David Graff Acquires Shares of Nelnet, Inc.

David Graff, an insider at Nelnet, Inc. (NYSE:NNI), purchased 1,535 shares of the company on June 15, 2026. The shares were bought at an average price of $110.76 each, amounting to a total transaction value of $170,016.60. This insider purchase was not part of a pre-planned trading program.

Insider Buying and Selling at Nelnet, Inc.

Several insiders at Nelnet, Inc. also made purchases on June 15, 2026. Jona Van Deun acquired 407 and 1,219 shares, while Kimberly Kay Rath and Preeta Bansal each bought 1,535 shares. Kathleen Anne Farrell purchased 1,626 shares, all at the same price of $110.76 per share.

Other Institutional Activity in Nelnet, Inc.

Dimensional Fund Advisors LP slightly reduced its stake by 1,263 shares, holding 1,847,699 shares worth about $238.3 million. Magnolia Group, LLC and Farmers & Merchants Investments Inc maintained their positions, holding 1,668,976 and 1,184,351 shares, respectively. BlackRock, Inc. increased its holdings by 52,958 shares to a total of 978,034 shares valued at approximately $126.1 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC added substantial positions, now holding 679,395 and 577,940 shares, respectively.

Nelnet, Inc. Stock Snapshot

Shares of Nelnet, Inc. (NYSE:NNI) traded near $130.95. The company boasts a market capitalization of about $4.64 billion and has a P/E ratio of 11.23. With a beta of 0.789, the stock is less volatile than the broader market. Nelnet's 52-week range is between $113.26 and $144.38, with a 50-day moving average of $132.73 and a 200-day moving average of $130.96. The company maintains a healthy current ratio of 4.89 and a quick ratio of 4.64, though it has a high debt-to-equity ratio of 213.55.

Analysts Set New Price Targets

On January 8, 2026, TD Cowen maintained its hold rating on Nelnet, Inc. and set a price target of $140. The consensus among analysts is also a hold, with a mean target price of $135, based on one analyst opinion.

About Nelnet, Inc.

Nelnet, Inc., based in Lincoln, Nebraska, operates in the financial services sector, particularly in credit services. The company provides loan servicing, education technology services, and payment solutions worldwide. It operates through segments like Loan Servicing and Systems, Education Technology Services and Payments, Asset Generation and Management, and Nelnet Bank. Nelnet is led by CEO Jeffrey R. Noordhoek and employs around 5,744 people.

Bottom Line

David Graff's recent purchase of Nelnet shares highlights insider confidence in the company. Investors often track such insider activities for insights into company prospects. However, it's important to remember that insider transactions are not always indicative of future stock performance.