NNI — Nelnet Inc

Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Nelnet Inc

Nelnet, Inc. engages in loan servicing, education technology services, and payment businesses worldwide. The company operates through four segments: Loan Servicing and Systems, Education Technology Services and Payments, Asset Generation and Management, and Nelnet Bank. The Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer, payment processing, due diligence procedures, funds management… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$130.12
Market Cap$4.66B
Float14.5M
Shares Outstanding25.3M
P/E (Forward)16.29
P/E (TTM)11.27
Price/Sales (TTM)2.83
vs. Analyst Target+3.8% to analyst PT
Profit Margin25.34%
Operating Margin (TTM)21.42%
Revenue (TTM)$1.65B
Earnings Growth (YoY)-12.90%
Dividend Rate1.3%
Analyst Target Price$135.00 (1 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $1.37B $352M $979M $649M
2021 $1.42B $393M $1.25B $634M
2022 $1.82B $407M $1.35B $678M
2023 $1.81B $89.8M $961M $214M
2024 $1.85B $184M $1.11B $361M
2025 $2.26B $428M $1.97B $1.06B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $613M $181M
Sep 2025 $495M $107M
Dec 2025 $504M $57.8M
Mar 2026 $526M $71.1M

Ownership & Float

Insider Ownership30.6%
Institutional Ownership48.4%
Short Float2.4%
% of All Funds Holding2.37%
Number of Funds Holding195

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$131.73Near-term / short-term trend
Weekly40-Week SMA$130.70Medium-term trend
Weekly80-Week SMA$122.11Cyclical trend (business cycle)
Weekly200-Week SMA$105.89Secular trend (multi-year)
Monthly10-Month SMA$130.74Near-term monthly trend
Monthly20-Month SMA$122.37Medium-term monthly trend
Monthly40-Month SMA$109.08Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$130.00 support 1.25x 0 months ago
$142.00 resistance 1.11x 0 months ago
$116.00 support 1.28x 10 months ago
$106.00 support 1.40x 11 months ago
$95.00 support 1.19x 23 months ago

Historical Earnings Reactions (90 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.12% 0.00% 48.89% 9.16% -9.10%
1 Day 0.13% -0.15% 47.78% 12.47% -13.43%
1 Week 1.71% 0.79% 56.67% 28.39% -13.74%
2 Weeks 1.27% 0.78% 53.33% 79.14% -21.18%
1 Month 2.40% 1.05% 53.93% 112.26% -17.88%

Next earnings: July 26, 2026 (58 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan-1.0%43.5%23
Feb-1.6%52.2%23
Mar3.6%56.5%23
Apr0.2%65.2%23
May2.3%50.0%22
Jun1.7%40.9%22
Jul2.7%72.7%22
Aug2.3%54.5%22
Sep-1.5%31.8%22
Oct2.8%59.1%22
Nov2.7%54.5%22
Dec2.2%68.2%22

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.01% 47.2% 1057
Tuesday 0.10% 48.9% 1161
Wednesday 0.07% 49.0% 1160
Thursday 0.14% 50.9% 1136
Friday -0.00% 48.1% 1132

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 48.4%

Insider Transactions — Smart Summary

Total insider ownership: 30.6%

Founder-led management: Mike Dunlap (Executive Chairman of the Board)

12-Month Insider Activity Summary

Total Filings3
Net Value+N/A
Net Shares Change-50,525
% of Float-0.3%
C-Suite Filings0
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
Butterfield Shelby J -$5.0M 1 1 sell
HENNING THOMAS EDWARD -$1.1M 1 N/A
Van Deun Jona M -$51,580 1 N/A

Significant Filings

DateInsiderTitleNet ValuePrice After
2025-08-27 Butterfield Shelby J -$5.0M Transaction at $119.25, now +9.1%
2025-09-08 HENNING THOMAS EDWARD -$1.1M Transaction at $128.87, now +1.0%
2025-12-11 Van Deun Jona M -$51,580 Transaction at $128.95, now +0.9%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Nelnet Inc (NNI) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for NNI on Trend Edge →