 2023 | n/a |
| FY Dec 2022 | +2.0% |
| FY Dec 2021 | +1.8% |
| Jun 2026 | +2.2% |
| Mar 2026 | +2.9% |
| Dec 2025 | +3.1% |
| Sep 2025 | +3.1% |
| Jun 2025 | +2.3% |
| Mar 2025 | +1.3% |
| Dec 2024 | +1.2% |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
n/a
fewer than four consecutive quarters of operating income
Return on invested capital NNI
| 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
n/a
fewer than four consecutive quarters of operating income
Return on capital employed NNI
| 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
P/E, trailing
14.62x
close 2026-10-26 over four quarters of diluted EPS, 2025-07-01 to 2026-06-30
P/E, trailing NNI
| FY Dec 2025 | 11.29x |
| FY Dec 2024 | 21.32x |
| FY Dec 2023 | 36.61x |
| FY Dec 2022 | 8.40x |
| FY Dec 2021 | 9.58x |
| Jun 2026 | 15.93x |
| Mar 2026 | 11.22x |
| Dec 2025 | 11.29x |
| Sep 2025 | 10.54x |
| Jun 2025 | 13.41x |
| Mar 2025 | 20.97x |
| Dec 2024 | 21.32x |
| Sep 2024 | 36.90x |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
n/a
no share count filed
Enterprise value NNI
| 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
FCF yield
n/a
no share count filed
FCF yield NNI
| 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
PEG, trailing
n/a
trailing EPS growth -7%, PEG needs growth
PEG, trailing NNI
| FY Dec 2025 | 0.08x |
| FY Dec 2024 | 0.20x |
| FY Dec 2023 | n/a |
| FY Dec 2022 | 1.43x |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | 0.10x |
| Dec 2025 | 0.08x |
| Sep 2025 | 0.04x |
| Jun 2025 | 0.12x |
| Mar 2025 | 0.48x |
| Dec 2024 | 0.20x |
| Sep 2024 | n/a |
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 | |
|---|---|---|---|---|
| Net income | $428.5M | $184.0M | $89.8M | $406.9M |
| EPS (diluted) | 11.79 | 5.02 | 2.40 | 10.82 |
| Operating cash flow | $423.0M | $662.9M | $432.0M | $683.1M |
| Cash | $296.0M | $194.5M | $168.1M | $118.1M |
| Long-term debt | $7.8B | $8.3B | $11.8B | $14.6B |
| Buybacks | $69.3M | $83.3M | $28.0M | $97.7M |
| Dividends paid | $43.0M | $40.8M | $39.4M | $36.6M |
SEC XBRL, fiscal years, as known on 2026-10-28
NNI Stock Sonar score 4/7 axes
Find similar shapesCompareNNI ranks highest on profitability (56th percentile) and institutional and government (44th), and lowest on financial health (35th), among Financial Services peers.
4 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
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