nelnet is a student loan servicer that’s grown into a fiber internet pioneer, real estate investor, and software provider. but that’s just the beginning. with 4,000 employees and growing, we take our business wherever superior customer experiences and ingenuity is needed. find nelnet in 17 different cities, 3 countries, 24+ businesses, 5 industries, and in your linkedin feed by following our page. we have five core values at nelnet: 1. provide superior customer experiences 2. create an awesome work environment 3. pursue opportunities for diversification and growth 4. communicate openly and honestly 5. give back to the communities in which we live and work
Company profile
Ticker
NNI
Exchange
Website
CEO
Jeffrey Noordhoek
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
840748903
NNI stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
4 Apr 24
DEFA14A
Additional proxy soliciting materials
4 Apr 24
DEF 14A
Definitive proxy
4 Apr 24
10-K
2023 FY
Annual report
27 Feb 24
8-K
Nelnet Reports Fourth Quarter 2023 Results
27 Feb 24
8-K
Regulation FD Disclosure
30 Jan 24
S-8
Registration of securities for employees
7 Nov 23
10-Q
2023 Q3
Quarterly report
7 Nov 23
8-K
Nelnet Reports Third Quarter 2023 Results
7 Nov 23
8-K
Regulation FD Disclosure
30 Oct 23
Latest ownership filings
4
William J Munn
1 Apr 24
4
TERRY J HEIMES
1 Apr 24
4
Timothy Tewes
12 Mar 24
4
JEFFREY R NOORDHOEK
12 Mar 24
4
William J Munn
12 Mar 24
4
James D Kruger
12 Mar 24
4
TERRY J HEIMES
12 Mar 24
4
Matthew W Dunlap
12 Mar 24
SC 13G/A
Whitetail Rock Capital Management, LLC
13 Feb 24
SC 13G/A
UNION BANK & TRUST CO / TRUSTEE
13 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 792.55 mm | 792.55 mm | 792.55 mm | 792.55 mm | 792.55 mm | 792.55 mm |
Cash burn (monthly) | 7.16 mm | 20.90 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 49.36 mm | 144.06 mm | n/a | n/a | n/a | n/a |
Cash remaining | 743.19 mm | 648.48 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 103.8 | 31.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
54.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 145 |
Opened positions | 10 |
Closed positions | 8 |
Increased positions | 55 |
Reduced positions | 52 |
13F shares | Current |
---|---|
Total value | 1.10 tn |
Total shares | 14.32 mm |
Total puts | 13.00 k |
Total calls | 2.20 k |
Total put/call ratio | 5.9 |
Largest owners | Shares | Value |
---|---|---|
Dimensional Fund Advisors | 2.06 mm | $184.39 bn |
Magnolia Capital Fund | 1.90 mm | $135.36 mm |
Magnolia | 1.90 mm | $169.71 bn |
Farmers & Merchants Investments | 1.37 mm | $121.99 bn |
Vanguard | 1.31 mm | $116.80 bn |
BLK Blackrock | 1.06 mm | $95.11 bn |
Empyrean Capital Partners | 452.00 k | $40.37 bn |
STT State Street | 331.22 k | $29.58 bn |
Geode Capital Management | 328.71 k | $29.36 bn |
Sycale Advisors | 315.41 k | $28.17 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Mar 24 | Munn William J | Class A Common Stock | Gift | Acquire G | Yes | No | 0 | 1,532 | 0.00 | 11,954 |
28 Mar 24 | Munn William J | Class A Common Stock | Gift | Dispose G | No | No | 0 | 1,532 | 0.00 | 4,491 |
28 Mar 24 | Terry J Heimes | Class A Common Stock | Gift | Acquire G | Yes | No | 0 | 1,210 | 0.00 | 7,420 |
28 Mar 24 | Terry J Heimes | Class A Common Stock | Gift | Acquire G | Yes | No | 0 | 1,210 | 0.00 | 7,420 |
28 Mar 24 | Terry J Heimes | Class A Common Stock | Gift | Acquire G | Yes | No | 0 | 1,210 | 0.00 | 7,420 |
28 Mar 24 | Terry J Heimes | Class A Common Stock | Gift | Acquire G | Yes | No | 0 | 1,210 | 0.00 | 7,420 |
28 Mar 24 | Terry J Heimes | Class A Common Stock | Gift | Dispose G | Yes | No | 0 | 4,840 | 0.00 | 0 |
28 Mar 24 | Terry J Heimes | Class A Common Stock | Gift | Acquire G | Yes | No | 0 | 1,210 | 0.00 | 6,210 |
28 Mar 24 | Terry J Heimes | Class A Common Stock | Gift | Acquire G | Yes | No | 0 | 1,210 | 0.00 | 6,210 |
28 Mar 24 | Terry J Heimes | Class A Common Stock | Gift | Acquire G | Yes | No | 0 | 1,210 | 0.00 | 6,210 |
News
Biden Wipes More Than $7M In Student Debt For 277K Borrowers: 'Too Many People Feel The Strain And Stress'
12 Apr 24
Sunrock DG And Nelnet Partner For Renewable Distributed Generation Projects
11 Apr 24
As Biden Readies Another Large-Scale Student Loan Forgiveness Plan, Here Are Stocks To Watch
5 Apr 24
Nelnet Q4 2023 Adj EPS $(0.04) May Not Compare To $1.03 Estimate
27 Feb 24
Earnings Scheduled For February 27, 2024
27 Feb 24
Press releases
Nelnet to Announce First Quarter Results
17 Apr 24
Nelnet Renewable Energy Sharpens Focus on Commercial Solar
12 Apr 24
Sunrock DG and Nelnet Partner for Renewable Distributed Generation Projects
11 Apr 24
Nelnet Reports Fourth Quarter 2023 Results
27 Feb 24
Nelnet Bank Launches K-12 High-Yield Savings Accounts: Empowering Schools with Financial Growth
6 Feb 24