Nelnet, Inc. (NNI) has 20 known insider and institutional holders on record. The largest holder is MUHLEISEN ANGIE with 2,191,180 shares. Other notable holders include MAGNOLIA GROUP, LLC and Peterson Adam K.
Over the last 12 months, insiders have made 30 transactions in NNI stock — 10 buys (valued at $575.2K) and 3 sells (valued at $5.45M). Insider buying has outpaced selling during this period, which may signal confidence in the company's prospects.
NNI Insider Ownership
Top Holder
MUHLEISEN ANGIE
2,191,180 shares
Buys (12 mo)
10
$575.2K value
Sells (12 mo)
3
$5.45M value
12-Month Transaction Activity
Top Insider Holders
| # |
Name |
Role |
Shares Owned |
Last Filed |
Relative Size |
| 1 |
Muhleisen Angie |
10 Percent Owner |
2,191,180 |
2025-08-20 |
|
| 2 |
Magnolia Group, Llc |
Director |
1,903,119 |
2022-06-22 |
|
| 3 |
Peterson Adam K |
Other: See Below |
1,678,448 |
2025-06-18 |
|
| 4 |
Dunlap Michael S |
10 Percent Owner, Officer: Executive Chairman of Board |
1,382,982 |
2025-11-21 |
|
| 5 |
Eicher Todd M |
Executive Director |
226,626 |
2013-11-12 |
|
| 6 |
Noordhoek Jeffrey R |
Chief Executive Officer |
102,056 |
2026-03-12 |
|
| 7 |
Muhleisen Dan D |
10 Percent Owner |
88,070 |
2018-10-01 |
|
| 8 |
Tewes Timothy |
President |
81,565 |
2026-03-12 |
|
| 9 |
Abel James P |
Director |
63,288 |
2021-06-22 |
|
| 10 |
Rath Kimberly Kay |
Director |
63,058 |
2025-06-18 |
|
| 11 |
Henning Thomas Edward |
Director |
57,000 |
2025-06-18 |
|
| 12 |
Kruger James D |
Chief Financial Officer |
56,897 |
2026-03-12 |
|
| 13 |
Oconnor Brian J |
Director |
44,894 |
2011-07-13 |
|
| 14 |
Graff David S |
Director |
30,325 |
2025-06-18 |
|
| 15 |
Cintani William Robert |
Director |
29,580 |
2022-06-21 |
|
| 16 |
Wenger Deeann |
Pres, Nelnet Business Services |
25,733 |
2026-03-12 |
|
| 17 |
Farrell Kathleen Anne |
Director |
20,944 |
2025-06-18 |
|
| 18 |
Bansal Preeta D |
Director |
18,617 |
2025-06-18 |
|
| 19 |
Heimes Terry J |
Chief Operating Officer |
17,574 |
2026-03-12 |
|
| 20 |
Butterfield Stephen F |
10 Percent Owner |
16,808 |
2018-12-13 |
|
Recent Transactions (last 12 months)
| Date |
Name |
Role |
Type |
Shares |
Price |
Value |
| 2026-03-30 |
Peterson Adam K |
Other: See Below |
Conversion (Buy) |
9,544 |
- |
- |
| 2026-03-10 |
Munn William J |
Secy/chief Legal Off/gen Coun |
Tax Withholding of RSU |
50 |
$131.23 |
$6.56K |
| 2026-03-10 |
Wenger Deeann |
Pres, Nelnet Business Services |
Tax Withholding of RSU |
245 |
$131.23 |
$32.15K |
| 2026-03-10 |
Olinger Emily |
Chief People Services Officer |
Tax Withholding of RSU |
50 |
$131.23 |
$6.56K |
| 2026-03-10 |
Dunlap Matthew W |
President, Nfs |
Tax Withholding of RSU |
67 |
$131.23 |
$8.79K |
| 2026-03-10 |
Kruger James D |
Chief Financial Officer |
Tax Withholding of RSU |
135 |
$131.23 |
$17.72K |
| 2026-03-10 |
Tewes Timothy |
President |
Tax Withholding of RSU |
135 |
$131.23 |
$17.72K |
| 2026-03-10 |
Noordhoek Jeffrey R |
Chief Executive Officer |
Tax Withholding of RSU |
204 |
$131.23 |
$26.77K |
| 2026-03-10 |
Heimes Terry J |
Chief Operating Officer |
Tax Withholding of RSU |
135 |
$131.23 |
$17.72K |
| 2025-12-09 |
Van Deun Jona M |
Director |
Informative Sell |
400 |
$128.95 |
$51.58K |
| 2025-12-01 |
Dunlap Matthew W |
President, Nfs |
Gift (Received) |
63,126 |
- |
- |
| 2025-12-01 |
Dunlap Michael S |
10 Percent Owner, Officer: Executive Chairman of Board |
Gift (Given) |
266,092 |
- |
- |
| 2025-11-19 |
Dunlap Michael S |
10 Percent Owner, Officer: Executive Chairman of Board |
Gift (Given) |
35,000 |
- |
- |
| 2025-09-05 |
Henning Thomas Edward |
Director |
Informative Sell |
3,102 |
$128.87 |
$399.75K |
| 2025-08-25 |
Butterfield Shelby J |
Other: Former 10% Owner |
Informative Sell |
41,929 |
$119.25 |
$5M |
| 2025-08-18 |
Muhleisen Angie |
10 Percent Owner |
Gift (Given) |
11,699 |
- |
- |
| 2025-07-28 |
Dunlap Matthew W |
President, Nfs |
Gift (Received) |
8,059 |
- |
- |
| 2025-07-28 |
Butterfield Shelby J |
10 Percent Owner |
Gift (Given) |
18,424 |
- |
- |
| 2025-07-28 |
Muhleisen Angie |
10 Percent Owner |
Gift (Given) |
19,591 |
- |
- |
| 2025-07-28 |
Dunlap Michael S |
10 Percent Owner, Officer: Executive Chairman of Board |
Gift (Given) |
21,943 |
- |
- |
| 2025-07-17 |
Muhleisen Angie |
10 Percent Owner |
Gift (Given) |
41,250 |
- |
- |
| 2025-06-16 |
Van Deun Jona M |
Director |
RSU Award |
471 |
$95.58 |
$45.02K |
| 2025-06-16 |
Bansal Preeta D |
Director |
RSU Award |
1,884 |
$95.58 |
$180.07K |
| 2025-06-16 |
Peterson Adam K |
Other: See Below |
RSU Award |
1,884 |
- |
- |
| 2025-06-16 |
Graff David S |
Director |
RSU Award |
1,779 |
$95.58 |
$170.04K |
