On November 15, 2024, Van Deun Jona M, a Director at Nelnet Inc (NNI, Financial), sold 440 shares of the company at a price of $110.32 per share. This transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 633 shares of Nelnet Inc.
Nelnet Inc operates primarily in the education finance sector, providing a range of services including loan servicing, payment processing, education planning, and asset management. The company's major revenue streams are derived from managing and reprocessing student loans.
Over the past year, the insider transaction history at Nelnet Inc shows a total of three insider sells and no insider buys. The insider, Van Deun Jona M, has sold a total of 440 shares and has not purchased any shares within this timeframe.
As of the latest transaction, Nelnet Inc's shares were trading at $110.32, giving the company a market cap of approximately $3.88 billion. The price-earnings ratio of the company stands at 34.35, which is significantly higher than the industry median of 14.92.
The stock's valuation according to the GF Value is set at $100.73, indicating that with a current price of $110.32, Nelnet Inc is considered Fairly Valued with a price-to-GF-Value ratio of 1.1.
The GF Value is calculated based on historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and estimated future business outcomes.
This recent insider sell might interest investors tracking insider behaviors as an indicator of potential stock performance, particularly in the context of the company's valuation and market performance.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
