We just received data on a $52M payment to NELNET SERVICING LLC from the Department of Education. This payment was made on 2025-01-31 by the Department of Education. We received this data from USASpending.gov.
Here is the award's description:
OPERATIONS AND MAINTENANCE (O&M) TASK ORDER FOR STUDENT LOAN SERVICING IN ACCORDANCE WITH THE REQUIREMENTS OF THE USDS CONTRACT. ALL WORK AND DELIVERABLES PROVIDED MUST BE IN ACCORDANCE WITH THE REQUIREMENTS OF THE CONTRACT FOR THE TASK ORDER.
Our code mapped this contract to $NNI.
$NNI Government Contracts
We have seen $423,747,886 of award payments to $NNI over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- OPERATIONS AND MAINTENANCE (O&M) TASK ORDER FOR STUDENT LOAN SERVICING IN ACCORDANCE WITH THE REQUIREMENTS ...: $250,106,860
- OPERATIONS AND MAINTENANCE (O&M) TASK ORDER FOR STUDENT LOAN SERVICING IN ACCORDANCE WITH THE REQUIREMENTS ...: $88,362,976
- PROVIDE DIRECT LOAN SERVICES SUCH AS CALL CENTER AND FINANCIAL REPORTING - NELNET FROM 12/15/2019 THROUGH 1...: $37,240,677
- SPECIALTY TASK SERVICES (STS) TASK ORDER IS FOR IMAGE REPOSITORY, DECOMMISSIONED SERVICER DATA AND PAYMENT...: $18,934,122
- THE PURPOSE OF THIS TASK ORDER IS TO PROVIDE FUNDING FOR TITLE IV AID SERVICING FOR BORROWERS UNDER THE TOT...: $18,395,331
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.
$NNI Insider Trading Activity
$NNI insiders have traded $NNI stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $NNI stock by insiders over the last 6 months:
- WILLIAM J MUNN (Secy/Chief Legal Off/Gen Coun) sold 2,500 shares for an estimated $272,225
- DEUN JONA M VAN sold 440 shares for an estimated $48,540
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$NNI Hedge Fund Activity
We have seen 75 institutional investors add shares of $NNI stock to their portfolio, and 69 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PROFICIO CAPITAL PARTNERS LLC added 479,389 shares (+16773.6%) to their portfolio in Q4 2024, for an estimated $51,203,539
- VANGUARD GROUP INC added 262,854 shares (+26.7%) to their portfolio in Q3 2024, for an estimated $29,776,101
- JPMORGAN CHASE & CO removed 47,793 shares (-26.6%) from their portfolio in Q3 2024, for an estimated $5,413,991
- HRT FINANCIAL LP removed 41,343 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $4,683,335
- DEUTSCHE BANK AG\ added 40,198 shares (+660.1%) to their portfolio in Q3 2024, for an estimated $4,553,629
- DEAN INVESTMENT ASSOCIATES, LLC removed 34,663 shares (-71.0%) from their portfolio in Q3 2024, for an estimated $3,926,624
- RENAISSANCE TECHNOLOGIES LLC removed 33,300 shares (-72.1%) from their portfolio in Q3 2024, for an estimated $3,772,224
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
